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CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher today following the announcement of their new EV connector solution, ChargePoint Omni Port. This innovation allows any EV to charge in any parking space without needing an additional cable. The stock has lost over 78% in the past year but is seeing a 9.44% increase today. Investors can also gain exposure to ChargePoint through SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 6:13 pm

LYFT

Investors with significant capital have taken a predominantly bearish stance on Lyft (NASDAQ:LYFT), as evidenced by recent options trading activity. Benzinga's options scanner identified 22 unusual options trades, with 54% being bearish. The trades include 13 puts totaling $2,601,912 and 9 calls totaling $677,932. The targeted price range for Lyft over the last three months is between $7.5 and $15.0. The current trading volume is 16,007,353, and the stock price is up by 9.2%, reaching $9.91.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:09 pm

PBR

Brazil's Petrobras has obtained licenses to increase oil production in two fields, according to Reuters citing sources.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:09 pm

IYG

JPM

XLF

JPMorgan Chase & Co. (NYSE:JPM) has launched the JPMorgan Fundamental Data Science (FDS) Suite, which includes three new active ETFs on the Nasdaq Stock Exchange. These ETFs leverage data science for portfolio construction and target core equity segments. The launch is part of JPMorgan's strategy to use advanced data science techniques to navigate complex markets. Additionally, JPMorgan Payments is expanding its collaboration with PopID to introduce in-store biometric payment technology.

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 6:02 pm

WBD

Warner Bros. Discovery Inc (NASDAQ:WBD) is shifting its focus towards free-to-play gaming models after a significant decline in gaming revenue, largely due to the poor performance of Suicide Squad: Kill the Justice League. The company aims to leverage its iconic intellectual properties and explore partnerships to enhance its gaming portfolio.

Portfolio Pulse from Franca Quarneti

August 08, 2024 | 6:02 pm

OXY

Occidental Petroleum's CEO announced that the company will maintain a steady activity level from its Crownrock assets through 2025.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:01 pm

ETHUSD

SOLUSD

Solana (SOL) spiked to $160 following the approval of the first Solana ETF in Brazil. Traders predict further gains for Solana, potentially outperforming Ethereum (ETH). The ETF approval and investment from Binance Labs are key drivers.

Portfolio Pulse from Khyathi Dalal

August 08, 2024 | 5:56 pm

DGRS

IWM

QSML

VTWO

The Russell 2000 has surged over 10% in July, driven by a rotation trade and anticipation of a Federal Reserve pivot. The iShares Russell 2000 ETF (IWM) and Vanguard Russell 2000 ETF (VTWO) gained over 11%. WisdomTree's Brian Manby highlights the potential for small-cap stocks, particularly the WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and the WisdomTree U.S. SmallCap Quality Growth Fund (QSML), to benefit from potential interest rate cuts and a soft landing by the Fed.

Portfolio Pulse from Surbhi Jain

August 08, 2024 | 5:52 pm

OXY

Occidental Petroleum's CEO announced that their joint venture with Ecopetrol is delivering 40,000 barrels of oil equivalent per day. This was disclosed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 5:49 pm

AAPL

VGK

Epic Games CEO Tim Sweeney announced that the company is on track to launch the Epic Games Store on iOS in the European Union soon, potentially without Apple's cooperation.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 5:48 pm