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CRWD

DDOG

Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) are trading higher in sympathy with Datadog Inc. (NASDAQ:DDOG), after Datadog reported better-than-expected Q3 financial results and issued strong guidance. Datadog's shares are up more than 29% at $102.74, while CrowdStrike's shares are up nearly 4% at $194.15.

Portfolio Pulse from Erica Kollmann

November 07, 2023 | 4:36 pm

GILT

Gilat Satellite Networks Ltd reported Q3 FY23 revenue growth of 6% YoY to $63.9 million, missing the consensus of $67.9 million. Adjusted operating income was $6.1 million, up from $2.4 million a year ago. The company tightened its FY23 revenue forecast to $265 million-$275 million and raised operating income guidance to $29 million-$31 million. GILT shares were down 8.1% following the announcement.

Portfolio Pulse from Anusuya Lahiri

November 07, 2023 | 4:32 pm

ABBV

AbbVie's (NYSE:ABBV) short percent of float has fallen 7.14% since its last report, with 11.47 million shares sold short, which is 0.65% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards AbbVie. Compared to its peers, AbbVie has less short interest as a percentage of float, with an average of 4.19%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

ACN

Accenture's (NYSE:ACN) short percent of float has risen 25.0% since its last report, with 7.83 million shares sold short, which is 1.25% of all regular shares available for trading. It would take traders 3.96 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Accenture's peer group average for short interest as a percentage of float is 2.42%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

BX

Blackstone's (NYSE:BX) short percent of float has fallen 5.39% since its last report, indicating a more bullish sentiment towards the stock. The company has 32.65 million shares sold short, which is 4.56% of all regular shares available for trading. Compared to its peers, Blackstone has a higher short interest as a percentage of float, with an average of 2.81%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:30 pm

GH

Guardant Health Inc (NASDAQ:GH) reported Q3 revenue of $143 million, up 22% Y/Y, beating the consensus of $137.37 million. The company also posted a smaller than expected Q3 loss and raised its annual sales outlook. However, GH shares are down 5.70% at $26.16 on the last check Tuesday.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 4:26 pm

ELAN

Elanco Animal Health reported strong Q3 results and raised its FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:23 pm

FIS

Fidelity National Information Services (FIS) reported Q3 revenue of $2.489 billion, a 3% increase on a GAAP basis and 4% on an organic basis. The company's Q3 adjusted EPS of $1.65 beat the street view of $1.58. FIS also announced plans to repurchase approximately $500 million of shares in Q4 as part of a broader goal to repurchase at least $3.5 billion of shares by year-end 2024. Despite the positive earnings report, FIS shares are trading lower by 2.26% to $50.56.

Portfolio Pulse from Nabaparna Bhattacharya

November 07, 2023 | 4:23 pm

LVO

LiveOne has reiterated its guidance for FY24, expecting to add 800K-825K new paid members compared to the previous fiscal year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:22 pm

DASH

UBER

Uber Technologies Inc (UBER) reported its second consecutive operating profit in Q3, with $9.3 billion in revenue, an 11% YoY increase. The company's mobility segment brought in $5.07 billion, food delivery contributed $2.93 billion, and the freight business added $1.28 billion. However, Q3 results were below LSEG’s estimate. Uber's rival, DoorDash Inc (DASH), also reported its best quarter since its IPO, with $2.2 billion in Q3 revenue, a YoY increase of 24%.

Portfolio Pulse from Upwallstreet

November 07, 2023 | 4:20 pm