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KARS

KGRN

NIO

NIO Inc. (NYSE:NIO) shares are trading slightly higher today as the company expands its battery swap stations in Europe, reaching 50 stations, with a significant presence in Germany and Norway. Despite a challenging regulatory landscape with increased tariffs on Chinese EV imports, NIO maintains its pricing in Europe but may adjust in the future. NIO stock has lost over 55% in the past year. Investors can gain exposure to NIO through KraneShares MSCI China Clean Technology Index ETF (NYSE:KGRN) and KraneShares Electric Vehicles And Future Mobility Index ETF (NYSE:KARS).

Portfolio Pulse from Nabaparna Bhattacharya

July 16, 2024 | 2:28 pm

AAPL

TBLA

Taboola has struck a deal with Apple to power native advertising within the Apple News and Apple Stocks apps. This partnership validates Taboola's business model and highlights Apple's strategy to grow its ad business through outsourcing. The deal is significant for both companies, with Taboola leveraging its extensive network of publishers and advertisers, and Apple aiming to boost its ad revenues.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 2:25 pm

KEAT

SSEZY

TTE

TotalEnergies SE (NYSE:TTE) shares are trading lower today after the company announced its hydrocarbon production levels for Q2 and various projections for its business segments. The company also formed a joint venture with SSE Plc to establish a major EV charging network in the U.K. and Ireland.

Portfolio Pulse from Lekha Gupta

July 16, 2024 | 2:20 pm

BAX

Baxter has issued an urgent medical device recall for its Volar System Single-Patient Use Circuit due to reports of the handset plug disconnecting from the nebulizer port on the blue ventilator adapter, according to the FDA.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 2:19 pm

RIO

TECK

Rio Tinto (NYSE:RIO) reported strong first-half results with significant gains in iron ore, bauxite, copper, and lithium production. The company is progressing on key projects and is rumored to be evaluating a potential bid for Teck Resources (NYSE:TECK).

Portfolio Pulse from Stjepan Kalinic

July 16, 2024 | 2:09 pm

AAPL

AMZN

BAC

GLD

GOOG

IWM

META

MS

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The article discusses a breakout in small caps, driven by the anticipation of rate cuts, with an 85% probability of a rate cut in September. It highlights notable earnings from Morgan Stanley and Bank of America, and positive money flows in major tech stocks and ETFs. The article also touches on Bitcoin's range-bound status and provides investment strategies for different risk preferences.

Portfolio Pulse from The Arora Report

July 16, 2024 | 2:05 pm

AMIX

CMND

CYN

LPA

SILO

TKLF

U.S. stocks saw significant gains with the Dow Jones rising over 400 points. Retail sales for June were flat, and industrials led the market with a 1.2% increase. Notable stock movements included Silo Pharma, Yoshitsu Co., and Logistic Properties of the Americas, which saw substantial gains, while Autonomix Medical, Cyngn Inc., and Clearmind Medicine experienced declines.

Portfolio Pulse from Avi Kapoor

July 16, 2024 | 2:04 pm

C

ETHUSD

Citi projects up to $5.4 billion in inflows for upcoming spot Ethereum ETFs in the U.S., but cautions that actual inflows and returns could be lower than expected. The ETFs are set to begin trading next Tuesday after SEC approval. Ethereum prices have surged 11% to $3,400 in anticipation.

Portfolio Pulse from Ivan Crnogatić

July 16, 2024 | 1:55 pm

IYK

PEP

XLP

PepsiCo Inc. (NASDAQ:PEP) has partnered with Yara International ASA to reduce crop emissions in Europe by providing advanced crop nutrition programs and decarbonizing the food value chain. The partnership will initially focus on potatoes and expand to other crops, involving approximately 1,000 farms. PepsiCo reported a slight sales growth in Q2 but missed analyst estimates, and its stock has declined by 11% over the past year.

Portfolio Pulse from Shivani Kumaresan

July 16, 2024 | 1:55 pm

AMZN

GOOG

GOOGL

MSFT

VOX

XLC

Alphabet Inc. (GOOG, GOOGL) is in advanced talks to acquire cloud security firm Wiz for up to $23 billion, enhancing its cloud security capabilities to compete with Amazon (AMZN) and Microsoft (MSFT). This would be Google's most expensive acquisition to date, following its $5.4 billion acquisition of Mandiant. Wiz, valued at $12 billion, is expected to generate $1 billion in annual revenue by 2025. Alphabet's stock has gained over 43% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 16, 2024 | 1:39 pm