On CNBC’s “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management named Alphabet Inc. (NASDAQ:GOOGL) as his final trade.
Alphabet’s Google announced its annual Pixel hardware event will be held on Oct. 4 in New York City. The company is expected to launch the Pixel 8 and Pixel 8 Pro smartphones along with the Pixel Watch 2.
Jim Lebenthal of Cerity Partners named Transocean Ltd. (NYSE:RIG). “Forget the downturn over the last month, it’s absolutely meaningless,” he added.
Transocean said that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India.
Stephanie Link of Hightower said Elanco Animal Health Incorporated (NYSE:ELAN) trades at 14 times earnings.
Elanco Animal Health reported strong quarterly earnings and raised its 2023 financial guidance.
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Price Action: Elanco Animal shares fell 1.7% to settle at $12.40, while Transocean shares rose 2.9% to close at $8.17 on Wednesday. Alphabet shares gained 1% to close at $135.88 on Wednesday.
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