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BYD Co., Ltd. has launched five electric vehicle models in Tunisia, expanding its presence in the African market. The launch includes three battery electric vehicles (BEVs) and two plug-in hybrid electric vehicles (PHEVs). This move follows a visit by the Tunisian President to BYD's headquarters and marks a significant step in BYD's international expansion.

Portfolio Pulse from Nabaparna Bhattacharya

July 02, 2024 | 2:37 pm

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The US is set to announce an additional $2.3 billion in weapons for Ukraine, which could impact defense contractors and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:35 pm

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Federal Reserve Chair Jerome Powell discussed the potential impact of AI, noting a sense of significant change on the horizon. He mentioned that the Fed is not currently using generative AI and expressed concerns about cyber risks.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:31 pm

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Influential crypto analyst Pentoshi predicts a significant upside for Bitcoin, despite a potential short-term decline to $48,000-$51,000. He emphasizes Bitcoin's limitless potential due to factors like ETFs, finite supply, and increasing competition. Altcoins are expected to have separate cycles.

Portfolio Pulse from Khyathi Dalal

July 02, 2024 | 2:31 pm

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Robinhood is considering listing crypto futures in the US and Europe, according to Bloomberg. This move could expand its offerings and attract more users interested in cryptocurrency trading.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:30 pm

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Hack Reactor has announced an enhanced consumer experience aimed at facilitating smoother career transitions into the tech industry. The improvements include a new look and expanded content offerings to support their coding bootcamps and job placement services in software engineering.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:23 pm

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Gemini predicts that spot Ethereum ETFs could attract up to $15 billion in 2024, with an estimated $5 billion in net inflows within the first six months. This could significantly boost Ethereum's value and improve its standing relative to Bitcoin. The SEC's approval of initial filings for spot Ethereum ETFs in May has set the stage for this potential growth.

Portfolio Pulse from Murtuza Merchant

July 02, 2024 | 2:18 pm

UBER

Uber is launching Uber Boat services across Europe this summer to meet rising demand in tourist hotspots. Last summer, Uber had 6.5 million international users, including 800,000 in Ibiza. Additionally, Uber Yacht will be available in Ibiza from August 2024, offering luxurious yacht rentals.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:16 pm

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Shares of pharmaceutical stocks are trading lower after President Biden called on Novo Nordisk to cut prices for Ozempic and Wegovy.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:12 pm

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Sidus Space, Inc. (NASDAQ:SIDU) and NASA Stennis Space Center successfully completed the primary objectives of the NASA ASTRA payload mission on July 1, 2024. This milestone marks significant progress in the development of autonomous systems for aerospace applications.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:08 pm