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BA

Boeing shares are trading higher after Qatar Airways announced an order for 20 more Boeing 777-9 Passenger Jets. Additionally, Macquarie AirFrance ordered 20 Boeing 737-8 MAX jets.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:18 pm

FTXR

GM

RPV

General Motors (GM) shares are trading lower after reporting strong Q2 financial results but announcing delays in its EV projects. Despite losses in China, GM's strong U.S. market performance supports overall profitability. GM Defense Canada secured a C$35.8 million contract with the Canadian Armed Forces. GM stock has gained over 18% in the past year, and investors can gain exposure via FTXR and RPV ETFs.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 5:17 pm

AMD

INTC

AMD's President Victor Peng will retire in August 2024, with Vamsi Boppana stepping up to lead the AI strategy. Peng played a key role in AMD's AI and embedded business growth. AMD and Intel are competing in the AI PC market, with Intel currently leading in CPU benchmarks.

Portfolio Pulse from Anusuya Lahiri

July 23, 2024 | 5:11 pm

IYG

V

XLF

Visa Inc. (NYSE:V) has successfully thwarted $40 billion in fraudulent transactions last year, thanks to significant investments in AI and technology. By 2025, cybercrime is projected to cost $10.5 trillion, making it the world's third-largest economy. Visa has invested over $10 billion in technology over the past five years to combat this threat. V stock has gained over 9% in the past year, and investors can also gain exposure through IShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund – Financial (NYSE:XLF).

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 5:04 pm

AZTR

Azitra, Inc. (AMEX:AZTR) shares surged 389% after the U.S. Patent and Trademark Office granted a patent for its filaggrin-secreting strain of Staphylococcus epidermidis for treating atopic dermatitis. This patent aims to address diseases associated with filaggrin deficiency, affecting approximately 16.5 million people in the U.S.

Portfolio Pulse from Dylan Berman

July 23, 2024 | 4:52 pm

ERJ

Embraer has announced the sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force, with deliveries set to begin in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:48 pm

BA

ITA

PPA

Boeing (NYSE: BA) shares are trading higher after announcing significant new orders, including 20 additional 777-9 planes from Qatar Airways and 20 737-8s from Macquarie AirFinance. Boeing also forecasts a 3% increase in airplane deliveries over the next 20 years. The stock has lost around 14% in the last 12 months but is seeing a positive short-term impact from these announcements.

Portfolio Pulse from Lekha Gupta

July 23, 2024 | 4:44 pm

NXPI

TXN

Texas Instruments (TXN) shares are down 2.9% ahead of its second-quarter earnings report, expected to show EPS of $1.17 on $3.82 billion in revenue. The decline is also influenced by NXP Semiconductors' (NXPI) mixed results and soft guidance, which may indicate broader issues in the semiconductor sector.

Portfolio Pulse from Henry Khederian

July 23, 2024 | 4:43 pm

JAGX

Jaguar Health, Inc. (NASDAQ:JAGX) shares are plummeting after the company announced that its phase 3 OnTarget trial for crofelemer did not meet its primary endpoint. The trial aimed to address diarrhea in cancer patients undergoing therapy but failed due to the heterogeneous nature of the patients. Despite this, some benefits were observed in patients with breast and respiratory cancers. The stock is experiencing heavy trading volume, with shares down 56.2% at $1.87.

Portfolio Pulse from Erica Kollmann

July 23, 2024 | 4:39 pm

TCNNF

New cannabis dispensaries are opening across the U.S., including Trulieve's new store in Pennsylvania, Dark Horse Cannabis's headquarters in Arkansas, Bloom Montana's new location in Bozeman, and Snoop Dogg's first licensed store near LAX. Trulieve is expanding its footprint in Pennsylvania, potentially positioning itself for recreational legalization.

Portfolio Pulse from Jelena Martinovic

July 23, 2024 | 4:39 pm