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MFC

Manulife Financial reported its Q3 adjusted EPS results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:41 pm

CTVA

Corteva Inc. reported lower than expected Q3 revenue results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:40 pm

BDX

Becton, Dickinson and Company (BDX) reported Q4 adjusted EPS of $3.42, slightly missing the consensus of $3.43. Sales were $5.09 billion, up 6.8% Y/Y, beating the consensus of $5.02 billion. The company declared a quarterly dividend of $0.95 per share, up 4.4% from the previous quarter. However, BDX shares are down 8.24% after the company issued lower than expected FY24 revenue and EPS guidance.

Portfolio Pulse from Vandana Singh

November 09, 2023 | 3:39 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, NVDA, and META. The memo provides price levels for each asset, based on a proprietary formula that considers price, volume, and options flow. The memo suggests monitoring these stocks for potential breakouts or reversals, and adjusting tactics based on the market's pulse.

Portfolio Pulse from RIPS

November 09, 2023 | 3:37 pm

COMM

CommScope Holding Company, Inc. (NASDAQ:COMM) reported Q3 net sales of $1.6 billion, missing the street view of $1.98 billion, a 33% Y/Y decline. Adjusted diluted EPS was $0.13, missing the analyst consensus of 30 cents. The company also reported a non-GAAP adjusted EBITDA of $248.6 million, down 28.5% Y/Y. Due to macroeconomic factors and reduced demand, the company has cut its Core adjusted EBITDA forecast to a range of $1.00 to $1.05 billion.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 3:34 pm

CIO

City Office REIT Inc (NYSE:CIO) reported Q3 FY23 rental and other revenues of $44.21 million, beating the consensus of $43.97 million. Core FFO per share was $0.34, down from $0.39 a year ago. Same Store Cash NOI increased 2.2% Y/Y. Total leasing activity was around 119,000 square feet in Q3. Net operating income was $26.6 million. As of September 30, 2023, cash and cash equivalents stood at $52.3 million, and total principal outstanding debt was around $674.3 million. CIO reiterated the outlook for FY23.

Portfolio Pulse from Lekha Gupta

November 09, 2023 | 3:34 pm

BILL

Trading of shares for BILL Holdings has resumed.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:34 pm

BILL

Shares of BILL Holdings were halted on a circuit breaker to the upside, but the stock is now down by 9.95%.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:32 pm

VEEV

VEEVA Systems has issued Q4, FY24 and FY25 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:29 pm

AAPL

AMZN

BTCUSD

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The US has temporarily gained an edge in the Middle East conflict, leading to a drop in oil prices and speculation of the Fed cutting rates. Jobless claims remain strong, indicating a robust jobs market. China is facing deflation with October CPI falling 0.1%. Early trade money flows are positive for Amazon, Alphabet, Meta Platforms, Microsoft, and NVIDIA, but negative for Tesla and Apple. Money flows are mixed for SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Bitcoin has moved over $37,000, with retail investors speculating a rise to $40,000.

Portfolio Pulse from The Arora Report

November 09, 2023 | 3:28 pm