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ADP

AMD

LLY

NVDA

NVO

The article discusses the impact of recent earnings reports and economic data on various stocks and the broader market. AMD's stock fell despite meeting earnings expectations due to unmet whisper numbers for AI GPU guidance. Nvidia's software advantage is highlighted as a reason for AMD's struggle. ADP data shows strong job growth, potentially affecting Fed rate decisions. Eli Lilly's stock dropped after missing earnings expectations, impacting Novo Nordisk as well. Money flows are positive in some tech stocks but negative in others, including major ETFs.

Portfolio Pulse from The Arora Report

October 30, 2024 | 7:25 pm

VFC

VF Corp shares rose following the announcement of new financial targets at its investor day event.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:20 pm

MIR

Mirion Technologies shares rose after the company reported better-than-expected Q3 earnings and increased its FY24 sales guidance.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:14 pm

EEX

Emerald shares declined following the release of disappointing Q3 financial results and FY24 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:06 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has significantly outperformed the market over the past 5 years, with an annualized return of 49.98%. A $1000 investment in ANF 5 years ago would now be worth $7,805.25, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 7:00 pm

CVNA

Carvana (NYSE:CVNA) has delivered an impressive annualized return of 21.04% over the past 5 years, outperforming the market by 7.42%. A $100 investment in Carvana 5 years ago would now be worth $255.21, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 7:00 pm

SOFI

SoFi Technologies Inc (NASDAQ:SOFI) reported strong Q3 results, surpassing revenue and earnings estimates, leading to increased price targets from analysts. The company raised its fiscal year 2024 guidance, projecting significant growth in revenue and EBITDA. Analysts highlighted SoFi's growth in loan sales and platform fees, with potential for further upward revisions if interest rates normalize.

Portfolio Pulse from Anusuya Lahiri

October 30, 2024 | 6:57 pm

RDDT

Reddit Inc. (NYSE:RDDT) shares surged after reporting strong Q3 results, exceeding earnings and revenue expectations. The company also provided positive Q4 revenue guidance, leading multiple analysts to raise their price targets.

Portfolio Pulse from Vaishali Prayag

October 30, 2024 | 6:50 pm

PEP

Pepsico executives have revealed that retailers are sharing purchase data with the company to enhance sales forecasting. This collaboration aims to improve the accuracy of sales predictions, potentially benefiting Pepsico's operational efficiency and market strategy.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:48 pm

URI

United Rentals (NYSE:URI) has significantly outperformed the market over the past 5 years, with an annualized return of 41.05%. A $100 investment in URI 5 years ago would now be worth $559.33, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 6:30 pm