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HOOD

Robinhood is poised to become a leading cryptocurrency investment platform, according to Bernstein. The company's diverse crypto offerings and younger user base position it well for future growth. Despite past stock price declines, Robinhood's focus on crypto and product innovations are seen as strategic advantages.

Portfolio Pulse from Khyathi Dalal

October 24, 2024 | 5:11 pm

GOOGL

Google Photos will introduce a new feature that provides transparency for AI edits. Starting next week, the app will indicate when a photo has been edited using Google AI. This move aims to enhance user awareness and trust in AI-driven photo modifications.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:09 pm

YUM

Yum Brands has decided to remove onions from its menu items as a precautionary measure. This decision is made out of an abundance of caution, although the specific reasons for this action were not detailed in the article.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:06 pm

BA

LUV

Southwest Airlines' CFO announced that the company will delay providing detailed capital expenditure and 2025 guidance until they have more clarity on their order book. They are considering potential Boeing delivery delays in their 2025 contingency planning and are closely monitoring Boeing's production.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:01 pm

CARR

CBRE

DOW

GLD

HON

IBM

KKR

LRCX

LUV

LVS

NDAQ

NEM

NOW

RJF

SPGI

TMUS

TSLA

UNP

UPS

URI

VLO

XLY

Tech stocks surged on Thursday, led by Tesla's 18% rise after strong quarterly results. Despite Tesla's rally, market sentiment remained cautious. The S&P 500 and Russell 2000 were flat, while the Dow Jones fell. The Consumer Discretionary sector, influenced by Tesla, led gains. Treasury yields eased, boosting gold prices.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 4:58 pm

KHC

JBS and Sigma are competing to acquire Kraft Heinz's Oscar Mayer hot dog business, valued at $3 billion. Kraft Heinz aims to focus on healthier products due to changing consumer trends. The deal could be finalized in the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:53 pm

NTLA

Intellia Therapeutics' stock fell 18.3% after releasing Phase 2 data for its gene therapy NTLA-2002, showing significant reduction in HAE attack rates. The 50 mg dose was selected for Phase 3 trials, expected to conclude by 2027.

Portfolio Pulse from Vandana Singh

October 24, 2024 | 4:43 pm

LUV

Southwest Airlines' CEO emphasized that the company's fleet monetization strategy should not be considered a core part of its business. This statement was made during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:42 pm

MRNS

Marinus Pharmaceuticals' stock plummeted after its oral seizure drug ganaxolone failed to meet the primary endpoint in a Phase 3 trial for tuberous sclerosis complex. The company is exploring strategic alternatives and reducing costs, including workforce cuts.

Portfolio Pulse from Vandana Singh

October 24, 2024 | 4:42 pm

TXN

Texas Instruments is expanding its internal manufacturing for gallium nitride semiconductors, quadrupling capacity at its Aizu, Japan factory. This expansion has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:39 pm