Streetbeat News

Stock Prices

CPRT

Copart (NASDAQ:CPRT) has outperformed the market over the past 15 years, producing an average annual return of 22.13%. If an investor had bought $1000 of CPRT stock 15 years ago, it would be worth $19,242.34 today. The company currently has a market capitalization of $41.62 billion.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 2:30 pm

GEHC

GE Healthcare Technologies Inc (NASDAQ:GEHC) reported Q3 FY23 sales of $4.82 billion, up 5% Y/Y and 6% on an organic basis, slightly beating the consensus of $4.80 billion. Net income was $375 million, down from $487 million for the prior year. The company posted an adjusted EPS of $0.99, beating the consensus of $0.90. GE Healthcare forecasts FY23 adjusted EPS of $3.75-$3.85 and reaffirms FY23 organic revenue growth of 6%-8% YOY. GEHC shares are up 6.20% to $67.09.

Portfolio Pulse from Vandana Singh

October 31, 2023 | 2:27 pm

AAPL

META

MSFT

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, TSLA, and META. The memo provides price levels for these assets based on a proprietary formula that considers price, volume, and options flow. The memo suggests potential bullish and bearish scenarios for each asset and recommends traders to stay alert and adjust their tactics based on the market's pulse.

Portfolio Pulse from RIPS

October 31, 2023 | 2:26 pm

MTCH

Match Group Inc (NASDAQ:MTCH) is set to report its Q3 earnings on Oct. 31. The company generates revenue through subscription services, in-app purchases, and advertising. Wall Street analysts expect Match Group to report $0.54 in EPS and $881.14 million in revenue for Q3. The stock is currently trading at a P/E of 12.1. Over the past month, the stock has fallen by over 10% but was trading 1.75% higher to $34.64 at the time of publication.

Portfolio Pulse from Surbhi Jain

October 31, 2023 | 2:24 pm

GCT

Navellier Accelerated Profits Newsletter has reportedly purchased stock in GigaCloud Technology. No further details about the transaction were provided.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 2:24 pm

AMAM

BTM

CURV

TPST

VAPO

The top five short squeeze candidates for the week include Ambrx Biopharma, Tempest Therapeutics, Torrid Holdings, Bitcoin Depot, and Vapotherm. These stocks have high short interest and steep borrowing costs, common traits that could lead to a short squeeze. Ambrx Biopharma and Tempest Therapeutics, both biotech stocks, top the list.

Portfolio Pulse from Chris Katje

October 31, 2023 | 2:21 pm

JPM

A significant amount of unusual options activity has been observed for JPMorgan Chase (NYSE:JPM), with a bearish stance being taken by a majority of investors. The price target for JPMorgan Chase over the last 3 months has been between $120.0 and $160.0. The current price of JPM is $138.3, up 0.64%. Several financial institutions have maintained their ratings on JPMorgan Chase, with price targets ranging from $171 to $233.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 2:17 pm

AVGO

A significant bullish stance has been taken on Broadcom (NASDAQ:AVGO) as indicated by unusual options activity. The sentiment among these big-money traders is split evenly between bullish and bearish. The targeted price range for Broadcom over the last 3 months has been from $500.0 to $880.0. The current price of AVGO is down -0.84% at $834.16.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 2:17 pm

RIG

Transocean Ltd (NYSE:RIG) shares are trading higher after initially falling due to worse-than-expected Q3 financial results. The company reported Q3 revenue of $713 million, lower than the estimated $722.57 million, and a loss of 36 cents per share, higher than the estimated loss of 23 cents. Despite the disappointing results, the company's contract backlog increased for the sixth consecutive quarter to $9.4 billion.

Portfolio Pulse from Adam Eckert

October 31, 2023 | 2:16 pm

MBUU

Malibu Boats Inc (NASDAQ:MBUU) reported a Q1 FY24 sales decline of 15.3% YoY to $255.83 million, beating analyst consensus. The decrease was due to decreased unit volumes and increased dealer flooring program costs due to higher interest rates and increased inventory levels. The company's operating income fell 40.9% to $28.6 million. The company expects FY24 sales decline in the high teens to low twenties and adjusted EBITDA margin down 350-450 basis points.

Portfolio Pulse from Shivani Kumaresan

October 31, 2023 | 2:13 pm