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F

Ford Motor Company (NYSE:F) has announced a series of organizational changes as part of its Ford+ growth plan. Kumar Galhotra, former head of Ford Blue, becomes COO and will lead Ford's global industrial system. Doug Field continues as chief EV digital and design officer. The changes aim to improve financial performance and investments in disruptive technologies. The announcement follows a warning from Bill Ford about the potential impact of the ongoing strike on the American automotive industry. Ford shares are trading lower by 1.70% to $11.84.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2023 | 4:30 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) has outperformed the market over the past 5 years by 23.89% on an annualized basis, producing an average annual return of 33.49%. If an investor had bought $100 of CMG stock 5 years ago, it would be worth $426.92 today.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 4:30 pm

HAL

Halliburton's (NYSE:HAL) short percent of float has fallen 6.41% since its last report, with 20.90 million shares sold short, which is 2.63% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Halliburton has less short interest as a percentage of float, with an average of 5.57%.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 4:30 pm

DD

DuPont de Nemours's (NYSE:DD) short percent of float has risen 99.24% since its last report, with 11.93 million shares sold short, which is 2.61% of all regular shares available for trading. It would take traders 5.76 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.00%.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 4:30 pm

SPGI

S&P Global's (NYSE:SPGI) short percent of float has fallen 13.73% since its last report, with 2.81 million shares sold short, which is 0.88% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, S&P Global has less short interest.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 4:30 pm

GS

Bryn Talkington, a frequent guest on CNBC, announced that she has sold her holdings in Goldman Sachs Group.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:29 pm

SPY

Federal Reserve's Christopher Waller stated that if inflation were to decrease to 2.5%, the Taylor Rule would suggest a cut in interest rates. This could potentially impact the broader market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:28 pm

BLK

BX

KKR

MS

SCHW

TFC

UBS

Financial services stocks are trading lower, potentially due to weak Q3 results from Morgan Stanley and rising Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:28 pm

LEXX

Lexaria Bioscience Corp received a Nasdaq Bid Price Deficiency Notice on October 17, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:28 pm

ARM

Keybanc analyst John Vinh initiated coverage on ARM Holdings Plc (NASDAQ:ARM) with an Overweight rating and a price target of $65. Vinh expects ARM to benefit from key semiconductor design trends, including rising chip complexity. He anticipates share gains will be the greatest within cloud infrastructure and automotive, ADAS market. Vinh projects 2Q revenue of $747.2 million vs. consensus $743.4 million and EPS of $0.26 vs. consensus $0.25.

Portfolio Pulse from Anusuya Lahiri

October 18, 2023 | 4:20 pm