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GOOG

GOOGL

VZ

Verizon Communications Inc (VZ) and the National Football League (NFL) have partnered to offer a 40% discount on an NFL+ Premium annual subscription through +play. This offer is in addition to Verizon's exclusive 'on us' offer for NFL Sunday Ticket from Alphabet Inc's (GOOG, GOOGL) YouTube and YouTube TV. VZ shares traded lower by 1.17% at $34.46 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 5:00 pm

TSLA

Tesla Inc's shares are trading higher after the company reported a 9.4% year-over-year increase in China sales in August, with a month-over-month rise of 30.92%. China's large automobile market and supportive regulatory environment for electric vehicles have benefited Tesla's sales and manufacturing operations.

Portfolio Pulse from Henry Khederian

September 05, 2023 | 4:57 pm

AAPL

Apple Inc.'s stock (AAPL) is experiencing upward momentum, with shares up more than 5% over the last five days. The stock is moving on above-average volume, with over 25 million shares traded in the session. Apple is expected to announce the release date of its iPhone 15 and other updates during its Apple Event on Sept 12.

Portfolio Pulse from Erica Kollmann

September 05, 2023 | 4:55 pm

AB

AllianceBernstein Holding LP (NYSE:AB) shares are climbing after a long Labor Day weekend. BofA Securities analyst Craig Siegenthaler upgraded the rating for AllianceBernstein from Neutral to Buy, raising the price target from $36 to $47. The upgrade is due to the potential for a net flow reacceleration driven by large fixed-income reallocations in 2024 and savings led by cost-cutting through 2025.

Portfolio Pulse from Priya Nigam

September 05, 2023 | 4:50 pm

DWAC

Digital World Acquisition Corp. (NASDAQ:DWAC) has scheduled a shareholder meeting to extend the merger deadline with Trump Media and Technology Group (TMTG) by a year. The company needs shareholder approval to avoid dissolution under its articles of incorporation if the merger is not completed by Sept. 8. DWAC shares are trading higher on heavy volume, with more than 1.65 million shares traded in the session.

Portfolio Pulse from Erica Kollmann

September 05, 2023 | 4:48 pm

GME

GameStop Corp (NYSE:GME) is set to report its Q2 financial results. Analysts expect a revenue of $1.14 billion and a loss of 14 cents per share. The company has missed revenue estimates in three of the last four quarters and earnings per share estimates in six of the last eight quarters. Wedbush analyst Michael Pachter predicts more downside for the company, citing underwhelming Microsoft hardware sales and other factors. The company has also seen several personnel changes in 2023, including the resignation of CEO Matt Furlong and CFO Diana Saadeh-Jajeh.

Portfolio Pulse from Chris Katje

September 05, 2023 | 4:46 pm

PEP

A significant bullish stance on PepsiCo (NASDAQ:PEP) has been observed through unusual options activity. The sentiment among these big-money traders is split between 53% bullish and 46% bearish. The whales have been targeting a price range from $135.0 to $190.0 for PepsiCo over the last 3 months. The current price of PEP is down -0.61% at $174.25. The next earnings are expected to be released in 36 days.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 4:46 pm

AAN

The Aaron's Company (AAN) shares are trading lower after the announcement that the company will be replaced in the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 4:44 pm

PFE

PYXS

SGEN

RBC Capital Markets has initiated coverage on Pyxis Oncology Inc with an Outperform rating and a price target of $7. Pyxis recently acquired Apexigen Inc., positioning it at the forefront of ADC innovation. The company's diverse oncology assets, including a proven ADC platform from Pfizer Inc and promising I/O assets, provide numerous prospects for stock appreciation. However, RBC recognizes the risks tied to novel targets, competition within the ADC domain, and potential toxicities. Pfizer recently agreed to acquire Seagen Inc, a player in the ADC space, in a $43 billion deal.

Portfolio Pulse from Vandana Singh

September 05, 2023 | 4:43 pm

A

ILMN

Illumina Inc (NASDAQ:ILMN) shares are trading lower after the company appointed Jacob Thaysen as its new CEO. Thaysen, who previously served as the president of Agilent Technologies Inc’s (NYSE:A) life sciences and applied markets group, will start in the role on September 25. The appointment comes three months after former CEO Francis deSouza resigned amid a proxy battle with activist investor Carl Icahn over Illumina's $7.1 billion acquisition of cancer test maker Grail.

Portfolio Pulse from Vandana Singh

September 05, 2023 | 4:37 pm