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NXT

Nextracker and JM Steel, a subsidiary of Jennmar Holdings, have completed a significant expansion of Nextracker-dedicated manufacturing lines at JM Steel's Leetsdale Steel Facility, reaching a capacity of 4 GW. This expansion is part of Nextracker's broader effort, marking 20 new or expanded U.S. manufacturing partner facilities since 2021, enabling the company to supply over 25 GW of U.S. solar tracker capacity annually.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:39 am

OCGN

Ocugen announced its plans to present on its Modifier Gene Therapy Platform at the Association for Research in Vision and Ophthalmology 2024 Annual Meeting. This presentation could highlight Ocugen's advancements in ophthalmology and potentially impact its visibility and credibility in the biotech and healthcare sectors.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:36 am

LIN

Linde has increased its production capacity at Mims by 50%, following a project in 2020 that doubled its output. This expansion will support the demand for oxygen, nitrogen, and argon across various sectors including healthcare, manufacturing, food processing, and water treatment.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:27 am

TSLA

The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla Inc's (NASDAQ:TSLA) software update intended to address issues with the Autosteer feature in over 2 million vehicles recalled in December. The probe follows concerns arising from post-remedy crash events and preliminary test results of the updated vehicles.

Portfolio Pulse from Anan Ashraf

April 26, 2024 | 10:19 am

DOGEUSD

FLOKIUSD

SHIBUSD

Cryptocurrency influencer Crash predicts meme coins BRETT, BOBO, PEPE, and REDO to outperform in the current cycle, emulating the success of DOGE, SHIB, and FLOKI. Notable traders highlight the importance of altcoin selection, with Bitcoin recognized as a safe asset. The potential for meme coins to make significant gains during bull runs is emphasized, with specific coins like WIF and MYRO also mentioned as likely to explode in value.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 10:16 am

MSFT

Microsoft Corp's CEO Satya Nadella is planning a visit to Southeast Asia to discuss AI developments with government officials and developers. The visit aims to strengthen Microsoft's AI initiatives in the region, leveraging its Azure cloud-computing unit and partnership with OpenAI. Microsoft's focus on AI has driven demand for its software and cloud services, contributing to a 17% increase in third-quarter revenue to $61.9 billion, surpassing analyst estimates. The company also highlighted its record-breaking gaming performance and expansion plans.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 10:12 am

F

Ford Motor Co (NYSE:F) is launching its Bronco SUV, known as Liè Ma in China, at the Beijing Auto Show following a sales decline in the U.S. The company received a sales license for the Bronco in China in September and plans to make it available to Chinese customers this year. Despite the U.S. sales dip, with a nearly 26% drop in Bronco sales and a 10.7% decrease in overall Bronco family sales, Ford is optimistic about the Chinese market. The Beijing Auto Show, focusing on EVs, features the Bronco among other vehicles.

Portfolio Pulse from Anan Ashraf

April 26, 2024 | 10:00 am

MSFT

Wedbush analyst Dan Ives praised Microsoft Corp. (NASDAQ:MSFT) for its performance in AI and cloud computing, following its Q3 earnings beat. Ives highlighted CEO Satya Nadella's leadership and the growth of Azure in AI, referring to the current period as a '1995 Moment' for the industry. He reiterated a $500 price target for Microsoft, noting the stock's premarket rise of 4.25% to $416. Microsoft's Q3 revenue was $61.9 billion, a 17% increase year-over-year, with earnings of $2.94 per share.

Portfolio Pulse from Rounak Jain

April 26, 2024 | 9:21 am

PSO

Pearson announced a Q1 underlying sales growth of 3%, excluding OPM and Strategic Review. The company is on track to meet its 2024 guidance, with expected momentum in the second half of the year. Pearson is making strong operational progress across all divisions, continuing to integrate AI into its products, and has completed an initial £300m share buyback with a £200m extension underway.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:59 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares rose for the third consecutive session after its quarterly results, with a 17.6% surge attributed to an optimistic product outlook and plans for more affordable models by mid-2025. Gary Black of Future Fund highlighted the expansion of Tesla's total addressable market but noted skepticism among investors regarding Tesla's robotaxi plans. Despite the stock rally, concerns about Tesla's core auto gross margin and cash flow persist, with analysts offering cautious outlooks.

Portfolio Pulse from Shanthi Rexaline

April 26, 2024 | 8:38 am