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Stock Prices

WMT

Walmart CEO, McMillon, has expressed optimism for the upcoming holiday season, citing strong back-to-school sales as a positive indicator.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:50 pm

AAPL

NVDA

PYPL

QQQ

SNOW

TSLA

UPS

WEN

WMT

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:48 pm

BILI

CVS

MOOD

Modular Medical partners with Phillips-Medisize to expand insulin delivery alternatives, causing a 45% increase in MOOD's stock. Bilibili's Q2 adjusted EPS of $(0.32) beats the $(0.35) estimate, and sales of $731.50M beat the $726.38M estimate, leading to a 7.8% increase in BILI's stock. Blue Shield of California collaborates with Amazon Pharmacy, Mark Cuban Cost Plus Drug Company, and others, with CVS Caremark providing specialty pharmacy services for members with complex conditions, causing an 8% decrease in CVS's stock.

Portfolio Pulse from ryanfaloona@benzinga.com

August 17, 2023 | 12:47 pm

FRBK

Republic First Bancorp, Inc. (NASDAQ:FRBK) has received a notice of non-compliance from Nasdaq due to the company's failure to timely file its Form 10-Q for the three months ended June 30, 2023. The Nasdaq Hearings Panel will consider this additional deficiency in its deliberations regarding the company's continued listing. The company plans to present its plan to file the Form 10-Q to the SEC to evidence full compliance.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:47 pm

AAPL

GOOG

QCOM

Smartphone prices are expected to rise due to increased costs of components and new features. Apple Inc. (AAPL) is expected to increase the price of its iPhone 15 Pro and Pro Max by $100-$200. Google's Pixel 8 series, under Alphabet Inc. (GOOG, GOOGL), is expected to start at a higher price point of $649, up from Pixel 7's $599. Samsung's Galaxy S24 series is also expected to get more expensive. The upcoming Qualcomm Inc. (QCOM) Snapdragon 8 Gen 3 chipset is rumored to be priced higher, which will directly impact upcoming Android flagship phones.

Portfolio Pulse from Rounak Jain

August 17, 2023 | 12:46 pm

CEI

Camber Energy, Inc. (NYSE:CEI) has been working with Shareholder Intelligence Services LLC to identify and combat potential short selling of the company's stock. After several months of analysis, reports suggest that organizations including Merrill Lynch, TD Ameritrade, Charles Schwab, ETrade, Apex, Wedbush, and National Financial Services have the largest trade imbalances regarding the trading of Camber's stock.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:43 pm

CHGG

Chegg Inc (NYSE:CHGG) shares are trading higher after the company increased its share buyback program by $200 million. The company had approximately $89 million remaining on the buyback before authorizing the additional $200 million. The repurchase program has no expiration date and the company plans to fund any repurchases with its existing cash balance and future cash flow from operations.

Portfolio Pulse from Adam Eckert

August 17, 2023 | 12:40 pm

AMZN

CNC

CVS

CVS Health Corp's shares are trading lower following reports that Blue Shield of California plans to drop CVS's Caremark as its pharmacy benefit manager. Blue Shield will begin working with Amazon.com Inc and Cost Plus Drug Company. This news comes after Centene Corp replaced CVS as its pharmacy benefit manager last year.

Portfolio Pulse from Adam Eckert

August 17, 2023 | 12:39 pm

CVS

CVS Health's shares are trading lower after reports indicated that Blue Shield of California has decided to stop using CVS Health's Caremark.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:37 pm

WMT

Walmart's CFO has expressed that there continues to be a reasonable level of uncertainty in the economic backdrop for the rest of the year.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 12:35 pm