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COSM

Cosmos Health's subsidiary Decahedron has successfully submitted a tender to supply NHS Scotland with C-Scrub Wash Chlorhexidine 4%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:48 pm

ABT

Whales have shown a bullish stance on Abbott Laboratories (NYSE: ABT) with significant options trading activity. 37% of trades were bullish and 37% bearish, with a price target range of $105 to $130. The stock is currently priced at $106.52, down 0.69%, and analysts have an average target price of $120.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 6:47 pm

DIS

FOX

FOXA

WBD

Fox Corporation (NASDAQ:FOX, NASDAQ:FOXA) is proposing a third presidential debate for the 2024 election between Donald Trump and Kamala Harris. This could boost Fox's viewership and advertising revenue. The first debate was watched by over 47 million viewers, with Fox News leading in viewership. The second debate is to be hosted by ABC News, owned by Walt Disney Co (NYSE:DIS).

Portfolio Pulse from Chris Katje

July 25, 2024 | 6:38 pm

Edwards Lifesciences Corp (NYSE:EW) reported Q2 adjusted EPS of $0.70, beating estimates, but sales of $1.632 billion missed expectations. TAVR sales grew 5%, but U.S. growth was below expectations due to hospital workflow pressures. The company announced acquisitions of JenaValve Technology and Endotronix, with minimal revenue contribution expected in 2025. Guidance for TAVR sales growth was lowered, and EW stock fell 28.7%. William Blair maintains an Outperform rating.

Portfolio Pulse from Vandana Singh

July 25, 2024 | 6:36 pm

BAYRY

BAYZF

An Australian judge dismissed a class action lawsuit alleging Bayer's Roundup weedkiller causes blood cancer, marking a significant victory for Bayer. The ruling supports Bayer's stance on the safety of its glyphosate-based products. Despite this win, Bayer still faces over 50,000 claims in the U.S.

Portfolio Pulse from Vandana Singh

July 25, 2024 | 6:35 pm

IGV

ORCL

TRFK

Oracle Corporation (NYSE:ORCL) shares are trading higher after the company inked deals with Rai Way and Salam to implement AI systems and support digital transformation, respectively. Oracle also unveiled Exadata Exascale, enhancing performance for Oracle Database workloads. ORCL stock has gained around 19% in the last 12 months.

Portfolio Pulse from Lekha Gupta

July 25, 2024 | 6:34 pm

GOOG

GOOGL

Google shares are trading lower following a report that OpenAI is planning to launch 'SearchGPT,' a new search engine product.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:30 pm

BIP

TRTN

Container shipping rates have risen significantly as shippers prepare for the peak holiday season. The cost of leasing a 40-foot container from China to the U.S. West Coast has increased notably from June to July. This surge is driven by large retailers managing inventories preemptively, raising concerns about the strength of underlying demand. Triton International Ltd. and Brookfield Infrastructure Partners are directly impacted by these changes.

Portfolio Pulse from Michael Juliano

July 25, 2024 | 6:25 pm

MRVL

Marvell Technology, Inc. (NASDAQ:MRVL) shares are trading higher after announcing the Teralynx 10 Ethernet switch device is in volume production. The switch is noted for its low power, low latency, and high bandwidth, making it suitable for AI deployments. Marvell shares had previously fallen due to a broader market decline but are now trading above their 50-day moving average. Analysts have a bullish outlook on the stock with an average 1-year price target of $88.80.

Portfolio Pulse from Erica Kollmann

July 25, 2024 | 6:22 pm

NOW

NVDA

ServiceNow Inc (NYSE:NOW) shares surged after the company beat Q2 earnings estimates. CEO Bill McDermott highlighted the company's strong performance and its exclusive enterprise AI platform, powered by NVIDIA Corp (NASDAQ:NVDA). ServiceNow's revenue grew 22%, and remaining performance obligations increased by 31%. The company's Now Assist business doubled quarter-over-quarter, driven by Gen AI. The partnership with NVIDIA has been crucial in building ServiceNow's AI stack, enhancing productivity and customer satisfaction.

Portfolio Pulse from Adam Eckert

July 25, 2024 | 6:20 pm