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PEV

Phoenix Motor Inc. (NASDAQ:PEV) shares surged premarket after reporting a significant increase in Q1 results, driven by a bargain purchase gain from acquiring Proterra's Transit business. The company also plans to establish an AI development center and has partnered with InductEV for wireless charging integration.

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 12:17 pm

YYGH

YY Group Holding Limited (NASDAQ:YYGH) has announced a strategic partnership with Dian Xiao Er Group Pte. Ltd. to enhance premium dining experiences using YY Circle's staffing solutions. This collaboration will support all 17 Dian Xiao Er outlets in Singapore, aiming to scale efficiently while maintaining service and culinary excellence.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:04 pm

The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into 368,309 Ford Edge SUVs from model years 2015-2017 due to concerns over potential loss of braking ability. This follows 36 complaints about rear brake hose failures. The investigation aims to assess the scope and severity of the issue.

Portfolio Pulse from Anan Ashraf

October 04, 2024 | 12:03 pm

WULF

TeraWulf reported mining 176 Bitcoin in September, with an average production rate of 5.9 Bitcoin per day. The company's self-mining capacity is at 10.0 EH/s, a 100% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:03 pm

EVLV

Evolv Technology (NASDAQ:EVLV) has partnered with Boston Common Golf, a team in the new TGL golf league, to provide security technology at the SoFi Center. This partnership aims to enhance the live event experience for fans.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:03 pm

AAPL

AMD

AMKR

NVDA

SEMI

SHOC

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) is advancing its 2nm technology development despite challenges. The company plans to commercialize 2nm technology by 2025 and is expanding its US operations, including a $65 billion investment in Arizona. TSMC's stock is up over 107% in the last year, but down 0.21% premarket.

Portfolio Pulse from Anusuya Lahiri

October 04, 2024 | 11:54 am

IPO

QCLN

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) has lowered its annual production guidance due to a supply shortage, causing its shares to drop by 8.16%. The company now expects to produce 47,000 to 49,000 vehicles, down from 57,000. Despite this, Rivian reaffirms its delivery outlook. Investors can access Rivian through ETFs like Renaissance IPO ETF (NYSE:IPO) and First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN).

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:52 am

BYDDY

NIO

TSLA

XPEV

The European Union has approved tariffs of up to 35.3% on Chinese-made battery electric vehicles, impacting companies like Tesla, BYD, Nio, and Xpeng. The tariffs aim to counteract alleged unfair subsidies and protect European manufacturers.

Portfolio Pulse from Anan Ashraf

October 04, 2024 | 11:36 am

ONCY

Oncolytics Biotech has announced significant progress in its breast and pancreatic cancer treatment studies and is preparing for the FDA's accelerated approval path. This development could potentially expedite the availability of their treatments.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:08 am

UHAL

U-Haul has expanded its self-storage services in the Twin Cities with three new facilities and plans for another by 2026, enhancing its presence in Minnesota.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:06 am