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CHPT

ChargePoint Holdings Inc (NYSE:CHPT) shares are trading higher by 11.8% despite a lack of company-specific news. The rise may be due to broader strength in the EV sector and overall market strength following the Federal Reserve's decision to maintain the federal funds rate. ChargePoint's stock has seen a 40% decline in the past month, largely due to the company's announcement regarding commitments from institutional investors for their $300 million convertible notes issued in April 2022.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 3:53 pm

NRG

NRG Energy reported its Q3 financial results and announced a 15% increase in its stock buyback program, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:51 pm

CFLT

Confluent, Inc. (NASDAQ:CFLT) reported Q3 financial results, with a loss of 30 cents per share, up from a loss of 41 cents per share YoY, and revenue of $200 million, beating the consensus estimate of $195.419 million. However, the company lowered its Q4 revenue estimate to between $204 and $205 million, down from the previous $212.6 million estimate. Following the announcement, several analysts updated their ratings and price targets on Confluent, leading to a drop in CFLT shares.

Portfolio Pulse from Erica Kollmann

November 02, 2023 | 3:51 pm

ENTG

Entegris reported worse-than-expected Q3 revenue results and issued Q4 guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:50 pm

PTC

PTC Inc. reported better-than-expected Q4 adjusted EPS results and issued positive guidance for Q4 and FY23, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:48 pm

XPEV

XPeng Inc's shares are trading higher by 8.3% despite no company-specific news. The company recently announced a record high in vehicle deliveries for October 2023, with 20,002 Smart EVs delivered, marking a 31% increase from the previous month and a 292% increase compared to the previous year. XPeng also unveiled its go-to-market plan for its advanced driver-assistance system (ADAS) called XNGP, with plans to expand its deployment in 50 cities by year-end.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 3:48 pm

TAP

Molson Coors Beverage Company (NYSE:TAP) reported Q3 FY23 sales growth of 12.4% YoY to $3.30 billion, beating the analyst consensus estimate of $3.24 billion. The revenue increase was driven by favorable price and sales mix, higher financial volumes, and favorable foreign currency impacts. The company reaffirmed FY23 net sales guidance of high single-digit increase versus 2022 on a constant currency basis. TAP shares traded lower by 2.61% at $56.68 on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

November 02, 2023 | 3:47 pm

MAR

Marriott International, Inc. reported its Q3 financial results and issued Q4 and FY23 adjusted EPS guidance below estimates, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:44 pm

HST

Host Hotels & Resorts reported better-than-expected Q3 revenue results and issued FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:43 pm

ZTS

Zoetis reported its Q3 financial results and updated its guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:41 pm