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HOOD

Robinhood has introduced a new visual identity, including a simplified logo and focused color palette, to position itself as a full-service financial platform for the new generation of investors.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 4:09 pm

AIRL

JETS

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) announced its largest international expansion, adding service to eight new cities, including Bilbao, Nuuk, and Palermo. The expansion includes new nonstop flights from Newark and Washington D.C., and an increase in transatlantic flights. UAL shares rose 1.48% following the announcement.

Portfolio Pulse from Lekha Gupta

October 10, 2024 | 4:07 pm

AMD

AMD is hosting a live event titled 'Advancing AI 2024' which is being streamed on YouTube. This event is likely focused on AMD's advancements and strategies in artificial intelligence technology.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 4:05 pm

AMZN

Amazon's Prime Big Deal Days 2024 achieved record-breaking sales, marking the largest October shopping event for the company. More Prime members shopped, and a record number of customers signed up for Prime memberships. Amazon plans to hire 250,000 workers to support the holiday rush.

Portfolio Pulse from Erica Kollmann

October 10, 2024 | 3:51 pm

CLSK

CleanSpark Inc (NASDAQ:CLSK) announced a significant increase in its operational hashrate, reaching 30 EH/s, with plans to exceed 37 EH/s by year-end. The company attributes this growth to acquisitions, fleet upgrades, and organic expansion. Despite a temporary shutdown due to Hurricane Helene, CleanSpark reported no significant damage and continued its mining operations, achieving a total of 5,079 Bitcoin mined year-to-date.

Portfolio Pulse from Adam Eckert

October 10, 2024 | 3:50 pm

LLY

NVO

Eli Lilly (NYSE:LLY) is taking legal action against compounding companies producing copycat versions of its weight-loss drugs, Mounjaro and Zepbound, following the FDA's resolution of a drug shortage. The FDA's decision has sparked controversy, with some arguing it favors special interests and could increase drug prices. Compounded drugs, while cheaper, pose safety risks as they lack regulatory review.

Portfolio Pulse from Vandana Singh

October 10, 2024 | 3:49 pm

TSLA

Tesla plans to convert 500 temporary workers to permanent positions at its German Gigafactory in Gruenheide starting November 1. This move reflects an optimistic outlook for the expansion of electric car production.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:46 pm

DPZ

Domino's Pizza reported mixed Q3 results with sales growth of 5.1% but missed revenue estimates. EPS exceeded expectations. The company revised its 2024 projections due to macroeconomic challenges. Goldman Sachs analyst maintains a Buy rating but warns of competitive pressures.

Portfolio Pulse from Akanksha Bakshi

October 10, 2024 | 3:44 pm

GME

GameStop announced that pre-orders for the 30th Anniversary PS5 Digital Edition have sold out. This indicates strong demand for the product, which could positively impact GameStop's sales and stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:23 pm

MAT

Fisher-Price has recalled over 2 million Snuga Infant Swings due to a suffocation hazard, following reports of 5 deaths. The U.S. Consumer Product Safety Commission (CPSC) announced the recall, highlighting significant safety concerns.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:21 pm