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China's autonomous vehicle push raises job security concerns, but experts suggest new job opportunities will emerge. Tesla, Baidu, and other companies are advancing in the robotaxi market, with Tesla delaying its robotaxi unveiling to October.

Portfolio Pulse from Benzinga Neuro

August 30, 2024 | 6:24 am

INTC

NVDA

Intel CEO Pat Gelsinger acknowledges market skepticism as Intel's stock drops significantly, while rival Nvidia's stock surges. Intel faces challenges in its server business and has announced layoffs and potential portfolio cuts. The company is also competing for a U.S. chip subsidy amid scrutiny.

Portfolio Pulse from Benzinga Neuro

August 30, 2024 | 5:19 am

BTCUSD

El Salvador's President Nayib Bukele acknowledges that Bitcoin's adoption as legal tender hasn't been as successful as anticipated. Despite this, the initiative has improved the country's branding, spurred investments, and boosted tourism. The government has seen financial gains from Bitcoin investments, and the cryptocurrency has become a topic in the U.S. presidential election cycle.

Portfolio Pulse from Aniket Verma

August 30, 2024 | 3:54 am

NVDA

Cryptocurrencies experienced volatility as Bitcoin and Ethereum saw significant price movements. Former President Trump's plan to make the U.S. the 'crypto capital' influenced market sentiment. Meanwhile, NVIDIA's stock dropped despite strong earnings.

Portfolio Pulse from Aniket Verma

August 30, 2024 | 2:40 am

CURLF

The UK's medical cannabis market is growing rapidly, with a 10% monthly increase, driven by private sector involvement and increasing acceptance. However, NHS prescriptions remain limited, leading to a reliance on illicit channels. Curaleaf is expanding in the UK, offering pharmaceutical-grade cannabis at competitive prices to counter the illegal trade.

Portfolio Pulse from Nicolás Jose Rodriguez

August 30, 2024 | 2:05 am

HBM

Hudbay Minerals has received an Aquifer Protection Permit from the Arizona Department of Environmental Quality for its Copper World project. This permit is a significant step forward in the development of the project.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 10:02 pm

BYU

BAIYU Holdings, Inc. (NASDAQ:BYU) shares rose after securing a $60 million contract to supply lithium batteries to Feng’s Auto Parts, marking its entry into the U.S. market. The deal involves 50,000 battery sets, enhancing BAIYU's brand and growth prospects in the energy sector.

Portfolio Pulse from Vaishali Prayag

August 29, 2024 | 9:34 pm

BNRG

Brenmiller Energy Ltd (NASDAQ:BNRG) shares surged after reporting improved first-half financial results. The company is exploring cold thermal energy storage for AI data centers and has a project pipeline worth up to $500 million. Shares rose 127.91% after-hours.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 9:32 pm

LUNR

Intuitive Machines Inc (NASDAQ:LUNR) shares surged after being awarded a $116.9 million NASA contract to deliver payloads to the Moon. The contract highlights the company's capabilities in lunar delivery and autonomous operations. Intuitive Machines is in the final assembly phase of its second lunar mission, with plans for a third mission underway.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 9:13 pm

OTGLY

CD Projekt ADR (OTC:OTGLY) reported a 90% surge in profits for the first half of 2024, driven by strong sales of Cyberpunk 2077 and The Witcher 3. The company saw a 30.7% increase in sales, reaching $109 million, and net profits rose to $43 million. CD Projekt is also investing in new projects, including the next Witcher and Cyberpunk installments.

Portfolio Pulse from Franca Quarneti

August 29, 2024 | 8:54 pm