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DHR

Danaher Corp (NYSE:DHR) reported a 3% year-over-year decrease in Q2 sales to $5.743 billion, beating the consensus estimate of $5.59 billion. Adjusted EPS was $1.72, surpassing the expected $1.57. The company highlighted positive momentum in its bioprocessing business and strong performance at Cepheid. Despite a decline in biotechnology and life sciences sales, diagnostic sales increased. Danaher maintained its guidance for fiscal year 2024, expecting a low-single-digit decline in non-GAAP core revenue and a 29% operating margin. DHR stock rose 7.20% to $268.96 following the announcement.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 1:59 pm

CMCSA

DIS

Disney shares are trading lower, potentially in sympathy with Comcast, which reported a decline in content and experiences revenue.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 1:55 pm

GOOS

Raymond James analyst Rick Patel has downgraded Canada Goose Holdings (NYSE:GOOS) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:51 pm

AZTR

Azitra shares resumed trading after a circuit breaker halt. The halt was triggered due to significant price movement.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:49 pm

BA

Qatar Airways has placed an order for 20 additional Boeing 777-9 jets, expanding its total 777X order to nearly 100 airplanes. This order was finalized this year and was previously listed as unidentified on Boeing's Orders & Deliveries website.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:48 pm

META

Wealthy investors have taken a bullish stance on Meta Platforms (NASDAQ:META), as observed through 11 uncommon options trades. The sentiment is split between 36% bullish and 36% bearish, with a focus on a price range between $490.0 and $510.0. The next earnings report is scheduled in 8 days.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm

SMCI

Financial giants have shown a bearish trend in options trading for Super Micro Computer (NASDAQ:SMCI), with 50% of trades being bearish. The stock is currently down 1.73% at $772.68. Analysts have mixed ratings, with price targets ranging from $325 to $930.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm

LLY

Financial giants have made notable bearish moves on Eli Lilly and Co (NYSE: LLY) through options trading. Analysis revealed 15 unusual trades, with 33% bearish and 26% bullish sentiment. The major market movers are focusing on a price range between $430.0 and $980.0. Current stock price is $869.85, up 0.45%. Analysts have mixed ratings with target prices ranging from $885 to $1025.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm

AMZN

CRWD

GOOG

GOOGL

MSFT

Wiz has decided to pursue an IPO instead of being acquired by Alphabet due to potential antitrust issues and investor concerns. This decision follows a recent outage in Microsoft systems caused by CrowdStrike. Analysts predict increased M&A activity in the cybersecurity sector, with companies like Microsoft, Google, and Amazon potentially looking to acquire cybersecurity firms.

Portfolio Pulse from Shanthi Rexaline

July 23, 2024 | 1:45 pm

HBT

HBT Financial, Inc. (NASDAQ:HBT) reported better-than-expected Q2 earnings of 57 cents per share, beating the consensus estimate of 56 cents per share. However, quarterly sales of $56.64 million missed the estimate of $57.01 million, marking a 3.65% decrease from the same period last year. Analysts have adjusted their price targets for HBT Financial following the results.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 1:44 pm