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SPY

USA existing home sales for June came in at 3.89 million, below the estimated 3.99 million and the prior month's 4.11 million.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:00 pm

SPY

The Richmond Manufacturing Index for July came in at -17, significantly below the estimated -7 and the prior -10, indicating a worsening manufacturing sector in the Richmond area.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:59 pm

DHR

Danaher Corp (NYSE:DHR) reported a 3% year-over-year decrease in Q2 sales to $5.743 billion, beating the consensus estimate of $5.59 billion. Adjusted EPS was $1.72, surpassing the expected $1.57. The company highlighted positive momentum in its bioprocessing business and strong performance at Cepheid. Despite a decline in biotechnology and life sciences sales, diagnostic sales increased. Danaher maintained its guidance for fiscal year 2024, expecting a low-single-digit decline in non-GAAP core revenue and a 29% operating margin. DHR stock rose 7.20% to $268.96 following the announcement.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 1:59 pm

CMCSA

DIS

Disney shares are trading lower, potentially in sympathy with Comcast, which reported a decline in content and experiences revenue.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 1:55 pm

GOOS

Raymond James analyst Rick Patel has downgraded Canada Goose Holdings (NYSE:GOOS) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:51 pm

AZTR

Azitra shares resumed trading after a circuit breaker halt. The halt was triggered due to significant price movement.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:49 pm

BA

Qatar Airways has placed an order for 20 additional Boeing 777-9 jets, expanding its total 777X order to nearly 100 airplanes. This order was finalized this year and was previously listed as unidentified on Boeing's Orders & Deliveries website.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:48 pm

META

Wealthy investors have taken a bullish stance on Meta Platforms (NASDAQ:META), as observed through 11 uncommon options trades. The sentiment is split between 36% bullish and 36% bearish, with a focus on a price range between $490.0 and $510.0. The next earnings report is scheduled in 8 days.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm

SMCI

Financial giants have shown a bearish trend in options trading for Super Micro Computer (NASDAQ:SMCI), with 50% of trades being bearish. The stock is currently down 1.73% at $772.68. Analysts have mixed ratings, with price targets ranging from $325 to $930.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm

LLY

Financial giants have made notable bearish moves on Eli Lilly and Co (NYSE: LLY) through options trading. Analysis revealed 15 unusual trades, with 33% bearish and 26% bullish sentiment. The major market movers are focusing on a price range between $430.0 and $980.0. Current stock price is $869.85, up 0.45%. Analysts have mixed ratings with target prices ranging from $885 to $1025.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 1:47 pm