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SQ

Block, Inc. (NYSE:SQ) shares are trading higher ahead of its Q3 earnings report. The company is expected to report earnings of 47 cents per share and quarterly revenue of $5.437 billion. Shares of SQ are up over 5% ahead of earnings, but the stock is down by more than 25% over the last month. In October, Square announced 10 new generative AI features, marking it as a key business priority.

Portfolio Pulse from Erica Kollmann

November 02, 2023 | 2:30 pm

CDW

CDW's short percent of float has risen 9.88% since its last report, with 2.22 million shares sold short, which is 1.89% of all regular shares available for trading. It would take traders 3.04 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. CDW's peer group average for short interest as a percentage of float is 3.36%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 2:30 pm

EIS

SPY

USO

Traders are discussing a post that states Lebanon's Hezbollah has used two drones to attack an Israeli position in the disputed Shebaa Farms area. The potential impact on US-listed ETFs like EIS (iShares MSCI Israel Capped Investable Market Index Fund), SPY (SPDR S&P 500 ETF Trust), and USO (United States Oil Fund) is being considered.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 2:30 pm

WEC

WEC Energy Group (NYSE:WEC) has outperformed the market over the past 20 years, producing an average annual return of 8.55%. If an investor had bought $1000 of WEC stock 20 years ago, it would be worth $5,183.95 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 2:30 pm

ZTS

Zoetis's (NYSE:ZTS) short percent of float has risen 3.17% since its last report, with 2.98 million shares sold short, which is 0.65% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Zoetis has less short interest.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 2:30 pm

ROST

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 20 years by 4.2% on an annualized basis, producing an average annual return of 11.46%. If an investor had bought $1000 of ROST stock 20 years ago, it would be worth $8,837.98 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 2:30 pm

ROP

Roper Techs's (NYSE:ROP) short percent of float has risen 37.5% since its last report, with 1.17 million shares sold short, which is 1.1% of all regular shares available for trading. It would take traders 3.51 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Roper Techs's peer group average for short interest as a percentage of float is 3.41%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 2:30 pm

ETSY

Etsy Inc's shares are trading lower following the company's Q3 results and several analysts lowering their price targets. Etsy's Q3 revenue of $636.3 million missed estimates of $640.566 million, while its EPS of 64 cents beat estimates of 51 cents. The company's consolidated GMS was $3 billion, up 1.2% YoY. Etsy expects Q4 GMS to decline in the low-single-digit range YoY. Analysts from Needham, Goldman Sachs, and Wedbush have maintained their ratings but lowered their price targets.

Portfolio Pulse from Adam Eckert

November 02, 2023 | 2:29 pm

AI

PLTR

Shares of C3.ai Inc (NYSE:AI) are trading higher by 10.14% to $26.39, potentially in sympathy with peer big data analytics firm Palantir Technologies Inc after the company reported better-than-expected Q3 financial results and raised FY23 revenue guidance. Palantir's strong earnings report, profitability, and revenue growth are seen as a positive indicator for the technology companies in the same sector, including C3.ai.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 2:29 pm

DASH

DoorDash, Inc. (NASDAQ:DASH) reported a YoY increase in Q3 earnings per share and better-than-expected quarterly sales results. The company reported losses of 19 cents per share, beating estimates of losses of 40 cents and up from losses of 77 cents per share YoY. DoorDash also reported Q3 revenue of $2.164 billion, beating the consensus estimate of $2.092 billion. Wedbush analyst Scott Devitt maintained DoorDash with a Neutral and raised the price target from $85 to $92.

Portfolio Pulse from Erica Kollmann

November 02, 2023 | 2:28 pm