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CAG

ConAgra's CEO expressed confidence in managing through a potential port strike without significant impact, having pre-purchased ingredients to mitigate disruptions. However, a prolonged strike could pose larger challenges.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:52 pm

ADP

FXI

ITA

RTX

The article discusses the potential investment opportunities in missile defense stocks, particularly highlighting RTX Corp (NYSE:RTX) due to its involvement in missile defense systems like the Iron Dome. The article also mentions the iShares US Aerospace & Defense ETF (BATS:ITA) as a recommended ETF for defense investments. Additionally, it touches on the strong employment data from Automatic Data Processing Inc (NASDAQ:ADP) and a buying stampede in Hong Kong stocks, with a focus on the iShares China Large-Cap ETF (NYSE:FXI).

Portfolio Pulse from The Arora Report

October 02, 2024 | 3:46 pm

X

U.S. Steel has stated that it does not anticipate significant impacts from the U.S. port strike, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:44 pm

CIEN

JOBY

RPM

RPM International reported better-than-expected earnings, leading to a 7.2% rise in its stock. Other stocks like Joby Aviation and Ciena Corporation also saw gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 3:41 pm

COST

Costco has expanded its precious metal offerings by adding platinum bars to its product lineup. This move follows the company's previous success in selling gold and silver bars, indicating a growing interest in precious metals among its customers.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:40 pm

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