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Microsoft, Diamondback Energy, Broadcom, And An Oil Giant: CNBC's 'Final Trades'

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Microsoft, Diamondback Energy, Broadcom, And An Oil Giant: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Bryn Talkington of Requisite Capital Management named Diamondback Energy, Inc. as her final trade.

Diamondback Energy reported quarterly sales of $1.92 billion, which beat the analyst consensus estimate of $1.91 billion.

Stephen Weiss of Short Hills Capital Partners said Microsoft Corporation (NASDAQ: MSFT) will be the "number 1 beneficiary of AI in my view."

Microsoft submitted a new deal to the U.K. regulators for the takeover of Activision Blizzard, Inc. (NASDAQ: ATVI) after the initial rejection, CNBC reported.

Joseph Terranova of Virtus Investment Partners picked Broadcom Inc. (NASDAQ: AVGO).

Broadcom affirmed its expectation that its VMware Inc (NYSE: VMW) acquisition will close at the end of October.

Jim Lebenthal of Cerity Partners said Exxon Mobil Corporation (NYSE: XOM) is "my birthday gift."

Exxon Mobil reported weaker-than-expected second-quarter earnings.

Don’t forget to check out our premarket coverage here

Price Action: Exxon Mobil shares fell 1.2% to settle at $108.71, while Broadcom shares gained 4.8% to close at $865.14 on Monday. Microsoft shares rose 1.7% to settle at $321.88, while Diamondback Energy shares rose 0.3% to $148.45 on Monday.

Check This Out: Investor Optimism Improves Slightly After Nasdaq Ends 4-Session Losing Streak

Photo: Shutterstock

 

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