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SPY

President Biden delivers remarks on his Investing in America agenda, which may have implications for the broader US economy and stock market.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:23 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares surged over 21% following a controversial campaign rally at Madison Square Garden. The stock is heavily influenced by Trump's presidential campaign events rather than company fundamentals. Despite the recent gains, investment fund manager Matthew Tuttle predicts a potential decline post-election, regardless of the outcome.

Portfolio Pulse from Erica Kollmann

October 29, 2024 | 6:20 pm

LEU

Centrus Energy shares rose following the announcement of better-than-expected Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:18 pm

MRK

Merck & Co Inc. (NYSE:MRK) shares are trading at $104.14, experiencing a 0.08% drop. Over the past month, the stock decreased by 9.23%, but increased by 1.26% over the past year. The company's P/E ratio is 19.3, lower than the Pharmaceuticals industry average of 37.23, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 6:18 pm

CRUZ

PEJ

RCL

Royal Caribbean Cruises Ltd. (NYSE:RCL) reported mixed Q3 results with revenue slightly missing expectations but EPS beating estimates. However, Goldman Sachs cautions about rising Q4 costs and lower EPS guidance, partly due to Hurricane Milton and cost shifts. Despite short-term concerns, long-term demand and pricing conditions are improving.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 6:17 pm

PACB

PacBio shares rose following the announcement of its new SPRQ sequencing chemistry for Revio sequencing systems.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:16 pm

TMDX

TransMedics Group Inc (NASDAQ:TMDX) reported disappointing Q3 results, missing EPS and sales expectations. Despite a 64% sales increase, the stock fell 30.6% due to missed targets and lowered analyst price targets. Analysts maintain positive ratings but adjust price targets downward.

Portfolio Pulse from Vandana Singh

October 29, 2024 | 6:14 pm

JOBY

Joby Aviation's stock is trading lower following JP Morgan's decision to maintain a Neutral rating and lower the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:09 pm

JL

J-Long Group shares have resumed trading after a temporary halt. The resumption of trading could indicate a resolution of any issues that led to the halt.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:09 pm

EKSO

Ekso Bionics shares declined following Lake Street's decision to lower its price target from $2.50 to $2.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:06 pm