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LVLU

Telsey Advisory Group has downgraded Lulus Fashion Lounge (NASDAQ:LVLU) from Outperform to Market Perform and lowered the price target from $4 to $3.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 9:18 am

GOOG

GOOGL

CNBC host Jim Cramer has advised investors to consider trimming their positions in Alphabet Inc. if its shares surge post the quarterly earnings announcement, due to the ongoing lawsuit against the company by the U.S. Department of Justice. The lawsuit, which accuses Alphabet of anti-competitive practices, is seen as a potential dampener for its stock’s upside.

Portfolio Pulse from Benzinga Neuro

July 26, 2023 | 8:56 am

LVLU

Goldman Sachs analyst Brooke Roach has downgraded Lulus Fashion Lounge (NASDAQ:LVLU) from Buy to Neutral and lowered the price target from $3.75 to $2.4.

Portfolio Pulse from richadhand@benzinga.com

July 26, 2023 | 8:39 am

BA

LMT

RTN

Senator Bernie Sanders has voiced his opposition to the proposed $886 billion defense bill for fiscal year 2024, calling it a 'corporate welfare program'. He criticized the bill for being more than all other discretionary programs in the federal budget combined. Sanders also highlighted the issues the U.S. faces, including climate change and a broken healthcare system. He named Boeing Co. (BA), Lockheed Martin Corp. (LMT), and RTX Corp. (RTN) among the private contractors who would benefit from the bill.

Portfolio Pulse from Shanthi Rexaline

July 26, 2023 | 8:27 am

BA

GOOGL

KO

META

MSFT

Wall Street expects Meta Platforms to post quarterly earnings at $2.91 per share on revenue of $31.12 billion. Microsoft reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter. Analysts are expecting The Coca-Cola Company to have earned 65 cents per share on revenue of $10.56 billion for the latest quarter. Alphabet reported better-than-expected second-quarter results. Analysts expect The Boeing Company to report a quarterly loss at 84 cents per share on revenue of $16.58 billion.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 8:16 am

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