Today's Morning Movers and Top Ratings: CRWD, PFE, PYPL, DEO and More
Morning Movers
Gapping up
$Pfizer(PFE.US$ 's stock increased by 1.27% as the pharmaceutical giant upped its profit forecast for the year following higher-than-expected sales of its COVID vaccine and antiviral medication.
$Tesla(TSLA.US$ shares saw a modest gain of 0.74%, even though the National Highway Traffic Safety Administration announced a recall of over 1.8 million of the company's vehicles in the United States due to a risk of software failure that may fail to detect an unlatched hood.
$JetBlue Airways(JBLU.US$ 's stock climbed 4.22% after the airline reported an unexpected profit for the second quarter and revealed plans to further reduce costs.
$PayPal(PYPL.US$ shares jumped 6.36% as the payments company lifted its full-year adjusted profit forecast for the second time, anticipating sustained consumer spending during the back-to-school and upcoming holiday seasons.
$BioNTech(BNTX.US$ 's stock rose by 1.87% after the biotech firm's cancer drug candidate showed a significant improvement in response rates in patients with advanced melanoma in a Phase 2 trial.
$BP PLC(BP.US$ ADRs increased by 1.14% after the oil company reported strong financial results for the second quarter, raised its dividend by 10%, and confirmed the continuation of its share buyback program at $1.75 billion quarterly.
Gapping down
$Merck & Co(MRK.US$ 's stock dropped 1.78% following the pharmaceutical company's reduction of its full-year earnings outlook, largely due to one-time charges related to its acquisition of EyeBio, a company focusing on eye disease drugs.
$CrowdStrike(CRWD.US$ shares tumbled 3.89% on news that Delta Air Lines had retained high-profile lawyer David Boies to seek damages after an outage led to widespread computer crashes and thousands of flight cancelations. Despite this, Delta's shares moved up by 0.7%.
$Diageo(DEO.US$ ADRs fell sharply by 6.91% after the beverage company reported its first sales dip since the pandemic began, with sales in Latin America and the Caribbean experiencing a particularly steep decline.
$Symbotic(SYM.US$ 's stock plummeted 20.71% as the robotics company projected revenue and adjusted core profit for the current quarter that would fall below analysts' expectations.
Source: CNBC; Investing.com
US Top Rating Updates on 07/30
![Today's Morning Movers and Top Ratings: CRWD, PFE, PYPL, DEO and More](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240730/19f55f3c5fbc47c4bfbe4ce637fdc59e.jpg?area=100&is_public=true)
Source: Dow Jones
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Jeanel : If analysts are legally responsible for posting false ratings, I don't think anyone would dare to underestimate Tesla![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Lana Su : Tesla is a flag that never falls!
105679891 : ok