Streetbeat News

Stock Prices

CTCX

Trading of Carmell Therapeutics (CTCX) shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 1:51 pm

AAPL

GOOGL

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, MSFT, GOOGL, AAPL, and NVDA. The memo provides price levels for these assets based on a proprietary formula that considers price, volume, and options flow. The memo suggests that traders should monitor these stocks closely and be prepared to leverage potential breakouts or reversals. The memo also highlights that Microsoft and Google will be releasing their earnings reports after the market closes.

Portfolio Pulse from RIPS

July 25, 2023 | 1:51 pm

BHP

FCX

PKX

RIO

SCCO

VALE

Metals stocks are trading higher following indications from Chinese leaders supporting stimulus measures. This could increase demand for metals and materials.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 1:50 pm

INPX

Shares of Inpixon (INPX) have resumed trading.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 1:50 pm

GE

General Electric Co (NYSE:GE) reported Q2 FY23 revenues of $16.7 billion, an 18% YoY increase, beating the consensus of $15 billion. Adjusted EPS was $0.68, up from $0.36 a year ago, beating the consensus of $0.46. GE's Aerospace and Vernova Renewable Energy divisions saw significant growth, with revenues jumping 28% and 24% YoY respectively. The company also raised its FY23 guidance based on strong first-half performance. GE shares are trading higher by 5.5% at $116.35.

Portfolio Pulse from Akanksha Bakshi

July 25, 2023 | 1:49 pm

UL

Unilever reported a year-over-year increase in its first half earnings per share (EPS) and revenue, leading to a rise in its share price.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 1:48 pm

BTCUSD

COMPUSD

ETHUSD

Bitcoin (BTC) traded lower, below the $29,200 level, while Ethereum (ETH) edged higher, trading above the $1,800 mark. XDC Network (XDC) was the top gainer over the prior 24 hours, while Compound (COMP) was the biggest loser. The global crypto market cap fell to $1.17 trillion, recording a 24-hour decline of 0.3%.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 1:47 pm

RTX

Raytheon's shares are trading lower after the company disclosed in its earnings report that Pratt & Whitney has identified a rare condition in powder metal used to manufacture certain engine parts, necessitating accelerated fleet inspection.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 1:46 pm

AURC

Shares of Aurora Acquisition Corp. (AURC) have resumed trading after a halt, only to be halted again due to a circuit breaker. The stock is now up by 59.5%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 1:44 pm

AMZN

CRM

GOOG

META

MSFT

NVDA

RSP

SPY

JPMorgan Chase's chief market strategist, Marko Kolanovic, warns of a potential market bubble due to the S&P 500's increasing levels of stock concentration, which have reached 60-year highs. Six mega-cap tech companies, including Microsoft, Alphabet, Amazon, Meta Platforms, NVIDIA, and Salesforce, account for 51% of the S&P 500's gains this year. Kolanovic also warns of the current AI frenzy, which could end in disillusionment. Potential catalysts for a large stock reversal include aggressive interest rate hikes, declining consumer savings, and a troubling geopolitical environment.

Portfolio Pulse from Piero Cingari

July 25, 2023 | 1:43 pm