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PII

Polaris Inc. (NYSE:PII) reported disappointing Q3 results, missing earnings and sales estimates, leading to a 5.16% drop in stock price. The company revised its 2024 outlook downward, expecting a 20% sales decline and a 65% drop in EPS compared to 2023.

Portfolio Pulse from Nabaparna Bhattacharya

October 22, 2024 | 2:09 pm

GEHC

GEV

GE Vernova and GE Healthcare, two of GE's spin-offs, are set to report their Q3 earnings. GE Vernova is expected to perform well due to its strong position in the electric power sector and AI-driven data centers, while GE Healthcare is focusing on AI in medical tech but faces challenges like slow Chinese orders.

Portfolio Pulse from Surbhi Jain

October 22, 2024 | 2:09 pm

ETHA

ETHE

FBTC

HODL

IBIT

Bitcoin spot ETFs have seen a significant inflow of $294 million, marking a seven-day streak of positive momentum. BlackRock's ETF led with $329 million in inflows, while Fidelity and VanEck had mixed results. The inflows indicate growing investor confidence in Bitcoin, supported by stable regulatory policies and declining interest rates. In contrast, Ethereum ETFs experienced a net outflow, reflecting weaker sentiment.

Portfolio Pulse from Murtuza Merchant

October 22, 2024 | 2:07 pm

GPC

Genuine Parts Co (NYSE:GPC) reported mixed Q3 earnings with a significant miss on EPS and a lowered annual outlook, leading to an 18.50% drop in stock price. Sales grew slightly, but profit margins contracted due to industrial weakness and challenges in Europe.

Portfolio Pulse from Anusuya Lahiri

October 22, 2024 | 2:06 pm

UUP

Goldman Sachs predicts the US dollar will remain strong regardless of the 2024 election outcome. A Republican sweep could lead to higher tariffs, boosting the dollar, while a Harris victory might initially weaken it. Global growth could also impact the dollar's strength.

Portfolio Pulse from Piero Cingari

October 22, 2024 | 2:06 pm

WRB

W.R. Berkley shares are experiencing a decline in trading. Evercore ISI Group has maintained an In-Line rating for the stock, indicating a neutral stance.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 2:04 pm

AMZN

Amazon.com (NASDAQ:AMZN) has significantly outperformed the market over the past 20 years, with an annualized return of 26.52%. A $100 investment in AMZN 20 years ago would be worth $10,941.46 today. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:04 pm

MEDP

Medpace Holdings (NASDAQ:MEDP) has significantly outperformed the market over the past 5 years, with an average annual return of 32.96%. A $100 investment in MEDP 5 years ago would now be worth $424.57, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:04 pm

ENSC

GNPX

GRI

INAB

JCSE

SGMO

U.S. stocks fell with the Dow Jones down over 150 points. General Motors (GM) reported strong Q3 results, beating earnings and sales expectations, and raised its 2024 EPS guidance. Several biotech stocks saw significant price movements, with Genprex and Ensysce Biosciences surging, while GRI Bio and others declined.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 2:03 pm

URI

United Rentals (NYSE:URI) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $12.49. The company's shares have risen 107.27% over the past year, and analysts have a 'Buy' consensus with a price target of $899.5, suggesting an 8.04% upside. United Rentals has shown strong financial metrics, including a 6.16% revenue growth and a 16.86% net margin.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:03 pm