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ADBE

ARM

NVDA

The U.K.'s Competition and Markets Authority has extended its investigation into Adobe Inc's $20 billion acquisition of Figma Inc, pushing the deadline to February 25. The deal is under scrutiny from global regulators, the EU, and the U.S. Department of Justice over concerns of reduced competition in the design software market. Adobe's shares traded lower by 2.84% following the news.

Portfolio Pulse from Anusuya Lahiri

October 25, 2023 | 4:06 pm

ASPA

BKYI

LRN

SFR

SONN

TMO

VICR

Thermo Fisher Scientific Inc. (TMO) reported mixed Q3 results and lowered its FY23 guidance. Abri SPAC I, Inc. (ASPA) shares rose after stockholders approved a merger with DLQ, Inc. BIO-key International, Inc. (BKYI) and Stride, Inc. (LRN) shares increased following Q3 results. Sonnet BioTherapeutics Holdings, Inc. (SONN) shares dropped after pricing a public offering. Appreciate Holdings, Inc. (SFR) shares fell after receiving a Nasdaq delisting notice. Vicor Corporation (VICR) shares fell after Q3 results.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 4:04 pm

GOOG

META

MSFT

NVDA

QQQ

Nvidia Corp's stock is trading lower, impacted by the U.S. Government's immediate additional export restrictions on several of its products. Analysts argue that the impact on Nvidia will be negligible due to its strong position in AI. Meanwhile, Microsoft Corp's earnings news received a positive response, while Alphabet, Inc's Cloud revenue growth failed to impress investors. Meta Platforms, Inc is set to report its quarterly earnings.

Portfolio Pulse from Anusuya Lahiri

October 25, 2023 | 4:02 pm

PCG

PG&E (NYSE:PCG) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.29. The company's past performance shows a pattern of EPS misses and modest share price increases. The stock is currently trading at $16.19, up 4.71% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:02 pm

CNP

CenterPoint Energy (NYSE:CNP) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.35. The company's past performance shows a pattern of beating EPS estimates but experiencing a slight drop in share price the following day. The stock is currently trading at $27.32, with a 52-week decrease of 2.11%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:01 pm

LEA

Lear Corporation (NYSE:LEA) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $2.67. The company's past performance shows a trend of share price drops following earnings reports, even when beating estimates. The stock is currently trading at $130.32, down 5.94% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:01 pm

MHK

Mohawk Industries (NYSE:MHK) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $2.66. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $78.65, down 20.54% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:01 pm

DDD

3D Systems has issued preliminary Q3 revenue results that are below guidance and has withdrawn its FY23 financial guidance. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 4:01 pm

DECK

Deckers Outdoor (NYSE:DECK) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $4.43. The company's past performance shows a pattern of beating EPS estimates but this has sometimes been followed by a drop in share price. The stock is currently trading at $496.1 and has seen a 38.9% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:01 pm

COLM

Columbia Sportswear (NASDAQ:COLM) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an EPS of $1.64. The company's past performance shows a trend of share price drops following earnings beats. The stock was trading at $70.42 as of October 24, with a 52-week return of -3.85%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 4:01 pm