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Stock Prices

SG

Sweetgreen reported worse-than-expected Q2 FY23 results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:13 am

CVX

F

INTC

PG

XOM

Chevron, Intel, Procter & Gamble, Ford, and Exxon Mobil are the stocks to watch heading into Friday. Chevron is expected to post quarterly earnings of $3.13 per share on revenue of $48.17 billion. Intel reported better-than-expected Q2 results and issued strong guidance. Procter & Gamble is expected to have earned $1.32 per share on revenue of $19.98 billion. Ford reported upbeat Q2 earnings and raised its FY23 adjusted EBIT guidance. Exxon Mobil is expected to report quarterly earnings of $2.01 per share on revenue of $80.19 billion.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 8:12 am

EWG

VGK

Germany's Q2 Gross Domestic Product (GDP) has decreased by 0.2% quarter-on-quarter, compared to the estimated 0.1%. The year-on-year GDP has also decreased by 0.6%, compared to the prior -0.2%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 8:01 am

CL

META

PG

XOM

Investor sentiment in the US has declined, as indicated by the CNN Money Fear and Greed index. The Dow Jones closed lower on Thursday, snapping a 13-day win streak. Meta Platforms, Inc. reported better-than-expected Q2 results, causing its shares to jump around 4.4%. The US economy grew by an annualized 2.4% QoQ in Q2, higher than market estimates of 1.8%. Investors are awaiting earnings results from Colgate-Palmolive Company, The Procter & Gamble Company, and Exxon Mobil Corporation.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 7:04 am

EWQ

VGK

France's Harmonised Index of Consumer Prices (HICP) for the month shows no change, falling short of the estimated 0.1% increase and the previous 0.2% increase.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:51 am

EWQ

VGK

The preliminary Consumer Price Index (CPI) for France in July was reported at 0.0%, lower than the estimated 0.2% and the prior figure of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:50 am

CL

Colgate-Palmolive (NYSE:CL) is expected to report higher Q2 earnings of 75 cents per share, up from 72 cents per share a year ago, with revenues of $4.69 billion. The company's shares fell 1.1% to close at $77.11 on Thursday. Several analysts have recently adjusted their price targets for the company, with most raising their targets.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 6:45 am

INZY

Inozyme Pharma has priced its public offering of 12.5 million common stocks at $4.80 per share.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:28 am

TNXP

Tonix Pharmaceuticals has priced its public offering of 7 million common shares at $1 per share. The closing of the public offering is expected to occur on or about August 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:15 am

F

TSLA

Ford Motor Co (NYSE:F) CEO Jim Farley explained that the company cut the price of its F-150 Lightning electric pickup to create an order bank for a tripling in production. The price cut brought the tag on the vehicle down and closer to $50,000 but it is still above the Lightning’s launch price. Several analysts have pegged the price cut to an impending price announcement by Tesla (NASDAQ:TSLA) for its upcoming Cybertruck.

Portfolio Pulse from Anan Ashraf

July 28, 2023 | 6:07 am