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AMD

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading lower by 4.8% due to possible sympathy with Texas Instruments Inc, which reported worse-than-expected Q3 sales results and issued Q4 revenue guidance below estimates. This could indicate potential issues in the broader supply chain, leading to concerns about semiconductor shortages and disruptions, which might negatively impact AMD. Lower sales and weaker revenue guidance from Texas Instruments could also be seen as a sign of broader economic challenges or slowdowns.

Portfolio Pulse from Henry Khederian

October 25, 2023 | 5:27 pm

EIS

SPY

USO

The Israeli Prime Minister has advised civilians in Gaza to move to the south. This could potentially escalate tensions in the region, affecting the performance of certain ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 5:21 pm

XPEV

XPeng Inc - ADR (NYSE:XPEV) shares are trading lower by 6.5% to $14.32 during Wednesday's session, following Tuesday's strength when Chinese stocks gained due to Beijing's plans to boost its economy. XPeng announced it will reveal its third-quarter unaudited financial results on Wednesday, November 15, before the open of U.S. markets.

Portfolio Pulse from Henry Khederian

October 25, 2023 | 5:15 pm

MDB

MongoDB's (NYSE:MDB) short percent of float has fallen 9.3% since its last report, indicating a decrease in bearish sentiment. The company has 3.58 million shares sold short, which is 5.85% of all regular shares available for trading. This is higher than the average short interest of its peer group, which stands at 5.41%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 5:15 pm

PANW

Palo Alto Networks's (NYSE:PANW) short percent of float has risen 4.12% since its last report, with 21.02 million shares sold short, which is 7.08% of all regular shares available for trading. This indicates that more traders are betting on the stock's price to fall. However, an increase in short interest can sometimes be bullish for a stock.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 5:15 pm

LLY

Eli Lilly's (NYSE:LLY) short percent of float has risen 11.27% since its last report, with 6.27 million shares sold short, which is 0.79% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, Eli Lilly has less short interest as a percentage of float, which is 3.28% on average.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 5:15 pm

R

Ryder System, Inc. (NYSE:R) reported a 4% YoY decline in Q3 FY23 revenue to $2.924 billion, missing the analyst consensus of $2.985 billion. Adjusted EPS of $3.58 beat the analyst consensus of $3.22. The company has authorized two new share repurchase programs, each allowing for the repurchase of up to 2.0 million shares of common stock. Ryder raised its FY23 adjusted EPS outlook to $12.60-$12.85. However, the company's shares are trading lower by 4.01%.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2023 | 5:12 pm

NIO

NIO Inc's shares are trading lower by 4.9% following a surge in Chinese stocks after Beijing announced economic stimulus measures. Nio has acquired defunct automaker Leopard to gain independent vehicle production certification, which may enable it to acquire two JAC factories and secure its EV production status. Nio is also exploring the purchase of plant assets from its manufacturing partner, JAC, and is in discussions with new investors to manage financial implications.

Portfolio Pulse from Henry Khederian

October 25, 2023 | 5:12 pm

ASPA

Trading of Abri SPAC I shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 5:10 pm

UMC

United Microelectronics (UMC) shares are trading lower following the release of their Q3 results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 5:06 pm