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ZCAR

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) has launched a Generative AI Assistant to enhance its car-sharing platform in India. This tool provides 24/7 support to Hosts, aiding in onboarding, platform navigation, and vehicle safety, aiming to boost earnings. The AI assistant is expected to improve the overall user experience and will soon be available for Guests as well.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 4:10 pm

CBDD

CBD of Denver, Inc. reported a 37.4% YoY increase in Q2 revenue to $1,002,240, slightly below expectations. The company is expanding into the German market, facing regulatory challenges. Operating expenses and salaries have decreased, indicating improved efficiency.

Portfolio Pulse from Jelena Martinovic

August 30, 2024 | 3:57 pm

EQNR

Equinor ASA is downsizing its renewables unit, shifting focus from growth to profitability, and will undertake fewer projects in fewer markets. The company is in talks with unions about the impact on employees.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:46 pm

GE

GE Vernova has announced that their analyses indicate the recent turbine blade failures at U.S. and UK offshore wind farms are unrelated. This clarification may alleviate concerns about systemic issues in their turbine technology.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:45 pm

EWY

SPY

USO

Three U.S. Democratic Senators have urged the Biden administration to reduce the current import quota for South Korean Oil Country Tubular Goods. This request could impact trade relations and the energy sector.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:42 pm

SPY

USO

Libya's National Oil Corporation (NOC) reports a significant loss of approximately 63% in total oil production due to recent oilfield closures. The NOC clarifies that the closures are not related to their operations, and restarting the halted oilfields will require substantial costs and technical efforts.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:37 pm

BYDDY

BYD Co., Ltd. has unveiled a new model series called Xia at the Chengdu auto show, with the Xia MPV as the first model. This vehicle is part of BYD's Dynasty lineup and features the company's fifth-generation DM hybrid technology. The Xia MPV is priced at approximately $42,340 and will be available later this year.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 3:34 pm

TTD

The Trade Desk is developing its own smart TV operating system to compete with Roku, Google, and Amazon. The OS aims to offer better revenue sharing and customization options for hardware makers. The move is part of The Trade Desk's strategy to expand its presence in the connected TV advertising market.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:24 pm

GM

LAC

General Motors reports that Lithium Americas is making significant progress in scaling up commercial production at the Thacker Pass mine.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:22 pm

ERJ

Embraer has hired consultancy firm Oliver Wyman to assist in entering the U.S. defense market, with a focus on potential sales of its C-390 military transport aircraft.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 3:07 pm