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AMD

QRVO

SMCI

Chip stocks are experiencing a downturn due to disappointing earnings reports and outlooks from AMD and Qorvo, as well as uncertainty caused by SMCI's auditor resignation.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:31 pm

CCI

Crown Castle (NYSE:CCI) has outperformed the market over the past 20 years with an average annual return of 10.08%, resulting in a $100 investment growing to $682.09. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 5:30 pm

RBC

RBC Bearings (NYSE:RBC) has significantly outperformed the market over the past 15 years, with an annualized return of 18.98%. A $1000 investment in RBC 15 years ago would be worth $14,181.19 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 5:30 pm

AMD

NVDA

AMD is making significant strides in the AI chip market, with CEO Lisa Su predicting a major AI supercycle. Jim Cramer supports AMD's potential, highlighting its partnerships with major tech companies. Despite positive earnings, AMD shares fell 9.54%.

Portfolio Pulse from Adam Eckert

October 30, 2024 | 5:16 pm

VST

Vistra (NYSE:VST) has seen significant options activity, with a mix of bullish and bearish sentiment among investors. The options activity suggests a potential price movement between $100 and $160. Analysts have mixed ratings, with price targets ranging from $141 to $178. The stock is currently trading at $125.42, down 0.98%.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 5:15 pm

RDDT

Reddit, Inc. (NYSE:RDDT) shares surged following a strong Q3 earnings report, with revenue up 68% year-over-year and a significant increase in daily active users. Analysts have raised price targets, citing growth in user engagement and advertising potential.

Portfolio Pulse from Erica Kollmann

October 30, 2024 | 5:14 pm

GOOG

GOOGL

META

NFLX

UBER

Netflix announced a leadership restructuring with the departure of two key executives, Rachel Whetstone and Dean Garfield. The company plans to create a new 'chief global affairs officer' role. Despite these changes, Netflix reported strong Q3 results with a 15% revenue increase and a 14.4% rise in global subscribers. Analysts remain optimistic about Netflix's growth prospects.

Portfolio Pulse from Anusuya Lahiri

October 30, 2024 | 5:09 pm

CIFR

Cipher Mining (NASDAQ:CIFR) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $-0.07. The company's past performance shows mixed results, with a notable EPS beat last quarter but a subsequent share price drop. Analysts rate Cipher Mining as 'Outperform' with a potential 43.23% upside. The company is expanding in the Bitcoin mining sector, showing positive revenue growth but trailing peers in the Information Technology sector.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 5:04 pm

BLNK

WBAT

Blink Charging Co. (NASDAQ:BLNK) has received a $2 million grant from the Illinois EPA to deploy 15 new EV charging stations in Illinois. The project includes 10 DC fast chargers and 5 Dual Port Level 2 stations. Blink will cover 30% of the costs and provide various services. The company recently partnered with Stable Auto to enhance EV charging services. BLNK shares are down 1.41% at $2.10.

Portfolio Pulse from Lekha Gupta

October 30, 2024 | 5:04 pm

CAR

Avis Budget Group (NASDAQ:CAR) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $8.69. Investors are keen on not just an earnings beat but also positive future guidance. In the past, the company's stock price has reacted to both earnings results and guidance.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 5:04 pm