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US stocks traded lower with the Nasdaq Composite falling more than 1.7%. Amazon, Ford, Intel, Chipotle, and Apple were the top stocks that gained the attention of retail traders and investors. Amazon's Q3 revenue surged by 13% YoY to $143.1 billion, beating expectations. Ford reported an 11% YoY increase in Q3 revenue, amounting to $44 billion. Intel's Q3 earnings per share stood at 41 cents, surpassing the estimated 22 cents per share. Chipotle's Q3 revenue rose by 11.3% YoY to $2.5 billion. Apple is reportedly considering introducing two budget-friendly MacBook models tailored for the education sector.

Portfolio Pulse from Benzinga Neuro

October 27, 2023 | 1:33 am

DB

SCBFF

Deutsche Bank and Standard Chartered's SC Ventures are testing a system that enables blockchain-based transactions, stablecoins, and CBDCs to interact with each other, similar to the SWIFT messaging layer in traditional banking. The system was developed by GFT Group and Red Date Technology. It includes transferring and swapping USDC stablecoins on the Universal Digital Payments Network (UDPN), a permissioned blockchain system run by a consortium of banks.

Portfolio Pulse from Khyathi Dalal

October 26, 2023 | 9:36 pm

AAPL

MASI

The U.S. International Trade Commission (ITC) has issued an order potentially barring Apple from importing its Apple Watches due to a patent violation with medical technology company Masimo. The decision can be vetoed by the Biden administration within 60 days or appealed by Apple. This is part of an ongoing intellectual-property dispute between Apple and Masimo. Apple's wearables, home and accessory business, which includes the Apple Watch, earned the company $8.28 billion in Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:30 pm

WBD

Warner Bros. Discovery Inc's (NASDAQ:WBD) NetherRealm's Mortal Kombat 1 is facing backlash from fans due to the introduction of paid microtransactions for seasonal Halloween Fatalities. The company also introduced premium Halloween Finishers, which require payment. Fans are disappointed by this pay-to-access feature, expressing concerns about developers establishing a troubling precedent of charging for Fatalities and potentially introducing more paid content in the future.

Portfolio Pulse from Franca Quarneti

October 26, 2023 | 9:29 pm

INTC

Intel's CEO has announced that the sales pipeline for Gaudi and AI accelerator chips has nearly doubled in the last 90 days, according to a conference call.

Portfolio Pulse from Charles Gross

October 26, 2023 | 9:23 pm

JPM

JPMorgan Chase & Co's digital token, JPMorgan Coin, handles $1 billion worth of transactions daily, a significant increase from four months ago. The token, which allows wholesale clients to make dollar and euro-denominated payments through a private blockchain network, has completed $300 million in transactions since its launch in 2020. The bank is also exploring a digital deposit token for enhancing cross-border settlements.

Portfolio Pulse from Khyathi Dalal

October 26, 2023 | 9:23 pm

CYBN

DMTTF

Cybin (NYSE:CYBN) has received three new international patents for its deuterated psychedelics programs, two from the United States Patent and Trademark Office and one from the European Patent Office. The patents protect the composition of matter for certain deuterated DMT analogs and their medical use. The company's development programs are now protected by 33 granted patents and over 170 pending applications. Cybin is currently conducting Phase 1 clinical trials for its deuterated DMT compounds CYB004 and SPL028, and a Phase 2 clinical trial for its deuterated psilocybin analog CYB003.

Portfolio Pulse from Lara Goldstein

October 26, 2023 | 9:21 pm

DKNG

FOX

PDYPY

SONY

The Arizona Diamondbacks and Texas Rangers are set to compete in the 2023 World Series, a surprising outcome given their underdog status at the start of the season. A bettor with FanDuel, a unit of Flutter Entertainment (OTC:PDYPY), placed a $25 bet on this outcome, which paid out $4,750. DraftKings (NASDAQ:DKNG) lists the Rangers as the favorite in the series. The games will be broadcast on Fox, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA). The Diamondbacks' postseason was predicted by a simulation of Sony Group Corp's (NYSE:SONY) 'MLB The Show 23' video game.

Portfolio Pulse from Chris Katje

October 26, 2023 | 9:17 pm

F

A Ford executive has stated that the growth of electric vehicles (EVs) is slower than expected, and there is currently significant downward pressure on EV prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:02 pm

ORN

Orion has launched PRINTEX Kappa 10, a new product produced with furnace technology in Europe and eventually in Asia. This marks a crucial expansion of Orion's portfolio of conductive additives.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:00 pm