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DOGEUSD

TSLA

Crypto influencer MartyParty has found a mention of Dogecoin (CRYPTO: DOGE) in the source code of Tesla’s Cybertruck checkout page. This has sparked curiosity among cryptocurrency enthusiasts. However, the mention of Dogecoin payment integration in the source code does not guarantee that DOGE will be integrated into Cybertruck. Tesla currently accepts Dogecoin for certain product purchases.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 11:44 am

QRVO

Citigroup analyst Atif Malik has downgraded Qorvo (NASDAQ:QRVO) from Neutral to Sell and lowered the price target from $116 to $78.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 11:41 am

PEP

QQQ

RIVN

SPY

U

U.S. stocks are expected to start cautiously on Tuesday, with modestly higher stock futures and PepsiCo's strong Q3 report boosting expectations for a positive earnings season. Bond yields continue to ease as traders expect a pause at the Federal Reserve's rate-setting meeting. However, upcoming inflation reports could keep sentiment guarded. Stocks advanced on Monday, with all S&P 500 sectors gaining ground. The SPDR S&P 500 ETF Trust and the Invesco QQQ ETF rose in premarket trading on Tuesday.

Portfolio Pulse from Shanthi Rexaline

October 10, 2023 | 11:27 am

BA

Boeing Company (NYSE:BA) has won a contract from TAAG Angola Airlines for four 787 Dreamliner jets. The deal aligns with TAAG Angola Airlines' fleet renewal plan. The terms of the deal were not disclosed. Boeing's shares are trading higher by 0.54% at $189.51 premarket on the last check Tuesday.

Portfolio Pulse from Lekha Gupta

October 10, 2023 | 11:20 am

EGPT

EIS

SPY

USO

Israel has warned Egypt that any trucks carrying supplies into Gaza will be bombed, according to N12 News. This could potentially escalate tensions in the region and impact the performance of related ETFs.

Portfolio Pulse from Charles Gross

October 10, 2023 | 11:11 am

CYN

Cyngn Inc. (NASDAQ:CYN), an AI-powered autonomous driving solutions developer, has announced a 10% pro rata dividend of its common stock. Stockholders will receive one share of Cyngn common stock for every ten shares they hold on the Record Date. Fractional shares will be rounded up to receive one whole share. Only stockholders with a long position will qualify for the stock dividend.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 11:09 am

META

TikTok and Instagram, owned by ByteDance and Meta Platforms Inc. (NASDAQ:META) respectively, continue to dominate as the world's most downloaded apps in September. Elon Musk's X and Mark Zuckerberg's Threads were notably absent from the rankings. X has seen a significant 18% drop in app downloads compared to last year, and its fortunes have plummeted to an alarming low, attracting only 10 million users between August and September.

Portfolio Pulse from Ananya Gairola

October 10, 2023 | 11:07 am

FAMI

Farmmi, Inc. has regained compliance with the Nasdaq's minimum bid price requirement. The company received a letter from Nasdaq stating that it has maintained a closing bid price of $1.00 per share or more for a minimum of 10 consecutive business days, thereby regaining compliance with the Listing Rule.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 11:07 am

PEP

PepsiCo Inc reported Q3 FY23 sales growth of 6.7% YoY to $23.45 billion, beating the analyst consensus estimate. Net revenue from Frito-Lay North America, Quaker Foods North America, and PepsiCo Beverages North America increased. Latin America sales jumped 21% YoY, and Europe sales scaled 2%. The company raised its FY23 adjusted EPS outlook from $7.47 to $7.54. PEP shares are trading higher by 2.22% in premarket.

Portfolio Pulse from Shivani Kumaresan

October 10, 2023 | 11:02 am

EVER

IDT

SCPL

EverQuote, SciPlay Corporation, and IDT Corporation are considered overbought stocks in the communication services sector, with RSI values above 70, indicating they may be overvalued. EverQuote and SciPlay reported better-than-expected Q2 results, while IDT is expected to report its Q4 and fiscal year 2023 results on Oct. 12, 2023.

Portfolio Pulse from Lisa Levin

October 10, 2023 | 10:54 am