Hurricane Milton

Home Depot Inc (NYSE:HD) released its third-quarter earnings report Tuesday, posting revenue and EPS beats, aided by recent bouts of extreme weather. Analysts are still bullish on the Atlanta, Georgia-based company. Home Depot Analysts: The following analysts published notes on Tuesday: Goldman...

Allstate Corp (NYSE:ALL) reported $630 million in catastrophe losses related to Hurricane Helene alone. The company reported total estimated catastrophe losses of $889 million for September, more than twice the amount reported for the same month last year.  What Happened: The impact of...

Insured losses are way higher than originally anticipated due to the havoc from back-to-back hurricanes. What Happened: Moody’s Risk Management Solutions, or RMS, crunched the data to determine the financial impact of Hurricanes Milton and Helene. The firm expects total insured losses to...

United Airlines Holdings (NASDAQ:UAL) could provide an industry outlook for the airline sector and an early look at the impact of flight delays and cancellations from Hurricane Milton when the company reports third-quarter financial results Tuesday after market close. Earnings Estimates: Analysts...

Hurricane Milton has left a significant mark on the Florida housing market, with cities such as Orlando, Tampa, Lakeland, Sarasota and Daytona Beach facing the brunt of the storm. As recovery efforts begin, analysts expect the state’s homebuilding sector to absorb an estimated $1.7 billion...

A new campaign ad supporting Florida’s Amendment 3, which aims to legalize recreational marijuana, features Republican Sen. Joe Gruters addressing critics of the measure.  Titled "Blowing Smoke," the ad counters claims from Governor Ron DeSantis, who opposes the amendment and has sparked...

In a bid to aid disaster recovery, Elon Musk's SpaceX will offer Starlink satellite internet service for free to those affected by Hurricanes Helene and Hurricane Milton until the end of the year. What Happened: On Thursday, the official Starlink Twitter account posted, “For those impacted by...

North Carolina Gov. Roy Cooper (D) has refuted statements by former President Donald Trump regarding the distribution of disaster aid in the aftermath of Hurricane Milton. What Happened: On Friday, Cooper took to X, formerly Twitter, and labeled Trump’s allegations as a “...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

In the wake of the devastating Hurricane Milton, Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has pledged to support relief efforts. What Happened: On Thursday, Cook took to X, formerly Twitter, and said “Apple will be making a donation to help with relief efforts on the ground....

In the wake of Hurricanes Helene and Milton, Vice President Kamala Harris and the White House have publicly rebuked former President Donald Trump for his remarks on the federal disaster response, accusing him of exploiting the catastrophe for political advantage. What Happened: Harris, during a...

Florida cannabis businesses began closing down in preparation for Hurricane Milton, which hit the state's west coast late Wednesday. Despite the storm’s looming threat, Governor Ron DeSantis refused to extend the Oct. 7 voter registration deadline, even as millions were forced to evacuate...

Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market. What Happened: Hurricane Milton has left devastation in the state of Florida that impacts multiple sectors and will take time to clean up and...

Many experts warned that Hurricane Milton could be the worst storm in U.S. history. It made landfall Wednesday on the west coast of Florida, causing flooding and wind damage and leaving millions without power. While the full scope of the storm's damage is unknown, it was a Category 3,...

Hurricane Milton has wreaked havoc on the state of Florida and closed multiple airports in the region, leading to thousands of flight cancellations due to the hurricane. Flight Cancellations: The airline sector is one of many that could experience a short-term and long-term negative impact from the...