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MPW

Medical Properties Trust Inc's shares surged by around 15% after reporting Q3 FY23 earnings. The company reported revenues of $306.6 million, missing the consensus of $341.8 million. However, it revised its 2023 NFFO per share guidance to $1.56-$1.58 from $1.53-$1.57 earlier. The company also noted strong and consistent rent coverage for Circle Health's 36 facilities leased from it across the U.K.

Portfolio Pulse from Lekha Gupta

October 26, 2023 | 3:21 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

Meta Platforms Inc reported strong earnings, but the stock fell due to market mechanics and economic uncertainty. The company's stock fell as it pointed out that Meta is an advertising business and the economic environment is uncertain. The stock market's reaction to Meta's earnings is similar to its reaction to Alphabet's earnings. The economy is running hot with Q3 GDP-Adv at 4.9% vs. 4.7% consensus and durable orders at 4.7% vs. 1.5% consensus. Money flows are positive in Meta but negative in Apple, Amazon, Alphabet, Microsoft, NVIDIA, and Tesla. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

October 26, 2023 | 3:20 pm

HTZ

Hertz Global Holdings Inc reported Q3 2023 revenue growth of 8% Y/Y to $2.703 billion, beating consensus estimates. However, the company's adjusted EPS of 70 cents missed the consensus of $0.76. Revenues from Americas RAC segment and International RAC increased by 6% and 17% respectively. The company also saw growth in its rideshare business. Despite these, HTZ shares are trading lower by 14.4%.

Portfolio Pulse from Anusuya Lahiri

October 26, 2023 | 3:18 pm

BPOP

Popular Inc. reported better-than-expected Q3 earnings per share (EPS) results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 3:17 pm

SCHW

A significant investor has taken a bearish stance on Charles Schwab (NYSE:SCHW), with 100% of recent unusual trades being bearish. The trades include 3 puts and 7 calls, with a total value of $691,335. The targeted price range for Charles Schwab over the last 3 months is $45.0 to $60.0. The current price of SCHW is up 4.42% at $51.55. Analysts from JP Morgan, Barclays, Morgan Stanley, and JMP Securities have maintained their ratings on Charles Schwab, with price targets ranging from $55 to $85.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:17 pm

INTU

A significant bearish stance has been taken on Intuit (NASDAQ:INTU) as indicated by unusual options activity. The sentiment among big-money traders is split between 30% bullish and 70% bearish. Whales have been targeting a price range from $490.0 to $740.0 for Intuit over the last 3 months. Piper Sandler, Wolfe Research, HSBC, and Wells Fargo have given price targets of $642, $660, $520, and $575 respectively.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:17 pm

CRS

Carpenter Technology reported better-than-expected Q1 EPS results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 3:16 pm

NEU

NewMarket Corporation (NEU) reported a year-over-year increase in Q3 earnings per share (EPS), which has led to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 3:11 pm

FTAI

FTAI Aviation reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 3:11 pm

CHE

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

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 3:10 pm