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PRE

Prenetics Global (NASDAQ:PRE) reported Q3 earnings with an EPS of $-0.05, which was in line with estimates. However, revenue saw a significant decrease from the same period last year, down $74.81 million. The company's past earnings performance shows variability in meeting EPS estimates and fluctuating revenues. Last quarter's EPS miss was followed by a 2.06% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 11:05 am

OSCR

Mark Bertolini's Foundation, Anahata, and Deerfield Management have entered into an agreement with a selling shareholder to purchase a total of 5,000,000 shares of Oscar Health's Common Stock. Deerfield will acquire 3,000,000 shares, while Anahata will purchase 2,000,000 shares.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 11:04 am

LEGN

Legend Biotech (NASDAQ:LEGN) reported Q3 earnings with a loss of $0.17 per share, surpassing the consensus estimate of a $0.65 loss by 73.85%. Year-over-year, this represents a 34.62% improvement from a $0.26 loss per share. However, Q3 sales of $96.01M fell short of the $97.28M estimate by 1.31%, despite a significant 250.91% increase from the previous year's $27.36M.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 11:03 am

TYL

Needham analyst Joshua Reilly has reiterated a Buy rating on Tyler Technologies (NYSE:TYL) and maintained a $475 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:59 am

AAPL

DIS

TSLA

Over the weekend, Bitcoin's price is expected to rise towards $50,000 despite SEC delays in ETF approvals. Tesla Inc. faces an ad boycott and investor criticism due to CEO Elon Musk's controversial posts, with a notable investor switching to a Rivian vehicle. Apple Inc., along with other major companies like Walt Disney, Warner Bros. Discovery, and IBM, have pulled ads from a platform following Musk's controversial statements. OpenAI's CEO Sam Altman was unexpectedly ousted, with CTO Mira Murati stepping in as interim CEO. Tributes were paid to former First Lady Rosalynn Carter after her passing.

Portfolio Pulse from Benzinga Neuro

November 20, 2023 | 10:56 am

A

BKE

GPS

KEYS

ZM

The CNN Money Fear and Greed index moved to the 'Greed' zone, indicating improved market sentiment. The S&P 500 recorded gains for the third consecutive week. The Gap, Inc. (GPS) and The Buckle, Inc. (BKE) saw significant stock price increases after reporting strong Q3 results. Housing starts and building permits in the U.S. showed growth. Most S&P 500 sectors ended positively, except for communication services and IT. Investors are looking forward to earnings from Keysight Technologies (KEYS), Zoom Video Communications (ZM), and Agilent Technologies (A).

Portfolio Pulse from Lisa Levin

November 20, 2023 | 10:55 am

SY

So-Young Intl (NASDAQ:SY) reported Q3 earnings with an EPS of $0.01, missing estimates by 50%. Revenue increased by $7.36 million from the same period last year. Last quarter, the company beat EPS estimates which led to a 2.29% rise in share price the following day.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 10:55 am

BABA

Alibaba Group Holding Limited (NYSE:BABA) is focusing on four new business pillars to drive growth, following the halt of its cloud unit spin-off due to U.S. chip export restrictions. CEO Eddie Wu Yongming emphasized innovation in key areas and announced the creation of independent subsidiaries for greater market flexibility. Alibaba also acquired a minority stake in Vietnamese beauty chain Hasaki, aiming for a 35% local market share by 2027. Amidst rumors of layoffs, Alibaba declared the speculations false and reported the matter to the police.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 10:54 am

MS

Exane BNP Paribas analyst Jeremy Sigee downgraded Morgan Stanley (NYSE:MS) from Outperform to Neutral and set a price target of $85.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 10:49 am

ZEPP

Zepp Health (NYSE:ZEPP) reported Q3 earnings with EPS of $0.03, meeting estimates, but with a revenue decline of $86.98 million year-over-year. The company's past earnings performance shows a pattern of not meeting EPS estimates, with the last quarter missing by $0.14, yet the share price remained stable the following day.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 10:45 am