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.
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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.
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