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BMWKY

MBGAF

European automakers criticize the EU's decision to impose tariffs on Chinese EVs, arguing it harms competitiveness. Despite this, stocks of Mercedes-Benz and BMW rose. The EU aims to address subsidization issues with China, but member states are divided on the tariffs.

Portfolio Pulse from European Capital Insights

October 04, 2024 | 4:11 pm

AMKR

TSM

Amkor and TSMC have announced a collaboration to bring advanced chip packaging technologies, CoWoS and InFo, to the U.S. This partnership will enhance semiconductor production efficiency and reduce reliance on Taiwan. Amkor's new facility in Arizona will serve TSMC's customers, including Apple.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 4:02 pm

META

Meta Platforms Inc. has launched Movie Gen, a generative AI tool for creating videos, images, and audio from text prompts. This innovation is part of Meta's strategy to enhance user engagement and product adoption, potentially driving revenue growth.

Portfolio Pulse from Michael Cohen

October 04, 2024 | 4:01 pm

EA

Electronic Arts Inc. (NASDAQ:EA) has launched EA SPORTS NHL 25, featuring the new ICE-Q Gameplay Intelligence System, revamped Franchise Mode, and enhanced presentation. The game is available on PlayStation 5 and Xbox Series X|S, offering a next-generation hockey experience.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 4:01 pm

SAGE

Sage Therapeutics (NASDAQ:SAGE) has been evaluated by 13 analysts, showing a mix of bullish and bearish perspectives. The average 12-month price target is $17.38, a 21.53% decrease from the previous target. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Sage Therapeutics is a clinical-stage biopharmaceutical company focusing on brain health medicines, with significant revenue growth but challenges in asset utilization.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:00 pm

LIVN

LivaNova Plc (NASDAQ:LIVN) is expected to see revenue and profit gains due to new product cycles and strategic shifts, according to Goldman Sachs analyst David Roman. He initiated coverage with a Buy rating and a $65 price target, citing potential 5% revenue growth and 14% EPS growth through 2027.

Portfolio Pulse from Priya Nigam

October 04, 2024 | 3:59 pm

BEKE

KE Holdings Inc. (NYSE:BEKE), a leading Chinese real estate platform, has experienced a significant surge in its stock price, marked by a Golden Cross, indicating potential continued upward momentum. The company has also announced share repurchases and reported strong financials, suggesting a promising outlook despite overbought conditions.

Portfolio Pulse from Surbhi Jain

October 04, 2024 | 3:57 pm

BLNK

LCID

WBAT

Blink Charging Co. (NASDAQ:BLNK) is seeing a rise in its stock price following the announcement that its subsidiary, Envoy Technologies, will incorporate Lucid Air EVs from Lucid Group (NASDAQ:LCID) into its car-sharing programs at luxury properties in California. This move is part of Blink's strategy to expand its EV charging and sharing services. Blink has also surpassed 100,000 EV chargers sold, deployed, or contracted worldwide.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 3:44 pm

META

Meta is introducing new features for Facebook and Messenger, including Local and Explore tabs, AI integrations, and Messenger Communities. These updates aim to enhance user engagement and social discovery on the platforms.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 3:33 pm

GSK

SNY

The U.S. HHS is awarding $72 million in new grants for bird flu vaccine manufacturing to companies including Sanofi, GSK, and CSL. The CDC has confirmed two new human cases of bird flu in California, prompting symptom monitoring on affected dairy farms.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 3:09 pm