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IPG

Interpublic Group of Companies Inc (NYSE:IPG) shares fell by around 4% after reporting Q3 FY23 results. The company reported revenue of $2.68 billion, beating the consensus of $2.38 billion. However, organic revenue was down 0.4% Y/Y in the quarter and adjusted EPS of $0.70 missed the consensus of $0.73. The company repurchased 6.1 million shares worth $219.0 million in the first nine months of 2023.

Portfolio Pulse from Lekha Gupta

October 20, 2023 | 1:16 pm

AAPL

Apple Inc.'s 16-inch MacBook Pro with M1 Pro chip is now available at a $1,000 discount on Adorama. The MacBook Pro, launched in late 2021, features a 16.2-inch Liquid Retina XDR display, 32GB RAM, 512GB SSD, and is rated to deliver 21 hours of usage on a single charge.

Portfolio Pulse from Rounak Jain

October 20, 2023 | 1:16 pm

EEFT

Euronet Worldwide Inc (NASDAQ:EEFT) reported Q3 FY23 revenue growth of 8% Y/Y to $1,004.0 million, exceeding the consensus of $983.68 million. The company's EFT Processing Segment revenues increased by 8% Y/Y to $345.8 million, led by growth in the POS acquiring business and Asia. The company expects Q4 FY23 adjusted EPS of $1.75, higher than the consensus of $1.68. EEFT shares are trading higher by 3.38% at $79.55 premarket.

Portfolio Pulse from Lekha Gupta

October 20, 2023 | 1:06 pm

BOWL

JWEL

LAZY

WAFU

In Friday's pre-market session, several consumer discretionary stocks saw significant movement. Bowlero (BOWL), Wah Fu Education Group (WAFU), LiveWire Gr (LVWR), Phoenix Motor (PEV), Grove Collaborative Hldgs (GROV), and Charles & Colvard (CTHR) saw increases, while Jowell Global (JWEL), Lazydays Hldgs (LAZY), Zapp Electric Vehicles (ZAPP), Harbor Custom Dev (HCDI), Newegg Commerce (NEGG), and Interactive Strength (TRNR) experienced decreases.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:06 pm

AHG

AMWL

ARAV

ARQT

ATNF

BCEL

BIOC

CMRA

ICU

LIPO

MHUA

PCSA

During Friday's pre-market session, several health care stocks experienced significant movement. Lipella Pharmaceuticals, Aravive, American Well, Akso Health Group, Comera Life Sciences, and 180 Life Sciences saw increases in their stock prices, while Processa Pharma, Arcutis Biotherapeutics, SeaStar Medical Holding, Biocept, Atreca, and Meihua Intl Medical Techs experienced decreases.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:06 pm

CISS

EFX

ESGL

FRGT

ILAG

NEOV

PIXY

RTO

RUN

SFWL

SPWR

TURB

During Friday's pre-market session, 12 industrial stocks showed significant movement. Gainers included Intelligent Living (ILAG), Freight Technologies (FRGT), NeoVolta (NEOV), Turbo Energy (TURB), Shengfeng Development (SFWL), and ShiftPixy (PIXY). Losers included C3is (CISS), SunPower (SPWR), ESGL Holdings (ESGL), Sunrun (RUN), Rentokil Initial (RTO), and Equifax (EFX), which recently released its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:05 pm

ALPP

AUUD

BTCM

CYN

EMKR

ENPH

GNSS

IFBD

SEDG

SLNH

SOBR

WTO

During Friday's pre-market session, several information technology stocks saw significant movement. Cyngn, Genasys, EMCORE, Auddia, Soluna Holdings, and BIT Mining experienced gains, while SolarEdge Technologies, Alpine 4 Holdings, Enphase Energy, UTime, Infobird Co, and Sobr Safe saw declines.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:05 pm

NUE

Nucor Corporation (NYSE: NUE) is considering potential sites in the Pacific Northwest to build a new rebar micro mill with an annual capacity of 650,000 tons. This would be Nucor's fourth rebar micro mill, joining its existing mills in Missouri and Florida and the mill currently under construction in North Carolina. The new mill would produce a full range of rebar sizes and have spooling capabilities. The rebar market is expected to show continued strength due to increased federal infrastructure spending.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:05 pm

GOOG

GOOGL

Google executive Kent Walker has called for industry-specific AI regulation, advocating a hub-and-spoke method for various sectors to manage technology independently. He dismissed the idea of a universal solution, comparing it to having a 'department of electricity'. Walker also expressed concern that premature or rigid regulations could stifle innovation. He favors collaborative research and the development of best practices over strict regulatory bodies. Google's shares traded lower by 0.38% at $138.45 premarket on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

October 20, 2023 | 1:04 pm

FNGR

FingerMotion, Inc. (NASDAQ:FNGR) has filed a federal lawsuit against Capybara Research, alleging that the research firm published a defamatory article to manipulate FingerMotion's stock price for their own benefit. The lawsuit alleges securities fraud violations, defamation, and interference with business. FingerMotion had previously announced the retention of The Basile Law Firm P.C. to investigate recent activities surrounding the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:03 pm