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CVNA

Jefferies analyst John Colantuoni has downgraded Carvana (NYSE:CVNA) from Hold to Underperform and lowered the price target from $55 to $30.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 9:04 am

VGK

The Eurozone Core Consumer Price Index (CPI) preliminary year-on-year (YoY) has been reported at 5.5%, which is slightly higher than the estimated 5.4% and equal to the prior figure of 5.5%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:03 am

VGK

The Eurozone's Gross Domestic Product (GDP) for Q2 has outperformed estimates, with a year-on-year increase of 0.6% compared to the estimated 0.5%, and a quarter-on-quarter increase of 0.3% against the estimated 0.2%. The prior quarter had no growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:01 am

TME

Citigroup analyst Alicia Yap has downgraded Tencent Music Enter Gr (NYSE:TME) from Buy to Neutral and lowered the price target from $9.7 to $7.5.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 8:58 am

AER

AerCap Holdings N.V. (NYSE:AER) is expected to report higher Q2 earnings at $2.06 per share, up from $1.91 per share a year ago. The company's revenue is projected to be $1.82 billion. AerCap's shares rose 3.1% to close at $65.85 on Friday. Several analysts have recently adjusted their price targets for the company, with the most recent changes being an increase from $74 to $77 by JP Morgan, and a decrease from $74 to $68 by Stephens & Co.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 8:49 am

TCOM

JP Morgan analyst Alex Yao has upgraded Trip.com Group (NASDAQ:TCOM) from Neutral to Overweight and raised the price target from $39 to $50.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 8:43 am

HMST

NAAS

ON

THC

WDC

ON Semiconductor, HomeStreet, Tenet Healthcare, NaaS Technology, and Western Digital are stocks to watch heading into Monday. ON Semiconductor is expected to post quarterly earnings of $1.21 per share on revenue of $2.02 billion. HomeStreet reported weaker-than-expected Q2 results. Tenet Healthcare is expected to have earned $1.26 per share on revenue of $4.90 billion. NaaS Technology filed for a mixed shelf of up to $200 million. Western Digital is expected to report a quarterly loss at $2.00 per share on revenue of $2.52 billion.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 8:27 am

NAVB

Navidea Biopharmaceuticals has received a written notification from the NYSE that it intends to commence proceedings to delist the company's stock. The company's board plans to appeal this decision.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:07 am

META

Meta Platforms Inc.'s Threads app is planning to introduce new features such as a desktop version and direct messages, as more than half of its users have left the app. The app, which is a clone of Twitter, reached 100 million users within five days of its launch but has since seen a significant drop in growth. Instagram head Adam Mosseri and Mark Zuckerberg have reassured staff that this drop is normal and are focusing on improving the app's features and algorithms.

Portfolio Pulse from Rounak Jain

July 31, 2023 | 8:06 am

OKYO

OKYO Pharma has withdrawn its proposed public offering of ordinary shares due to changing market conditions.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:03 am