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SONY

Sony Group (NYSE:SONY) has outperformed the market over the past 10 years by 8.13% on an annualized basis, producing an average annual return of 17.52%. If an investor had bought $1000 of SONY stock 10 years ago, it would be worth $5,213.12 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:30 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years by 16.19% on an annualized basis, producing an average annual return of 25.54%. If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $3,058.65 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:30 pm

ENPH

Enphase Energy's stock is trading lower due to ongoing weakness in the solar sector.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 6:28 pm

CI

Cigna Corporation is considering the sale of its Medicare Advantage business, which could be worth billions. The decision comes after a decade of expansion in the sector and may be a response to a challenging reimbursement environment. Profit margins have fallen short of Cigna's 4% to 5% target, and changes to the government's star rating system are expected to decrease the ratings of Cigna's Medicare Advantage plans in 2024. Despite this, Cigna has expanded its Medicare Advantage footprint, now covering over 40% of eligible individuals.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 6:17 pm

DDOG

A significant bearish stance has been taken on Datadog (NASDAQ:DDOG) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 35% bullish and 64% bearish. The whales have been targeting a price range from $70.0 to $100.0 for Datadog over the last 3 months. The price of DDOG is up 0.69% at $82.61, with next earnings expected to be released in 1 day.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:15 pm

BYND

QSR

Restaurant Brands International Inc (NYSE:QSR), the parent company of Burger King, is not planning to expand its plant-based meat offerings in the near term. The company's CEO, Josh Kobza, stated that demand for plant-based alternatives was stable but not a major focus for the restaurant chain. This comes as Beyond Meat Inc (NASDAQ:BYND) reported declining demand for its products and revised its full-year outlook lower for the second time in three months.

Portfolio Pulse from Adam Eckert

November 06, 2023 | 6:14 pm

ADVM

REGN

Adverum Biotechnologies revealed updated data from the OPTIC extension study of ixoberogene soroparvovec (Ixo-vec) in patients with wet AMD, showing long-term benefits including maintenance of vision and sustained reduction in anti-VEGF treatment burden. Regeneron Pharmaceutical's Eyela protein levels have been sustained through follow-up, up to 4.5 years post-treatment. Adverum's shares are up 16.5% at $1.09.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 6:08 pm

CADL

Candel Therapeutics Inc (NASDAQ:CADL) released initial interim survival and immunological biomarker data from the ongoing phase 2 trial of CAN-2409 plus valacyclovir for pancreatic ductal adenocarcinoma (PDAC). The data showed a survival rate of 71.4% at both 24 and 36 months in patients who received the CAN-2409 regimen, versus only 16.7% in patients with standard of care chemoradiation. The company's shares are up 20.86% at $0.82.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 6:04 pm

PLUS

ePlus (NASDAQ:PLUS) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $1.34. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $65.01, up 30.41% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:02 pm

LEU

Centrus Energy (AMEX:LEU) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock was trading at $54.89 as of November 3, with a 19.92% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 6:02 pm