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NOK

Nokia's Q3 2024 earnings report shows a miss on both EPS and sales estimates. The company reported an EPS of $0.07, missing the $0.08 estimate, and sales of $4.755 billion, below the $5.344 billion estimate. Despite the miss, EPS increased by 20.37% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:05 am

EWA

Australia's employment change for September showed a significant increase of 51.6K jobs, compared to a revised decrease of 5.9K in the previous period. This positive employment data could impact the iShares MSCI Australia ETF (EWA), which tracks the performance of the Australian equity market.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:58 am

EWA

Australia's employment change for September was reported at 64.1K, significantly higher than the estimated 25.2K and the revised prior figure of 42.6K. This positive employment data could impact the iShares MSCI Australia ETF (EWA), which tracks the performance of the Australian equity market.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:57 am

BBJP

DXJ

EWJ

Japan's trade balance for September was reported at -294.3 billion yen, worse than the estimated -237.6 billion yen, but an improvement from the revised prior figure of -703.2 billion yen.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:57 am

BBJP

DXJ

EWJ

Japan's exports for September decreased by 1.7% year-over-year, missing the estimated growth of 0.5% and down from a revised 5.5% increase in the prior period.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:56 am

BBJP

DXJ

EWJ

Japan's trade balance was reported at -0.19 trillion yen, better than the estimated -0.49 trillion yen and the revised prior figure of -0.47 trillion yen. This improvement in trade balance could positively impact Japanese-focused ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:56 am

DOGEUSD

Elon Musk's social media activity has led to a significant rally in Dogecoin (DOGE), with the cryptocurrency jumping over 7% in the last 24 hours. The trading volume of DOGE also increased by 70%, making it the most traded meme coin recently. Musk's mention of DOGE in a post about bureaucratic efficiency likely spurred this rally.

Portfolio Pulse from Aniket Verma

October 17, 2024 | 4:01 am

BTCUSD

Economist Peter Schiff expressed skepticism about Bitcoin's recent price surge, attributing it to misplaced expectations of support from a potential Trump administration. Schiff dismissed the idea that Trump would buy Bitcoin, despite some in the cryptocurrency community believing a Trump victory would be bullish for Bitcoin. Schiff also highlighted gold's performance, noting its record highs compared to Bitcoin's range-bound status.

Portfolio Pulse from Aniket Verma

October 17, 2024 | 3:44 am

HOOD

Robinhood Markets Inc. launched its new desktop trading platform, Robinhood Legend, at the HOOD Summit 2024. The platform aims to attract sophisticated retail investors with advanced charting capabilities and other features. The first thousand early access spots were claimed in 46 seconds, indicating strong demand. Robinhood is expanding its offerings to include futures and index options trading, positioning itself to compete with traditional brokerages. The company's stock has seen positive momentum, with a recent price target increase by Piper Sandler.

Portfolio Pulse from Kaustubh Bagalkote

October 17, 2024 | 3:38 am

HOOD

MRNA

SQ

Cathie Wood's Ark Invest sold shares of Block Inc, Moderna Inc, and Robinhood Markets Inc, while purchasing shares of Intellia Therapeutics, CRISPR Therapeutics, and Tempus AI. These trades reflect strategic adjustments in Ark's investment portfolio.

Portfolio Pulse from Benzinga Neuro

October 17, 2024 | 3:19 am