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MXL

MaxLinear reported worse-than-expected Q2 revenue results and issued Q3 revenue guidance below estimates. Craig-Hallum downgraded the stock from Buy to Hold and announced a $25 price target.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:51 pm

META

In a recent interview with CNBC, Meta's CFO Susan Li expressed uncertainty about the future of the ad market. She did not provide specific details or forecasts.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 3:51 pm

AMD

INTC

MBLY

NVDA

Intel Corporation (NASDAQ:INTC) is set to report Q2 financial results. Analysts expect a revenue of $10.97 billion, marking a decline YoY and QoQ. Intel has missed revenue estimates in three of the last four quarters. Analysts predict a loss of three cents per share in Q2. Intel's guidance for Q2 revenue is between $11.50 billion to $12.50 billion. Rosenblatt analyst Hans Mosesmann has a Sell rating on Intel due to product delays, cyclical factors, and market share losses. Mizuho Securities analyst Vijay Rakesh has a Neutral rating, seeing potential benefits from the surge in AI applications. Intel's AI and Data Center division is a key area of interest.

Portfolio Pulse from Chris Katje

July 27, 2023 | 3:49 pm

QS

QuantumScape reported its Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:48 pm

MA

Mastercard Inc reported Q2 2023 net revenues of $6.27 billion, beating the consensus of $6.17 billion. The company saw growth in gross dollar volume, cross-border volume, and switched transactions. Adjusted EPS rose 13% Y/Y to $2.89, exceeding the consensus of $2.83. The company also repurchased shares worth $2.4 billion and paid $541 million in dividends. For 2023, the company reaffirmed the outlook for net revenue to grow in low-teens and adjusted operating expense to grow in the low-end of low-double-digits.

Portfolio Pulse from Lekha Gupta

July 27, 2023 | 3:46 pm

URI

United Rentals reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:45 pm

IEX

IDEX Corporation reported better-than-expected Q2 adjusted EPS results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:44 pm

MLM

Martin Marietta Materials reported worse-than-expected Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 3:39 pm

MCOM

Micromobility.Com CEO Salvatore Palella has conducted a Twitter poll asking for public opinion on whether he should continue as CEO or if it's time for fresh leadership. The company's shares are moving higher.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 3:39 pm

AXP

JPM

MSFT

XLU

On CNBC's 'Halftime Report Final Trades', analysts recommended Microsoft, American Express, BNY Mellon Investment Management, and JPMorgan Chase. Microsoft reported better-than-expected Q4 earnings but issued a weak sales outlook. American Express reported mixed Q2 results, missing revenue estimates. BNY Mellon was recommended as the Federal Reserve finished its rate-hiking cycle. JPMorgan Chase reported better-than-expected Q2 results.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 3:39 pm