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COST

Costco reported a 6.7% increase in total company comparable sales for September. Excluding gasoline prices and foreign exchange impacts, the increase was 8.9%.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:18 pm

COST

Costco Wholesale reported net sales of $24.62 billion for September, marking a 9.0% increase from $22.59 billion in the same month last year.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:16 pm

RELL

Richardson Electronics (NASDAQ:RELL) reported Q1 earnings of $0.04 per share, beating the $(0.01) estimate, and sales of $53.73M, surpassing the $49.45M estimate. Despite a 55.56% decrease in EPS from last year, sales increased by 2.18%.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:16 pm

FCNCA

First Citizens BancShares (NYSE:FCNCA) has seen a 3.5% decrease in its short percent of float, now at 1.93%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Despite having higher short interest than its peers, the decline could suggest a more bullish outlook.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:15 pm

INDO

Indonesia Energy Corp (NYSE:INDO) has seen a rise in short interest, with 11.39% increase since the last report, now at 5.28% of float. This is higher than its peers' average of 1.44%. Short interest can indicate bearish sentiment but can also be bullish if it leads to a short squeeze.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:15 pm

AME

AMETEK's short interest has increased by 3.45%, with 2.46 million shares sold short, representing 1.2% of its float. This is lower than the peer group average of 11.78%. The rise in short interest suggests a bearish sentiment, but it doesn't necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:15 pm

ODC

Oil-Dri Corporation has announced a two-for-one stock split, pending shareholder approval. If approved, post-split trading is expected to begin on January 6, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:14 pm

TSLA

UBER

Tesla's upcoming Robotaxi Day could significantly impact Uber's stock price and future valuation. Analysts from Bank of America maintain a Buy rating on Uber, citing potential benefits from Tesla's event for Uber's long-term growth. They also highlight the competitive landscape of autonomous vehicles, with key investors like Alphabet, Amazon, and General Motors. While Tesla's advancements could pose a threat, Uber's partnerships and market opportunities remain strong.

Portfolio Pulse from Chris Katje

October 09, 2024 | 8:12 pm

AZZ

AZZ reported Q2 2025 earnings with an adjusted EPS of $1.37, surpassing the estimate of $1.32. However, sales were $409.007M, slightly below the expected $411.797M. Sales increased by 2.63% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:09 pm

TXG

10x Genomics shares fell as the company announced a preliminary Q3 revenue of approximately $151.7 million, marking a 1% decline year over year.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:07 pm