Skip to main content

Market Overview

Uber, Western Union, Live Nation Entertainment And A Health Care Stock On CNBC's 'Final Trades'

Share:
Uber, Western Union, Live Nation Entertainment And A Health Care Stock On CNBC's 'Final Trades'

As investors navigate a volatile market landscape, attention turns to upcoming earnings reports from major companies, which could provide insights into broader economic trends. This earnings season, analysts and investors are closely watching key players like AbbVie, Uber, and Western Union for signs of growth and stability amid shifting market dynamics.

On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said she likes AbbVie Inc. (NYSE:ABBV) technically going into earnings at the end of the month. The stock is expected to see a breakout after earnings on July 31.

Analysts expect the company to report quarterly earnings at $2.91 per share, up from $2.65 per share in the year-ago period. The company projects quarterly revenue of $15.04 billion, compared to $14.46 billion a year earlier.

Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Uber Technologies, Inc. (NYSE:UBER) is expected to report a good quarter.

Uber will hold its quarterly conference call to discuss its second-quarter financial results on Wednesday, August 6. Analysts expect the company to report quarterly earnings of 62 cents per share on revenue of $12.46 billion.

Don't forget to check out our premarket coverage here

Jenny Van Leeuwen Harrington, Chief Executive Officer of Gilman Hill Asset Management, LLC, named The Western Union Company (NYSE:WU) as her final trade.

On the earnings front, Western Union will host a webcast and conference call to discuss second-quarter results on July 28.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, said Live Nation Entertainment, Inc. (NYSE:LYV) appears to be breaking out ahead of earnings.

Guggenheim analyst Curry Baker reiterated a Buy rating for Live Nation Entertainment on June 18 and maintained a $170 price target.

Price Action:

  • AbbVie shares gained 1.8% to close at $190.55 on Wednesday.
  • Uber shares fell 2% to close at $89.94 during the session.
  • Western Union shares gained 2.6% to settle at $8.82 on Wednesday.
  • Live Nation Entertainment shares gained 1.8% to close at $153.67.

Check This Out:

Photo: Shutterstock

 

Related Articles (LYV + ABBV)

View Comments and Join the Discussion!

Posted-In: Bryn Talkington CNBC Halftime Report Final TradesLong Ideas News Markets Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com