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T

VZ

AT&T reported Q2 2024 earnings with operating revenues of $29.8 billion, slightly missing estimates. Adjusted EPS was in line with expectations. The company saw strong wireless net adds and higher free cash flow. Verizon also reported better-than-expected postpaid phone net additions.

Portfolio Pulse from Anusuya Lahiri

July 24, 2024 | 11:54 am

NTBL

Notable Labs shares are trading lower following the company's announcement of progress in its Phase 2 volasertib program.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:52 am

PRG

PROG Holdings has raised its FY24 adjusted EPS outlook from the range of $2.85 - $3.10 to $3.25 - $3.40, surpassing the estimated $2.97.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:51 am

PRG

PROG Holdings, Inc. (PRG) has raised its FY24 revenue outlook from the previous range of $2.285 billion - $2.36 billion to a new range of $2.4 billion - $2.45 billion, surpassing the estimated $2.35 billion.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:50 am

VSTM

Verastem shares are trading lower after the company announced it priced its $55 million public offering of 13,333,334 of its common stocks and accompanying warrants at $3.00 per share and accompanying warrant.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:50 am

BZ

DIS

IQ

The article highlights three oversold stocks in the communication services sector: Walt Disney Co (DIS), iQIYI Inc (IQ), and Kanzhun Ltd (BZ). These stocks have RSI values near or below 30, indicating potential undervaluation. Disney faces antitrust concerns in India, iQIYI was downgraded by HSBC, and Kanzhun posted strong quarterly results but saw a stock dip.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 11:50 am

PIRS

Pieris Pharmaceuticals shares are trading higher after the company announced a definitive merger agreement with Palvella Therapeutics.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:48 am

BXMT

Blackstone Mortgage Trust shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:46 am

THC

Tenet Healthcare shares are trading higher after the company reported better-than-expected Q2 financial results, raised its FY24 guidance above estimates, issued Q3 guidance above estimates, and announced a $1.5 billion share buyback.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:45 am

GOOG

GOOGL

QQQ

SPY

TSLA

US stocks are expected to open lower due to disappointing earnings from Tesla and Alphabet. Tesla's earnings were considered low quality, and Alphabet's increased capex for AI raised concerns. Small-cap stocks, however, showed resilience and rose. Key economic data releases are anticipated.

Portfolio Pulse from Shanthi Rexaline

July 24, 2024 | 11:43 am