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Stock Prices

TAL

TCOM

Trip.com Group Ltd (NASDAQ:TCOM) and TAL Education Group (NYSE:TAL) are identified as overbought stocks in the consumer discretionary sector, with RSI values above 70. Despite recent gains, both stocks experienced a decline in their share prices.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:31 am

JBLU

SAVE

Spirit Airlines' stock plummeted over 40% due to bankruptcy discussions with bondholders. The airline is considering a Chapter 11 filing to manage its $3.3 billion debt. JetBlue's stock rose by 5.16% following the news.

Portfolio Pulse from Benzinga Neuro

October 04, 2024 | 11:25 am

LFCR

Lifecore Biomedical has successfully raised $24.3 million through a private placement of common stock, priced at $4.10 per share. This capital raise could support the company's growth and operational strategies.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:23 am

BTI

CAG

FARM

The article highlights three oversold stocks in the consumer staples sector with potential for short-term gains: Farmer Bros Co (FARM), British American Tobacco PLC (BTI), and Conagra Brands Inc (CAG). These stocks have RSI values below 30, indicating they are oversold and may present buying opportunities.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:00 am

SPY

USO

U.S. markets closed lower due to concerns over the September payrolls report and rising oil prices amid Middle East tensions. Jobless claims increased slightly, and most S&P 500 sectors saw losses, except for energy and IT. Asian markets were mixed, with Japan's Nikkei rising and Australia's ASX falling. European markets showed modest gains, while oil prices rose due to geopolitical concerns.

Portfolio Pulse from Akanksha Bakshi

October 04, 2024 | 10:57 am

TSLA

Mark Cuban has offered to help Elon Musk boost revenue for X (formerly Twitter) amid challenges like advertiser boycotts and regulatory issues. Cuban admires Musk's achievements but critiques his online behavior. The offer comes as X struggles with content moderation and user engagement.

Portfolio Pulse from Kaustubh Bagalkote

October 04, 2024 | 10:53 am

JBLU

NVDA

QQQ

SAVE

SPY

US stocks are on edge as traders await the crucial jobs report. AI stocks received a boost from OpenAI's funding and Nvidia's strong demand for new chips. Spirit Airlines is exploring bankruptcy after a failed merger with JetBlue, which saw its stock rise. The SPDR S&P 500 ETF and Invesco QQQ ETF showed gains in premarket trading.

Portfolio Pulse from Shanthi Rexaline

October 04, 2024 | 10:20 am

APOG

Apogee Enterprises has raised its fiscal year 2025 adjusted earnings per share (EPS) guidance to a range of $4.90 to $5.20, up from the previous range of $4.65 to $5.00. This new guidance is above the consensus estimate of $4.82.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 10:18 am

APOG

Apogee Enterprises reported Q2 2025 earnings per share of $1.44, surpassing the analyst estimate of $1.23. Sales were $342.44 million, exceeding the expected $335.29 million, despite a 3.18% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 10:13 am

TSLA

Tesla has started inviting reservation holders to order the more affordable non-foundation series Cybertruck, with prices starting at $79,990. This move indicates that production of these models is imminent, aligning with Tesla's plans to ramp up production to 2,500 units per week by the end of the year.

Portfolio Pulse from Anan Ashraf

October 04, 2024 | 10:13 am