Morgan Stanley, Charles Schwab, Bank of America, And Other Big Stocks Moving Higher On Tuesday
Portfolio Pulse from Lisa Levin
Several US stocks traded higher on Tuesday, with the Dow Jones gaining over 200 points. Notable gainers include D-Wave Quantum Inc., Altice USA, Inc., Astronics Corporation, Eos Energy Enterprises, Inc., The Charles Schwab Corporation, PacWest Bancorp, Telephone and Data Systems, Inc., Microvast Holdings, Inc., Amarin Corporation plc, Mercantile Bank Corporation, Transocean Ltd., Nikola Corporation, XPO, Inc., Precigen, Inc., DISH Network Corporation, Morgan Stanley, and Bank of America Corporation. Many of these gains were driven by positive quarterly results, new contracts, and leadership changes.
July 18, 2023 | 2:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Altice USA, Inc. gained 13% after naming CEO Dennis Mathew as Chairman.
The appointment of a new Chairman, who is also the current CEO, likely boosted investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Bank of America Corporation rose 4.2% following strong second-quarter results.
The company's strong Q2 results likely drove the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Morgan Stanley rose 5.8% following better-than-expected quarterly results.
The company's strong quarterly results likely drove the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
D-Wave Quantum Inc. shares rose 15.1% after Benchmark maintained a Buy rating and raised its price target.
The positive rating and increased price target from Benchmark likely contributed to the stock's rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Charles Schwab Corporation rose 12.2% following better-than-expected second-quarter results.
The company's strong Q2 results likely drove the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100