Streetbeat News

Products Services

BYDDY

BYD Company (OTC:BYDDY) is set to sign a $1 billion agreement with Turkey to build an EV manufacturing plant, enhancing its access to the EU market. The plant will be located in Manisa province and will serve both the EU and domestic markets. Turkey has reduced tariffs on Chinese motor vehicle imports to stimulate investment.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 4:10 pm

HCM

HUTCHMED (NASDAQ:HCM) stock is trading higher following the acceptance of its New Drug Application for Tazemetostat in China with Priority Review status. The drug is already approved in the US and Japan for certain types of lymphoma.

Portfolio Pulse from Dylan Berman

July 05, 2024 | 3:56 pm

ARM

Arm Holdings Plc (NASDAQ:ARM) shares are trading higher on above-average volume, gaining more than 30% over the past month. The stock joined the Nasdaq 100 Index at the end of June. Arm's CFO and CEO highlighted the company's critical role in AI adoption, with 70% of the world's devices using Arm chips. The stock is trading well above its 50-day moving average and marked a new 52-week high.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 3:54 pm

CZR

Caesars Entertainment has acquired sports betting technology company ZeroFlucs. ZeroFlucs will continue to operate under the leadership of Steve Gray and Carly Christensen.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:53 pm

APH

ELF

MSTR

TSM

UBER

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: E.l.f. Beauty Inc (ELF), Amphenol Corporation (APH), MicroStrategy Inc (MSTR), Uber Technologies (UBER), and Taiwan Semiconductor (TSM). Key developments include new partnerships, share buybacks, cryptocurrency investments, legal settlements, and AI demand.

Portfolio Pulse from Chris Katje

July 05, 2024 | 3:49 pm

NVDA

Nvidia is set to begin shipping its new B100 and B200 chips, with mass production of servers equipped with these Blackwell architecture chips starting in mid to late Q3 2024. Air cooling remains the dominant cooling method.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:39 pm

AAPL

Apple has reportedly increased production orders for its new A18 processor following the debut of Apple Intelligence at the 2024 Worldwide Developers Conference (WWDC24). This move has heightened expectations for the iPhone 16.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:38 pm

GSK

GSK has launched the first single-dose medicine to prevent relapse of P. Vivax malaria in Thailand and Brazil. This marks a significant milestone in the fight against malaria.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:34 pm

DRPRY

Porsche is recalling 17,278 Taycan EVs in China due to brake issues, marking the second recall in a year. The recall, starting on August 31, 2024, addresses potential cracks in front brake hoses that could lead to brake fluid leakage and increased crash risk. Porsche will replace the affected parts free of charge.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2024 | 3:30 pm

HCM

HUTCHMED shares are trading higher after the company announced that its NDA for Tazemetostat for the treatment of relapsed or refractory follicular lymphoma was accepted in China with Priority Review status.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:21 pm