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TSLA

The European Union has reduced tariffs on Tesla's China-made electric vehicles to 9%, significantly lower than those for other Chinese automakers like SAIC, Geely, and BYD. This move could give Tesla a competitive advantage in the European market amid ongoing trade tensions.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 9:14 am

LIPO

Lipella Pharmaceuticals presented clinical data on LP-20, a new MRI contrast agent for diagnosing interstitial cystitis and detecting bladder cancer, at a conference in Japan.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:05 am

WENA

ANEW MEDICAL has signed an exclusive worldwide license agreement with Transfertech Sherbrooke for Nanoject, a needle-free, freeze-dried nanopowder autoinjector for medicines and vaccines.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:03 am

AOSL

Alpha and Omega Semiconductor has introduced a new highly robust Power MOSFET in the LFPAK 5x6 package, which is expected to enhance performance and reliability in power applications.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:02 am

NIPG

NIP Group, a digital entertainment company, has announced a strategic partnership with Homeinns Hotels Group in China. This collaboration aims to enhance digital entertainment offerings within the hospitality sector.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:01 am

GOOG

GOOGL

Alphabet Inc. has merged its Pixel, Android, and Chrome groups into a superunit led by Rick Osterloh, aiming to enhance its competitive edge against Apple's iPhone by leveraging AI. The reorganization involves key figures like Sameer Samat and Parisa Tabriz, and comes amid scrutiny over Google's competitive pace.

Portfolio Pulse from Ananya Gairola

August 21, 2024 | 8:47 am

GOOG

GOOGL

Waymo, a self-driving technology company under Alphabet Inc., has doubled its weekly paid robotaxi rides to 100,000 in three months, expanding significantly in California. Despite challenges, Alphabet is investing $5 billion in Waymo, while Tesla is seen as a potential competitor.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 8:08 am

CVX

Chevron plans to invest $1 billion in a new technology center in Bengaluru, India, creating 600 jobs by 2025. This move highlights Chevron's commitment to India and its global operations.

Portfolio Pulse from Ananthu C U

August 21, 2024 | 7:51 am

TSLA

NFI Industries, a logistics provider, is piloting Tesla's Semi trucks in its operations, similar to PepsiCo. Tesla plans to start full production of the Semi by late 2025, with a target of 50,000 units annually.

Portfolio Pulse from Anan Ashraf

August 21, 2024 | 7:46 am

NVDA

SOXX

SPY

Nvidia's stock has experienced volatility, with a prominent trader, Steve Grasso, selling his shares ahead of the company's upcoming earnings report. Nvidia's fiscal year 2025 Q2 earnings are expected to be a significant event, with analysts predicting strong results. The stock has been affected by potential delays in product launches and geopolitical concerns. Nvidia's stock has significantly outperformed the broader market and semiconductor ETFs this year.

Portfolio Pulse from Shanthi Rexaline

August 21, 2024 | 7:45 am