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BITO

EETH

ETHUSD

ProShares is launching the ProShares Short Ether Strategy (SETH), an ETF that delivers the inverse of the daily performance of the Standard & Poor's CME Ether Futures Index. The ETF is designed to appeal to bearish investors and is tied to futures contracts on Ethereum. The ETF will trade on the NYSE's Arca. ProShares has previously launched three Ethereum ETFs, including the ProShares Ether Strategy ETF (EETH), which averaged around 8,660 shares daily in its first month.

Portfolio Pulse from Khyathi Dalal

November 02, 2023 | 10:01 pm

PBYI

Puma Biotechnology has projected its Q4 2023 product revenue to be between $56M-$59M, which is significantly lower than the estimated $71.45M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 10:00 pm

AAPL

INDA

Apple's CEO has stated in a conference call that the company's retail stores in India are performing better than anticipated.

Portfolio Pulse from Charles Gross

November 02, 2023 | 9:59 pm

CMCSA

DIS

NFLX

PENN

The Walt Disney Company (NYSE:DIS) is set to report its Q4 financial results. Analysts expect Disney to report Q4 revenue of $21.355 billion, an increase from $20.15 billion in the prior year's period. Disney has beaten revenue estimates in five of the last seven quarters. The company is also expected to report Q4 earnings per share of 71 cents, an increase from the 30 cents reported in the prior year's period. Disney has beaten earnings per share estimates in five of the last seven quarters. Key items to watch include the company's streaming business, updates on Disney+ subscribers, and the impact of the Hollywood Strike on the company's movie slate in 2024.

Portfolio Pulse from Chris Katje

November 02, 2023 | 9:52 pm

WRNT

Warrantee Inc. (NASDAQ:WRNT) has received a delisting determination from Nasdaq due to non-compliance with filing requirements. The company has not filed its Form 20-F for the period ended March 31, 2023. Unless Warrantee appeals, trading of its American Depositary Shares will be suspended from November 7, 2023. The company plans to appeal the decision.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:49 pm

BCO

Brink's has announced an additional $500M share repurchase authorization, set to expire on December 31, 2025. This is in addition to the existing share repurchase program, which has $180 million in capacity and is set to expire on December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:49 pm

ASPA

LGIQ

Abri SPAC I, Inc. (NASDAQ:ASPA) has completed its business combination with DLQ, Inc., a subsidiary of Logiq, Inc (OTCQX: LGIQ). The combined company, named Collective Audience, Inc., will trade on the Nasdaq Global Market under the ticker symbol 'CAUD' from November 3, 2023. The merger was advised by Chardan Capital Markets and the new company will be led by Brent Suen.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:49 pm

BFLY

Butterfly Network has reiterated its FY23 revenue forecast of $64M, which is slightly below the estimated $64.97M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:48 pm

CELH

Celsius Holdings has announced a three-for-one stock split. Shareholders on record as of Nov. 13, 2023, will receive two additional shares for each share held. The common stock is expected to trade on a split-adjusted basis from Nov. 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:47 pm

CERS

Cerus Corporation has projected its FY23 revenue to be between $155M-$158M, which is lower than the estimated $167.7M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:47 pm