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HLT

Hilton Worldwide Holdings (NYSE:HLT) has outperformed the market over the past 5 years, producing an average annual return of 16.48%. If an investor had bought $1000 of HLT stock 5 years ago, it would be worth $2,090.33 today. The company currently has a market capitalization of $38.83 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 3:00 pm

AAPL

QCOM

Qualcomm Inc (NASDAQ:QCOM) is set to report its Q4 earnings on Nov. 1. Analysts will focus on inventories, orders, shipments, revenues, margins, and the company's revenue diversification initiatives. Investors are positive about the company's latest Snapdragon X Elite and new Snapdragon smartphone chipset. However, challenges faced by Apple Inc (NASDAQ:AAPL), Qualcomm's largest customer, in China may impact Qualcomm. Wall Street analysts expect Qualcomm to report $1.8 in EPS and $8.03 billion in revenue for Q4, and $8.30 in EPS and $35.69 billion in revenue for the fiscal year ending September 2023.

Portfolio Pulse from Surbhi Jain

November 01, 2023 | 3:00 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has fallen 4.47% to $10.75 in the past 24 hours, continuing its negative trend over the past week with a 2.0% loss. The trading volume for the coin has tumbled 56.0% over the past week along with the circulating supply of the coin, which has fallen 0.4%. The current market cap ranking for LINK is #13 at $6.04 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 3:00 pm

TRMB

Trimble Inc. shares are trading lower after the company missed Q3 revenue estimates and issued weak guidance.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:00 pm

SPWR

SunPower Corp (NASDAQ:SPWR) reported a Q3 FY23 revenue decline of 9.3% YoY to $432.00 million, missing the consensus of $453.25 million. The company also reported an adjusted EPS loss of $(0.12), missing the consensus loss of $(0.00). SunPower has reduced its 2023 guidance due to lower-than-expected consumer demand and delayed revenue recognition. The company's stock has lost 75.1% YTD and traded lower by 9.37% at $3.87 on the last check.

Portfolio Pulse from Anusuya Lahiri

November 01, 2023 | 2:59 pm

TNXP

Tonix Pharmaceuticals' shares fell by 17% after the company announced disappointing results from a Phase 2 study for TNX-601 ER, a treatment for major depressive disorder. The study did not show significant improvement in depression severity, leading to the discontinuation of TNX-601 ER's development. The company is now focusing on upcoming results from studies on TNX-1900 for chronic migraine and TNX-102 SL for fibromyalgia.

Portfolio Pulse from Henry Khederian

November 01, 2023 | 2:58 pm

PIXY

ShiftPixy Inc (NASDAQ:PIXY) has regained compliance with Nasdaq listing requirements by maintaining a share price greater than $1 for 10 consecutive trading days. This follows a one-for-twenty-four reverse split approved by shareholders on Aug. 21 and implemented on Sept. 30. Despite a rough year with the stock down nearly 98% year-to-date, ShiftPixy shares were up 9.35% at $5.73 at the time of publication.

Portfolio Pulse from Adam Eckert

November 01, 2023 | 2:57 pm

MTZ

MasTec Inc (MTZ) shares dropped by 21.3% after the company reported Q3 results and reduced its full year 2023 revenue and EPS outlook. The company's Q3 sales were $3.26 billion, falling short of the analyst consensus estimate of $3.76 billion by 13.4%. However, this still represents a 29.61% increase in sales compared to the same period last year. The company's 2023 revenue outlook was revised down from $12.7 billion-$13 billion to $12 billion, and its EPS guidance was lowered from $3.75-$4.19 to $1.75.

Portfolio Pulse from Henry Khederian

November 01, 2023 | 2:57 pm

ABNB

Airbnb Inc (NASDAQ:ABNB) is set to report its Q3 earnings on Nov. 1. The company's revenues have been growing at a rate of over 20% YoY for the last three quarters, and this growth is expected to continue due to efforts in underpenetrated markets in Asia. Analysts expect Airbnb to report $1.96 in EPS and $3.18 billion in revenue for Q3. The stock is currently rated as a Hold by 43 analysts with an average price target of $141.84. The stock has fallen by 13% over the past month.

Portfolio Pulse from Surbhi Jain

November 01, 2023 | 2:55 pm

TRI

Thomson Reuters reported mixed Q3 financial results, issued guidance, and proposed a buyback of up to $1 billion of its shares. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 2:55 pm