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NVDA

Nvidia Corp's stock is experiencing a selloff following the U.S.'s early implementation of an export embargo on artificial intelligence chips. China accounts for 20%-25% of Nvidia's data center revenues. Despite this, CNBC's Jim Cramer remains optimistic about Nvidia due to increasing demand from Alphabet Inc and Microsoft Corp. The sanctions are expected to increase competition in the U.S., potentially affecting Advanced Micro Devices, Inc and Intel Corp. Nvidia is developing CPUs to support Microsoft's Windows operating system. Lackluster earnings results from Wall Street and Meta Platforms Inc's Q3 revenue report also impacted the stock.

Portfolio Pulse from Anusuya Lahiri

October 26, 2023 | 4:18 pm

AMP

Ameriprise Financial reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:18 pm

TXN

A significant amount of unusual options activity has been observed for Texas Instruments (NASDAQ:TXN), indicating a bullish stance by a large investor or institution. The options trades are split between 50% bullish and 50% bearish, with 4 puts and 8 calls. The targeted price range for Texas Instruments over the last 3 months is from $130.0 to $160.0. The current price of TXN is up 2.15% at $144.84.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 4:17 pm

KVUE

Kenvue has reported its Q3 financial results and has lowered its FY23 adjusted EPS guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:16 pm

BRK-A

CVX

OXY

XOM

Berkshire Hathaway has increased its stake in Occidental Petroleum, buying 3.92 million shares between October 23 and 25. This follows Occidental Petroleum's rival, Chevron Corp's, planned acquisition of Hess Corp. Exxon Mobil Corp also recently acquired Pioneer. Berkshire now owns 25% of Occidental.

Portfolio Pulse from Anusuya Lahiri

October 26, 2023 | 4:16 pm

UBER

Uber shares are experiencing a downturn due to the overall weakness in the broader tech and growth sector.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:13 pm

ORLY

O'Reilly Automotive has reported its Q3 financial results and issued guidance for 2023. The company's shares are trading higher following the announcement.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:13 pm

MAS

Masco Corporation reported better-than-expected Q3 financial results and issued FY23 adjusted EPS guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:12 pm

FDX

FedEx shares are trading lower in sympathy with UPS, which reported Q3 financial results and lowered its full-year 2023 consolidated revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:11 pm

WCN

Waste Connections (WCN) reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 4:10 pm