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PCAR

PACCAR (NASDAQ:PCAR) has outperformed the market over the past 20 years by 1.58% on an annualized basis, producing an average annual return of 8.82%. If an investor had bought $1000 of PCAR stock 20 years ago, it would be worth $5,522.97 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:00 pm

METC

In the last quarter, Ramaco Resources (NASDAQ:METC) received 4 bullish analyst ratings. The average price target for the stock is $12.38, which is higher than its current price of $9.77. This average has increased by 6.54% from the previous average price target of $11.62.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:00 pm

VCYT

Veracyte, Inc. (NASDAQ:VCYT) shares are volatile after-hours following the announcement of new data from a phase 3 trial validating the value of the Decipher Prostate Genomic Classifier. The data, presented at the 2023 American Society for Radiation Oncology (ASTRO) Annual Meeting, suggests that the Decipher Prostate test can more accurately categorize the risk of patients with clinically high-risk disease, aiding in appropriate treatment decisions.

Portfolio Pulse from Ryan Gustafson

October 04, 2023 | 8:52 pm

RIOT

Riot Platforms has announced its Bitcoin production for September, producing 362 Bitcoins and selling 340 at an average net price of $26,379 per Bitcoin.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:48 pm

ISRG

A significant bearish stance has been taken on Intuitive Surgical (NASDAQ:ISRG) by a large investor or institution. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $280.0 to $393.33 for Intuitive Surgical over the last 3 months. The price of ISRG is up 0.78% at $290.28.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 8:48 pm

XLB

XLE

XLRE

XLU

XLV

XLY

Merrill Lynch, a Bank of America company, has challenged the traditional wisdom surrounding the predictive power of the U.S. yield curve inversion for recessions. The inversion of the U.S. yield curve has been in effect since July 2022. However, the U.S. economy has defied expectations, weathering sharp Federal Reserve rate hikes with surprising resilience. Merrill warns of a significant risk of a potentially meaningful increase in unemployment over the next year. The firm is bullish on the Health Care Select Sector SPDR Fund (NYSE:XLV), bearish on the Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY), and favors overweights in the Utilities Select Sector SPDR Fund (NYSE:XLU) and the Energy Select Sector SPDR Fund (NYSE:XLE). It leans towards underweights in the Real Estate Select Sector SPDR Fund (NYSE:XLRE) and the Materials Select Sector SPDR Fund (NYSE:XLB).

Portfolio Pulse from Piero Cingari

October 04, 2023 | 8:47 pm

XOM

Exxon Mobil anticipates that changes in industry margins will positively impact its Q3 energy products earnings by $0.9B-$1.1B compared to Q2.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:43 pm

XOM

Exxon Mobil anticipates a positive impact on its Q3 upstream earnings due to changes in gas prices. The company expects an increase of $0.2B-$0.6B compared to Q2.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:40 pm

ACCD

Accolade, Inc. (NASDAQ:ACCD) shares fell in after-hours trading following the company's Q2 2024 earnings announcement. Despite beating sales estimates, the company's shares dropped by 9.23%. Accolade anticipates Q3 revenue to be between $95 million and $97 million, and full-year 2024 revenue between $410 million and $414 million.

Portfolio Pulse from Ryan Gustafson

October 04, 2023 | 8:37 pm

XOM

Exxon Mobil anticipates a negative impact on its Q3 Chemical Products earnings due to changes in industry margins. The company expects a decrease of $0.6B-$0.4B compared to Q2.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:36 pm