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CROX

EATV

MVPA

BofA Securities analyst Christopher Nardone reiterated a Buy rating on Crocs, Inc (NASDAQ:CROX) with a price target of $179, ahead of its Q3 earnings report. The analyst projects EPS of $3.17, slightly above guidance and consensus estimates, driven by strong international sales. Attention is on North America trends and the impact of a shift to direct-to-consumer sales. CROX stock has gained over 62% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 5:58 pm

VEV

Vicinity Motor Corp. (NASDAQ:VEV) is facing significant financial distress as RBC plans to file a receivership order, PricewaterhouseCoopers resigns as auditor, and the BC Securities Commission is expected to cease trading of its stock by October 21, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:57 pm

VEV

Vicinity Motor Corp shares declined following a downgrade by Alliance Global Partners from Neutral to Sell.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:54 pm

SPY

Federal Reserve's Raphael Bostic suggests that interest rates will continue to fall, which could impact financial markets and investments.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:53 pm

BIAF

bioAffinity Technologies shares fell following the announcement of a $2.66 million direct offering of 2.05 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:51 pm

AAPL

TSM

Needham analyst Charles Shi has raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) from $210 to $225, citing strong 3nm performance and potential margin expansion. The analyst expects TSMC's revenue to reach $110 billion by 2025, with significant margin improvements due to the absence of 2nm production next year. TSMC's stock is currently down 1.81% at $202.12.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 5:50 pm

CVS

DIA

GDX

NFLX

QQQ

SPY

Stocks rose on Friday, driven by strong earnings reports. Netflix hit record highs with a 10% surge, while gold miners rallied as gold prices reached new records. Oil prices fell below $70, and major indices like the Nasdaq 100 and S&P 500 saw gains. ETFs such as SPY, DIA, and QQQ also rose.

Portfolio Pulse from Piero Cingari

October 18, 2024 | 5:49 pm

ASML

ASML Holding N.V. (NASDAQ:ASML) shares are rising after a previous decline due to soft guidance. The company provided a 2024 Q4 net sales outlook of €8.8-€9.2 billion and expects 2024 fiscal year net sales of €28 billion. For 2025, net sales are projected at €30-€35 billion with a gross margin of 51%-53%. The CEO noted that 2025 guidance is in the lower half of the previous range due to delayed EUV demand.

Portfolio Pulse from Dylan Berman

October 18, 2024 | 5:44 pm

BTCUSD

Crypto trader Cold Blooded Shiller predicts a bullish outlook for Bitcoin, highlighting technical analysis and market psychology as key factors for a potential breakout. Bitcoin's recent price action shows an uptrending structure, and surpassing $70,000 could lead to a rapid move towards $77,000-$80,000. The trader emphasizes the strong weekly RSI and the psychological market sentiment as indicators of a possible surge.

Portfolio Pulse from Khyathi Dalal

October 18, 2024 | 5:40 pm

SLB

Schlumberger's shares are experiencing a decline after the company reported mixed financial results for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:39 pm