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ON

ON Semiconductor reported Q3 financial results and issued Q4 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:34 pm

WDC

Western Digital (WDC) anticipates a one-time GAAP-only charge due to a separation transaction during periods preceding closing.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:30 pm

ALX

Alexander's (NYSE:ALX) reported a 17.5% decrease in quarterly FFO per share, down from $4.40 YoY to $3.63. However, the company's rental sales increased by 3.13% to $55.41 million from $53.73 million YoY.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:29 pm

BYSI

BeyondSpring Inc. (NASDAQ:BYSI) has regained compliance with the Nasdaq minimum bid price requirement. The company received a notification from the Nasdaq Stock Market LLC that for 10 consecutive business days, from October 13, 2023 to October 26, 2023, the closing bid price of the company's ordinary shares has been at $1.00 per share or greater.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:25 pm

CVX

Chevron Corp reported Q3 earnings with total revenues of $54.1 billion, beating the consensus of $51.44 billion, but an adjusted EPS of $3.05, missing the consensus of $3.75. The company offers an annual dividend yield of 4.18%, which is a quarterly dividend amount of $1.51 per share. To earn $500 per month from dividends alone, an investment of approximately $143,340 or around 993 shares is needed. Chevron's shares fell 6.7% to close at $144.35 on Friday.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:22 pm

MSFT

MSTR

SQ

In October 2020, MicroStrategy's CEO, Michael Saylor, praised Square's (now Block Inc) $50 million investment in Bitcoin. Since then, MicroStrategy's and Square's stock performances have diverged significantly. As of October 27, 2023, Microsoft's stock price increased by 52.05%, while Square's fell by 78.99%. The correlation between the two stocks is low, suggesting their performances do not influence each other.

Portfolio Pulse from Mehab Qureshi

October 30, 2023 | 12:22 pm

SOFI

SoFi Technologies reported better than expected quarterly financial results and raised its 2023 guidance, leading to a rise in its share prices.

Portfolio Pulse from Luke J Jacobi

October 30, 2023 | 12:20 pm

ALZN

Alzamend Neuro's board of directors has approved a 1-for-15 reverse stock split of the company's common stock, which will be effective on October 31.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:20 pm

OR

Osisko Gold Royalties Ltd (OR: TSX & NYSE) has acquired a 1.0% net smelter return (NSR) royalty on the Namdini Gold Project in Ghana. The transaction was closed with Savannah Mining Limited, with Osisko acquiring a direct interest in 50% of Savannah's 2.0% NSR royalty for a total consideration of US$35 million. The Namdini project, controlled and operated by Shandong Gold Co Ltd, is expected to become one of Western Africa's significant producing mines with first gold production expected in late 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:18 pm

WDC

Western Digital has announced better-than-expected EPS guidance for the upcoming quarter, leading to a rise in its share prices.

Portfolio Pulse from Luke J Jacobi

October 30, 2023 | 12:17 pm