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MMM

3M Co (NYSE:MMM) is set to report its Q2 earnings on July 25, with Wall Street expecting $1.68 EPS and $5.9 billion in revenues. The stock has shown a 19.01% increase over the past year and 13.52% year-to-date. Technical indicators present mixed signals, with the stock price above the 50-day and 200-day SMAs but slightly below the 8-day SMA. Analysts have a Neutral rating with a price target of $122.19, suggesting a 14% upside.

Portfolio Pulse from Surbhi Jain

July 25, 2024 | 7:41 pm

META

XLC

Meta Platforms Inc (NASDAQ:META) shares are trading lower due to an impending EU antitrust fine for linking its Marketplace service with Facebook. The fine could be up to $13.4 billion, representing 10% of its 2023 global revenue. The European Commission's decision is expected by September or October. Meta's stock has gained over 56% in the last 12 months. Investors can gain exposure to Meta via Vanguard Communication Services ETF (VOX) and Communication Services Select Sector SPDR Fund (NYSE:XLC).

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 7:32 pm

UBS

UBS Group (NYSE:UBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.86%. A $1000 investment in UBS 5 years ago would be worth $2,661.53 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has significantly outperformed the market over the past decade, delivering an average annual return of 18.95%. A $1000 investment in TMUS 10 years ago would now be worth $5,636.32. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm

LSCC

Lattice Semiconductor (NYSE:LSCC) has seen a 7.26% increase in its short percent of float, now at 9.31%. This indicates a bearish sentiment among investors, as it would take traders 5.03 days to cover their short positions. LSCC's short interest is higher than its peers, whose average is 4.50%.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 7:30 pm

F

GM

General Motors (GM) shares fell following a disappointing earnings report and a sympathy drop with Ford (F) shares after Ford's mixed Q2 earnings. Ford missed EPS estimates despite exceeding revenue expectations. GM also faced pressure from delayed EV projects and issues with its self-driving unit, Cruise LLC.

Portfolio Pulse from Vaishali Prayag

July 25, 2024 | 7:29 pm

NVAX

Novavax, Inc. (NASDAQ:NVAX) shares are trading higher due to a significant drop in short interest and recent filings for authorization of its updated COVID-19 vaccine with Health Canada, the U.S. FDA, and EMA. The stock is also trending on social media.

Portfolio Pulse from Vaishali Prayag

July 25, 2024 | 7:25 pm

MIRA

MIRA Pharmaceuticals Inc (NASDAQ:MIRA) announced new preclinical data for its novel oral ketamine analog, Ketamir-2, which shows potential in treating neurological and neuropsychiatric disorders. The data reveals Ketamir-2's selective inhibition of the NMDA receptor and favorable safety profile. MIRA's stock surged 38.8% following the announcement.

Portfolio Pulse from Vandana Singh

July 25, 2024 | 7:24 pm

BTCUSD

A prominent trader suggests that the U.S. could address its $35 trillion national debt by investing in Bitcoin, given its impressive Compound Annual Growth Rate (CAGR). The trader hypothesizes that a $1 trillion investment in Bitcoin could potentially cover the national debt within a few years. This idea comes amid growing concerns about the sustainability of the U.S. debt and the current approach to managing it.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 7:23 pm

ROL

Rollins shares are trading lower after the company reported worse-than-expected Q2 revenue.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:21 pm