Streetbeat News

Stock Prices

DIS

Atlantic Equities analyst Hamilton Faber has downgraded Walt Disney (NYSE:DIS) from Neutral to Underweight and lowered the price target from $113 to $76.

Portfolio Pulse from richadhand@benzinga.com

July 25, 2023 | 9:10 am

GE

GM

GOOGL

MSFT

NXPI

Microsoft, Alphabet, NXP Semiconductors, General Electric, and General Motors are expected to be in focus for investors on Tuesday. Microsoft and Alphabet are expected to post earnings after the closing bell, while General Electric is expected to report before the opening bell. NXP Semiconductors reported better-than-expected Q2 results and issued a strong Q3 forecast. General Motors is also expected to report earnings after the closing bell.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 9:09 am

FXI

SPY

China's major state-owned banks were reportedly selling U.S. dollars to buy yuan in spot markets on Tuesday in an attempt to prop up the Chinese currency, according to Reuters.

Portfolio Pulse from Charles Gross

July 25, 2023 | 8:47 am

NKE

Exane BNP Paribas analyst Laurent Vasilescu has downgraded Nike (NYSE:NKE) from Neutral to Underperform.

Portfolio Pulse from richadhand@benzinga.com

July 25, 2023 | 8:22 am

ABVC

ABVC BioPharma has announced a 1-for-10 reverse stock split, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:15 am

DOGEUSD

SHIBUSD

Following Twitter's rebranding by Elon Musk, Dogecoin (CRYPTO: DOGE) experienced an 8% surge in value. Speculation has arisen about the potential integration of a native cryptocurrency wallet within the Twitter platform, which would align with Musk's vision of 'X, the everything app.' Twitter's CEO Linda Yaccarino follows the official Twitter accounts of cryptocurrencies like Shiba Inu (CRYPTO: SHIB) and Dogecoin.

Portfolio Pulse from Mehab Qureshi

July 25, 2023 | 8:10 am

EWG

VGK

Germany's Ifo Business Climate Index for July came in at 87.3, lower than the estimated 88 and the prior figure of 88.6.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:04 am

EWG

VGK

Germany's current assessment for July has been reported at 91.3, lower than the estimated 93.0 and the prior figure of 93.7.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:03 am

EWG

VGK

Germany's business expectations for July were reported at 83.5, slightly above the estimated 83.4, but below the prior figure of 83.8.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:03 am

DOGEUSD

TSLA

Elon Musk, CEO of Tesla and owner of X Corp, commented on Twitter's temporary rebranding to a Shiba Inu dog, the mascot of Dogecoin, stating it had no significant impact. This follows a previous incident where Dogecoin's logo replaced Twitter's icon, causing Dogecoin's price to surge over 20% in 30 minutes. Musk is currently facing a $250-million lawsuit alleging he used a pyramid scheme to inflate Dogecoin's price.

Portfolio Pulse from Benzinga Neuro

July 25, 2023 | 7:41 am