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TDC

Teradata Corporation (NYSE:TDC) is expected to report higher Q3 earnings at 42 cents per share, up from 31 cents per share a year ago. The company's revenue is projected to be $437.5 million, compared to $421.61 million in the year-ago period. Teradata's shares gained 3.2% to close at $44.50 on Friday. Several analysts have recently adjusted their price targets for the company, with most maintaining a positive outlook.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 6:25 am

BTCUSD

ETHUSD

XRPUSD

Ripple's native token, XRP, has surged by 8%, outperforming Bitcoin and Ethereum. This coincides with Ripple's collaboration with the National Bank of Georgia to explore potential use cases of a central bank digital currency (CBDC). Rumors have also circulated about Ripple's potential Initial Public Offering (IPO), although no official declaration has been made.

Portfolio Pulse from Mehab Qureshi

November 06, 2023 | 6:23 am

BBJP

DXJ

EWJ

The au Jibun Bank Japan Services Purchasing Managers' Index for October was reported at 51.6, higher than the estimated 51.1 and the prior figure of 51.1.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 5:05 am

BTCUSD

DOGEUSD

Dogecoin (DOGE) has seen a 4% surge, surpassing the $0.69 threshold, while Bitcoin (BTC) continues to decline. This comes as a Dogecoin wallet, inactive since 2014, made three separate transfers, shifting over 5 million DOGE worth $372,461 to a different wallet. The value of the wallet has increased by 80,000% to approximately $376,758 since its last activity.

Portfolio Pulse from Mehab Qureshi

November 06, 2023 | 4:23 am

META

NVDA

Chinese startup 01.AI, founded by former Google China President Kai-Fu Lee, has achieved a $1 billion valuation in less than eight months. The company's open-source AI model, Yi-34B, has outperformed Meta Platforms Inc.'s Llama 2 on certain metrics. Despite the US ban on selling Nvidia Corp.'s advanced AI semiconductors to Chinese customers, 01.AI has stockpiled the chips it needs for the foreseeable future.

Portfolio Pulse from Benzinga Neuro

November 06, 2023 | 3:47 am

BTCUSD

CAKEUSD

ETHUSD

Decentralized crypto exchange PancakeSwap (CRYPTO: CAKE) has seen a 91% surge in a week after introducing a portfolio manager feature. The feature, developed in collaboration with Bril Finance, allows users to deposit tokens into single-asset vaults. The tokens are then integrated into a liquidity provision algorithm with automatic rebalancing. The new feature led to a 42% increase in trading volume, reaching $373 million in 24 hours, and a market cap of $547 million. Users can deposit various cryptocurrencies, including Tether, Bitcoin (CRYPTO: BTC), and Ether (CRYPTO: ETH).

Portfolio Pulse from Mehab Qureshi

November 06, 2023 | 3:35 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies saw a mixed performance with Bitcoin consolidating around $34,000-$35,000. Analysts suggest that surpassing the $35,000 mark is the next plausible move for BTC. Sam Bankman-Fried, the founder and former CEO of FTX, has been found guilty of defrauding his customers and lenders. The global crypto market cap stands at $1.28 trillion, reflecting a decrease of 3.05% in the past 24 hours. U.S. equity futures showed little movement on Sunday evening.

Portfolio Pulse from Mehab Qureshi

November 06, 2023 | 2:46 am

AHI

Advanced Health Intelligence (AHI) has announced a proposed placement of approximately 10.75 million shares at $0.11 per share.

Portfolio Pulse from Charles Gross

November 05, 2023 | 11:20 pm

ELGP

GVH

TDTH

Four companies are set to go public this week. Hamilton Insurance Group, Ltd (NYSE:HG) will offer 15,000,000 shares at $17.00 per share. Elate Group, Inc. (NASDAQ:ELGP) will offer 1,250,000 shares at $4.00 per share. Globavend Holdings Limited (NASDAQ:GVH) will offer 1,875,000 shares at $4.50 per share. Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) will offer 1,875,000 shares at $9.00 per share. All companies have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

November 05, 2023 | 10:39 pm

CVS

IHE

JNJ

PFE

RAD

WBA

XLV

Pharmacy employees from CVS Health Corporation and Walgreens Boots Alliance, Inc. protested against insufficient staffing and escalating job demands, compromising the safety of their work environment. The protests, known as 'Pharmageddon', were primarily driven by nonunion workers and have reportedly affected several pharmacy locations. In response, CVS and Walgreens minimized the impact of the protests, with CVS affirming that its operations have continued without notable disruptions. Rite Aid Corporation also stated that it was unaware of plans by its pharmacists to participate in this activity. The unrest could potentially impact related stocks in the pharmaceutical sector, such as Pfizer Inc. and Johnson & Johnson, as well as ETFs like the Health Care Select Sector SPDR Fund and the iShares U.S. Pharmaceuticals ETF.

Portfolio Pulse from Bibhu Pattnaik

November 05, 2023 | 8:48 pm