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Stryker, Wynn Resorts And A Chinese Tech Giant Expanding AI Capabilities: CNBC's 'Final Trades'

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Stryker, Wynn Resorts And A Chinese Tech Giant Expanding AI Capabilities: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named Alibaba Group Holding Limited (NYSE: BABA) as his final trade.

Alibaba Cloud showcased two large language models (LLMs), more superficial forms of Tongyi Qianwen, based on the company's pre-trained model framework.

Brenda Vingiello of Sand Hill Global Advisors said Stryker Corporation (NYSE: SYK) reported a great quarter.

Stryker reported second-quarter sales of $5 billion, up 11.2% Y/Y (+11.9% in constant currency), beating the consensus of $4.83 billion.

Benzinga's analyst ratings data shows a consensus Outperform rating on Stryker Corp.

Jim Lebenthal of Cerity Partners named Wynn Resorts, Limited (NASDAQ: WYNN), which is scheduled to release earnings this week.

Barclays analyst Brandt Montour recently maintained Wynn Resorts with an Overweight and raised the price target from $135 to $136.

Don’t forget to check out our premarket coverage here

Price Action: Wynn Resorts shares fell 1.4% to settle at $104.18, while Stryker shares rose 2.9% to close at $283.71 on Friday. Alibaba shares fell 0.7% to $96.90 on Friday.

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Photo: Shutterstock

 

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Posted-In: Brenda Vingiello CNBC Halftime Report Final TradesLong Ideas News Markets Media Trading Ideas Best of Benzinga

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