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GM

Ford Motor Co (F) shares are trading lower by 1.04% to $13.82, seemingly in sympathy with General Motors Co (GM) despite Ford's better-than-expected Q2 results and raised FY23 cash flow guidance. GM reported strong Q2 FY23 sales growth of 25% YoY, surpassing analyst consensus. Despite increased costs, GM's operating income rose by 33% YoY.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 2:54 pm

FFIV

F5 Inc's shares are trading higher after the company reported better-than-expected Q3 financial results, with revenues of $702.64 million and EPS of $3.21. The company's total revenues were up 4% YoY, with global services revenue climbing 8% and product revenue increasing 1%. However, software sales were down 3%. Multiple analysts raised their price targets for F5 following the results. The company expects Q4 revenues to be between $690 million and $710 million, with earnings per share between $3.15 and $3.27.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:53 pm

ELWS

The article announces the resumption of trade for Earlyworks ADS.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:53 pm

PHM

PulteGroup Inc's Q2 FY23 earnings report shows an 8% YoY revenue growth to $4.19 billion, beating the consensus of $3.99 billion. EPS of $3.00 also surpassed the consensus of $2.51. Home sale revenues grew 7.9% YoY to $4.06 billion, and Financial Services revenue was $92.2 million (+11.4% YoY). The company's stock is trading higher by 5.95% at $83.20.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 2:52 pm

ABVC

ABVC Biopharma Inc announced a 1-for-10 reverse stock split to regain compliance with Nasdaq's listing rules. The split aims to decrease outstanding shares, increase the market price and attract a broader investor base. The company's shares are trading higher by 3.21% to $4.03 after the announcement.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 2:50 pm

JNVR

Trading of Janover shares has resumed.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:50 pm

BFRG

Bullfrog AI Holdings Inc (NASDAQ:BFRG) shares surged after the company announced the issuance of a patent for novel prodrugs of mebendazole for cancer treatment. The patent, granted by the US Patent and Trademark Office, strengthens the company's intellectual property protection. Bullfrog AI licensed the intellectual property from Johns Hopkins University in October 2022, which allowed the company to commercialize prodrugs of mebendazole.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:49 pm

ELWS

Trading of Earlyworks ADS (ELWS) was halted due to a circuit breaker triggered by a significant upward price movement.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:49 pm

ELWS

Earlyworks ADS started trading at $3.70, significantly below its IPO price of $5 per ADS.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:49 pm

NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) shares are trading higher after the company reported better-than-expected Q2 financial results. The company's Q2 revenue of $3.3 billion and Q3 EPS of $3.43 both beat estimates. NXP also repurchased $302 million worth of its common stock during the quarter. The company expects Q3 revenue to be between $3.3 billion and $3.5 billion, and earnings to be between $3.39 and $3.82 per share.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:48 pm