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TSLA

Tesla is planning to unveil its new Robotaxi at the Warner Bros lot in California. This event is expected to showcase Tesla's advancements in autonomous vehicle technology.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:29 pm

HUM

Sanford Health has announced it will end its participation with Humana Medicare Advantage plans effective December 31, citing issues with coverage denials and care delays. Patients are advised to explore other plans during the Medicare open enrollment period.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:25 pm

CING

Cingulate Inc. (NASDAQ:CING) shares are experiencing a significant rise, driven by the announcement of their Precision Timed Release (PTR) technology for ADHD treatment and a positive valuation note from Zacks Small-Cap Research. The stock has seen a 15% increase, with a notable decrease in short interest.

Portfolio Pulse from Vaishali Prayag

August 30, 2024 | 7:23 pm

LMT

SPY

The U.S. State Department has approved a potential $390 million sale of High Mobility Artillery Rocket Systems (HIMARS) to Croatia, as reported by Reuters citing the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:13 pm

F

GM

TSLA

A JD Power study indicates increased interest in electric vehicles (EVs) due to discounts and improved financing options. The study shows 28% of new-vehicle shoppers are likely to consider an EV for their next purchase. Tesla benefits from its vertical integration, while Ford and GM face challenges in making profitable EVs.

Portfolio Pulse from Chris Katje

August 30, 2024 | 6:50 pm

NVAX

Novavax announced that the FDA has authorized its updated COVID-19 vaccine, which is designed to offer better protection against currently circulating variants.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:28 pm

NTES

NetEase is reportedly closing its Tokyo-based Ouka Studios, known for the game Visions of Mana, due to strategic adjustments in response to market conditions. This move reflects a broader industry trend of adapting to changing market dynamics.

Portfolio Pulse from Franca Quarneti

August 30, 2024 | 6:27 pm

USO

Oil prices are declining due to reports that OPEC+ might increase oil production. This development could impact oil-related assets, including ETFs like USO.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:26 pm

AMD

NVDA

Nvidia's new Blackwell chips, which are larger and more complex, face manufacturing challenges impacting profit margins. Analysts remain optimistic, with price targets set at $138 and $200, citing strong data center sales and future growth potential.

Portfolio Pulse from Anusuya Lahiri

August 30, 2024 | 6:15 pm

TONUSD

Telegram, co-founded by Pavel Durov, derives 40% of its revenue from crypto-related operations, including an integrated wallet and sale of collectibles. Despite an operating loss, the company has raised significant investment and is valued over $30 billion. Durov's arrest in France raises concerns about Telegram's future.

Portfolio Pulse from Khyathi Dalal

August 30, 2024 | 6:10 pm