Streetbeat News

Earnings

TSLA

Tesla's Q3 deliveries were 462,890 vehicles, slightly above consensus estimates, marking a return to delivery growth. Analysts see this as a positive step but note more work is needed. Upcoming catalysts include Robotaxi Day and Q3 financial results.

Portfolio Pulse from Chris Katje

October 02, 2024 | 4:21 pm

HUM

JOBY

NKE

U.S. stocks rose with the Dow gaining 100 points. Joby Aviation shares spiked 20% after Toyota's $500 million investment. Nike reported mixed Q1 results, missing revenue estimates but beating earnings expectations. Humana shares fell 18% due to a decline in Stars performance.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 4:01 pm

CIEN

JOBY

RPM

RPM International reported better-than-expected earnings, leading to a 7.2% rise in its stock. Other stocks like Joby Aviation and Ciena Corporation also saw gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 3:41 pm

NKE

UA

Under Armour shares are declining in response to Nike's revenue miss in its first-quarter report. Nike's revenue fell short of expectations, impacting Under Armour's stock as it moves lower in sympathy with Nike.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 3:38 pm

GM

An options alert for General Motors (GM) indicates a sweep of 2000 call options at a strike price of $46.5, priced at $0.761, with an open interest of 1087. This activity comes ahead of GM's earnings report on October 22.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:31 pm

LW

Lamb Weston is executing a restructuring plan expected to improve working capital and generate $55 million in savings from manufacturing, supply chain, and SG&A expenses. Most restructuring costs will be recorded in Q2.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:20 pm

ADTX

API

AREB

EGRX

KXIN

MTC

U.S. stocks edged lower with the Dow Jones, NASDAQ, and S&P 500 all experiencing slight declines. Energy shares rose, while consumer discretionary shares fell. Private employment exceeded expectations with 143,000 new jobs in September. Notable stock movements included significant gains for Kaixin Holdings, Agora, and MMTec, while American Rebel Holdings, Eagle Pharmaceuticals, and Aditxt saw substantial declines.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 2:16 pm

RPM

RPM International shares rose following the announcement of better-than-expected Q1 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 2:10 pm

SPY

The article discusses the market adage 'Sell Rosh Hashanah, Buy Yom Kippur,' which has proven successful in 2023. The SPDR S&P 500 ETF Trust (SPY) is highlighted as a key index reflecting this trend. Despite geopolitical tensions and upcoming economic data releases, the market has shown resilience. Investors are advised to consider their long-term objectives when making decisions.

Portfolio Pulse from Joel Elconin

October 02, 2024 | 1:55 pm

NKE

Nike's Q1 revenue missed estimates, causing a decline in shares of footwear and athletic apparel stocks.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:25 pm