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CHKP

Check Point Software Technologies reported a 7% revenue growth in Q3, with security subscriptions revenue up 11.5%. However, margins slipped due to rising expenses. The stock is down 7.69% premarket despite a 37% YTD gain.

Portfolio Pulse from Anusuya Lahiri

October 29, 2024 | 12:48 pm

MCD

McDonald's CEO issued an apology regarding an E. Coli outbreak linked to the company, expressing regret for the impact on customers. This incident may affect McDonald's reputation and customer trust in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:41 pm

LUCY

Innovative Eyewear's stock is rising following the launch of Lucyd Armor, the first ANSI-certified smart safety glasses with AI features, including Chat GPT access, for industrial use.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:39 pm

LSB

LakeShore Biopharma has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notice from Nasdaq's Listing Qualifications Department.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:39 pm

DHI

ITB

PKB

D.R. Horton reported Q4 results with sales and EPS missing estimates, leading to a 10.2% drop in share price. The company faces challenges with rising inventory and a cautious homebuyer market. FY25 revenue outlook is below consensus, but the company is focusing on affordable housing and increased dividends.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 12:39 pm

PYPL

PayPal's Q3 earnings report showed a slight revenue miss but an EPS beat. Despite strong payment volume growth, the stock dipped. The company expects modest revenue growth and a slight EPS decline in Q4, with a positive outlook for 2024. The CEO anticipates a 15%-20% increase in Buy-Now-Pay-Later usage.

Portfolio Pulse from Anusuya Lahiri

October 29, 2024 | 12:39 pm

MCD

McDonald's executive expressed deep concern over recent E. Coli cases linked to the company during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:38 pm

AMPX

Amprius Technologies announced its preliminary Q3 2024 financial results, expecting a net loss of $10.8M-$11.8M and revenue of $7.6M-$7.9M. The company anticipates a loss per share of $0.10-$0.11, with $35M in cash and no debt.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:36 pm

QYLD

TLTP

Amplify ETFs has launched the Amplify Bloomberg U.S. Treasury Target High Income ETF (BATS:TLTP), aiming for a 12% annual income target through a covered call strategy on U.S. Treasury assets. This ETF is designed to offer consistent returns with less volatility compared to the broader equities market. TLTP competes with the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD), offering a less volatile, bond-based alternative for income-focused investors.

Portfolio Pulse from Surbhi Jain

October 29, 2024 | 12:34 pm