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Keybanc analyst Brett Andress has downgraded Brunswick (NYSE:BC) from Overweight to Sector Weight.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 8:08 am

BCAN

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Five stocks to watch on Monday include Guaranty Bancshares, BYND Cannasoft Enterprises, FB Financial Corporation, Universal Security Instruments, and Home Bancorp. Guaranty Bancshares is expected to post quarterly earnings of 56 cents per share. BYND Cannasoft Enterprises reported a proposed underwritten public offering. FB Financial Corporation is expected to have earned 65 cents per share for the latest quarter. Universal Security Instruments reported earnings of 12 cents per share for the fourth quarter. Home Bancorp is expected to report quarterly earnings of $1.16 per share.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 8:07 am

AAPL

A rare sealed box of the original iPhone has been sold at an auction for $190,373, three times more than the previous record of $63,000 set in February this year. The auctioneer LCG Auctions had set an estimate of $50,000-$100,000 for the original iPhone, but the winning bid beat expectations by a huge margin. Apple Inc. (NASDAQ:AAPL) memorabilia fetching record amounts in auctions are common.

Portfolio Pulse from Rounak Jain

July 17, 2023 | 8:07 am

PSNY

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) showcased its Polestar 5 prototype at the Goodwood Festival of Speed. The electric 4-door grand tourer, based on the Polestar Precept concept car, can deliver up to 650 kW/884 hp. The vehicle is expected to launch officially in 2024. The company aims to have a line-up of five performance EVs by 2026.

Portfolio Pulse from Anan Ashraf

July 17, 2023 | 7:47 am

AAPL

BTCUSD

DOGEUSD

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SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a significant decline from its all-time high, despite its compatibility with the Ethereum (CRYPTO: ETH) ecosystem and the development of Shibarium, a Layer-2 solution. The token's burning rate surged by 6340% in the last 24 hours, resulting in the burning of 79 million SHIB tokens. However, even if Shiba Inu reaches $0.01 per token, its circulating supply would result in a network market cap of $5.9 trillion, surpassing companies like Apple Inc in terms of market value.

Portfolio Pulse from Mehab Qureshi

July 17, 2023 | 7:26 am

FXI

Oil prices have fallen following disappointing GDP data from China and the resumption of oil output in Libya. Crude Oil WTI was trading lower by 1.17% at $74.44/bbl, and Brent Oil was down by 1.16% at $78.94/bbl.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 7:21 am

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China's Q2 GDP growth of 6.3% year-over-year was lower than the expected 7.3%, causing unease among investors. The slower growth rate could impact Chinese stocks listed in the U.S., including Alibaba, Tencent, JD.com, BYD, and Nio. The iShares MSCI China ETF, which tracks U.S.-listed Chinese equities, ended down 1.71%.

Portfolio Pulse from Shanthi Rexaline

July 17, 2023 | 7:02 am

EWA

Australia's S&P/ASX 200 index closed at 7,298.50, marking a 0.06% decrease in today's session.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 6:23 am

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The Dow Jones recorded gains for the fifth straight session on Friday following strong earnings from major banks, including JPMorgan Chase & Co. and Wells Fargo & Company. The Dow gained 2.3% on a weekly basis, its best performance since March. The CNN Money Fear and Greed index remained in the 'Extreme Greed' zone. Investors are awaiting earnings results from FB Financial Corporation, Home Bancorp, Inc., and Guaranty Bancshares, Inc.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 5:52 am

FXI

Asian stocks fell after China released key economic data showing a GDP 6.3% lower than expected. The Hang Seng, Shanghai, and Shanghai Shenzhen CSI 300 indices all experienced declines, while the U.S. Dollar rose slightly during the Asian session.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 5:37 am