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TSLA

TSLL

TSLS

Tesla is seeking final approval from the Chinese government to deploy Full Self-Driving (FSD) cars in China. The rollout will start with employee vehicles and, if successful, expand to customers. This move could boost Tesla's sales and pressure other EV startups. Tesla's FSD software will be available for a one-time purchase or a monthly subscription. The company aims to collect more data to develop true FSD and eventually launch a global robotaxi service. Direxion offers ETFs for both bullish and bearish investors on Tesla.

Portfolio Pulse from Johnny Rice

May 30, 2024 | 5:51 pm

UAL

The FAA has granted United Airlines permission to take new aircraft deliveries. This announcement was made by FAA Administrator Mike Whitaker during a press conference.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 5:47 pm

CPRX

Catalyst Pharmaceuticals has received FDA approval to increase the maximum daily dose of FIRDAPSE for the treatment of Lambert-Eaton Myasthenic Syndrome (LEMS) from 80 mg to 100 mg.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 5:42 pm

AMD

MRVL

NVDA

SPRX

Marvell Technology (MRVL) is set to release its first-quarter earnings, with analysts estimating earnings of 25 cents per share on revenues of $1.18 billion. The stock has shown a bullish trend, forming a bull flag pattern. The Spear Alpha ETF (SPRX), which holds Marvell, NVIDIA (NVDA), AMD, and Zscaler (ZS), offers a diversified investment option.

Portfolio Pulse from Melanie Schaffer

May 30, 2024 | 5:41 pm

CCL

NCLH

RCL

Major cruise operators like Royal Caribbean, Carnival, and Norwegian Cruise Line are cutting summer cruise prices despite high demand. This is due to increased capacity and rerouting from conflict zones. Older ships are being discounted as newer vessels enter the market.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 5:40 pm

FAA Administrator Mike Whitaker announced that the production of Boeing 737 Max will remain limited until the FAA is satisfied with the aircraft's safety. This decision could impact Boeing's production schedule and financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 5:36 pm

The FAA Administrator held a news conference after meeting with Boeing's CEO. The discussion likely focused on regulatory and safety issues concerning Boeing's aircraft.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 5:34 pm

HRB

INTU

The IRS is launching a free online tax filing program available to all states, which could impact companies like H&R Block and Intuit that offer paid tax filing services.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 5:31 pm

AMZN

GOOGL

VCR

WMT

XLY

Amazon's Prime Air has received FAA clearance to operate drones beyond the visual line of sight (BVLOS), marking a significant milestone in its drone delivery expansion. This approval allows Amazon to serve more customers with faster delivery options, particularly in densely populated areas. The company plans to integrate drone deliveries into its broader network later this year. Amazon's stock has gained over 48% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 5:27 pm

DDOG

Bank of America analyst Koji Ikeda upgraded DataDog Inc (NASDAQ:DDOG) from Neutral to Buy, raising its price target from $143 to $155. Ikeda views DataDog as a high-quality large-cap stock with significant growth potential, driven by its robust platform and AI capabilities. The upcoming AI conference DASH is seen as a catalyst for further growth.

Portfolio Pulse from Hayden Buckfire

May 30, 2024 | 5:20 pm