The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

1010 ET - GE HealthCare Technologies posts 2Qcrevenue of $5.3 billion, up 5.8% from last year and ahead of Wall Street models. CEO Peter Arduini on a call with analysts attributes the growth to strength across the company's pharmaceutical diagnostics unit, as well as its advanced imaging solutions arm. "Patient care solutions performance remained challenged," he says. "While we are focused on returning the business to growth and profitability, we are reviewing strategic options to maximize its long-term value." GE HealthCare jumps 12% after the medical-technology company posts higher-than-expected adjusted EPS in the recent quarter. (connor.hart@wsj.com)

1002 ET - Erste Group Bank's new medium-term targets are positive, with the 2030 EPS target about 5% above Citi's forecast of 14.34 euros, Citi says in a research note. In support of its outlook, Erste points to growth in lending, deposits, and asset management, a solid risk environment, and better operating efficiency, among other factors. Citi says the statement also supports its view that Erste will look to increase its stake in Erste Bank Polska sooner rather than later. Shares trade 1.8% higher at 115.90 euros. (sarah.sloat@wsj.com)

0957 ET - Zillow says the U.S. housing market is splitting in two. Luxury homes are selling at a faster pace than a year ago, with shrinking supply and growing bidding wars. Starter homes are piling up on the market, sitting longer and drawing price cuts as buyers fail to show up. The pattern mirrors a broader economic divide, with stock market gains supporting demand at the high end while rising everyday costs weigh on potential starter home buyers. Zillow says the typical luxury home is worth about $1.9 million, up 3.1% from a year ago. Inventory for starter homes rose 4.5% year over year in June, while luxury home inventory fell 5.2%. Price cuts were more common on starter homes, with 25% of starter homes cutting their price in June, compared to 20.6% of luxury home listings. (chris.wack@wsj.com)

0943 ET - Gerresheimer should regain some agility after selling two businesses to funds affiliated with Apax Partners, Bernstein says in a research note. Besides deleveraging, the transaction supports management credibility following a regulatory investigation, according to analyst Delphine Le Louet. The German medical packaging company should now shift toward reorganizing its glass business, the analyst says. "We can't yet call it a rebirth as many financial details are missing from this announcement, including current business performance, but we believe Gerresheimer's new management has taken a significant step towards establishing a new perimeter and a new vision for a more scalable and profitable business in the short and medium term," the note says. Shares trade 8% higher at 28.66 euros. (sarah.sloat@wsj.com)

0934 ET - Procter & Gamble is expecting to take a $1 billion hit to earnings this year due to high gas prices. The projection is based on an estimate that the Brent crude oil price will be $90 a barrel, given the ongoing war with Iran, executives tell analysts on a call. Along with high fuel costs, P&G says it is also dealing with freight and trucking surcharges, supplier inflation and extra non-commodity costs tied to the conflict. P&G estimates EPS will fall 5% or more year-over-year in F1Q, with the majority of cost impacts happening in the first half of its new fiscal year. Procter & Gamble falls 4% in early trading.(katherine.hamilton@wsj.com)

0830 ET - Bitcoin gains modestly as U.S. stock futures mostly rise ahead of the Federal Reserve's policy decision at 1800 GMT and earnings from tech giants. "Although it's unlikely that the Fed will hike interest rates on Wednesday, the new regime at the central bank has done away with forward guidance, increasing the risk of surprises," XM analyst Raffi Boyadjian says in a note. Microsoft and Meta are both due to publish results after Wall Street closes. Any signs that more big tech companies are tapping into their free cash flow to pay for costly AI vanity projects will likely spook investors, Boyadjian says. Bitcoin rises 0.8% to $64,387, LSEG data show.(renae.dyer@wsj.com)

0806 ET - Intesa Sanpaolo raised its full-year outlook for net profit and beat expectations for the second quarter, which was mainly driven by higher-than-expected trading income, RBC Capital Markets' Pablo de la Torre Cuevas says. The Italian bank now expects net interest income well above 15 billion euros, having previously forecast growth relative to the 14.8 billion euros it reported last year. Investors will want to know more about Intesa's assumptions behind the updated outlook for net interest income, and its proposed acquisition of rival Banca Monte dei Paschi di Siena also remains in focus, the analyst says. A takeover would make sense for Intesa in the long term, but a competing proposal from Banco BPM for a merger with Monte dei Paschi will likely interfere in the final outcome, he adds. (adria.calatayud@wsj.com)

0750 ET - Hermes's boss Axel Dumas says he is slightly concerned about the business performance in France. "French clients continue to come to our stores, but with a smaller basket than in other European countries," he says during an earnings call. The Parisian luxury house saw fewer tourists in its home market during the first half, especially visitors coming from the Middle East. These customers have stayed in their countries and this has affected French shops, especially those in Paris, Dumas says. Despite this, the CEO says that sales in the second quarter have speeded up in French stores. (andrea.figueras@wsj.com)

0746 ET - Porsche results are strong, driven by higher sales of its 911 models and lower-than-expected restructuring costs of 100 million euros, but management points to 2027 being a transition year for the company, RBC Capital Markets analyst Tom Narayan writes. Maintained full-year guidance does suggest slight upside to consensus numbers, even with the second-quarter beat, he adds. However, the company faces headwinds from electric-vehicle margins, the phase out of the petrol-powered Macan and continued restructuring costs next year. "We expect more details on the multi-year recovery story to be discussed at the company's October 7 investor day." Shares fall 1%. (dominic.chopping@wsj.com)

0729 ET - Aston Martin's results suggest the automaker is starting to become a more financially resilient business, but the challenge now is proving this is the start of a more durable recovery, Mark Crouch of Etoro writes. Investors have heard promises of recovery before, only to watch the shares drift lower, so there is understandable skepticism whenever management points to improving momentum, Crouch says. This time, however, there are more tangible signs of progress, with strong Valhalla supercar deliveries driving sharp improvement in profitability, narrowing cash outflows, and a refinancing that has eased immediate concerns over liquidity. "This is an important milestone, not the finish line," he says. "Yet maintaining full-year guidance while strengthening the balance sheet should give even cautious investors reason to take another look." Shares rise 2%. (dominic.chopping@wsj.com)

0724 ET - Reckitt's first-half results were good to quell concerns among investors that there could be full-year downgrades, RBC's James Edwardes Jones says in a note. Reckitt backed its guidance in the results on Wednesday, which was 4% to 5% organic sales growth. Investment in its own brand rose 70 basis points in the quarter, which was welcome, the analyst adds. It seems emerging markets benefited from the investment in brands, with Dettol growth being particularly strong. Shares are up 2.55% at 5,306 pence. (aimee.look@wsj.com)

0719 ET - The Swiss franc could fall further as subdued inflationary pressures should prevent the Swiss National Bank from raising interest rates, Commerzbank's Michael Pfister says in a note. The SNB is likely to keep rates unchanged until the end of 2027, but the market continues to price in the chance of a rate rise, he says. "As our model suggests that imported inflationary pressure is moderate, the interest rate differential between the euro-area and Switzerland is likely to persist for some time." This should support the euro versus the franc over the medium term, he says. The euro rises to a six-and-a-half-month high of 0.9344 francs, LSEG data show.