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The article discusses various regulatory, financial, and operational updates from multiple companies. Key points include potential delays in the PGA Tour and LIV Golf merger due to regulatory concerns, Snap Inc facing UK regulatory hurdles over privacy concerns, Philips' ventilator device recall facing FDA's discontent, Micron's $15B investment in a new Idaho facility, Novo Nordisk's weight loss drugs posing serious stomach risks, Shell revising its Q3 FY23 operational outlook, MGM Resorts expecting a $100M blow from a recent cybersecurity breach, GSK cutting stake in Haleon, TSMC's earnings fueled by AI demand, Netflix's growth issues in India, Uber facing legal hurdles in EU, ConAgra considering a makeover in portion sizes amid diet drug wave, PayPal facing a class-action suit accused of forcing higher price, Nvidia, Intel, Qualcomm challenging Biden's China restrictions, and Microsoft nearing the completion of Activision Blizzard acquisition.

Portfolio Pulse from Vandana Singh

October 06, 2023 | 2:05 pm

DIA

IWM

QQQ

SPY

Major indexes are down due to a rise in Treasury yields. A strong September jobs report could exacerbate fears of the Federal Reserve raising rates to combat inflation.

Portfolio Pulse from Bill Haddad

October 06, 2023 | 2:04 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading lower after the company priced its $1.5 billion green convertible senior notes offerings. The issuance of these notes increases Rivian's debt obligations, which could raise concerns among investors about the company's ability to service its debt and its creditworthiness. The notes have an annual interest rate of 3.625% and will mature on October 15, 2030. They can be converted into cash, Rivian shares, or a combination of both.

Portfolio Pulse from Henry Khederian

October 06, 2023 | 2:01 pm

WCC

In the last quarter, WESCO Intl (NYSE:WCC) received 5 somewhat bullish ratings and 1 indifferent rating from analysts. The company's average 12-month price target is $184.0, representing a 4.07% decrease from the previous average price target of $191.80.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:01 pm

Over the past 15 years, Ford Motor (NYSE:F) has outperformed the market by 1.28% on an annualized basis, producing an average annual return of 11.25%. If an investor had bought $100 of F stock 15 years ago, it would be worth $594.72 today.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:01 pm

IMOS

ChipMOS TECHNOLOGIES Inc reported Q3 revenues of $173.1 million, an increase of 2.5% Q/Q and 6.2% Y/Y. The growth was attributed to healthier channel inventory levels and stable loading levels of the DDIC high-end test platform. However, the company's shares traded lower by 1.24% at $23.04 on the last check Friday.

Portfolio Pulse from Lekha Gupta

October 06, 2023 | 2:00 pm

TRGP

Over the past 3 months, 6 analysts have published their opinion on Targa Resources (NYSE:TRGP) stock. The analysts have an average price target of $105.67 versus the current price of Targa Resources at $80.3, implying upside. This current average has increased by 3.19% from the previous average price target of $102.40.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:00 pm

ABT

Abbott Laboratories' (NYSE:ABT) short percent of float has fallen 7.58% since its last report, with 10.61 million shares sold short, which is 0.61% 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, Abbott Laboratories has less short interest as a percentage of float, with an average of 3.26%.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:00 pm

PSX

Phillips 66's (NYSE:PSX) short percent of float has risen 3.7% since its last report, with 9.95 million shares sold short, which is 2.52% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Phillips 66 has less short interest as a percentage of float, with an average of 9.50%.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:00 pm

RGA

Analysts have provided various ratings for Reinsurance Gr (NYSE:RGA) within the last quarter, with 1 bullish, 2 somewhat bullish, and 4 indifferent. The average price target is $164.29, compared to the current price of $142.75, implying an upside. This average represents a 0.43% decrease from the previous average price target of $165.00.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:00 pm