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ORAN

Orange has reiterated its FY23 targets of slight growth in EBITDAaL, significant reduction in eCAPEX, and organic cash flow of at least EUR3.5B from telecom activities.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 9:10 am

FMC

Goldman Sachs analyst Adam Samuelson has downgraded FMC (NYSE:FMC) from Buy to Neutral and lowered the price target from $135 to $59.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:41 am

EWU

The U.K. Services Purchasing Managers Index (PMI) preliminary data came in at 49.2, slightly below the estimated 49.3 and the prior figure of 49.3. This indicates a contraction in the services sector.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:37 am

EWU

The U.K. Manufacturing Purchasing Managers Index (PMI) preliminary reading came in at 45.2, slightly above the estimated 44.7 and the prior reading of 44.3.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:36 am

EWU

The U.K. Composite Purchasing Managers' Index (PMI) preliminary reading came in at 48.6, slightly below the estimated 48.7 and slightly above the prior reading of 48.5.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:35 am

CVX

GM

GOOGL

HES

MSFT

The CNN Money Fear and Greed index showed some easing in the overall fear level but remained in the 'Fear' zone on Monday. The Nasdaq Composite settled higher on Monday ahead of earnings reports from Alphabet Inc., Microsoft Corporation, and General Motors Company. Chevron Corporation shares fell 3.7% after the company disclosed a deal to acquire Hess Corporation for $53 billion. The Dow Jones and the S&P 500 closed lower.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 8:26 am

GM

GOOG

MSFT

TBI

VZ

Alphabet, Microsoft, TrueBlue, Verizon, and General Motors are the stocks to watch heading into Tuesday. Alphabet and Microsoft are expected to report strong quarterly earnings after the closing bell, while TrueBlue posted weaker-than-expected results for its third quarter. Verizon and General Motors are projected to report their quarterly earnings before the markets open.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 8:25 am

AMZN

WMT

Over the past year, Walmart (NYSE:WMT) has outperformed Amazon (NASDAQ:AMZN) with a 17.26% jump compared to Amazon's 5.63%. However, year-to-date, Amazon has risen a solid 50.67% compared to Walmart’s 14.86%. Walmart is a consistent dividend payer, while Amazon does not have a dividend policy. Analysts are bullish on both stocks, with consensus recommendations of “Buy” for both. The relative attractiveness of these stocks largely depends on how the economic environment plays out.

Portfolio Pulse from Shanthi Rexaline

October 24, 2023 | 8:05 am

VGK

The Eurozone Services Purchasing Managers Index (PMI) for October was reported at 47.8, lower than the estimated 48.7 and the prior figure of 48.5.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:02 am

VGK

The HCOB Eurozone Composite Purchasing Managers Index (PMI) for October came in at 46.5, lower than the estimated 47.4 and the prior figure of 47.2. This indicates a contraction in the Eurozone's manufacturing and service sectors.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:01 am