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Stock Prices

AHI

Trading of Advanced Health Intelligence (AHI) shares has resumed.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:51 pm

PSQH

Shares of PSQ Holdings have been halted due to a circuit breaker being triggered on the downside.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:49 pm

AHI

Shares of Advanced Health Intelligence (AHI) were halted on a circuit breaker to the upside, with the stock now up 23.3%.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:47 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) has announced a commercial EV launch event on Aug. 24, 2023, to commemorate the first Class 3 vehicles rolling off the production line. The event will be held at Mullen's assembly plant in Tunica, Mississippi. The plant is focused on production of Class 1 and Class 3 commercial EV vehicles. The Mullen THREE, a Class 3 low cab forward EV truck, is one of the vehicles being produced.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:46 pm

DRRX

NCPL

PRFX

SGMA

TSLA

TTOO

VIR

U.S. stocks traded mixed with the Dow Jones gaining and the NASDAQ falling. Tesla Inc reported better-than-expected earnings and sales results for its second quarter. T2 Biosystems, PainReform Ltd, and SigmaTron International shares shot up while Vir Biotechnology, Netcapital Inc, and DURECT Corporation shares dropped.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 1:43 pm

NVDA

SSNLF

TSM

Nvidia Corp (NVDA) and other chipmaking stocks are trading lower due to Taiwan Semiconductor Manufacturing Company Ltd's (TSM) disappointing Q2 results. TSMC's revenue declined by 13.7% YoY to $15.68 billion, and it projected a 10% fall in sales in FY23. TSMC also postponed production at a planned facility in Arizona until 2025. Samsung Electronics Co, Ltd (SSNLF) is reportedly eyeing Nvidia orders as TSMC's packaging capacity remains tight. Meanwhile, Nvidia received an Outperform rating and a price target of $570 from Wolfe Research, and an Overweight rating and a price target of $600 from Barclays.

Portfolio Pulse from Anusuya Lahiri

July 20, 2023 | 1:42 pm

MAN

ManpowerGroup Inc (NYSE:MAN) reported a 4% YoY decline in Q2 FY23 sales to $4.856 billion, slightly beating analyst consensus. The company's gross profit decreased by 6.4% YoY to $862.3 million, and its adjusted EPS of $1.58 missed the analyst consensus of $1.62. The company's challenging operating environment in the U.S. and Europe contributed to revenue declines. The company's Q3 EPS outlook is $1.32-$1.42, lower than the analyst consensus of $1.55. MAN shares are trading lower by 7.78%.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 1:41 pm

PSQH

Shares of PSQ Holdings have resumed trading.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:41 pm

TRV

Travelers Companies Inc (NYSE:TRV) reported Q2 2023 revenues of $10.1 billion, up 11% Y/Y, slightly beating the consensus of $10.02 billion. However, the company reported a net loss of $14 million compared to net income of $551 million in the previous year. Core income declined to $15 million from $625 million due to higher catastrophe losses ($1.481 billion pre-tax). Core EPS of $0.06 missed the consensus of $2.08. The company repurchased 2.2 million shares for $400 million and declared a dividend of $1.00 per share.

Portfolio Pulse from Lekha Gupta

July 20, 2023 | 1:40 pm

PSQH

Shares of PSQ Holdings have been halted due to a circuit breaker being triggered on the upside.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:38 pm