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US stocks traded higher following the release of jobs data, with the Dow, NASDAQ, and S&P 500 all seeing gains. The US economy added 187,000 jobs in August, exceeding market expectations. Energy shares jumped by 1.7%, while consumer staples shares rose by 0.3%. Taoping Inc., Edible Garden AG Incorporated, and TRxADE HEALTH, Inc. saw significant increases in their share prices. However, Aditxt, Inc., Akso Health Group, and iCoreConnect Inc. saw their share prices drop.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 1:52 pm

XPEV

XPeng reported a 43% year-over-year growth in August deliveries, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:51 pm

NIO

NIO Inc. reported an 81% year-over-year growth in its August deliveries, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:49 pm

INCR

InterCure Ltd. (NASDAQ:INCR), doing business as Canndoc, reported a 14% YoY revenue growth for 1H 2023, totaling CA$75 million ($55.4 million). However, operating profit and adjusted EBITDA were down compared to the same period in 2022. The company is optimistic about new cannabis regulations in Israel and Germany and potential opportunities in the U.S. following a reclassification of cannabis by the DEA. InterCure's shares traded 1.86% higher in the pre-market session on Friday.

Portfolio Pulse from Jelena Martinovic

September 01, 2023 | 1:48 pm

TAOP

Taoping Inc. reported a year-over-year increase in H1 EPS and sales results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:34 pm

MULN

Mullen Automotive's CEO responded to Charles Payne's question on Fox Business, detailing the company's financials for Q2 2023. The company incurred $7.8 million of non-cash expenses, including charges for warrants provided to Qiantu and stock-based compensation. Mullen spent $46.1 million in operating expenses, compared to $53.9 million of total operating expenses reported. The company also highlighted its strong balance sheet with $352 million in stockholders' equity and $560 million in total assets. Mullen's operating cash flow was compared to competitors Canoo, Nikola, and Workhorse.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 1:32 pm

LULU

Lululemon's shares are trading higher following the company's release of better-than-expected Q2 financial results and issued guidance.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:29 pm

PSTG

Pure Storage reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:28 pm

CISS

C3is (NASDAQ:CISS) reported Q2 losses of $(0.11) per share and sales of $1.70 million. The company's management estimated its Net Asset Value (NAV) to be $24.13 million, a 600% premium over its current market capitalization.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 1:23 pm

NTNX

Nutanix, Inc. (NASDAQ:NTNX) reported stronger-than-expected Q4 results and announced a $350 million share repurchase program. The company's Q4 revenue increased 28% YoY to $494.21 million, beating the consensus estimate of $475.16 million. Nutanix expects Q1 revenue of $495 million to $505 million, and full-year revenue between $2.085 billion and $2.115 billion. Following the earnings announcement, Keybanc, Needham, and JMP Securities revised their price targets on Nutanix.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 1:20 pm