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PEAK

Healthpeak Properties (NYSE:PEAK) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.44. The company's past performance shows a mix of EPS beats and misses, with the stock price generally negatively affected. Over the last 52-week period, shares are down 31.1%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 8:00 pm

F

GM

General Motors (GM) and the United Auto Workers union are reportedly nearing a deal, potentially ending the costly work stoppages that have affected GM since September 15. The deal is expected to significantly increase GM's labor costs, with Deutsche Bank estimating the overall cost increase to be $7.2 billion over the term of the agreement. GM shares are currently down 4.8% at $27.18.

Portfolio Pulse from Erica Kollmann

October 27, 2023 | 7:59 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin are consolidating after a surge earlier in the week. Bitcoin is showing a bullish triple inside bar pattern, while Ethereum and Dogecoin are breaking down from single inside bar patterns. All three cryptos are trading near key resistance and support levels.

Portfolio Pulse from Melanie Schaffer

October 27, 2023 | 7:59 pm

APLM

Apollomics announced a report on the efficacy response of a patient treated with vebreltinib for GBM with PTPRZ-MET fusion, which led to its shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 7:46 pm

PHG

RMD

ResMed Inc. (RMD) is gaining market share in the flow generator market due to Koninklijke Philips N.V.'s (PHG) product recall. ResMed's Q1 revenue increased by 16% to $1.1 billion. Needham analyst Mike Matson reiterated a Buy rating on ResMed with a price target of $180, while Oppenheimer analyst Suraj Kalia also reiterated an Outperform rating with a price target of $175. However, ResMed's shares are trading lower by 3.03% to $134.53.

Portfolio Pulse from Nabaparna Bhattacharya

October 27, 2023 | 7:34 pm

MPWR

Oppenheimer analyst Rick Schafer has reiterated the Outperform rating on Monolithic Power Systems, Inc. (NASDAQ:MPWR), but lowered the price target from $565 to $500. The company is expected to report in-line 3Q/4Q results, with strength in AI and auto. However, auto is expected to be flat in 3Q and 4Q due to two delayed customer launches. Schafer expects the company's order velocity to pick up in 1H24 and estimates AI servers to be up >30% this year. MPWR's transition to BCD4 and BCD5 is expected to give it a sustainable cost advantage over competitors.

Portfolio Pulse from Nabaparna Bhattacharya

October 27, 2023 | 7:31 pm

GLD

The escalating conflict in the Middle East has led to a surge in commodity prices. The SPDR Gold Trust (NYSE:GLD) recorded a gain of over 1%, surpassing the $2,000-per-ounce mark, a rally of more than 9% since the onset of the Israel-Hamas conflict. Crude oil prices also soared, with WTI rising by more than 2% on concerns of potential supply disruptions in the Middle East.

Portfolio Pulse from Piero Cingari

October 27, 2023 | 7:30 pm

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MBLY

Mobileye Global Inc (MBLY) has slightly lowered its CY23 revenue forecast due to SuperVision (SV) shipments tracking towards the low end of guidance. However, analysts from Needham and Raymond James remain bullish, citing progress with higher average selling price (ASP) programs, potential design wins, and strong business development. Ford Motor Co's (F) BlueCruise may contribute 500k units to Cloud-Enhanced (CE) ADAS in CY24. MBLY shares traded lower by 3.92% at $34.99 on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

October 27, 2023 | 7:29 pm

HAS

Hasbro reported worse-than-expected Q3 financial results and anticipates a revenue decline in FY23. B of A Securities has downgraded the stock to Neutral.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 7:26 pm

ANET

A significant amount of unusual options activity has been observed for Arista Networks (NYSE:ANET), with a split sentiment of 50% bullish and 50% bearish. The options trades include 9 puts amounting to $420,808 and 3 calls amounting to $120,210. The targeted price range for ANET over the last 3 months is from $130.0 to $260.0. Currently, ANET's price is up 3.45% at $175.69. Piper Sandler has downgraded its action to Neutral with a price target of $190.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:18 pm