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AIQ

IGM

IXN

ROBT

The IMF warns that while AI can enhance market efficiency, it also poses risks of increased volatility and cyber threats. AI-driven trading, especially in equities and bonds, could lead to market instability. The IMF suggests enhancing regulation and supervision of AI-related activities.

Portfolio Pulse from Pooja Rajkumari

October 16, 2024 | 7:56 am

ABT

Abbott Laboratories is set to release its Q3 earnings on Oct. 16, with analysts expecting an EPS of $1.2 and revenue of $10.55 billion. Recent analyst ratings show positive sentiment, with several analysts raising their price targets.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 7:53 am

TSLA

Tesla's 'We, Robot' event showcased autonomous driving with 19 Cybercabs and 29 Model Ys, offering 1,300 safe trips to over 2,000 guests. The event highlighted Tesla's advancements in autonomous vehicles, with plans to introduce the Cybercab under $30,000 by 2026.

Portfolio Pulse from Anan Ashraf

October 16, 2024 | 7:35 am

AMD

ASML

BAC

NVDA

UNH

U.S. stocks fell on Tuesday, with the Nasdaq down 1% amid a decline in chipmaker stocks. ASML shares dropped over 16% due to an early earnings release, while NVIDIA and AMD also saw declines. UnitedHealth shares fell over 8% after lowering its EPS outlook. The Fear & Greed Index moved to the 'Greed' zone.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 7:13 am

ABT

IBKR

JBHT

MS

USB

Morgan Stanley, Abbott Laboratories, J.B. Hunt Transport Services, Interactive Brokers, and U.S. Bancorp are in focus as they report earnings. Morgan Stanley and Abbott are expected to release earnings before the market opens. J.B. Hunt exceeded expectations, while Interactive Brokers reported weaker results.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 6:34 am

EWU

The U.K. Consumer Price Index (CPI) for September remained flat at 0.0%, missing the estimated 0.1% and down from the previous 0.3%. This indicates a slowdown in inflationary pressures in the U.K. economy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:09 am

EWU

The U.K. Consumer Price Index (CPI) for September increased by 1.7% year-over-year, which is below the estimated 1.9% and the previous month's 2.2%. This indicates a slowdown in inflation in the U.K.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:08 am

TSLA

Tesla has received approval to begin the first stage of its Berlin Gigafactory expansion, despite local protests. The expansion includes infrastructure for storage, a battery cell test lab, and logistics areas. Tesla's EU car registrations have fallen, and recent deliveries were below expectations, impacting stock performance.

Portfolio Pulse from Anan Ashraf

October 16, 2024 | 6:05 am

AAPL

Apple Inc. (NASDAQ:AAPL) faces a sales ban of its iPhone 16 in Indonesia due to a $15 million shortfall in meeting its investment obligations. The company has invested $95.08 million but needs to fulfill a commitment of $109.59 million. This ban comes despite Apple's recent market success.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 5:47 am

WDS

Woodside Energy has announced its decision to delist from the London Stock Exchange, with the last trading day set for November 19. This move may impact its stock trading dynamics.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:42 am