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UPWK

Upwork has approved a $100 million share buyback program. This move is expected to boost investor confidence and potentially increase the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:28 pm

AMZN

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) reported strong Q3 earnings, beating both EPS and revenue estimates. The company also increased its 2023 production guidance to 54,000 vehicles, citing progress on production lines and an improved supply chain outlook. Rivian ended the quarter with $9.13 billion in cash, equivalents and short-term investments. Amazon.com Inc (NASDAQ:AMZN), which has over 10,000 electric delivery vehicles from Rivian in its fleet, remains focused on bringing 100,000 delivery vans to the road.

Portfolio Pulse from Adam Eckert

November 07, 2023 | 9:27 pm

MASI

Masimo Corporation reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:27 pm

POWI

Power Integrations reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:26 pm

KIND

Nextdoor Holdings (NYSE:KIND) reported its Q3 earnings results, with an in-line EPS of $-0.1 and revenue up $2.14 million from the same period last year. Last quarter, the company beat on EPS by $0.01, which was followed by a 15.17% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:26 pm

MASI

Masimo (NASDAQ:MASI) reported Q3 earnings, beating estimated earnings by 6.78% with an EPS of $0.63, against an estimate of $0.59. However, revenue was down $70.40 million from the same period last year. Last quarter, the company missed on EPS by $0.24, which led to a 1.7% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 9:25 pm

UPST

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

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:24 pm

AXON

Axon has updated its FY23 revenue forecast to approximately $1.55 billion, an increase from the previous range of $1.51 billion to $1.53 billion. This is also higher than the estimated $1.53 billion.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:24 pm

INSP

Inspire Medical Systems reported its Q3 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:23 pm

AKAM

Akamai Technologies reported better-than-expected Q3 financial results and issued guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:22 pm