Streetbeat News

Earnings

RIVN

Rivian has confirmed that its figures are in line with the company's expectations and it is on track to meet the 52,000 annual production guidance previously provided.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 12:47 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) has announced its Q3 2023 production totals, producing 16,304 vehicles and delivering 15,564 vehicles. These figures align with the company's expectations and it believes it is on track to meet the 52,000 annual production guidance. Rivian will release its Q3 2023 financial results on November 7th, after market close.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 12:46 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares recorded losses for the quarter, down around 5%. Options traders expect Tesla’s stock to move lower by 7% or more over the next three weeks. Investors are awaiting the release of production/delivery numbers for the third quarter, due this week. The company-compiled consensus figures put deliveries at 455,000 units compared to the Bloomberg-compiled consensus of 457,000 units.

Portfolio Pulse from Priya Nigam

October 02, 2023 | 12:20 pm

FFIE

JACK

PTLO

SCI

The article lists four consumer stocks that are currently oversold and may present a buying opportunity. These include Faraday Future Intelligent Electric Inc. (FFIE), Portillo's Inc. (PTLO), Jack in the Box Inc. (JACK), and Service Corporation International (SCI). The companies have recently announced various financial results and actions, such as equity offerings and quarterly results.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 12:11 pm

AEHL

Antelope Ent Hldgs (NASDAQ:AEHL) reported H1 EPS of $(3.40), up 54.67% from $(7.50) YoY. Sales also increased by 114.29% to $44.64M from $20.83M YoY.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:28 am

ARCH

Arch Resources Inc. (ARCH) has revised its full year 2023 guidance for coking coal sales volumes to 8.6 to 8.9 million tons. The company also adjusted its average metallurgical cash cost guidance to $88 to $91 per ton.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:06 am

GFAI

Guardforce AI Co (NASDAQ:GFAI) reported H1 adjusted EPS of $(0.75), a 78.26% improvement from $(3.45) YoY. Sales also increased by 8.68% to $18.41M from $16.94M YoY.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:03 am

ARCH

Arch Resources expects its Q3 coking coal sales volumes to remain generally in line with Q3 due to ongoing challenges mining in the first longwall district at its Leer South Mine.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:01 am

AEHL

CCL

UPXI

US stocks recorded quarterly losses, with the S&P 500 and Dow Jones closing lower. The CNN Money Fear and Greed index remained in the 'Fear' zone. Carnival Corp reported better-than-expected Q3 earnings. Most sectors on the S&P 500 closed negatively, except for consumer discretionary, real estate, and IT stocks. Investors are awaiting earnings results from Upexi Inc. and Antelope Enterprise Holdings Limited.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 9:21 am

AEHL

NIO

UPXI

XPEV

NIO Inc., Li Auto Inc., Antelope Enterprise Holdings Limited, Upexi Inc., and XPeng Inc. are the stocks to watch heading into Monday. NIO and Li Auto reported significant year-over-year increases in their September deliveries. Antelope Enterprise and Upexi are expected to report their financial results. XPeng also reported a substantial increase in its September deliveries.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 8:33 am