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Stock Prices

CI

Shares of Cigna Group (NYSE:CI) are trading higher by 3.1% due to UnitedHealth's strong Q3 results and increased 2023 EPS guidance. The strong performance of UnitedHealth is seen as a reflection of a robust healthcare industry, which can benefit all companies within the sector, including Cigna Group.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 2:31 pm

AAPL

AMZN

BTCUSD

C

GLD

GOOG

JPM

LLY

META

MSFT

NVDA

NVO

PNC

QQQ

SLV

SPY

TSLA

UNH

USO

WFC

The stock market is moving up on news from the Middle East, with the 'momo' crowd buying stocks on statements from Iran and Hamas, and Israel's evacuation order in Gaza. Bank earnings from JPMorgan Chase, Wells Fargo, Citigroup, and PNC Financial Services are better than expected, as are earnings from UnitedHealth Group. The market is also responding to Novo Nordisk raising its growth targets and positive money flows in Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla. The momo crowd is selling gold and oil, while smart money is buying safe havens of dollar, Treasuries, gold, and silver.

Portfolio Pulse from The Arora Report

October 13, 2023 | 2:30 pm

CHTR

Charter Communications (NASDAQ:CHTR) has outperformed the market over the past 10 years by 1.79% on an annualized basis, producing an average annual return of 11.42%. If an investor had bought $1000 of CHTR stock 10 years ago, it would be worth $2,920.55 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 2:30 pm

AMAT

Applied Mat (NASDAQ:AMAT) has outperformed the market over the past 10 years by 13.47% on an annualized basis, producing an average annual return of 23.11%. If an investor had bought $100 of AMAT stock 10 years ago, it would be worth $805.06 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 2:30 pm

AKRO

EDSA

PLTR

PLUG

TUP

Benzinga's Stock Whisper Index highlights five stocks that warrant attention for the week of Oct. 13, 2023. These include Edesa Biotech Inc (EDSA), which announced a reverse stock split and secured a financial commitment from Canada's government for a Phase 3 clinical study; Palantir Technologies (PLTR), which secured a $250 million contract from the U.S. Department of Defense; Akero Therapeutics (AKRO), which saw a sharp drop in shares after disappointing Phase 2b study results; Tupperware Brands Corp (TUP), which saw increased volatility and trading after amendments to an existing credit agreement; and Plug Power Inc (PLUG), which saw increased investor attention after updating its long-term revenue guidance.

Portfolio Pulse from Chris Katje

October 13, 2023 | 2:26 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, META, and TSLA. The memo provides price levels for these stocks based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests that traders should closely monitor these stocks and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

October 13, 2023 | 2:26 pm

HRMY

Harmony Biosciences Holdings Inc (NASDAQ:HRMY) announced topline results from the INTUNE Phase 3 study of pitolisant in patients with idiopathic hypersomnia (IH). Approximately 83% of patients responded positively to the treatment, however, no statistically significant difference was observed between pitolisant and placebo groups on the primary endpoint. The safety profile of pitolisant was consistent with previous findings. HRMY shares are down 36.20% at $19.30.

Portfolio Pulse from Vandana Singh

October 13, 2023 | 2:23 pm

XOM

Exxon Mobil Corp's shares are trading higher due to rising crude oil prices following the U.S. sanctions on two shipping companies for violating the price cap on Russian oil and the Israel-Hamas conflict causing supply uncertainty. The West Texas Intermediate crude oil price surged by over 3.5%, surpassing the $85 per barrel mark. Exxon Mobil, as an energy company, benefits from rising oil prices and supply disruptions as it can sell its oil and gas products at higher prices.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 2:19 pm

PGR

Progressive Corporation's shares are trading higher by over 8% after reporting above-consensus Q3 earnings per share. The company disclosed a 20% Y/Y increase in Q3 net premiums earned to $14.89 billion, missing the consensus estimate of $15.46 billion. Adjusted EPS of $2.09 beat the analyst consensus estimate of $1.72. The combined ratio was 92.4% in Q3 vs 99.2% a year ago.

Portfolio Pulse from Nabaparna Bhattacharya

October 13, 2023 | 2:19 pm

CVS

Shares of CVS Health Corp (NYSE:CVS) are trading higher by 2.1% to $72.38, possibly due to positive sentiment in the healthcare sector following UnitedHealth's strong Q3 results and increased 2023 EPS guidance. This suggests a favorable operating environment for health insurance and managed care providers, potentially improving CVS's earnings outlook.

Portfolio Pulse from Henry Khederian

October 13, 2023 | 2:19 pm