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TSLA

A fleet of Tesla's Cybertrucks was spotted at the company's Texas Gigafactory, sparking speculation of an imminent delivery event announcement. The test program for the Cybertruck, which has seen the vehicles distributed around the U.S. and as far as New Zealand for cold-weather testing, is one of Tesla's most extensive to date. Despite numerous sightings and a missed delivery event timeline last quarter, a launch date for the production model remains undisclosed. Observers speculate that Tesla may announce the delivery event in conjunction with the release of its Q3 earnings.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 9:28 am

VGK

The Eurozone ZEW Economic Sentiment for October has been reported at 2.3, significantly better than the estimated -8 and the previous -8.9. This indicates a positive shift in economic sentiment within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:07 am

EWG

Germany's ZEW Current Conditions for October came in at -79.9, slightly better than the estimated -80.9, but worse than the prior figure of -79.4.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:06 am

ERIC

Ericsson has announced that it expects lower than normal seasonality in sales between Q3 and Q4 for its Networks and Cloud Software and Services. The company also expects its Q4 EBITA margin to be 10%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:57 am

GS

Goldman Sachs CEO David Solomon has decided to step back from DJing at high-profile events due to increasing media scrutiny. The decision was made about a year ago, and Solomon has not DJed at any public event since then. His DJing hobby had previously drawn the attention of Goldman Sachs’ board of directors. Solomon's leadership style and the firm's financial performance under his leadership have also been under scrutiny.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 8:51 am

ERIC

Telefonaktiebolaget L M (NASDAQ:ERIC) reported Q3 earnings of $0.07 per share, meeting analyst consensus. This is a 56.25% decrease from last year's earnings. The company's quarterly sales of $5.96 billion missed the analyst consensus of $6.27 billion by 4.90%, a 7.68% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:50 am

FFIE

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) has unveiled a 'master plan' to achieve financial stability without overreliance on external funding. The plan focuses on cost reduction and in-house sourcing of capital-intensive systems. The company expects the plan to lead to positive cash flow and profitability. Faraday Future reported no revenue but a net loss of $124.9 million in Q2. The company's shares have plummeted by 95.02% year-to-date.

Portfolio Pulse from Anan Ashraf

October 17, 2023 | 8:15 am

AAPL

SSNLF

XIACY

Apple Inc. reported a 9% decline in iPhone shipments in Q3 2023, the slowest decline among major smartphone makers. The global smartphone market hit its lowest Q3 levels in a decade, according to Counterpoint Research. Apple's market share increased to 16% from 15% a year ago. Samsung Electronics and Xiaomi Corp. saw their shipments fall by 13% and 15% respectively.

Portfolio Pulse from Rounak Jain

October 17, 2023 | 8:14 am

TLSA

Tiziana Life Sciences has announced new clinical results from its work in treating non-active secondary progressive multiple sclerosis with intranasal Foralumab. The company's shares are listed on the NASDAQ as TLSA.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:04 am

BAC

GS

SCHW

UAL

The CNN Money Fear and Greed index showed some easing in the fear level, but remained in the 'Fear' zone on Monday. U.S. stocks and Treasury yields rose as investors monitored the Israel-Hamas conflict. Charles Schwab Corporation reported better-than-expected Q3 earnings. Investors are awaiting earnings results from Bank of America, Goldman Sachs Group, and United Airlines Holdings. The NY Empire State Manufacturing Index declined to -4.6 in October.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 7:45 am