The Indian stock markets kicked off the Samvat 2082 on a cautious note. The benchmark indices, Sensex and Nifty, settled flat with a positive bias in a special Muhurat trading session today, in celebration of Diwali.
Fractional investing site Rally operates as a stock market for collectibles. The company's co-founder tells Benzinga that demand is rising for trading cards and Pokémon.
Shares of health insurance company Oscar Health (NYSE:OSCR) jumped 3% in the morning session after the company announced it was expanding its health insurance coverage and introducing new AI-powered tools and specialized health plans for the 2026 open enrollment period. The company revealed its health plans would become available in 573 counties across 20 states, with new expansions into Alabama and Mississippi. To improve the customer experience, Oscar launched a personal AI agent named Oswell, powered by OpenAI, to provide members with on-demand support. The company also introduced several new offerings, including what it described as the first-ever menopause-focused plan in the individual market, called HelloMeno. The plan offered benefits such as $0 primary doctor visits and the potential for members to save up to $900 a year. A new digital rewards program, Oscar Unlocks, was also introduced to promote healthy actions.
Shares of beverage company Coca-Cola (NYSE:KO)
jumped 4% in the morning session after the company posted third-quarter results that topped analyst expectations for both revenue and profit.
Shares of regional banking company ServisFirst Bancshares (NYSE:SFBS) fell 4.6% in the morning session after the company reported third-quarter 2025 financial results that fell short of Wall Street's expectations for both revenue and earnings.
Shares of denim clothing company Levi's (NYSE:LEVI)
jumped 2.8% in the morning session after BTIG initiated coverage of the company with a 'Strong Buy' rating. The investment firm also set a price target of $27 on the stock, signaling confidence in its future performance. This positive assessment came amid a backdrop of favorable views from other analysts. For example, UBS had also recently maintained its 'Strong Buy' rating on Levi's and raised its price target to $32. The overall positive sentiment from financial analysts appeared to boost investor confidence in the company.
Shares of health insurance provider Elevance Health (NYSE:EVH)
fell 3.2% in the morning session after the company reported third-quarter results showing that rising medical costs squeezed profits, despite an increase in revenue. Although operating revenue grew 12.4% year on year to $50.71 billion, the company's profitability declined. The operating gain in its Health Benefits segment reportedly fell sharply to $0.6 billion from $1.6 billion in the same period a year ago, driven by higher medical expenses. The company's benefit expense ratio—which measures how much of its premium revenue is spent on medical care—increased, with the rise attributed to cost trends in its Medicare business. As a result of these pressures, quarterly adjusted earnings per share dropped to $6.03 from $8.37 in the previous year's quarter, overshadowing the fact that both revenue and earnings beat Wall Street's expectations.
Shares of power conversion and control solutions provider Vicor Corporation (NASDAQ:VICR)
jumped 13.4% in the morning session after the company announced an expansion of its intellectual property (IP) licensing practice, and as investors anticipated its quarterly earnings report scheduled for the same day. The day before the move, Vicor revealed plans to grow its IP licensing for high-density power technologies used in markets like AI, automotive, and industrial. The company noted that settlements and licenses were expected to add almost $300 million to its revenues through 2026.
Shares of commercial banking company Preferred Bank (NASDAQ:PFBC) jumped 3.9% in the morning session after the company reported third-quarter results that surpassed Wall Street expectations. The bank's earnings per share came in at $2.84, comfortably beating analyst estimates of $2.57. Revenue for the quarter was $74.98 million, also ahead of the consensus forecast, driven by stronger-than-expected net interest income. Additionally, the bank demonstrated strong cost control, with its efficiency ratio—a measure of a bank's overhead as a percentage of its revenue—improving to 28.7%, which was better than both analyst expectations and the same quarter last year.
Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI)
fell 3.1% in the morning session after the company reporting third-quarter results that beat analyst expectations for revenue and profit. While the headline numbers were positive, with revenue growing 2.5% year-over-year to $1.05 billion and adjusted earnings per share (EPS) of $4.98 beating estimates by 7.8%, investors appeared to focus on underlying concerns. A notable point of weakness was the company's free cash flow margin, which fell sharply to 6.7% from 20.1% in the same quarter last year. Additionally, Valmont raised its full-year EPS guidance, but its revenue outlook for the next twelve months is projected to grow at a rate below the sector average. Given the stock's high valuation, the better-than-expected results may not have been strong enough to satisfy lofty investor expectations, leading to a 'sell-the-news' reaction.
Shares of specialty insurance provider RLI (NYSE:RLI) jumped 2.5% in the morning session after the company reported third-quarter earnings and revenue that beat Wall Street's expectations.
Shares of aerospace and defense company Raytheon (NYSE:RTX)
jumped 9.5% in the morning session after the company reported strong third-quarter 2025 results that beat expectations and raised its full-year financial forecast.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 2.7% in the morning session after JPMorgan raised its price target on the stock to $490 from $425, and the company launched same-day vehicle delivery in San Diego.
Pershing Square's Bill Ackman believes New York City will face wide-ranging consequences if Democratic mayoral candidate Zohran Mamdani wins the election.
The International Monetary Fund (IMF) has issued a stark warning regarding the global economic outlook, projecting a deceleration in growth coupled with an alarming rise in debt risks for developing economies. This pronouncement, a consistent theme across its recent World Economic Outlook (WEO) and Fiscal Monitor reports, paints a challenging
Accra, Ghana – October 21, 2025 – For the first time in three months, the cost of preparing Ghana's beloved Jollof rice has risen, presenting a perplexing challenge to households despite the nation's currency demonstrating remarkable strength against major international currencies. This unexpected uptick, revealed by the latest Jollof Index, highlights deep-seated
Strong earnings and reassurances from ZIONS management suggest the credit scare may have been a one-off—but is the regional banking sector really in the clear?
Ottawa, Canada – October 21, 2025 – Canada's financial markets are recalibrating after a surprisingly robust inflation report for September, which saw the annual Consumer Price Index (CPI) accelerate to 2.4%. This unexpected uptick, surpassing both August's 1.9% and market forecasts of 2.3%, has significantly cooled expectations for an
