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BTCUSD

The Bitcoin whitepaper, which laid the groundwork for decentralized finance, celebrates its 15th anniversary. The cryptocurrency, influenced by Wei Dai’s b-money, has a market capitalization exceeding $400 billion. Looking ahead, market expectations for Bitcoin's movement rely on factors such as the Federal Reserve’s interest rate decisions, Bitcoin ETF approvals, the Bitcoin halving, and regulatory developments. Analyst Ryan Lee predicts Bitcoin could break above its recent high of around $32,000 in early 2024.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 7:49 am

EWQ

France's preliminary Consumer Price Index (CPI) for October came in at 0.1%, lower than the estimated 0.2% and significantly higher than the previous month's -0.5%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 7:47 am

DIS

Walt Disney Co. (NYSE:DIS) is contending with Florida Governor Ron DeSantis in a lawsuit, warning of the perils of the state potentially winning the federal lawsuit. Disney's complaint focuses on the accusation that the Florida governor and the state violated the First Amendment Act. This followed Disney's opposition to the state’s “Don’t Say Gay” law, which led to the governor's office clipping the company’s power in governing the Reedy Creek Improvement District, where its Orlando theme park lies. Disney ended Monday’s session up 1.70% at $80.68.

Portfolio Pulse from Shanthi Rexaline

October 31, 2023 | 7:22 am

BUD

AB InBev reported a 3.4% YoY decline in total volumes for 3Q23, with own beer volumes down 4% and non-beer volumes up 1.4%. The decline was primarily due to performance in the US and a soft industry in Europe, despite growth in Middle Americas, Africa, and APAC regions.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 6:55 am

AAPL

Apple Inc.'s 16-inch MacBook Pro with M1 Pro chip is now available at a $900 discount from Adorama. The deal applies to the 16-inch MacBook Pro with 32GB of RAM and a 512GB SSD. Despite the launch of M2 and upcoming M3-powered MacBooks, the M1 Pro chipset remains powerful. The MacBook Pro features a 16.2-inch Liquid Retina XDR display, a 10-core CPU and 16-core GPU, and is rated to deliver 21 hours of usage on a single charge.

Portfolio Pulse from Rounak Jain

October 31, 2023 | 6:51 am

ORGS

Orgenesis has withdrawn its previously announced proposed underwritten public offering due to unfavorable market conditions.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 6:40 am

EWQ

France's preliminary Gross Domestic Product (GDP) for Q3 has come in at 0.1%, matching estimates but showing a decrease from the revised 0.6% of the prior quarter.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 6:32 am

CAT

Caterpillar Inc. (NYSE:CAT) is expected to report higher Q3 earnings at $4.79 per share, up from $3.95 per share a year ago. The company's revenue is projected to be $16.59 billion, compared to $14.99 billion in the year-ago period. Several analysts have recently updated their price targets for Caterpillar, with most maintaining a positive outlook.

Portfolio Pulse from Lisa Levin

October 31, 2023 | 6:19 am

AMD

CAT

HUN

MCD

PFE

WDC

The CNN Money Fear and Greed index showed easing in the overall fear level, indicating a positive sentiment in the market. The Dow Jones recorded its best session since June 2, ahead of the Federal Reserve’s interest rate decision and jobs report. Western Digital Corp and McDonald's Corp reported positive earnings, while investors are awaiting earnings results from Advanced Micro Devices, Pfizer, Huntsman Corporation, and Caterpillar.

Portfolio Pulse from Lisa Levin

October 31, 2023 | 6:16 am

AMD

CAT

FMC

PFE

WDC

Caterpillar Inc., FMC Corporation, Advanced Micro Devices, Western Digital Corp, and Pfizer Inc. are the stocks to watch heading into Tuesday. Caterpillar is expected to report quarterly earnings of $4.79 per share on revenue of $16.59 billion. FMC reported weaker-than-expected Q3 results but reaffirmed its full-year forecast. AMD is expected to earn 68 cents per share on revenue of $5.70 billion for the latest quarter. Western Digital reported upbeat Q1 results and announced a plan to separate its HDD and Flash businesses but also reported a proposed $1.3 billion convertible notes offering. Pfizer is expected to report a quarterly loss at 34 cents per share on revenue of $13.34 billion.

Portfolio Pulse from Lisa Levin

October 31, 2023 | 6:16 am