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RBLX

Roblox Corp (RBLX) has received positive reviews from several analysts following its Q3 2023 performance, which showed a 20% net bookings increase and a strategic reduction in expenses. Analysts from Benchmark, Roth MKM, Piper Sandler, Wedbush, and Stifel have reiterated Buy ratings and increased their price targets. They expect Roblox's growth to accelerate through expanding its player base, tapping emerging international markets, monetizing an advertising platform, and controlling expense growth. However, RBLX shares traded lower by 3.54% at $37.92 on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

November 09, 2023 | 7:57 pm

TEVA

Teva Pharmaceutical Industries Ltd.'s shares are trading lower following the release of its Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:55 pm

TWLO

Twilio Inc (NYSE:TWLO) reported Q3 revenue of $1.03 billion, beating the consensus estimate of $989.28 million, a 5% YoY increase. Analysts from Mizuho, Oppenheimer, Stifel, KeyBanc Capital Markets, and Needham have provided their insights on the company's performance and future prospects. The resignation of Elena Donio, TD&A President, has raised concerns about the company's future growth. Despite this, analysts have raised their FY23 revenue and EPS estimates.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 7:52 pm

BCHUSD

Bitcoin Cash (BCH) is trading lower by 4.5% due to recent cryptocurrency market volatility. This volatility is linked to growing optimism about the SEC's potential approval of a Bitcoin ETF. Financial firms are adjusting their applications, with Bloomberg suggesting a 90% chance of approval by January 10, 2024. The introduction of a Bitcoin ETF can increase liquidity and market depth, causing price swings.

Portfolio Pulse from Henry Khederian

November 09, 2023 | 7:52 pm

BIRD

Piper Sandler analyst Edward Yruma has maintained a Neutral rating on Allbirds (NASDAQ:BIRD) and lowered the price target from $2 to $1.8.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:51 pm

EXPI

eXp World Holdings Inc (NASDAQ:EXPI) shares are falling after the announcement of CFO Jeff Whiteside's resignation. The company has initiated a search for his successor. In the meantime, Kent Cheng, the company's Chief Accounting Officer, will assume the role of Principal Financial Officer. EXPI shares are currently trading lower by 6.58% at $89.96.

Portfolio Pulse from Shivani Kumaresan

November 09, 2023 | 7:51 pm

BABA

Deep-pocketed investors have shown a bullish approach towards Alibaba Gr Holding (NYSE:BABA), with significant options activity observed. The major market movers are focusing on a price band between $55.0 and $270.0 for Alibaba. The general sentiment among these investors is divided, with 51% leaning bullish and 48% bearish. The current price of BABA is $84.59, with the next earnings report scheduled for 7 days from now. Analysts have an average target price of $130.33 for the stock.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:47 pm

AZO

AutoZone (NYSE:AZO) has seen significant options trading activity, with 17 unusual trades identified. Analysis shows 35% of traders were bullish, while 64% were bearish. The trades included 2 puts valued at $54,650 and 15 calls valued at $1,713,708. Investors are aiming for a price range of $900.0 to $2950.0 for AutoZone over the next three months. The company's stock price is currently $2652.85.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:47 pm

MDB

Recent unusual options activity indicates a bearish sentiment towards MongoDB (NASDAQ:MDB). Analysis revealed 12 unusual trades, with 58% showing bearish tendencies. Significant investors are aiming for a price territory of $250.0 to $410.0 for MongoDB over the next three months. The company's stock is currently trading at $371.94, up by 0.51%. Three market experts have recently issued ratings for this stock, with a consensus target price of $439.0.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:47 pm

PSNY

Polestar's shares are trading lower following the company's Q3 sales results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:46 pm