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This week, Tesla and Netflix are in the earnings spotlight, with analysts divided on Q3 reporting season. Pfizer, Charles Schwab, and three other stocks are also on investors' radar. In crypto news, Dogecoin's path to $1 is being watched closely, while Shiba Inu's burn rate has increased by 270%. Apple is rumored to be launching new iPads this week. Tesla CEO Elon Musk has been boasting about the company's Full Self-Driving technology, and a job posting suggests Tesla may be expanding into South America.

Portfolio Pulse from Akanksha Bakshi

October 16, 2023 | 12:41 pm

NNDM

Nano Dimension has reported a preliminary Q3 revenue of $12.2 million, which is a 22% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:39 pm

INDI

indie Semiconductor has announced that it expects its Q3 revenue to exceed $60M, which is slightly higher than its previous guidance.

Portfolio Pulse from Bill Haddad

October 16, 2023 | 12:32 pm

YTRA

Yatra Online (NASDAQ:YTRA) reported Q1 earnings of $0.39 per share, beating the analyst consensus estimate of $(0.02) by 2050 percent. However, the company's quarterly sales of $13.48 million missed the analyst consensus estimate of $13.57 million by 0.69 percent.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:22 pm

AT&T Inc. (NYSE:T) is set to release its latest quarterly earnings on Thursday, Oct. 19. Options markets are predicting a +/-5% move in AT&T's stock post the earnings release. A buyer purchased 3,324 of the Jan. 15-calls at an average price of 50 cents per contract, indicating an expectation that AT&T's stock will trade above $15.50 by January expiration. Analysts predict the telecom's quarterly earnings to be at 62 cents per share on revenue of $30.19 billion.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 12:22 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) is set to release its latest quarterly earnings on Oct. 18, 2023. Ahead of this, Tesla's options trading volume surged 25% above its average. Options markets are implying a +/-6% move following the earnings release. Traders expect Tesla’s stock to trade below $229 by December. Analysts expect Tesla to post quarterly earnings at 74 cents per share on revenue of $24.16 billion.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 12:15 pm

RARE

Ultragenyx Pharmaceutical has projected its interim Q3 FY23 sales to be between $96M-$100M, which is lower than the consensus estimate of $113.33M. The company also reported cash, cash equivalents, and marketable debt securities of approximately $525M.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:15 pm

CTHR

GPRO

RRGB

The article lists three consumer stocks that are considered oversold and may present buying opportunities. These include Charles & Colvard, Ltd. (CTHR), GoPro, Inc. (GPRO), and Red Robin Gourmet Burgers, Inc. (RRGB). Charles & Colvard reported a Q4 loss and a challenging macroeconomic backdrop, but maintains a strong cash position. GoPro is set to release its Q3 financial results on Nov. 7, 2023. Red Robin reported better-than-expected quarterly results and is executing a plan to invest in its people, food, and hospitality.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 12:13 pm

VSTO

Vista Outdoor has lowered its FY24 guidance due to challenging economic conditions and other short-term factors. The company now expects sales of $2.725 billion to $2.825 billion, adjusted EPS of $3.65 to $4.05, and an effective tax rate of approximately 19.5%. This is lower than the estimated sales of $2.87 billion and EPS of $4.69.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:08 pm

VSTO

Vista Outdoor Inc. (NYSE:VSTO) has announced a definitive agreement to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is part of Vista Outdoor's plan to split the company into separate entities. The deal is expected to close in 2024. Vista Outdoor also provided a preview of its Q2 2024 financial results and revised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:06 pm