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ANGO

BILI

HIMS

JOBY

LEVI

NGVT

WOLF

Several US-listed stocks experienced significant declines on Thursday, including AngioDynamics, Ingevity, Levi Strauss, and others. AngioDynamics reported a smaller-than-expected loss but still saw a 15.6% drop in share price. Ingevity's CEO departure led to a 12.6% decline. Levi Strauss reported disappointing sales and issued lower guidance, resulting in a 9.1% drop. Other stocks like Hims & Hers Health, Joby Aviation, and several US-listed Chinese stocks also saw declines.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 2:02 pm

GOVX

SNGX

The WHO Chief has assessed the risk of a Marburg virus outbreak as very high at the national level, high at the regional level, and low at the global level. This assessment may impact companies involved in vaccine development or virus containment.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:01 pm

APIE

AVIV

JOBY

Toyota is delaying its North American EV production to 2026 due to slowing sales and design adjustments. The company plans to launch 10 new EV models by 2026 and has reduced its EV production target. Toyota also announced a $500 million investment in Joby Aviation for electric air taxis.

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 1:56 pm

NKE

Nike reported its fiscal first quarter results, surpassing earnings estimates but missing revenue expectations. The company is undergoing a CEO change and is refocusing on wholesale relationships after a less successful direct-to-consumer strategy. Foot Locker, a key partner, is also working on improving its business.

Portfolio Pulse from Upwallstreet

October 03, 2024 | 1:55 pm

BABA

BIDU

NIO

PDD

XPEV

Chinese stocks are cooling off after a significant rally due to stimulus optimism. Concerns over Middle East tensions are causing a pullback in U.S.-listed Chinese stocks like Alibaba, JD.com, Baidu, and others. Despite the pullback, these stocks have seen substantial gains over the past month.

Portfolio Pulse from Adam Eckert

October 03, 2024 | 1:49 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced three new expansion contracts for its Emergency Communication Devices with counties in California, Tennessee, and Virginia. These contracts involve scaling up existing agreements to include more devices and long-term services.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 1:41 pm

HIMS

LLY

Hims & Hers Health shares are trading lower, potentially in sympathy with Eli Lilly, following the FDA's announcement that the weight-loss drug shortage has ended.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 1:36 pm

HIMS

LLY

NVO

Hims & Hers Health Inc (NYSE:HIMS) shares are falling due to the FDA's removal of Eli Lilly's (NYSE:LLY) diabetes and weight-loss drugs from the shortage list. This impacts Hims & Hers, which sells compounded versions of these drugs. Eli Lilly's improved supply may reduce demand for compounded alternatives.

Portfolio Pulse from Adam Eckert

October 03, 2024 | 1:31 pm

TOVX

Theriva Biologics shares rose following a positive review from the Data and Safety Monitoring Committee for its SYN-004 clinical trial, allowing the study to proceed to the next cohort.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 1:27 pm

MULN

Mullen Automotive's subsidiary, Bollinger Motors, has delivered its first Bollinger B4 electric trucks to Nacarato Truck Centers, marking a significant revenue milestone of $800,000 for the quarter ending September 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 1:17 pm