SECTOR NEWS HIGHLIGHTS TECH/MEDIA/TELECOM: 🔸 Netflix ( $NFLX): Beats Q1 earnings; strong Q2 guidance. 🔸 Nvidia ( $NVDA): Down 3% on Huawei AI chip shipment news. 🔸 Cognizant ( $CTSH)/DocuSign ( $DOCU): Expand partnership. 🔸 Disney ( $DIS): Upgraded to Outperform at Wolfe Research; $112 target. 🔸 Tempus AI ( $TEM): Initiated with Buy at BTIG; $60 target. CONSUMER: 🔸 Amazon ( $AMZN): Downgraded at Raymond James; price target cut to $195 from $275. 🔸 QXO: Extends $124.35/share tender offer for Beacon Roofing (BECN). 🔸 Tesla ( $TSLA): Affordable car launch delayed; low-cost Model Y production to begin in U.S. ENERGY/INDUSTRIALS/MATERIALS: 🔸 Boeing ( $BA): Returning rejected 737 Max jets from China to U.S. 🔸 Cosco Shipping: Warns U.S. tariffs on Chinese ships threaten global trade. 🔸 EU: Eases methane rules to avoid gas-related trade clash with U.S. FINANCIALS: 🔸 Capital One ( $COF): Gets approval to acquire Discover (DFS), becoming top U.S. credit card lender. 🔸 Comerica ( $CMA): Beats Q1 estimates; EPS $1.25 vs est. $1.18. 🔸 Global Payments ( $GPN): Downgraded at Jefferies; target cut to $75. 🔸 Independent Bank ( $INDB): Misses Q1 EPS; raises dividend by 4%. HEALTHCARE: 🔸 Pacira ( $PCRX): Approves $300M stock buyback. 🔸 Regeneron ( $REGN)/Sanofi (SNY): FDA approves Dupixent for chronic hives in patients 12+.

#Upgrades - Sep 24, 2024 $BANC: Wedbush Upgrades to Outperform from Neutral - PT $18 (from $14) $BNTX: Morgan Stanley Upgrades to Overweight from Equalweight - PT $145 (from $93) $CMA: Wedbush Upgrades to Outperform from Neutral - PT $75 (from $52) $CNH: Raymond James Upgrades to Outperform from Market Perform - PT $14 $COLB: Wedbush Upgrades to Outperform from Neutral - PT $31 (from $28) $CRM: Piper Sandler Upgrades to Overweight from Neutral - PT $325 (from $268) $LOW: Oppenheimer Upgrades to Outperform from Perform - PT $305 (from $230) $PB: Wedbush Upgrades to Outperform from Neutral - PT $90 (from $75) $RF: Wedbush Upgrades to Outperform from Neutral - PT $28 (from $23) $RYAN: BMO Capital Upgrades to Outperform from Market Perform - PT $75 (from $65) $WMT: Truist Securities Upgrades to Buy from Hold - PT $89 (from $76)