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Transocean, Elanco Animal And This Major Tech Stock: CNBC's 'Final Trades'

Published 31/08/2023, 13:35
© Reuters.  Transocean, Elanco Animal And This Major Tech Stock: CNBC's 'Final Trades'
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Benzinga - by Priya Nigam, Benzinga Staff Writer.

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.

Don’t forget to check out our premarket coverage here

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.

Check This Out: Investor Optimism Improves Further As Investors Assess Economic Reports

Image: Pixabay

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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