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CAG

ConAgra's CEO expressed confidence in managing through a potential port strike without significant impact, having pre-purchased ingredients to mitigate disruptions. However, a prolonged strike could pose larger challenges.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:52 pm

CAG

ConAgra Brands' CEO has stated that the company has been preparing for a potential strike at U.S. East Coast ports by working closely with suppliers and their suppliers for months.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:51 pm

MCD

McDonald's has posted a picture on X suggesting a collaboration with Twitch streamer Kai Cenat, indicating an upcoming event or promotion on October 10th.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:50 pm

CRM

MSFT

Salesforce's AgentForce platform, powered by the Atlas engine, is now considered 'on par' with Microsoft's offerings, leading to an upgrade by Piper Sandler analysts. The platform's potential to significantly increase Salesforce's total addressable market has resulted in a raised price target from $270 to $400.

Portfolio Pulse from Priya Nigam

October 02, 2024 | 3:48 pm

ADP

FXI

ITA

RTX

The article discusses the potential investment opportunities in missile defense stocks, particularly highlighting RTX Corp (NYSE:RTX) due to its involvement in missile defense systems like the Iron Dome. The article also mentions the iShares US Aerospace & Defense ETF (BATS:ITA) as a recommended ETF for defense investments. Additionally, it touches on the strong employment data from Automatic Data Processing Inc (NASDAQ:ADP) and a buying stampede in Hong Kong stocks, with a focus on the iShares China Large-Cap ETF (NYSE:FXI).

Portfolio Pulse from The Arora Report

October 02, 2024 | 3:46 pm

COST

Costco has expanded its precious metal offerings by adding platinum bars to its product lineup. This move follows the company's previous success in selling gold and silver bars, indicating a growing interest in precious metals among its customers.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:40 pm

F

FTXR

RDIV

Ford Motor Company reported a 4% increase in U.S. retail sales for Q3, with a 12.2% rise in EV sales, making it the second-largest EV brand in the U.S. Despite these positive sales figures, Ford's stock is trading lower. The company also leads in several vehicle categories and has seen a 30% increase in subscriptions to its Ford Pro Intelligence software. Ford is seeking government subsidies in the UK to boost EV sales.

Portfolio Pulse from Nabaparna Bhattacharya

October 02, 2024 | 3:37 pm

GSK

NVAX

SNY

Hungary and Italy have reported outbreaks of the highly pathogenic H5N1 bird flu on farms, according to the World Organization for Animal Health. This could impact companies involved in vaccine production and poultry industries.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:35 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has opened its first restaurant in Dubai in partnership with Alshaya Group, marking its entry into the UAE market. This expansion follows its recent entry into Kuwait, indicating a strategic move into the Middle East.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:31 pm

LW

Lamb Weston announced the closure of its Connell, Washington facility, reducing its North American capacity by over 5%. The company expects the European potato crop to align with historical averages, while the North American crop is anticipated to be slightly above average.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:20 pm