SpaceX On Par With Intel, Disney; US Weight Loss Drugs Pricier; Moderna, Pfizer's Shot Effective Against New Variant: Today's Top Stories
Portfolio Pulse from Vandana Singh
Moderna and Pfizer's updated COVID-19 vaccines show effectiveness against new variants. Novartis plans to spin off its Sandoz unit in October. Amazon is bolstering its social commerce capabilities. Instacart is reportedly preparing for an IPO. Honest Company is relying on Walmart to boost its financials. SpaceX's valuation is on par with Intel and Disney. YELLOW Corp received a $1.3 billion acquisition offer. Microsoft is selling a new version of Databricks software. XPeng, Estee Lauder, Deere & Co, and Buckle Inc reported their earnings.

August 18, 2023 | 2:20 pm
News sentiment analysis
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NEGATIVE IMPACT
Buckle Inc reported a second-quarter FY23 sales decrease of 3.2% year-on-year.
Buckle Inc's second-quarter FY23 sales decrease could lower its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
XPeng reported a second-quarter FY23 sales decline of 31.9% year-on-year.
XPeng's second-quarter FY23 sales decline could lower its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
SpaceX's valuation is on par with Disney.
SpaceX's valuation being on par with Disney could have a neutral impact on Disney's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Estee Lauder reported fourth-quarter FY23 sales growth of 1% year-on-year.
Estee Lauder's fourth-quarter FY23 sales growth could have a neutral impact on its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Honest Company is relying on Walmart to boost its financials.
Honest Company's reliance on Walmart to boost its financials could have a neutral impact on its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
SpaceX's valuation is on par with Intel.
SpaceX's valuation being on par with Intel could have a neutral impact on Intel's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Novartis plans to spin off its Sandoz unit in October.
The planned spin-off of Novartis' Sandoz unit could have a neutral impact on its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Amazon is bolstering its social commerce capabilities.
Amazon's efforts to bolster its social commerce capabilities could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Deere & Co reported Q3 FY23 net sales and revenue growth of 12% Y/Y.
Deere & Co's Q3 FY23 net sales and revenue growth could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Moderna's updated COVID-19 vaccine shows effectiveness against new variants.
The effectiveness of Moderna's updated COVID-19 vaccine against new variants could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Microsoft is selling a new version of Databricks software.
Microsoft's sale of a new version of Databricks software could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Pfizer's updated COVID-19 vaccine shows effectiveness against new variants.
The effectiveness of Pfizer's updated COVID-19 vaccine against new variants could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
YELLOW Corp received a $1.3 billion acquisition offer.
The $1.3 billion acquisition offer for YELLOW Corp could boost its stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100