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FCX

Freeport-McMoRan shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:52 pm

GM

General Motors shares are trading lower after the company reported Q2 financial results and announced delays in its 2024 Buick EV and EV pickup plant opening to 2026.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:50 pm

IRDM

Iridium Communications shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:50 pm

CLRB

Cellectar Biosciences Inc. (NASDAQ:CLRB) stock is trading lower despite meeting the primary endpoint in its CLOVER WaM pivotal study for relapsed/refractory Waldenstrom’s macroglobulinemia. The study showed an overall response rate of 80% and a major response rate of 56.4%, exceeding the primary endpoint of 20% MRR. The company plans to file an FDA marketing application in Q4 2024.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 2:49 pm

CMCSA

Comcast shares are trading lower after the company reported worse-than-expected Q2 sales results. The stock initially traded higher, but it has since reversed.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:48 pm

PYPL

The article discusses recent options trading activity for PayPal Holdings (NASDAQ:PYPL), highlighting a balanced sentiment among investors with 50% bullish and 50% bearish trades. The trading volumes and open interest suggest a focus on a price range between $35.0 and $90.0. PayPal's stock is currently trading at $60.67, down by 0.16%, with an upcoming earnings release in 7 days.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 2:48 pm

ARE

COMP

EXPI

NXDT

OPEN

OPI

VNQ

US home sales experienced a significant decline of 5.4% in June 2024, the sharpest monthly drop in 1.5 years, due to record high prices. The median home price reached an all-time high of $426,900. Real estate stocks showed mixed reactions, with some gaining and others declining.

Portfolio Pulse from Piero Cingari

July 23, 2024 | 2:46 pm

KMB

Kimberly-Clark Corporation (NYSE:KMB) shares fell after the company reported mixed Q2 earnings. While adjusted EPS of $1.96 beat expectations, revenues of $5.029 billion missed estimates. Sales declined 2% year-over-year due to currency impacts and divestitures. Despite this, the company improved its gross margin and raised its EPS growth outlook for FY24.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 2:46 pm

MAIA

REGN

MAIA Biotechnology announced promising long-term benefits from its Phase 2 THIO-101 trial for advanced non-small-cell lung cancer patients. The trial, which combines MAIA's THIO with Regeneron's cemiplimab, shows high efficacy and low toxicity. Despite positive results, MAIA's stock is down 14.25%.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 2:38 pm

IRDM

Iridium Communications Inc (NASDAQ:IRDM) shares surged after reporting strong Q2 earnings of 27 cents per share, beating expectations. Despite missing sales estimates, the company saw a 13% year-over-year growth in billable subscribers, driven by commercial IoT. Iridium plans to continue aggressive shareholder-friendly activities in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 2:35 pm