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Morgan Stanley, Abbott Laboratories, J.B. Hunt Transport Services, Interactive Brokers, and U.S. Bancorp are in focus as they report earnings. Morgan Stanley and Abbott are expected to release earnings before the market opens. J.B. Hunt exceeded expectations, while Interactive Brokers reported weaker results.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 6:34 am

EWU

The U.K. Consumer Price Index (CPI) for September remained flat at 0.0%, missing the estimated 0.1% and down from the previous 0.3%. This indicates a slowdown in inflationary pressures in the U.K. economy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:09 am

EWU

The U.K. Consumer Price Index (CPI) for September increased by 1.7% year-over-year, which is below the estimated 1.9% and the previous month's 2.2%. This indicates a slowdown in inflation in the U.K.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:08 am

TSLA

Tesla has received approval to begin the first stage of its Berlin Gigafactory expansion, despite local protests. The expansion includes infrastructure for storage, a battery cell test lab, and logistics areas. Tesla's EU car registrations have fallen, and recent deliveries were below expectations, impacting stock performance.

Portfolio Pulse from Anan Ashraf

October 16, 2024 | 6:05 am

AAPL

Apple Inc. (NASDAQ:AAPL) faces a sales ban of its iPhone 16 in Indonesia due to a $15 million shortfall in meeting its investment obligations. The company has invested $95.08 million but needs to fulfill a commitment of $109.59 million. This ban comes despite Apple's recent market success.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 5:47 am

WDS

Woodside Energy has announced its decision to delist from the London Stock Exchange, with the last trading day set for November 19. This move may impact its stock trading dynamics.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:42 am

CTSH

Cognizant has introduced a multi-agent AI orchestration for its Neuro platform, aimed at accelerating enterprise AI innovation. The platform has already been utilized by numerous businesses to develop AI decision-making use cases that enhance business value.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:07 am

HCM

HUTCHMED announced that the combination of TAGRISSO and ORPATHYS showed clinically meaningful responses in lung cancer patients with high MET overexpression or amplification in the SAVANNAH Phase II trial. This combination targets MET-driven resistance in EGFR-mutated lung cancer.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:58 am

AAPL

Apple Inc. has unveiled an upgraded iPad Mini, featuring a new A17 Pro chip, faster CPU and GPU, and enhanced AI capabilities. The device is available for pre-order with a starting price of $499 and will be released on October 23. This marks the first significant update to the iPad Mini since 2021.

Portfolio Pulse from Ananya Gairola

October 16, 2024 | 4:23 am

LTC

Litecoin surged over 7% after Canary Capital filed for a spot ETF tracking its price, marking it as the market's biggest gainer. The filing has increased trading volume by 149%, pushing Litecoin to its highest value in two and a half months.

Portfolio Pulse from Aniket Verma

October 16, 2024 | 4:19 am