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BX

Blackstone's (NYSE:BX) short percent of float has fallen 5.39% since its last report, indicating a more bullish sentiment towards the stock. The company has 32.65 million shares sold short, which is 4.56% of all regular shares available for trading. Compared to its peers, Blackstone has a higher short interest as a percentage of float, with an average of 2.81%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

GH

Guardant Health Inc (NASDAQ:GH) reported Q3 revenue of $143 million, up 22% Y/Y, beating the consensus of $137.37 million. The company also posted a smaller than expected Q3 loss and raised its annual sales outlook. However, GH shares are down 5.70% at $26.16 on the last check Tuesday.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 4:26 pm

ELAN

Elanco Animal Health reported strong Q3 results and raised its FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:23 pm

FIS

Fidelity National Information Services (FIS) reported Q3 revenue of $2.489 billion, a 3% increase on a GAAP basis and 4% on an organic basis. The company's Q3 adjusted EPS of $1.65 beat the street view of $1.58. FIS also announced plans to repurchase approximately $500 million of shares in Q4 as part of a broader goal to repurchase at least $3.5 billion of shares by year-end 2024. Despite the positive earnings report, FIS shares are trading lower by 2.26% to $50.56.

Portfolio Pulse from Nabaparna Bhattacharya

November 07, 2023 | 4:23 pm

LVO

LiveOne has reiterated its guidance for FY24, expecting to add 800K-825K new paid members compared to the previous fiscal year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:22 pm

DASH

UBER

Uber Technologies Inc (UBER) reported its second consecutive operating profit in Q3, with $9.3 billion in revenue, an 11% YoY increase. The company's mobility segment brought in $5.07 billion, food delivery contributed $2.93 billion, and the freight business added $1.28 billion. However, Q3 results were below LSEG’s estimate. Uber's rival, DoorDash Inc (DASH), also reported its best quarter since its IPO, with $2.2 billion in Q3 revenue, a YoY increase of 24%.

Portfolio Pulse from Upwallstreet

November 07, 2023 | 4:20 pm

HAIN

Hain Celestial Group Inc reported a Q1 FY24 sales decline of 3.3% YoY to $425.03 million, missing the analyst consensus estimate of $431.7 million. The decline was mainly due to lower sales in baby & kids products and challenges in organic formula supply. However, international net sales rose 9.3%. The company reaffirmed its FY24 organic net sales growth outlook of 2% to 4% and adjusted EBITDA of $155 million - $165 million.

Portfolio Pulse from Shivani Kumaresan

November 07, 2023 | 4:20 pm

SWAV

Shockwave Medical's shares are trading lower after the company released its Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:18 pm

GILD

RCUS

Gilead Sciences Inc and Arcus Biosciences Inc announced positive preliminary results from their ongoing Phase 2 EDGE-Gastric study. The study evaluates the safety and efficacy of a combination cancer therapy involving domvanalimab, zimberelimab, and chemotherapy in patients with advanced gastric, gastroesophageal junction, or esophageal adenocarcinoma. The therapy showed encouraging overall response rate and six-month progression-free survival rate. The companies also have three ongoing Phase 3 studies of domvanalimab-containing regimens in lung cancer.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 4:17 pm

DHI

D.R. Horton, Inc (NYSE:DHI) reported a 9% YoY sales growth in Q4 FY23, surpassing expectations. Net sales orders increased 39% YoY, while home sales revenues decreased by 6.4%. The company's EPS was $4.45, beating the consensus of $3.93. DHI also declared a 20% increase in its quarterly cash dividend. For FY24, DHI expects revenues between $36 billion and $37 billion, and repurchases of approximately $1.5 billion.

Portfolio Pulse from Akanksha Bakshi

November 07, 2023 | 4:15 pm