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BABA

JD

KWEB

NVDA

PDD

Alibaba Group Holding Limited (NYSE:BABA) is facing economic slowdown and deflationary pressure, with its stock trading lower. The U.S. government plans to halt shipments of advanced AI chips to China, affecting Nvidia Corp (NASDAQ:NVDA). Alibaba's Taobao & Tmall Group are offering massive discounts to compete with JD.com Inc (NASDAQ: JD) and PDD Holdings Inc (NASDAQ: PDD). Analysts have been reducing their price targets for Alibaba and JD.com due to sales not meeting expectations.

Portfolio Pulse from Anusuya Lahiri

October 17, 2023 | 2:08 pm

GS

Goldman Sachs CEO has warned of a 'significant' impact on its prime business if draft rules are implemented. The rules in question are not specified in the article.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 2:05 pm

AAPL

HNHPF

NVDA

Nvidia Corp (NVDA) is facing a potential impact due to the US government's plans to halt shipments to China of advanced AI chips, including Nvidia's A800 and H800 chips. The embargo extends to several countries and blacklists Chinese chip designers. Meanwhile, Nvidia's partnership with Foxconn (HNHPF) and Apple Inc (AAPL) continues, with plans for AI and electric vehicles. Nvidia's shares traded lower by 6.08% at $432.96.

Portfolio Pulse from Anusuya Lahiri

October 17, 2023 | 2:05 pm

PLD

Prologis Inc (NYSE:PLD) reported Q3 FY23 rental revenues of $1.78 billion, surpassing consensus estimates of $1.73 billion. However, core funds from operations per diluted share and net earnings per share fell compared to a year ago. The company's average occupancy stood at 97.1%. Prologis and its co-investment ventures issued an aggregate of $1.4 billion of debt at a weighted average interest rate of 3.2%. The company revised its FY23 guidance for net earnings per share and core FFO attributable to common stockholders.

Portfolio Pulse from Lekha Gupta

October 17, 2023 | 2:04 pm

REXR

Rexford Industrial Realty (REXR) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $0.56. The company's past performance shows a mixed trend in EPS and price change. The stock was trading at $49.3 as of October 16, with a 52-week return of -4.11%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:02 pm

LVS

Las Vegas Sands (NYSE:LVS) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $45.39 as of October 16, with a 28.01% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

SAP

SAP (NYSE:SAP) is set to release its quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an EPS of $1.41. Last quarter, SAP missed EPS by $0.13, resulting in a 0.07% increase in share price. Shares of SAP were trading at $130.7 as of October 16, with a 52-week increase of 48.32%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

WIT

Wipro (NYSE:WIT) is set to release its latest quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an earnings per share (EPS) of $0.07. Last quarter, the company missed EPS by $0.01, followed by a 2.5% increase in share price. Wipro's shares were trading at $4.91 as of October 16, with an 8.41% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

NTRS

Northern Trust (NASDAQ:NTRS) is set to release its quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an EPS of $1.50. The company's past performance shows a trend of share price drops following earnings misses. The stock was trading at $68.85 as of October 16, with a 52-week return of -14.05%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

ABT

Abbott Laboratories (NYSE:ABT) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $1.10. The company's past performance shows a pattern of beating EPS estimates, which has sometimes led to an increase in share price. However, the stock has been down 6.06% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm