Twilio, Transocean, Blackstone And More On CNBC’s ‘Final Trades’ - Twilio (NYSE:TWLO), Blackstone (NYSE:B

On CNBC’s "Halftime Report Final Trades," Jim Lebenthal, partner and chief market strategist at Cerity Partners, recommended Transocean Ltd.

(NYSE:RIG), an energy stock.

Lending support to his choice, Transocean, on Aug. 5, posted better-than-expected second-quarter earnings and raised its FY2026 sales forecast.

The company reported quarterly earnings of 3 cents per share, which beat the analyst consensus estimate of 2 cents per share.

The company reported quarterly sales of $966.000 million, which beat the analyst consensus estimate of $959.900 million.