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The article discusses the recent outperformance of the iShares Russell 2000 ETF (IWM) compared to the 'Magnificent Seven' stocks, driven by factors such as hedge fund short squeezes, favorable policies from Trump, and potential interest rate cuts. It also highlights Trump's proposal for a national strategic bitcoin reserve, which has boosted Bitcoin's price. The article advises caution with small caps due to upcoming earnings reports and suggests maintaining a balanced investment strategy.

Portfolio Pulse from The Arora Report

July 29, 2024 | 4:59 pm

Ford Motor Co (NYSE:F) shares are trading lower by 1.79% to $10.99 and have dropped 21% over the last five sessions after reporting a second-quarter EPS miss. The company reported an EPS of 47 cents, missing the Street consensus of 68 cents. The Ford Model e segment reported a substantial operating loss of $1.14 billion due to industrywide pricing pressure and lower wholesales.

Portfolio Pulse from Henry Khederian

July 29, 2024 | 4:57 pm

Deep-pocketed investors are showing a bullish sentiment towards Citigroup (NYSE:C) with significant options activity. Benzinga's options scanner highlighted 21 extraordinary options activities, with 71% leaning bullish. The predicted price range for Citigroup is between $40.0 and $70.0. Analysts have mixed ratings, with a consensus target price of $70.6.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 4:45 pm

CARR

Carrier Global Corp (NYSE:CARR) saw its shares rise after exceeding Q2 earnings expectations. Despite weaker Viessmann results, the company plans a $1 billion share repurchase in late 2024. Analyst Andrew Obin upgraded CARR from Underperform to Neutral and raised the price target from $55 to $72.

Portfolio Pulse from Priya Nigam

July 29, 2024 | 4:42 pm

MMM

3M's new CEO Bill Brown has sparked confidence in the company's turnaround, but significant challenges remain, including multi-billion dollar PFAS liabilities. RBC Capital Markets analyst Deane Dray reiterated an Underperform rating on 3M, raising the price target to $95. Other analysts from BofA Securities and Barclays have maintained Buy and Overweight ratings, respectively, with higher price targets. Despite positive momentum, 3M's operational shakeup could be disruptive.

Portfolio Pulse from Shivani Kumaresan

July 29, 2024 | 4:41 pm

SCHW

Charles Schwab's stock dropped after analysts downgraded their forecasts following the company's Q2 results. The shift to a less capital-intensive model adds near-term uncertainty, and the company has not provided details on the timing or financial impact of its plans. Piper Sandler downgraded the stock from Overweight to Neutral and reduced the price target from $80 to $64.

Portfolio Pulse from Priya Nigam

July 29, 2024 | 4:40 pm

GOOG

GOOGL

MSFT

Alphabet's Q2 earnings surpassed estimates due to strong Search ads and cloud growth, but YouTube ad revenue fell short. Rising AI investments are squeezing margins. Microsoft-backed OpenAI's new search engine could challenge Google's dominance, causing Alphabet shares to drop over 3%.

Portfolio Pulse from Upwallstreet

July 29, 2024 | 4:34 pm

CRWD

PANW

Jim Cramer and multiple analysts believe CrowdStrike Holdings Inc (CRWD) has found a bottom after a significant selloff due to a global IT outage. Cramer expects the stock to rise and highlighted positive analyst commentary. He also mentioned SentinelOne Inc (S) and Palo Alto Networks Inc (PANW) but does not foresee a major market share shift.

Portfolio Pulse from Adam Eckert

July 29, 2024 | 4:14 pm

ACB

Aurora Cannabis Inc. (NASDAQ:ACB) will report its Q1 2025 earnings on August 7, 2024. The company recently received two licenses in Germany for domestic cultivation under the new Medical Cannabis Act. Analyst Pablo Zuanic emphasized the need for Aurora to prove its growth strategies in a competitive market. Aurora aims for a 10% market share in the international medical marijuana market, potentially increasing its sales to CA$700 million.

Portfolio Pulse from Jelena Martinovic

July 29, 2024 | 4:04 pm

CGTX

LIPO

NLSP

VERO

VTVT

VTYX

U.S. stocks traded mostly higher on Monday, with the Nasdaq Composite gaining 0.4%. ON Semiconductor reported better-than-expected Q2 results. Shares of NLS Pharmaceutics surged 54% following a merger announcement. Lipella Pharmaceuticals and Venus Concept also saw significant gains. Meanwhile, vTv Therapeutics, Cognition Therapeutics, and Ventyx Biosciences experienced notable declines.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 4:03 pm