Latest news for Vitalhub (OTC:VHIBF) Stock

Vitalhub Corp provides technology to Health and Human Service providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow and Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.

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TSX:VHI

VitalHub Corp. (TSX: VHI) (OTC: VHIBF) announced that

VitalHub Bags Multi-Year Contract - Read More For Details

VitalHub Acquires Hicom Technology For £8.7M

VITALHUB CORP COM NO PAR by VITALHUB CORP

Vitalhub Corp

WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) reported quarterly earnings of $3.97 per share which beat the analyst consensus estimate of $1.04 by 281.73 percent. The company reported quarterly sales of $384.60 million which beat the analyst consensus estimate of $174.91 million by 119.89 percent. This is a 111.50 percent increase over sales of $181.84 million the same period last year.

Earnings

Earnings Beats

WSFS

WSFS Financial Q2 2024 Adj EPS $3.97 Beats $1.04 Estimate, Sales $384.60M Beat $174.91M Estimate

Mohawk Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHK#NYSE">MHK</a>) reported quarterly earnings of $3.00 per share which beat the analyst consensus estimate of $2.75 by 9.09 percent. This is a 8.7 percent increase over earnings of $2.76 per share from the same period last year. The company reported quarterly sales of $2.80 billion which missed the analyst consensus estimate of $2.83 billion by 1.02 percent. This is a 5.05 percent decrease over sales of $2.95 billion the same period last year.

Earnings Misses

Mohawk Industries Q2 Adj $3.00 Beats $2.75 Estimate, Sales $2.80B Miss $2.83B Estimate

Guidance

L3Harris Technologies Raises FY24 EPS Guidance From $12.70-$13.05 To $12.85-$13.15 Vs $12.97 Est.; Revenue Guidance From $20.8B-$21.3B To $21B-$21.3B Vs $21.21B Est.

BTIG analyst Mark Massaro initiates coverage on IDEXX Laboratories (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDXX#NASDAQ">IDXX</a>) with a Buy rating and announces Price Target of $580.

Price Target

Initiation

Analyst Ratings

IDXX

BTIG Initiates Coverage On IDEXX Laboratories with Buy Rating, Announces Price Target of $580

LPL Finl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPLA#NASDAQ">LPLA</a>) reported quarterly earnings of $3.88 per share which beat the analyst consensus estimate of $3.70 by 4.86 percent. This is a 1.52 percent decrease over earnings of $3.94 per share from the same period last year. The company reported quarterly sales of $2.932 billion which beat the analyst consensus estimate of $2.886 billion by 1.60 percent. This is a 18.75 percent increase over sales of $2.469 billion the same period last year.

LPLA

LPL Finl Hldgs Q2 2024 Adj EPS $3.88 Beats $3.70 Estimate, Sales $2.932B Beat $2.886B Estimate

WSFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent.

WSFS Financial Q2 2024 Adj EPS $1.16 Beats $1.04 Estimate

Ensign Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSG#NASDAQ">ENSG</a>) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.30 by 1.54 percent. This is a 13.79 percent increase over earnings of $1.16 per share from the same period last year. &nbsp;

ENSG

Ensign Group Q2 2024 Adj EPS $1.32 Beats $1.30 Estimate

L3Harris Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) reported quarterly earnings of $3.24 per share which beat the analyst consensus estimate of $3.17 by 2.21 percent. This is a 9.09 percent increase over earnings of $2.97 per share from the same period last year. The company reported quarterly sales of $5.30 billion which met the analyst consensus estimate. This is a 12.91 percent increase over sales of $4.69 billion the same period last year.

L3Harris Technologies Q2 Adj $3.24 Beats $3.17 Estimate, Sales $5.30B Inline

Ensign Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENSG#NASDAQ">ENSG</a>) reported quarterly sales of $1.036 billion which beat the analyst consensus estimate of $1.021 billion by 1.51 percent. This is a 12.44 percent increase over sales of $921.345 million the same period last year.

Ensign Group Q2 Sales $1.036B Beat $1.021B Estimate

DECK

Deckers Brands Increases FY 2025 Diluted EPS Guidance To $29.75 - $30.65; 10% Increase In Net Sales To $4.7B

Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets
SEATTLE, July 25, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4219523-1&amp;h=1030288948&amp;u=https%3A%2F%2Fwww.weyerhaeuser.com%2F&amp;a=Weyerhaeuser+Company">Weyerhaeuser Company</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) today announced acquisitions totaling 84,300 acres of high-quality timberlands in Alabama for $244 million. Secured through multiple transactions, the collective acreage is comprised of mature, highly productive timberlands that are well-integrated with existing Weyerhaeuser operations. Additionally, the acquisitions are expected to deliver portfolio-leading cash flow and harvest tons per acre within the company's Southern Timberlands business.

Weyerhaeuser Acquires 84,300 Acres Of High-Quality Timberlands In Alabama For $244M

WIIM

Deckers Outdoor shares are trading higher after the company reported better-than-expected Q1 financial results.

Ryder (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/r#NYSE">R</a>) reported $3.18 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.3%. EPS of $3.00 for the same period compares to $3.61 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.25 billion, representing a surprise of -2.09%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $2.88.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company&#39;s underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock&#39;s price performance more accurately.
Here is how Ryder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
<ul>
<li>Operating Revenue- Fleet Management Solutions: $1.28 billion versus $1.29 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.</li>
<li>Operating Revenue- Dedicated Transportation Solutions: $485 million compared to the $528.41 million average estimate based on two analysts. The reported number represents a change of +48.3% year over year.</li>
<li>Operating Revenue- Supply Chain Solutions: $989 million versus $951.35 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.</li>
<li>Revenues- Supply Chain Solutions - Subcontracted transportation and fuel: -$352 million versus $353.94 million estimated by two analysts on average.</li>
<li>Revenues- Fleet Management Solutions: $1.48 billion versus $1.48 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.3% change.</li>
<li>Revenues- Fleet Management Solutions- SelectCare and other: $176 million versus the two-analyst average estimate of $171.64 million. The reported number represents a year-over-year change of +2.3%.</li>
<li>Revenues- Dedicated Transportation Solutions: $635 million compared to the $698.73 million average estimate based on two analysts. The reported number represents a change of +44.3% year over year.</li>
<li>Revenues- Eliminations: -$272 million versus -$234.47 million estimated by two analysts on average.</li>
<li>Revenues- Fleet Management Solutions- Commercial rental: $244 million compared to the $254.69 million average estimate based on two analysts. The reported number represents a change of -18.9% year over year.</li>
<li>Revenues- Fleet Management Solutions- ChoiceLease: $856 million versus the two-analyst average estimate of $861.14 million. The reported number represents a year-over-year change of +9.6%.</li>
<li>Revenues- Fleet Management Solutions- Fuel services: $202 million versus the two-analyst average estimate of $192.92 million. The reported number represents a year-over-year change of -1.5%.</li>
<li>Revenues- Supply Chain Solutions: $1.34 billion versus $1.31 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.7% change.</li>
<li>Shares of Ryder have returned +5.8% over the past month versus the Zacks S&amp;P 500 composite&#39;s -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.</li>
<li><a href="https://www.zacks.com/stock/news/2309202/compared-to-estimates-ryder-r-q2-earnings-a-look-at-key-metrics?cid=CS-BENZ-FT-fundamental_analysis|nfm-2309202">To read this article on Zacks.com click here.</a></li>
</ul>

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Compared to Estimates, Ryder Q2 Earnings: A Look at Key Metrics

Olin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLN#NYSE">OLN</a>) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.71 by 12.68 percent. This is a 45.13 percent decrease over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $1.644 billion which missed the analyst consensus estimate of $1.709 billion by 3.81 percent. This is a 3.46 percent decrease over sales of $1.703 billion the same period last year.

Olin Q2 2024 GAAP EPS $0.62 Misses $0.71 Estimate, Sales $1.644B Miss $1.709B Estimate

Updated 2024 Market and Financial Guidance
"Amidst a dynamic market, we are now updating our full-year guidance to reflect our expectations for continued out-performance driven by our core businesses, with particular strength in our Outdoors segment and our Moen North America business, and our accelerating digital sales, which are offset by weaker China sales. Importantly, we are narrowing the range around our prior EPS before charges / gains mid-point due to expected growth in our core and digital businesses and strong margin performance," said Fortune Brands Chief Financial Officer David Barry. "As we position Fortune Brands for long-term shareholder value creation, we will continue to prioritize above-market sales growth opportunities, margin expansion and cash generation, while continuing to effectively manage costs and invest in a strategic set of key priorities."
Updated 2024 Full-Year Guidance
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Initial 2024 Full-Year Guidance</td>
<td colspan="1" rowspan="1">Updated 2024 Full-Year Guidance</td>
</tr>
<tr>
<td colspan="1" rowspan="1">MARKET</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Global market</td>
<td colspan="1" rowspan="1">-3% to flat</td>
<td colspan="1" rowspan="1">-3% to -1%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. market</td>
<td colspan="1" rowspan="1">-2% to flat</td>
<td colspan="1" rowspan="1">-1% to flat</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. R&amp;R</td>
<td colspan="1" rowspan="1">-4% to -2%</td>
<td colspan="1" rowspan="1">-4% to -3%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">U.S. SFNC</td>
<td colspan="1" rowspan="1">5% to 7%</td>
<td colspan="1" rowspan="1">8% to 10%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">China market</td>
<td colspan="1" rowspan="1">-9% to -7%</td>
<td colspan="1" rowspan="1">-20% to -15%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">TOTAL COMPANY FINANCIAL METRICS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net sales</td>
<td colspan="1" rowspan="1">3.5% to 5.5%</td>
<td colspan="1" rowspan="1">2.5% to 4.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net sales [organic]</td>
<td colspan="1" rowspan="1">-1% to 1%</td>
<td colspan="1" rowspan="1">-2% to flat</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating margin before charges / gains</td>
<td colspan="1" rowspan="1">16.5% to 17.5%</td>
<td colspan="1" rowspan="1">17.0% to 17.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">EPS before charges / gains</td>
<td colspan="1" rowspan="1">$4.20 to $4.40</td>
<td colspan="1" rowspan="1">$4.25 to $4.35</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash flow from operations</td>
<td colspan="1" rowspan="1">Around $720 million</td>
<td colspan="1" rowspan="1">Around $700 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Free cash flow</td>
<td colspan="1" rowspan="1">Around $520 million</td>
<td colspan="1" rowspan="1">Around $500 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cash conversion</td>
<td colspan="1" rowspan="1">Around 100%</td>
<td colspan="1" rowspan="1">Around 100%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">SEGMENT FINANCIAL METRICS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations net sales</td>
<td colspan="1" rowspan="1">3% to 5%</td>
<td colspan="1" rowspan="1">2.5% to 4.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations net sales [organic]</td>
<td colspan="1" rowspan="1">-2% to flat</td>
<td colspan="1" rowspan="1">-4% to -2%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Water Innovations operating margin before charges / gains</td>
<td colspan="1" rowspan="1">24% to 24.5%</td>
<td colspan="1" rowspan="1">Around 24%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Outdoors net sales</td>
<td colspan="1" rowspan="1">1% to 3%</td>
<td colspan="1" rowspan="1">2% to 4%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Outdoors operating margin before charges / gains</td>
<td colspan="1" rowspan="1">13.5% to 14.5%</td>
<td colspan="1" rowspan="1">14.5% to 15.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security net sales</td>
<td colspan="1" rowspan="1">10% to 12%</td>
<td colspan="1" rowspan="1">5% to 7%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security net sales [organic]</td>
<td colspan="1" rowspan="1">Flat to 2%</td>
<td colspan="1" rowspan="1">-3% to -1%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Security operating margin before charges / gains</td>
<td colspan="1" rowspan="1">15.5% to 16.5%</td>
<td colspan="1" rowspan="1">15.5% to 16.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">OTHER ITEMS</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Corporate expense</td>
<td colspan="1" rowspan="1">$140 million to $145 million</td>
<td colspan="1" rowspan="1">$143 million to $148 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Interest expense</td>
<td colspan="1" rowspan="1">$118 million to $120 million</td>
<td colspan="1" rowspan="1">$122 million to $124 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Other income / (expense)</td>
<td colspan="1" rowspan="1">Around $5 million</td>
<td colspan="1" rowspan="1">Around $5 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Tax rate</td>
<td colspan="1" rowspan="1">23.25% to 23.5%</td>
<td colspan="1" rowspan="1">23.25% to 23.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Share count</td>
<td colspan="1" rowspan="1">Around 127 million</td>
<td colspan="1" rowspan="1">Around 126 million</td>
</tr>
</tbody>
</table>
</figure>
For certain forward-looking non-GAAP measures (as used in this press release, operating margin before charges / gains on a full Company and segment basis, EPS before charges / gains and cash conversion), the Company is unable to provide a reconciliation to the most comparable GAAP financial measure because the information needed to reconcile these measures is unavailable due to the inherent difficulty of forecasting the timing and / or amount of various items that have not yet occurred, including the high variability and low visibility with respect to gains and losses associated with our defined benefit plans, which are excluded from EPS before charges / gains and cash conversion, and restructuring and other charges, which are excluded from operating margin before charges / gains, EPS before charges / gains and cash conversion. Additionally, estimating such GAAP measures and providing a meaningful reconciliation consistent with the Company's accounting policies for future periods requires a level of precision that is unavailable for these future periods and cannot be accomplished without unreasonable effort. Forward-looking non-GAAP measures are estimated consistent with the relevant definitions and assumptions.

FBIN

Fortune Brands Innovations Updates FY24 Net Sales Growth From 3.5%-5.5% To 2.5%-4.5%; EPS From $4.20-$4.40 To $4.25-$4.35 Vs $4.28 Est.

SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.20 by 5.83 percent. This is a 17.59 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $1.45 billion which beat the analyst consensus estimate of $1.43 billion by 1.40 percent. This is a 6.53 percent increase over sales of $1.36 billion the same period last year.

SSNC

SS&C Techs Hldgs Q2 2024 Adj EPS $1.27 Beats $1.20 Estimate, Sales $1.45B Beat $1.43B Estimate

Cryptocurrency markets are sliding, with Ethereum down 7% on the third day of <a href="https://www.msn.com/en-us/money/other/ethereum-etfs-are-live-heres-how-experts-assess-their-launch/ar-BB1quQif">spot Ethereum ETF trading</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>$64,713</td>
<td>-1.5%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)&nbsp;</td>
<td>$3,114.27&nbsp;&nbsp;</td>
<td>-3.5%</td>
</tr>
<tr>
<td>Solana&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>$167.81&nbsp;&nbsp;</td>
<td>-5.9%</td>
</tr>
<tr>
<td>Dogecoin&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>$0.1222</td>
<td>-5.9%</td>
</tr>
<tr>
<td>Shiba Inu&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>$0.00001604</td>
<td>-6%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume dropiping by 24.4%, while daily active addresses increased by 4.2%. However, exchange netflows plunged 826.3%.</li>
<li>Coinglass data shows long liquidations at $253.1 million, the highest since July 6. Bitcoin long liquidations ($70 million) peaked at their highest since July 8.</li>
<li>Whale Alert <a href="https://x.com/whale_alert/status/1816462070864285858">data</a> flagged a dormant address containing 750 BTC, worth $48 million, being activated after 11.2 years.</li>
<li>Bloomberg analyst Eric Balchunas <a href="https://x.com/EricBalchunas/status/1816555277900218600">reported</a> that the Jersey City Mayor is announcing that its pension is allocating Bitcoin ETFs.</li>
</ul>
Notable Developments:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39965137/bitcoin-could-reach-2-9m-by-2050-says-vaneck-heres-what-would-need-to-happen">Bitcoin Could Reach $2.9M By 2050, Says VanEck: Here&#8217;s What Would Need To Happen</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39952969/core-foundations-new-dual-staking-model-launched-to-boost-bitcoin-yields">Core Foundation&#8217;s New Dual Staking Model Launched To Boost Bitcoin Yields</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39958725/marathon-digital-buys-bitcoin-adopts-full-hodl-strategy-whats-going-on-with-the-mining-sto">Marathon Digital Buys Bitcoin, Adopts &#8216;Full HODL&#8217; Strategy: What&#8217;s Going On With The Mining Stock?</a></li>
<li><a href="https://www.benzinga.com/top-stories/24/07/39959562/tyler-winklevoss-kamala-harris-snubbing-bitcoin-conference-wont-be-forgotten-industry-will-show-no-m">Tyler Winklevoss: Kamala Harris Snubbing Bitcoin Conference Won&#8217;t Be Forgotten, Industry &#8216;Will Show No Mercy&#8217; In November</a></li>
</ul>
<h3 class="wp-block-heading">Top Losers:</h3>
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price</td>
<td>Gains +/–</td>
</tr>
<tr>
<td>Celestia (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TIA</a>)</td>
<td>$5.5</td>
<td>-12.8%</td>
</tr>
<tr>
<td>Fanthom (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftm/usd">FTM</a>)</td>
<td>$0.4221</td>
<td>-11%</td>
</tr>
<tr>
<td>Ronin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RON</a>)</td>
<td>$1.95</td>
<td>-10%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto trader Michaël van de Poppe noted that the markets are at the "close to the end of this mini-correction."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is approaching the must-hold area around $60.5-62K. I think we're close to the end of this mini-correction. <a href="https://t.co/GwG5ehgpK1">pic.twitter.com/GwG5ehgpK1</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1816548982455435547?ref_src=twsrc%5Etfw">July 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Rekt Capital <a href="https://x.com/rektcapital/status/1816494953125793989">sees</a> Bitcoin is in the process of retesting the $65,000 level in a volatile manner. He concluded that to make Bitcoin's retest successful, Bitcoin will have to see a daily close above $65,000 and keep the price in the $65,000-$71,500 region.
Crypto trader Emperor stated he is not interested in bidding altcoins until Bitcoin is showing strength. However, he concluded that any strength without a strong a catalyst will most probably be a "lag."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BITCOIN PRICE UPDATE 1. Almost at our level of support at $63,300. Still looks heavy and LTF longs are alright but we rejected from Range POC at $67,000 and heading lower. 2. I will consider longing on LTF sweeps of our level. Next area of interest is from $62,000-$60,000… <a href="https://t.co/ix2kH9yfGK">pic.twitter.com/ix2kH9yfGK</a>
&mdash; Emperor&#x1f451; (@EmperorBTC) <a href="https://twitter.com/EmperorBTC/status/1816445698080117059?ref_src=twsrc%5Etfw">July 25, 2024</a></blockquote>
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Investor and entrepreneur Ted <a href="https://x.com/TedPillows/status/1816540933422195079">sees</a> Bitcoin reflecting "incredible strength" and $180,000 is still the "cycle peak target for BTC." He marks, that Mt. Gox distribution is happening, and the U.S. stock market is dumping as some factors. He predicts that once the Fed rate cut is implemented in September, Bitcoin and crypto rallies will resume.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39968581/could-a-bitcoin-treasury-fix-the-us-national-debt-one-trader-details-how-bitcoin-fixes-thi">Could A Bitcoin Treasury Fix The US National Debt? One Trader Details How &#8216;Bitcoin Fixes This&#8217;</a></li>
</ul>
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Bitcoin, Ethereum, Dogecoin Feel The Pressure: $60.5K-$62K Is A 'Must-Hold,' But The End Of 'Mini-Correction' Is Drawing Near, Trader Says

Deckers Outdoor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) reported quarterly earnings of $4.52 per share which beat the analyst consensus estimate of $3.48 by 29.89 percent. The company reported quarterly sales of $825.00 million which beat the analyst consensus estimate of $807.94 million by 2.11 percent. This is a 199.14 percent increase over sales of $275.79 million the same period last year.

Deckers Outdoor Q1 2025 Adj EPS $4.52 Beats $3.48 Estimate, Sales $825.00M Beat $807.94M Estimate

Edison Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIX#NYSE">EIX</a>) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $1.06 by 16.04 percent. The company reported quarterly sales of $4.336 billion which beat the analyst consensus estimate of $4.097 billion by 5.83 percent. This is a 9.38 percent increase over sales of $3.964 billion the same period last year.

Edison Intl Q2 2024 Adj EPS $1.23 Beats $1.06 Estimate, Sales $4.336B Beat $4.097B Estimate

After the closing bell on Jul 24, International Business Machines (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ibm#NYSE">IBM</a>) reported strong second-quarter 2024 results. It beat estimates for earnings and revenues, citing rising customer demand for new AI projects. IBM shares spiked 4% in aftermarket hours.
Investors seeking to tap the strength could consider ETFs having the highest allocation to this tech giant. These funds are First Trust NASDAQ Technology Dividend Index Fund (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tdiv#NASDAQ">TDIV</a>), FT Cboe Vest Technology Dividend Target Income ETF, FT Cboe Vest DJIA Dogs 10 Target Income ETF (BATS: <a class="ticker" href="https://www.benzinga.com/stock/dogg#BATS">DOGG</a>), Invesco Dow Jones Industrial Average Dividend ETF (ARCA:DJD) and Morningstar Dividend Leaders Index Fund (ARCA:FDL).
IBM&#39;s second-quarter earnings per share came in at $2.43, surpassing the Zacks Consensus Estimate of $2.16 and improving from the year-ago earnings of $2.18. Revenues grew 2% year over year to $15.8 billion and edged past the consensus estimate of $15.6 billion.
Consulting revenues dipped 1% in the quarter, while software revenues grew 7% from the year-ago levels. IBM is capitalizing on the growing demand for AI integration. The company&#39;s book of business for generative AI has grown to more than $2 billion since the launch of watsonx one year ago.
IBM reaffirmed its full-year guidance for mid-single-digit revenue growth for 2024.
The 113-year-old company expects software revenues to grow at a high-single-digit percentage in 2024, above the previous forecast of the high end of mid-single-digit percentage. The higher forecast came on the back of higher AI-linked spending by clients looking to adopt the technology. However, IBM lowered its consulting revenue growth projections to low single-digit percentages for 2024 from 6%-8%.
<h3>ETFs in Focus</h3>
First Trust NASDAQ Technology Dividend Index Fund
First Trust NASDAQ Technology Dividend Index Fund provides exposure to dividend payers within the technology and telecommunication sector by tracking the Nasdaq Technology Dividend Index. It charges 50 bps in annual fees and holds about 87 securities in its basket. Of these firms, IBM takes the third spot, making up 8.5% of the assets.
First Trust NASDAQ Technology Dividend Index Fund has amassed $2.7 billion in its asset base while trading in a volume of around 91,000 shares per day.&nbsp;
FT Cboe Vest Technology Dividend Target Income ETF
FT Cboe Vest Technology Dividend Target Income ETF is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying U.S. technology companies. The fund utilizes a call-writing option strategy on the Nasdaq 100 Index and/or the S&amp;P 500 Index or related ETFs. It holds 87 securities in its basket, with IBM taking the third spot at 8.4% share.
FT Cboe Vest Technology Dividend Target Income ETF has accumulated $30.7 million in its asset base and trades in a volume of 9,000 shares per day on average. It charges 75 bps in annual fees.
FT Cboe Vest DJIA Dogs 10 Target Income ETF
FT Cboe Vest DJIA Dogs 10 Target Income ETF seeks to provide current income with a secondary objective of providing capital appreciation. It provides exposure to the &quot;Dogs of the Dow&quot; the 10 highest dividend-yielding stocks in the Dow Jones Industrial Average on an annual basis. DOGG holds 41 stocks in its basket, with IBM occupying the second position at 6% share.
FT Cboe Vest DJIA Dogs 10 Target Income ETF has accumulated $34.1 million in its asset base and trades in a volume of 11,000 shares. It charges 75 bps in fees and expenses.&nbsp;
Invesco Dow Jones Industrial Average Dividend ETF
Invesco Dow Jones Industrial Average Dividend ETF offers exposure to dividend-paying companies included in the Dow Jones Industrial Average by their 12-month dividend yield over the prior 12 months. It holds 29 stocks in its basket, with IBM occupying the eighth position, accounting for 4.7%.
Invesco Dow Jones Industrial Average Dividend ETF has managed assets worth $298.8 million while trading in a volume of 21,000 shares a day on average. It charges 7 bps in annual fees and has a Zacks ETF Rank #3 (Hold).
First Trust Morningstar Dividend Leaders Index Fund
First Trust Morningstar Dividend Leaders Index Fund offers exposure to stocks that have shown the highest dividend consistency and dividend sustainability by tracking the Morningstar Dividend Leaders Index. It holds 100 stocks in its basket, with IBM taking the seventh spot at 4.6% share.
With AUM of $4 billion, First Trust Morningstar Dividend Leaders Index Fund charges 45 bps in annual fees from investors and trades in a solid volume of about 449,000 shares a day. It has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.
<a href="https://www.zacks.com/stock/news/2309191/ibm-beats-q2-earnings-on-ai-growth-etfs-to-buy?cid=CS-BENZ-FT-etf_news_and_commentary-2309191">To read this article on Zacks.com click here.</a>

ETFs

DOGG

First Trust Morningstar Dividend Leaders Index Fund

TDIV

IBM Beats Q2 Earnings on AI Growth: ETFs to Buy

VitalHub&nbsp; reports Q2 results

VitalHub&nbsp; reports Q3 results

Donville Kent Asset Management October 2023 Insights

VitalHub buys BookWise Solutions for £3.12M

VitalHub&nbsp; reports Q4 results

VitalHub reports Q1 results

Donville Kent Asset Management April 2024 Insights

Vitalhub: Healthcare Software With Recurring Revenue And High Margins

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Press Releases

General

VitalHub UK Expands Healthtech Portfolio into Middle East through a Partnership with ADHDS

VitalHub Announces Q4 2023 Conference Call Date

VitalHub Corp. Reports Fourth Quarter and Year-End 2023 Results

Management

VitalHub Announces Strategic Leadership Appointments to Drive Continued Growth and Operational Excellence

VitalHub Announces Q1 2024 Conference Call Date

VitalHub Corp. Reports First Quarter 2024 Financial Results

VitalHub Announces New Partnership with one of Toronto's largest Child, Youth and Family Community Support Providers - Lumenus Community Services has licensed TREAT as their Integrated Electronic Health Record and Care Coordination solution for the future

VitalHub Corp. Announces Acquisition of Premier I.T. Partnership Limited

VitalHub Corp. Announces Results of Annual General and Special Meeting of Shareholders

VitalHub Announces Q2 2024 Conference Call Date

Vitalhub

VitalHub Corp.&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/VHI#TSX">VHI</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VHIBF#OTC">VHIBF</a>) announced that<a class="editor-rtfLink" href="https://stockhouse.com/news/press-releases/2022/06/06/vitalhub-signs-multi-year-licensing-agreement-to-provide-an-electronic-medical" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;TREAT has been licensed for an initial six-year contract</a>&nbsp;term, with an option to extend for four additional years, to track the essential medical information needed to effectively treat inmates in provincially-run adult correctional institutions across Ontario.

The six-year contract value comprises recurring license revenue and professional services delivered over six years, totaling ~C$9 million in the initial term.

Once deployed provincially, VitalHub&#39;s TREAT Electronic Health Record will provide caregivers with accurate, up-to-date, standardized, and secure health information records.

&quot;The TREAT solution continues to gain momentum as the leading EHR for health and human services providers in Canada. This agreement represents the second provincewide partnership that our team has earned the right to support in Canada and represents another very significant milestone for VitalHub,&quot; commented Niels Tofting, EVP, Business Development &amp; Marketing.

Price Action:&nbsp;VHI shares are trading higher by 2.69% at C$3.05 on TSX on the last check Monday.

Photo Via Company

<ul>
	<li>VitalHub Corp&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/VHI#TSX">VHI</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VHIBF#OTC">VHIBF</a>) has&nbsp;<a class="editor-rtfLink" href="https://www.vitalhub.com/new-announcements/vitalhub-corp-announces-acquisition-of-hicom-technology-limited" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">acquired Hicom Technology Limited</a>, a company incorporated and registered in England and Wales.</li>
	<li>Hicom was acquired via a share acquisition by Vitalhub&#39;s subsidiary, VitalHub UK Limited, for &pound;8.7 million.</li>
	<li>The purchase was composed of a cash payment of &pound;7.825 million and the issuance of 475,104 shares of VitalHub to the shareholders of Hicom, priced at $3.016 per VitalHub share.</li>
	<li>For the 12 months ending March 31, 2022, Hicom has estimated revenue of ~&pound;5.35M, of which Hicom has identified &pound;4.2M to be recurring in nature with Adjusted EBITDA of ~&pound;1.05M.</li>
	<li>Dan Matlow, the VitalHub CEO, commented, &quot;With this acquisition, Hicom brings the expansion of VitalHub&#39;s existing customer base with the addition of 200 customers on an international basis and introduces six new solutions with potential for cross-selling into our existing base.&quot;</li>
	<li>Price Action:&nbsp;VHI shares are trading higher by 1.02% at C$2.98 on TSX on the last check Monday.</li>
</ul>

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