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AMZN

Amazon.com Inc (NASDAQ:AMZN) announced record-breaking sales for its 2024 Prime Day event, with more items sold than in any prior years. A record number of customers signed up for Prime, and independent sellers sold over 200 million items. Amazon's new AI-powered shopping assistant Rufus and the Amazon Inspire shopping experience contributed to the success. The company is expected to report Q2 earnings of $1.02 per share and revenue of $148.495 billion in two weeks.

Portfolio Pulse from Adam Eckert

July 18, 2024 | 2:53 pm

AXP

American Express Co (NYSE:AXP) is set to report its Q2 earnings, with Wall Street expecting $3.25 in EPS and $16.6 billion in revenues. The stock has surged 42.52% over the past year, driven by targeting Millennials and Gen Z, digital transformation, strong financial performance, record new card acquisitions, and increased travel demand. Analysts will focus on revenue, earnings growth, new card acquisitions, digital initiatives, and travel spending. Technical indicators suggest a bullish trend, although the RSI indicates the stock is overbought.

Portfolio Pulse from Surbhi Jain

July 18, 2024 | 2:52 pm

UAL

United Airlines executives are optimistic about yield improvements in the second half of Q3 and expect 66 aircraft deliveries in 2024.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:51 pm

PENN

Penn Entertainment has laid off approximately 100 employees as it shifts its focus towards the growth of ESPNBet. This strategic move is aimed at bolstering its position in the sports betting market.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:49 pm

MSFT

OpenAI has announced the release of GPT-4O Mini, a new text and vision model, available through Assistants API, Chat Completions API, and Batch API.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:36 pm

SQ

Jack Dorsey's Block Inc. plans to shut down its Cash App platform in the UK, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:28 pm

BTI

R.J. Reynolds has received FDA marketing approval for 7 Vuse e-cigarettes, a significant regulatory milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:26 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for July 18th, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish scenarios for each asset based on proprietary formulas considering price, volume, and options flow. Additionally, it highlights the importance of monitoring jobless claims and a 10-Year TIPS auction for market sentiment.

Portfolio Pulse from RIPS

July 18, 2024 | 2:17 pm

FSLR

First Solar shares are trading higher after the company announced the commissioning of a new research and development innovation center in Lake Township, Ohio.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:13 pm

JSDA

Jones Soda Co. (OTCQB: JSDA) has increased its private placement to $5 million, issuing up to 12,500,000 units at $0.40 per unit. Each unit includes one common share and one-half of a detachable share purchase warrant, exercisable at $0.50 per share for 24 months. The proceeds will support growth and general corporate purposes.

Portfolio Pulse from Jelena Martinovic

July 18, 2024 | 2:11 pm