Uber Technologies, Blackstone And A Major Healthcare Company: CNBC's 'Final Trades'

Author: Priya Nigam | September 14, 2023 08:52am

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners said Uber Technologies, Inc. (NYSE:UBER) will have exceptional growth in 2024.

Uber signed a multi-year global deal with PayPal Holdings Inc (NASDAQ:PYPL), deepening PayPal's role as a critical strategic partner.

Karen Firestone of Aureus Asset Management said Blackstone Inc. (NYSE:BX) is on the uptrend and was added to the S&P 500 recently. With interest rates peaking, this is a good time to buy the stock, she added.

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Blackstone recently disclosed that its Tactical Opportunities business closed the fourth flagship commingled fund, Blackstone Tactical Opportunities Fund IV (BTO IV), raising a record capital commitment of $5.2 billion.

Joseph Terranova of Virtus Investment Partners named ICON Public Limited Company (NASDAQ:ICLR), a clinical research company with a $21 billion market cap.

ICON said it is partnering with the U.S. Biomedical Advanced Research and Development Authority (BARDA) to execute a clinical trial to evaluate the effectiveness of next generation COVID-19 vaccine candidates.

Price Action: ICON shares gained 3% to close at $265.10, while Blackstone shares rose 0.2% to settle at $112.75 on Wednesday. Uber’s stock rose 0.5% to settle at $48.16 on Wednesday.
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Image courtesy of Uber

Posted In: BX ICLR PYPL UBER