Streetbeat News

Stock Prices

EWA

Australia's Producer Price Index (PPI) for Q3 has been reported at 3.8%, slightly lower than the previous quarter's 3.9%.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 5:06 am

BBJP

DXJ

EWJ

Japan's Tokyo Core Consumer Price Index (YoY) for October has been reported at 2.7%, higher than the estimated 2.5% and the prior 2.5%.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 5:05 am

AMZN

GOOG

META

Google's senior executive, Prabhakar Raghavan, has expressed concerns over user loss to Amazon and TikTok during his testimony in the ongoing Justice Department antitrust case. He highlighted the challenge of retaining younger users, who are increasingly drawn to these platforms. Raghavan also noted that Google was at risk of losing market share to applications like Instagram and TikTok because young people engage with them differently than traditional online search behavior.

Portfolio Pulse from Ananya Gairola

October 27, 2023 | 3:56 am

TSLA

Tesla Inc has increased the price of its Model Y Performance Edition by 14,000 yuan (about $1,913) in China, a 4% increase from its previous price. Despite the increase, the vehicle is still cheaper than in October 2022 when Tesla first started reducing prices in China. The prices of all other variants of the SUV, as well as other Tesla models, remain unchanged.

Portfolio Pulse from Anan Ashraf

October 27, 2023 | 2:32 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin and Ethereum traded lower on Thursday evening, while Dogecoin spiked. The global cryptocurrency market cap declined 0.3% to $1.3 trillion. Memecoins like Floki, Dogecoin, and Shiba Inu saw upward momentum. The U.S. economy exhibited strong growth with the GDP rising at an annualized rate of 4.9% in the third quarter. However, the number of Americans applying for jobless benefits rose in the previous week to 210,000. Cryptocurrency trader Michaël van de Poppe observed that the markets were 'correcting' and urged not to panic.

Portfolio Pulse from Shivdeep Dhaliwal

October 27, 2023 | 2:17 am

AAPL

AMZN

CMG

INTC

US stocks traded lower with the Nasdaq Composite falling more than 1.7%. Amazon, Ford, Intel, Chipotle, and Apple were the top stocks that gained the attention of retail traders and investors. Amazon's Q3 revenue surged by 13% YoY to $143.1 billion, beating expectations. Ford reported an 11% YoY increase in Q3 revenue, amounting to $44 billion. Intel's Q3 earnings per share stood at 41 cents, surpassing the estimated 22 cents per share. Chipotle's Q3 revenue rose by 11.3% YoY to $2.5 billion. Apple is reportedly considering introducing two budget-friendly MacBook models tailored for the education sector.

Portfolio Pulse from Benzinga Neuro

October 27, 2023 | 1:33 am

STLA

The United Auto Workers (UAW) has reached a tentative agreement with Ford Motor Co. (NYSE:F) that would increase salaries for Ford workers by 25% over four-and-a-half years and raise top salaries for production workers to $40 an hour. The agreement is expected to relieve pressure from President Joe Biden's agenda. Shares of Ford, Stellantis NV (NYSE:STLA) and General Motors Co (NYSE:GM) have been on a downward trajectory since the strike began on Sept. 15. The agreement also includes the right to strike over plant closures and cost-of-living adjustments.

Portfolio Pulse from Natan Ponieman

October 26, 2023 | 10:08 pm

GASS

STEALTHGAS has announced a $10M increase to its existing common stock repurchase program, bringing the total aggregate amount to $25M.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:36 pm

BWMX

COUR

DECK

STRT

Several consumer discretionary stocks experienced significant movement in Thursday's after-market session. Coursera, Deckers Outdoor, and Strattec Security saw gains following their respective Q3, Q2, and Q1 earnings reports. Beachbody Co, Foresight Autonomous, and Aterian also saw increases. On the other hand, Yoshiharu Global, Betterware de Mexico SAPI, Ford Motor, Golden Sun Education Gr, Singing Machine Co, and Visionary Education Tech experienced declines, with Betterware de Mexico SAPI and Ford Motor's drops following their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 9:31 pm

BIO

CVRX

DXCM

PTCT

Healthcare stocks showed significant movement in Thursday's after-market session. CVRx, SeaStar Medical Holding, Eargo, DexCom, China SXT Pharmaceuticals, and Alaunos Therapeutics saw gains, while TransCode Therapeutics, PTC Therapeutics, ContraFect, Bio-Rad Laboratories, Day One Biopharmaceutical, and Processa Pharma experienced losses. Q3 earnings reports were released for CVRx, DexCom, PTC Therapeutics, and Bio-Rad Laboratories.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 9:31 pm