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LUCY

Innovative Eyewear, Inc. (NASDAQ:LUCY) has expanded its retail presence, with its smart eyewear now available in approximately 370 stores. The company showcased its products at Vision Expo West, receiving positive feedback and interest from retailers.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:11 pm

GNRC

Hurricane Helene has significantly increased demand for backup generators, benefiting Generac Holdings Inc. (NYSE:GNRC). KeyBanc analysts highlight a surge in power outages, positioning Generac to capitalize on this trend. The company's stock has risen following the hurricane, with expectations of strong Q3 earnings.

Portfolio Pulse from Erica Kollmann

October 02, 2024 | 4:06 pm

GOOGL

Google has announced the general availability of new confidential computing options and updates to the Google Cloud Attestation Service. These enhancements aim to improve security and privacy for users of Google Cloud services.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 4:05 pm

BTCUSD

10x Research advises Bitcoin traders to monitor the 21-week moving average at $60,918, a critical support level. If Bitcoin falls below this, traders should consider reducing long positions due to conflicting economic signals and the ISM Manufacturing Index's impact on Bitcoin cycles.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 4:00 pm

USO

The Saudi oil minister has warned that oil prices could fall to $50 per barrel if OPEC+ members do not adhere to production limits. This statement is seen as a threat of a potential price war to maintain market share.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:58 pm

CAT

DJIA

DYLG

TRMB

Caterpillar and Trimble have expanded their joint venture to enhance grade control solutions in construction, driving innovation and expanding industry reach. This collaboration aims to improve technology interoperability and offer new solutions across various markets.

Portfolio Pulse from Lekha Gupta

October 02, 2024 | 3:55 pm

AMAT

Applied Materials (AMAT) shares rose by 3.28% to $203.66 as semiconductor stocks rebounded after a market dip caused by geopolitical tensions. The initial sell-off was due to Iran's missile attack on Israel, but tech stocks, including AMAT, recovered as investors reassessed the situation.

Portfolio Pulse from Henry Khederian

October 02, 2024 | 3:54 pm

CAG

ConAgra's CEO expressed confidence in managing through a potential port strike without significant impact, having pre-purchased ingredients to mitigate disruptions. However, a prolonged strike could pose larger challenges.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:52 pm

CAG

ConAgra Brands' CEO has stated that the company has been preparing for a potential strike at U.S. East Coast ports by working closely with suppliers and their suppliers for months.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:51 pm

MCD

McDonald's has posted a picture on X suggesting a collaboration with Twitch streamer Kai Cenat, indicating an upcoming event or promotion on October 10th.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:50 pm