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Stock Prices

ROKU

Roku's shares are trading higher following the company's Q2 results, which exceeded expectations. The company also issued strong Q3 guidance.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 12:48 pm

FSLR

First Solar reported strong Q2 results and announced a $1.1 billion investment in a US manufacturing facility, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 12:48 pm

BZH

Beazer Homes' shares are trading higher after the company reported better-than-expected Q3 results.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 12:47 pm

META

Meta Platforms, Inc. (NASDAQ:META) shares surged after reporting better-than-expected Q2 financial results. The company reported a revenue of $32 billion, up 11% YoY, beating the Street consensus estimate of $31.12 billion. Earnings per share totaled $2.98, also beating the consensus estimate of $2.91. The company saw a surge in options trading volume, with calls significantly outpacing puts. Traders expect Meta's stock to move higher.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 12:46 pm

AZN

PFE

AstraZeneca's Q2 FY23 earnings beat consensus with a core EPS of $2.15, up 25% Y/Y, despite no COVID-19 vaccine sales. The strong performance of its cancer drugs offset the loss of vaccine sales. Total revenue was $11.4 billion, up 6%, beating analyst estimates. AstraZeneca's unit Alexion has agreed to buy Pfizer's preclinical gene therapy programs for up to $1 billion. The deal is expected to close in Q3.

Portfolio Pulse from Vandana Singh

July 28, 2023 | 12:46 pm

SPY

In an interview with the John Fredericks Show, former President Donald Trump stated that he will not halt his presidential campaign even if he is sentenced. The SPY ETF, which tracks the S&P 500, may be indirectly affected by this news due to its broad exposure to the US market.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 12:45 pm

SPY

The June report of the Personal Consumption Expenditure (PCE) price index shows a gradual decrease in price pressures across the economy. The Fed's preferred measure of underlying inflation fell to 4.1% YoY, slightly below economist projections of 4.2%. Concurrently, consumer spending increased 0.5% in June, exceeding estimates of a 0.4% gain. The SPDR S&P 500 ETF Trust (NYSE:SPY) achieved new yearly highs on Thursday, but fell 0.7% due to a surprising policy tweak by the Bank of Japan.

Portfolio Pulse from Piero Cingari

July 28, 2023 | 12:43 pm

HPQ

STX

XRX

The most accurate Wall Street analysts have recommended selling three high-dividend yielding tech stocks: Seagate Technology Holdings (STX), HP Inc. (HPQ), and Xerox Holdings Corporation (XRX). The analysts have downgraded or maintained negative ratings for these stocks, despite their high dividend yields and recent financial results.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 12:39 pm

SPY

USA personal spending for June increased by 0.5%, beating the estimated 0.4% and the prior 0.2%.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 12:34 pm

SPY

The USA PCE price index for June increased by 0.2%, beating the estimated decrease of -0.1% and the prior figure of 0.1%.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 12:34 pm