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AMZN

META

TTD

Wedbush Securities' analyst Dan Ives reports positive momentum for digital advertising giants Meta, The Trade Desk, and Amazon, with strong growth expected into 2025. Advertisers plan to increase spending on these platforms, potentially exceeding market expectations.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 3:39 pm

NKE

UA

Under Armour shares are declining in response to Nike's revenue miss in its first-quarter report. Nike's revenue fell short of expectations, impacting Under Armour's stock as it moves lower in sympathy with Nike.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 3:38 pm

F

FTXR

RDIV

Ford Motor Company reported a 4% increase in U.S. retail sales for Q3, with a 12.2% rise in EV sales, making it the second-largest EV brand in the U.S. Despite these positive sales figures, Ford's stock is trading lower. The company also leads in several vehicle categories and has seen a 30% increase in subscriptions to its Ford Pro Intelligence software. Ford is seeking government subsidies in the UK to boost EV sales.

Portfolio Pulse from Nabaparna Bhattacharya

October 02, 2024 | 3:37 pm

BABA

JD

MTC

MMTec, Inc. (NASDAQ:MTC) shares are rising due to China's Central Bank stimulus measures, which include rate cuts. This has positively impacted other US-listed Chinese stocks like JD.Com and Alibaba. The stimulus aims to boost China's economy, especially during the National Day Golden Week.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 3:34 pm

GE

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 35.34%. A $100 investment in GE 5 years ago would now be worth $439.28, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:31 pm

GM

An options alert for General Motors (GM) indicates a sweep of 2000 call options at a strike price of $46.5, priced at $0.761, with an open interest of 1087. This activity comes ahead of GM's earnings report on October 22.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:31 pm

CCI

Crown Castle (NYSE:CCI) has delivered an average annual return of 10.52% over the past 20 years, outperforming the market by 2.1% annually. A $1000 investment in CCI 20 years ago would be worth $7,489.89 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:31 pm

VIRC

Virco Mfg Inc. (NASDAQ:VIRC) shares are trading at $13.19, with a recent decrease of 0.92%. Despite a 7.75% drop over the past month, the stock has increased by 90.97% over the past year. The company's P/E ratio of 8.17 is lower than the industry average of 515.35, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 3:30 pm

CRM

Salesforce shares rise as Northland Capital Markets upgrades the stock to Outperform and increases the price target from $270 to $400.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:25 pm

EBS

Emergent BioSolutions shares rose following the announcement of a $100 million asset-backed loan facility closure.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:21 pm