CLOSED PREVIOUS SESSION The previous session’s five closed Hot Ideas averaged -3.8%: two finished higher and three fell. Iovance Biotherapeutics, Inc. (IOVA) led at +10.0%, while Williams-Sonoma, Inc. (WSM) gained +0.8%. Penguin Solutions, Inc. (PENG) finished at -6.9%, Vistra Corp. (VST) at -9.0%, and Marvell Technology, Inc. (MRVL) at -13.8%. IOVA’s gain wasn’t enough to offset those declines. HOT IDEAS ON RADAR 40 active today. The three featured names have Q3 results and recent share-price strength behind them. ERICTelefonaktiebolaget LM Ericsson (publ)Q3 organic sales grew 7%, and shares jumped 8.7% on October 15 to a period high. The earnings-driven breakout needs follow-through. BLKBlackRock, Inc.Q3 results beat estimates, with $205 billion in net inflows and 19% revenue growth. Shares closed above their prior 21-day highs on October 15. UNHUnitedHealth Group IncorporatedQ3 earnings and revenue beat expectations. The company raised full-year guidance and reported an improved medical care ratio. Shares gained about 9.4% over 21 trading days. Others on radar OLLIONCNOWDRHCCLCONFASTXOMHASGIC+27 more MARKET PULSE Hotter U.S. inflation and doubts about AI spending are weighing on stocks, while demand for government bonds is pushing yields lower. September wholesale inflation beat expectations, the 30-year mortgage rate is 7.4%, and the IEA plans to release more than 20 million barrels of diesel supply. |