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AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for July 25th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key support and resistance levels for each asset, offering potential bullish and bearish targets. The session's direction will be influenced by premarket economic data releases, including GDP, jobless claims, and inflation indicators.

Portfolio Pulse from RIPS

July 25, 2024 | 2:15 pm

WDAY

Workday, Inc. (NASDAQ:WDAY) and Kainos Group plc have expanded their strategic partnership to develop and distribute purpose-built apps for Workday customers through the Built on Workday platform. This initiative aims to accelerate and scale app development to address evolving business challenges.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:15 pm

IMAX

Imax Corp (NYSE:IMAX) reported strong Q2 financial results, significantly beating analyst estimates for both EPS and sales. The company saw a 12% increase in Content Solutions revenues and a 20% increase in system installations. Imax raised its system installation guidance for 2024, leading to a 9.62% rise in its stock price.

Portfolio Pulse from Anusuya Lahiri

July 25, 2024 | 2:11 pm

BOSC

ISRA

BOS Better Online Solutions' Intelligent Robotics Division has successfully installed robotic palletizing cells for industrial and retail customers in Israel.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:06 pm

TSLA

Tesla's stock dropped 12% after disappointing Q2 earnings, with revenue and profit margins declining. The company faces increased competition and market share loss, despite being the leading EV seller in the U.S. CEO Elon Musk's controversial comments and ambitious future plans add to investor concerns.

Portfolio Pulse from Zaheer Anwari

July 25, 2024 | 2:05 pm

AMD

GOOG

INTC

NVDA

TSLA

AMD has delayed the launch of its Zen 5 desktop processors due to quality checks, with new dates set for August. The delay comes amid Intel's stability issues with its processors and a broader semiconductor sector selloff due to U.S.-China tensions. AMD's stock fell 2.32% following the news.

Portfolio Pulse from Anusuya Lahiri

July 25, 2024 | 1:59 pm

MAPS

Weedmaps (NASDAQ:MAPS) has partnered with NuggMD to launch a pilot program aimed at streamlining medical cannabis education and application processes. The program is initially active in Florida, Oklahoma, Pennsylvania, West Virginia, and Louisiana. This collaboration aims to improve patient access to medical cannabis through telehealth services and educational resources.

Portfolio Pulse from Juan Spínelli

July 25, 2024 | 1:51 pm

IDRV

LCID

RNEW

Lucid Group, Inc. (NASDAQ:LCID) shares are trading slightly higher today. The company has entered a non-binding supply agreement with Graphite One Inc. (OTC:GPHOF) for advanced graphite materials, aiming to establish a domestic U.S. supply chain. Lucid's stock has lost over 52% in the past year. Investors can gain exposure to Lucid via IShares Self-Driving EV And Tech ETFs (NYSE:IDRV, NASDAQ:RNEW).

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2024 | 1:39 pm

ABBV

AbbVie has announced the discontinuation of further development of its experimental Alzheimer's drug, ABBV-916, as a standalone antibody. This decision was revealed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:37 pm

TOPS

TOP Ships has announced 7-year charter extensions for its vessels M/T Eco Yosemite Park and M/T Eco Joshua Park at a new daily hire rate of $19,500, effective August 1, 2024. The extensions are expected to generate $100 million in revenue over the firm period.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:36 pm