Streetbeat News

Stock Prices

COHR

CVS

ISRG

NFLX

QQQ

SPY

WAL

US stocks are set to end the week strong, driven by positive earnings from Netflix and optimism in the tech sector. Gold hits new highs, while oil remains volatile. Key economic data and Fed speeches are expected to influence market sentiment.

Portfolio Pulse from Shanthi Rexaline

October 18, 2024 | 11:25 am

AAPL

BABA

JD

PDD

QQQ

VOO

Apple's iPhone 16 sees a 20% sales surge in China, driven by demand for luxury smartphones, despite early price cuts due to lack of AI features. The sales boost is supported by China's stimulus plans and the holiday season. However, competition from domestic brands and postponed purchases for discounts pose challenges. Apple stock has gained 39% in the last six months.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 11:21 am

CI

CVS

UNH

CVS Health has appointed David Joyner as the new CEO amid financial struggles, with third-quarter earnings expected to miss projections. The company is backing away from its annual forecast and facing FTC complaints. CVS is also considering restructuring its retail and insurance businesses.

Portfolio Pulse from Vandana Singh

October 18, 2024 | 11:14 am

SOBR

SOBR Safe, Inc. (NASDAQ:SOBR) shares surged 116.3% premarket after the company decided not to proceed with a proposed public offering and announced a private placement expected to raise $8.2 million.

Portfolio Pulse from Lekha Gupta

October 18, 2024 | 11:06 am

AXP

American Express has raised its full-year EPS guidance from $13.30-$13.80 to $13.75-$14.05, indicating improved financial performance expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:01 am

BABA

JD

NIO

XPEV

US-listed Chinese stocks are experiencing a rise in share prices following China's September retail sales and industrial production data surpassing expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:58 am

FXI

KWEB

MCHI

U.S.-listed China-based ETFs surged in pre-market trading due to China's stronger-than-expected GDP figures for Q3. Key ETFs like KWEB, FXI, and MCHI saw significant gains.

Portfolio Pulse from Pooja Rajkumari

October 18, 2024 | 10:57 am

PG

Procter & Gamble reported Q1 2025 earnings per share of $1.93, surpassing the analyst estimate of $1.90. However, sales of $21.737 billion fell short of the $21.914 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:56 am

ISRG

NFLX

Intuitive Surgical shares rose 6.9% in pre-market trading due to better-than-expected Q3 results and regulatory clearance in South Korea. Netflix also gained 5.8% after strong Q3 results. Several other stocks experienced significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 10:52 am

ISRG

Intuitive Surgical shares are trading higher after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:51 am