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F

Ford Motor Co's shares fell by 3.97% following its Q2 earnings report. The company reported a 12% YoY increase in revenue to $45.0 billion, surpassing the consensus estimate of $40.38 billion. Earnings per share were 72 cents, also beating the consensus estimate of 55 cents. Ford's Model E business reported a 44% YoY increase in units for Q2, with a projected run-rate of 600,000 units in 2024.

Portfolio Pulse from Henry Khederian

July 28, 2023 | 2:33 pm

NIO

XPEV

NIO Inc's shares have risen by 28.3% over the past five sessions, trading higher due to China's recent measures to optimize its business environment. The company may also be benefiting from a framework agreement between peer Chinese EV maker XPeng Inc and Volkswagen. Volkswagen will acquire 4.99% of XPeng's outstanding share capital for $700 million.

Portfolio Pulse from Henry Khederian

July 28, 2023 | 2:32 pm

LRCX

A significant number of investors have taken a bearish stance on Lam Research (NASDAQ:LRCX), with 57% of detected trades being bearish. The targeted price range for Lam Research over the last 3 months is from $380.0 to $840.0. The current price of LRCX is up 2.49% at $719.45. Analysts from JP Morgan, Citigroup, Stifel, and Barclays have maintained their ratings on Lam Research, with price targets ranging from $600 to $800.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:31 pm

DOW

A significant bullish stance on Dow (NYSE:DOW) has been observed through unusual options activity. The sentiment among these big-money traders is 75% bullish and 25% bearish. The whales have been targeting a price range from $25.0 to $60.0 for Dow over the last 3 months. The price of DOW is up 1.66% at $55.85. Various experts have maintained or downgraded their ratings on Dow, with price targets ranging from $52 to $59.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:31 pm

RCL

A significant bearish stance has been taken on Royal Caribbean Gr (NYSE:RCL) by a whale investor. The investor has targeted a price range from $40.0 to $130.0 for Royal Caribbean Gr over the last 3 months. The current price of RCL is up 1.48% at $111.31. Truist Securities and Barclays have maintained their Hold and Overweight ratings on Royal Caribbean Gr respectively.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:30 pm

ORCL

Over the past 10 years, Oracle (NYSE:ORCL) has outperformed the market by 3.19% on an annualized basis, producing an average annual return of 13.53%. If an investor had bought $1000 of ORCL stock 10 years ago, it would be worth $3,602.71 today.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:30 pm

ABBV

AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years, producing an average annual return of 12.73%. If an investor had bought $100 of ABBV stock 10 years ago, it would be worth $329.82 today. The company currently has a market capitalization of $264.52 billion.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 2:30 pm

UFAB

Unique Fabricating, Inc. (NYSE:UFAB) has issued a statement in response to the increased levels of trading activity of its common stock, stating that the company has no news to announce at this time that would account for the recent increase.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 2:28 pm

SPY

The Dallas Federal Reserve's Personal Consumption Expenditures (PCE) for June came in at 2.50%, lower than the estimated 4.30% and the prior figure of 3.50%.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 2:26 pm

CINF

Cincinnati Financial's shares are trading higher after the company reported better-than-expected Q2 results.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 2:25 pm