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EWQ

The preliminary Manufacturing Purchasing Managers Index (PMI) for France in October is reported at 42.6, lower than the estimated 44.4 and the prior figure of 44.2.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:16 am

EWG

Germany's GfK Consumer Climate for November was reported at -28.1, worse than the estimated -26.6 and the revised prior of -26.7. This indicates a decline in consumer confidence in Germany.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:06 am

EWU

The U.K. claimant count change for September was significantly higher than estimated, coming in at 20.4K versus the 2.3K estimate. The prior figure was revised to -9.0K.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:05 am

BTCUSD

DOGEUSD

ETHUSD

Dogecoin co-creator Billy Markus expressed his hopes for Bitcoin's monumental price surge and revealed his three favorite cryptocurrencies: Bitcoin, Ethereum, and Dogecoin. He also mentioned his strained relationship with the Dogecoin community. In related news, BlackRock’s iShares Bitcoin Trust, a highly anticipated spot Bitcoin ETF, has made significant progress towards its launch.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 6:00 am

ARKK

ARKQ

ARKW

TSLA

Despite Tesla's recent price cuts and economic uncertainty leading to cautious investor sentiment, Ark Investment Management remains optimistic about the company. Concerns have been raised about the production ramp-up of the Cybertruck and the impact of rising interest rates on consumer purchasing power. However, Ark believes Tesla is 'years ahead' of competition in producing cost-effective, high-performance electric vehicles. Tesla remains the top holding of two of Ark's major ETFs, ARK Innovation ETF and the ARK Autonomous Technology & Robotics ETF, and the fifth biggest holding in the ARK Next Generation Internet ETF.

Portfolio Pulse from Shanthi Rexaline

October 24, 2023 | 5:35 am

BTCUSD

Crypto analyst CrediBULL Crypto predicts that the current bull market is just the beginning, as Bitcoin surpasses $34,000. The analyst believes that the largest market moves occur when the Relative Strength Index (RSI) surpasses the overbought threshold on higher time frames. This comes as Bitcoin's price surge coincides with the progress of the highly anticipated spot Bitcoin ETF by BlackRock, known as the iShares Bitcoin Trust.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 5:21 am

General Electric (GE) is expected to report higher Q3 earnings of 56 cents per share, up from 35 cents per share a year ago. However, the company's revenue might decrease to $15.7 billion from $18.62 billion in the year-ago period. Several analysts have recently updated their price targets for GE, with the highest target set at $135 by Citigroup.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 5:15 am

BBJP

DXJ

EWJ

The Bank of Japan's Core Consumer Price Index (YoY) has risen to 3.4%, surpassing the estimated 3.3% and the prior 3.3%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:07 am

BTCUSD

SHIBUSD

Shiba Inu (SHIB) has seen a 6% increase and a 600% spike in token burn rate amid a wider market rally due to optimism surrounding potential approval of Bitcoin (BTC) spot ETFs. The trading volume of SHIB surged by 147.39%, reaching $245 million within a 24-hour period. This coincides with Bitcoin's recent milestone of surpassing $34,000. The price movements align with a significant development related to the highly anticipated spot Bitcoin ETF by BlackRock, known as the iShares Bitcoin Trust.

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 4:58 am

FSR

TSLA

Fisker Inc (NYSE:FSR) has announced price adjustments for its Ocean SUV models. The high-end Ocean Extreme trim will now cost $7,500 less, while the Ocean Ultra and Sport trims will see price increases of $3,000 and $1,500 respectively. The new pricing will take effect from November 6. The price adjustments come as Fisker aims to stay competitive in the rapidly growing EV market, with the Ocean Extreme trim now priced close to Tesla Inc's (NASDAQ:TSLA) Model Y Performance.

Portfolio Pulse from Anan Ashraf

October 24, 2023 | 4:24 am