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AMZN

DISH

Dish Network is reportedly planning to sell its premium wireless service on Amazon.com later this week, which has led to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:07 am

GSK

GlaxoSmithKline (GSK) has projected its FY23 sales growth to be between 8% and 10%. The company also expects its adjusted EPS growth to be between 14% and 17%, and its adjusted operating profit to grow by 11% to 13%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 7:52 am

BA

GE

GM

KO

META

The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors on Tuesday, despite the Dow Jones recording its longest winning streak in over six years. General Motors (GM) shares fell 3.5% after reporting better-than-expected Q2 results and raising its FY23 cash flow guidance, while General Electric (GE) shares gained 6.3% after similar positive results. Investors are awaiting earnings results from Meta Platforms (META), The Coca-Cola Company (KO), and The Boeing Company (BA).

Portfolio Pulse from Lisa Levin

July 26, 2023 | 6:59 am

T

AT&T Inc. is expected to report lower Q2 earnings at 54 cents per share, down from 65 cents per share a year ago. The company's revenue is projected to be $26.91 billion. AT&T shares fell 1% to close at $14.80 on Tuesday. Several analysts have recently adjusted their price targets for the company, with most seeing an upside in the stock.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 6:40 am

DXF

Dunxin Financial has priced its registered direct offering at $1.00 per American Depositary Share (ADS), aiming to raise $1.09 million.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 6:26 am

GOOG

GOOGL

MSFT

Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported better than expected Q2 results, driven by strong performance in its cloud business and ad revenue recovery. KeyBanc Capital Markets analyst Justin Patterson maintained an Overweight rating and raised the price target from $140 to $145. Google Cloud's revenue growth was 28%, exceeding KeyBanc's 5% growth forecast. Alphabet's AI capabilities were also highlighted as a potential driver for future growth. Alphabet shares ended Tuesday's regular session up 0.56% at $122.21 and climbed an additional 6.08% in the after-hours session.

Portfolio Pulse from Shanthi Rexaline

July 26, 2023 | 5:54 am

BTCUSD

DOGEUSD

ETHUSD

Dogecoin (CRYPTO: DOGE) has outperformed Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), recording 7% gains in the last 24 hours. This surge in popularity led to the liquidation of DOGE shorts worth $5 million. The rise in Dogecoin's value is attributed to Elon Musk's promotion of a new logo, a concept shared by a Dogecoin designer. Musk's actions have sparked speculation about his intentions and their potential impact on Dogecoin.

Portfolio Pulse from Mehab Qureshi

July 26, 2023 | 5:01 am

EWA

Australia's Trimmed Mean Consumer Price Index (CPI) for Q2 came in at 0.9%, lower than the estimated 1.1% and the previous quarter's 1.2%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 4:40 am

EWA

Australia's Consumer Price Index (CPI) for Q2 came in at 5.4% YoY, matching estimates but slightly lower than the previous 5.6%. The QoQ CPI was 0.8%, lower than the estimated 1% and the previous 1.4%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 4:39 am

NVDA

Despite Nvidia's share price tripling this year, the company faces risks due to the capital-intensive nature of chip production and limited output. Asian chipmakers, who manufacture all of Nvidia’s chips, have reported their lowest earnings in years. The production of high-end chips is capped due to the high cost of building a chip fabrication facility and the need for continual upgrades. Furthermore, AI chips, which are expected to drive unprecedented demand, will only make up a small part of the total sales for chip manufacturers.

Portfolio Pulse from Benzinga Neuro

July 26, 2023 | 4:17 am