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GM

General Motors (GM) has identified quality issues in some of its prior model years but has addressed these problems in its production lines, according to the company's CFO during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:57 pm

SPY

The USA Redbook year-over-year growth rate has decreased to 4.6% from the previous 5.6%, indicating a slowdown in retail sales growth.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:55 pm

ZCAR

Trading for ZCAR was halted and the status was updated at 8:55 AM ET. The article provides information on the resumption of quotations and news related to the halt.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:55 pm

GM

General Motors (GM) CEO highlighted significant inflation in parts and labor costs related to warranty claims during a conference call. This could impact GM's financial performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:53 pm

GM

General Motors (NYSE:GM) reported strong Q3 earnings, beating revenue and EPS estimates, and raised its annual profit outlook due to strong consumer demand. The company also increased its 2024 EPS guidance and expects higher free cash flow.

Portfolio Pulse from Nabaparna Bhattacharya

October 22, 2024 | 12:52 pm

TSLA

Tesla is expected to report its Q3 earnings, with analysts predicting a miss on EPS and gross margins. While some analysts are pessimistic, others are optimistic about future demand and autonomous driving strategies.

Portfolio Pulse from Anan Ashraf

October 22, 2024 | 12:52 pm

KO

Coca-Cola (NYSE:KO) is set to release its Q3 earnings on Oct. 23, with expected earnings of 74 cents per share and revenue of $11.6 billion. The company offers a 2.79% annual dividend yield. Investors need 3,093 shares to earn $500 monthly from dividends. KO shares fell 1.4% to $69.45.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 12:50 pm

GM

General Motors (GM) plans a series of shareholder and joint venture board meetings in Q4 to discuss restructuring actions aimed at making the business sustainable and profitable.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:43 pm

NFLX

VZ

Verizon's Q3 earnings report showed flat sales growth and a decline in net income due to a $1.7 billion severance charge. Despite this, Verizon saw a boost in wireless service revenue and broadband net additions, driven by 5G offers. The company reiterated its annual outlook, but its stock traded lower.

Portfolio Pulse from Anusuya Lahiri

October 22, 2024 | 12:42 pm

ENPH

Enphase Energy Inc. (NASDAQ:ENPH) is set to report its Q3 earnings, with Wall Street expecting 77 cents per share and $391.98 million in revenue. The stock has been underperforming, dropping 31.10% YTD and 22.72% in the past month. Technical indicators suggest a bearish trend, with the stock trading below key moving averages. Analysts have lowered price targets, reflecting a neutral consensus. Investors hope the earnings report will reverse the negative trend.

Portfolio Pulse from Surbhi Jain

October 22, 2024 | 12:38 pm