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...

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...

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...

Hurricane Milton wreaked havoc across Florida on Wednesday night, causing widespread power outages as it made landfall near Siesta Key in Sarasota County before barreling through the central part of the state. What Happened: Over 2 million residents were left without power as the storm’s...

As Hurricane Milton barrels through Florida’s west coast with 120 mph winds, the importance of being prepared has never been clearer. If you’re in the Tampa or St. Petersburg areas, where extremely dangerous winds are now spreading, sheltering in place is essential. But what happens if...