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Stock Prices

BCS

Barclays shares are trading lower following the release of the company's Q2 2023 results.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:42 am

BILI

JP Morgan analyst Daniel Chen has downgraded Bilibili (NASDAQ:BILI) from Overweight to Equal-Weight and set a price target of $13.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 9:12 am

CVNA

Morgan Stanley analyst Adam Jonas has downgraded Carvana (NYSE:CVNA) from Equal-Weight to Underweight, while raising the price target from $12 to $35.

Portfolio Pulse from richadhand@benzinga.com

July 27, 2023 | 9:11 am

AAPL

The upcoming iPhone 15 Pro from Apple Inc. (NASDAQ:AAPL) is rumored to feature a programmable Action Button, replacing the mute/silent switch. The iOS 17 Beta 4 update has revealed that the Action Button will support nine actions, including flashlight toggle, silent mode toggle, focus mode toggle, camera, translate, voice memos, magnifier, shortcuts, and accessibility. The iPhone 15 Pro and iPhone Pro Max are also rumored to see a $100 price hike.

Portfolio Pulse from Rounak Jain

July 27, 2023 | 8:46 am

GOOG

GOOGL

MSFT

Gene Munster of Deepwater Asset Management believes Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has a significant advantage over Microsoft Corp. (NASDAQ:MSFT) in the AI race due to its extensive search history data. Alphabet's stock surged 6% following Q2 results that beat analysts’ expectations, while Microsoft's stock slipped 4% after reporting slowing revenue in its Azure cloud business.

Portfolio Pulse from Benzinga Neuro

July 27, 2023 | 8:06 am

BA

BMY

F

GOOGL

MCD

The Federal Reserve has raised the federal funds rate by 0.25% to 5.25%-5.5%, the highest level since February 2001. This has led to a decline in overall investor sentiment, as indicated by the CNN Money Fear and Greed index. Despite this, the Dow Jones closed higher, recording its longest winning streak since 1987. Alphabet Inc. and The Boeing Company reported better-than-expected quarterly results, leading to a rise in their share prices. Investors are now awaiting earnings results from McDonald's Corporation, Ford Motor Company, and Bristol-Myers Squibb Company.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 7:59 am

NIO

VWAGY

XPEV

European automakers are partnering with Chinese companies to expand their presence in the electric vehicle (EV) market. Volkswagen AG has announced a partnership with Chinese EV startup XPeng, and its subsidiary Audi plans to join forces with SAIC. Amid rumors of a potential partnership with Mercedes, Nio Inc's stock price has surged. These collaborations aim to capitalize on China's large market potential and advanced design, engineering, and manufacturing capabilities.

Portfolio Pulse from Anan Ashraf

July 27, 2023 | 7:53 am

BMY

EBAY

F

MCD

META

McDonald's, Meta Platforms, Ford Motor Company, eBay, and Bristol-Myers Squibb are the stocks to watch heading into Thursday. McDonald's and Bristol-Myers Squibb are expected to post their quarterly earnings before the opening bell. Meta Platforms and eBay reported better-than-expected Q2 results, while Ford is expected to release its earnings after the markets close.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 7:48 am

TTE

TotalEnergies anticipates its Q3 hydrocarbon production to be around 2.5 million barrels of oil equivalent per day (MBOE/D), with a refineries utilization rate above 80%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:43 am

STM

STMicroelectronics has revised its FY23 revenues outlook to $17.25B-$17.55B, from the prior range of $17.0B-$17.8B. The new estimate is in line with the consensus estimate of $17.3B.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:35 am