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JNK

SJNK

SUSA

XLB

Medium-cap ETFs have seen significant changes in net assets. iShares MSCI USA ESG Select ETF (SUSA) and Materials Select Sector SPDR Fund (XLB) have seen increases in net assets, while SPDR Bloomberg High Yield Bond ETF (JNK) and SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) have seen decreases. SUSA and XLB offer exposure to companies with high ESG ratings and the US materials sector respectively, while JNK and SJNK offer exposure to corporate junk bonds.

Portfolio Pulse from Johnny Rice

October 12, 2023 | 8:57 pm

GDXJ

IHI

KWEB

VDC

Medium-cap ETFs with AUM between $2 billion and $10 billion were screened for weekly returns. Winners include VanEck Gold Miners ETF (GDXJ) and KraneShares CSI China Internet ETF (KWEB), up 8.24% and 8.03% respectively. Losers include iShares U.S. Medical Devices ETF (IHI) and Vanguard Consumer Staples ETF (VDC), down 2.83% and 1.87% respectively.

Portfolio Pulse from Johnny Rice

October 12, 2023 | 8:57 pm

F

Ford Motor Company is reportedly struggling with contract negotiations with the United Auto Workers (UAW) union, indicating it may have reached its maximum limit for financial concessions. The company's shares experienced a 2% drop on Thursday, ending a four-day streak of gains. The ongoing contract talks could potentially impede Ford's future growth and innovation strategies.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 8:53 pm

BDC

Belden has revised its Q3 adjusted EPS forecast to $1.75-$1.77 from the previous $1.75-$1.85, which is lower than the estimated $1.82. The company also reduced its revenue projection to approximately $625M from the earlier $675M-$690M, against the estimated $685.19M.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:50 pm

ARKK

NVDA

TARK

TSLA

Cathie Wood, head of ARK Invest, is known for her forward-thinking investing approach, focusing on disruptive technologies. She bought stock in Tesla and NVIDIA in 2016. ARK Invest offers 8 US-listed ETFs, including ARK Innovation ETF, ARK Genomic Revolution ETF, ARK Next Generation Internet ETF, ARK Autonomous Technology & Robotics ETF, ARK Fintech Innovation ETF, ARK Space Exploration & Innovation ETF, 3D Printing ETF, and ARK Israel Innovative Technology ETF. The firm's funds have consistently outperformed the market, but are more prone to downswings. The AXS 2X Innovation ETF aims to return twice the daily return of ARKK.

Portfolio Pulse from Johnny Rice

October 12, 2023 | 8:47 pm

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares fell in after-hours trading following the company's announcement of preliminary Q3 results. The company reported a 60% decrease in total revenue compared to the same period last year, mainly due to a $1.0 million decline in BARDA revenue. The company also announced FDA 510(k) clearance for the T2Biothreat Panel and 510(k) submission for Acinetobacter baumannii detection. The stock price drop follows a 43.9% decrease during regular trading due to a reverse stock split.

Portfolio Pulse from Ryan Gustafson

October 12, 2023 | 8:46 pm

HUM

A significant bullish stance has been taken on Humana (NYSE:HUM) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 80% bullish and 20% bearish. The targeted price range for Humana over the last three months has been $440.0 to $520.0. Cantor Fitzgerald has downgraded its action to Overweight with a price target of $597, while Jefferies has maintained their Buy rating with a price target of $586.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:46 pm

FTNT

A significant bearish stance has been observed in Fortinet's (NASDAQ:FTNT) options activity, with 81% of investors opening trades with bearish expectations. Whales have been targeting a price range from $55.0 to $65.0 for Fortinet over the last 3 months. The price of FTNT is down -1.64% at $58.0. Several experts have downgraded their actions on Fortinet, with price targets ranging from $68 to $90.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:46 pm

DG

Dollar General Corp (NYSE:DG) shares are trading higher after the company updated its outlook and appointed a new CEO. The company now expects net sales growth to be between 1.5% and 2.5% for fiscal-year 2023, and earnings are expected to be in the range of $7.10 to $7.60 per share. Former CEO Todd Vasos has been selected to take over the role of CEO after Jeff Owen's resignation.

Portfolio Pulse from Adam Eckert

October 12, 2023 | 8:42 pm

OM

Outset Medical has reported its preliminary Q3 financial results, which has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:36 pm