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NIO

TSLA

XPEV

Nio, XPeng, and Li Auto reported strong EV delivery figures for June, boosting the EV market. Nio achieved record deliveries for the second consecutive month, XPeng maintained its growth streak, and Li Auto showed significant YoY growth. Tesla shares also rose ahead of its Q2 delivery report.

Portfolio Pulse from Upwallstreet

July 02, 2024 | 1:12 pm

AMAT

ASML

NVDA

SMH

TSM

XLK

Taiwan Semiconductor Manufacturing Co (TSMC) is set to significantly increase its capital expenditures in 2025, driven by strong demand and advancements in its 2nm process technology. This move is expected to benefit ASML Holding and Applied Materials Inc, as well as related third-party manufacturers. TSMC is a key supplier to Nvidia Corp. Investors can gain exposure to the semiconductor sector via VanEck Semiconductor ETF and SPDR Select Sector Fund – Technology.

Portfolio Pulse from Anusuya Lahiri

July 02, 2024 | 1:12 pm

NWS

Dow Jones, a division of News Corp., has acquired A2i Systems, a leader in AI-powered fuel pricing solutions. This acquisition enhances Dow Jones's energy business with advanced AI capabilities. A2i will operate as a subsidiary of OPIS within Dow Jones's energy sector.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:11 pm

GPN

Global Payments' AdvancedMD has launched new automation and payment capabilities, including the AdvancedMD Pay credit card processing system and terminal, as part of its 2024 summer product release. These updates aim to increase productivity and revenue for private medical practices.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:09 pm

TKO

TKO Group Holdings has made a strategic investment in EverPass Media, which has acquired UPshow. This acquisition allows NFL Sunday Ticket to be streamed at commercial businesses for the first time starting in 2024. The integration of UPshow enhances EverPass' media platform with streaming, consumer engagement, and performance marketing capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:07 pm

GRI

GRI Bio shares are trading higher following the publication of preclinical data showing that its lead program GRI-0621 reduced inflammatory and fibrotic drivers in Idiopathic Pulmonary Fibrosis.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:07 pm

GRI

GRI Bio has published preclinical data from its lead program GRI-0621 in the American Journal of Respiratory and Critical Care Medicine.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:06 pm

CRUZ

EIRL

RYAAY

Ryanair Holdings plc (NASDAQ:RYAAY) reported a record 19.3 million passengers in June 2024, up 11% Y/Y. The company’s flights were 95% full on average. In May, Ryanair carried 18.9 million passengers and reported FY24 revenue growth of 25% Y/Y to €13.44 billion, with EPS rising to €1.67 from €1.15. The company expects to grow traffic by 8%, contingent on Boeing (NYSE:BA) deliveries. Investors can gain exposure via IShares MSCI Ireland ETF (NYSE:EIRL) and Defiance Hotel, Airline, And Cruise ETF (NYSE:CRUZ). RYAAY shares closed lower by 2.08% at $114.02 on Monday.

Portfolio Pulse from Lekha Gupta

July 02, 2024 | 1:05 pm

VOXR

Vox Royalty Corp. (NASDAQ:VOXR) has provided updates on its royalty projects, including Plutonic East, Bulong, and Koolyanobbing. The company expects first production from these projects by September 2024 and Q1 2025, driven by partners Black Cat Syndicate, Catalyst Metals, and Mineral Resources.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:05 pm

Turkish Airlines has ordered four additional Boeing 777 Freighters, bringing their total to 12. This move aims to strengthen Turkish Airlines' position in the global air cargo market.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:04 pm