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Stock Prices

TSLA

During a three-hour interview, Joe Rogan shot an arrow at Tesla's upcoming Cybertruck, which failed to penetrate the back door, impressing Rogan. Tesla CEO Elon Musk described the Cybertruck as 'an armored personnel carrier from the future' and noted that the door panels are bulletproof to almost all subsonic projectiles. The Cybertruck is expected to weigh up to 7000 pounds and can go from 0-60 mph in under 3 seconds for the 'beast mode' version. Tesla aims to make 200,000 Cybertrucks annually at volume production, with Musk predicting that the company will reach this target in 2025.

Portfolio Pulse from Anan Ashraf

November 01, 2023 | 8:02 am

EWU

The U.K. Nationwide House Price Index (HPI) for October shows a year-on-year decrease of 3.3%, which is better than the estimated 4.8% decrease and the prior 5.3% decrease.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 7:02 am

EWU

The U.K. Nationwide House Price Index (HPI) for October has shown a 0.9% increase, significantly outperforming the estimated -0.4% and the revised prior of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 7:01 am

BTCUSD

MSTR

The US government, one of the largest Bitcoin holders, has missed out on potential gains of over $6 billion due to premature selling of the cryptocurrency, according to data from Glassnode. The Department of Justice (DOJ) and the Internal Revenue Service (IRS) have seized large amounts of Bitcoin through legal proceedings. Despite this, the DOJ has often sold its holdings prematurely. The DOJ holds more Bitcoin than any other entity, surpassing even MicroStrategy Inc., which has the largest corporate Bitcoin treasury.

Portfolio Pulse from Benzinga Neuro

November 01, 2023 | 6:59 am

PAPL

Pineapple Financial has priced its initial public offering (IPO) of 875,000 common shares at $4 per share. The shares are expected to start trading on the NYSE American Exchange on November 1, 2023, under the ticker symbol 'PAPL'.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:30 am

AMGN

CAT

CVS

KHC

MCK

QCOM

The CNN Money Fear and Greed index remained in the 'Fear' zone on Tuesday, indicating a cautious market sentiment. U.S. stocks closed higher ahead of the Federal Reserve's monetary policy decision. Over 78% of the 279 S&P 500 companies that have released quarterly results so far have exceeded market estimates. Caterpillar Inc. and Amgen Inc. shares fell after reporting Q3 results. Investors are awaiting earnings results from The Kraft Heinz Company, CVS Health Corporation, McKesson Corporation, and QUALCOMM Incorporated.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 6:11 am

BGFV

CVS

KHC

MCK

YUMC

CVS Health Corporation, Big 5 Sporting Goods Corporation, McKesson Corporation, Yum China Holdings, Inc., and The Kraft Heinz Company are the stocks to watch heading into Wednesday. CVS and Kraft Heinz are expected to report their quarterly earnings, while Big 5 Sporting Goods and Yum China have reported weaker-than-expected results for their third quarter. McKesson is also set to release its earnings after the markets close.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 6:02 am

BTCUSD

FLOKIUSD

Floki's protocol’s token, TokenFi (TOKEN), has surged by 40% amid controversy surrounding market manipulation. The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation surrounding the listing. Floki’s team claims that Bitget listed the token before its official launch, while Bitget accused the Floki team of suspected market manipulation by exerting control over the initial liquidity and delisted the token.

Portfolio Pulse from Mehab Qureshi

November 01, 2023 | 5:59 am

TSLA

Tesla shares fell below $200 before recovering slightly, but are still well off their intraday high of $299.29 on July 19. Analyst Gordon Johnson of GLJ Research suggests that Tesla's poor results are causing a potential mass exodus by big institutional investors, who account for about 42.74% of the total outstanding shares. Johnson points to Tesla's missed consensus estimate in Q2 2022, which led to a 50% drop in the stock over the next six months. He warns that the situation could repeat itself given the company's worsening results.

Portfolio Pulse from Shanthi Rexaline

November 01, 2023 | 5:53 am

FXI

China's Caixin Manufacturing Purchasing Managers Index (PMI) for October was reported at 49.5, lower than the estimated 50.8 and the prior figure of 50.6. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:45 am