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MSFT

Microsoft and several airlines experienced outages linked to Crowdstrike, causing Crowdstrike's stock to open down over 13%. Meanwhile, Eli Lilly's stock rose following the approval of its drug Zepbound in China.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:31 pm

GCAN

Recent research published in Autism Research found no link between prenatal cannabis exposure and autism spectrum disorder (ASD) in children. The study, involving 11,570 children, was conducted by experts from Emory University, John Hopkins, and Harvard. Additionally, the Oklahoma Court of Criminal Appeals ruled that pregnant women using medical marijuana legally should not be prosecuted for child neglect, setting a new legal precedent in the state.

Portfolio Pulse from Jelena Martinovic

July 19, 2024 | 2:31 pm

BTTC

Bitech Technologies CEO Benjamin Tran discusses the company's focus on renewable energy solutions, particularly battery energy storage systems (BESS), and plans to uplist on NASDAQ. The company aims to address energy infrastructure issues and extreme weather events with innovative technologies like nanogrids and virtual power plants. Bitech is also exploring AI-driven energy management systems and has a clean balance sheet with no debt. The company has 23 projects in the pipeline and plans to generate revenue by mid-summer next year.

Portfolio Pulse from Stjepan Kalinic

July 19, 2024 | 2:29 pm

MSFT

Microsoft has announced that the Microsoft 365 Admin Center is now available, as indicated on the Microsoft Service Health Status Page 365.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:28 pm

LUV

Southwest Airlines has announced that it is not impacted by the global IT outage, according to a spokesperson.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:28 pm

GE

GE Aerospace (NYSE:GE) is investing over $1 billion in the next five years to expand its global Maintenance, Repair, and Overhaul (MRO) and component repair facilities. This investment aims to meet the increasing demand for aircraft engines, particularly the CFM LEAP engines. A significant portion of the funding will go towards constructing a new Services Technology Acceleration Center (STAC) near Cincinnati, Ohio, set to open in September 2024. GE shares are trading higher by 0.80% at $160.10.

Portfolio Pulse from Shivani Kumaresan

July 19, 2024 | 2:26 pm

PYPL

The options market for PayPal Holdings (NASDAQ:PYPL) shows a mixed sentiment with significant trades observed. Out of 8 trades, 6 were calls and 2 were puts, with a total trade value of $416,070 for calls and $113,500 for puts. The major market movers are focusing on a price band between $57.5 and $85.0. The current stock price is $59.61, down 0.65%, with neutral RSI indicators. Next earnings are expected in 12 days.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 2:17 pm

CRWD

MSFT

SPY

TSLA

Bitcoin, Ethereum, and Dogecoin prices fell as Trump's presidency odds dipped. CrowdStrike shares recovered after Microsoft resolved a global tech outage. The Dow plunged over 500 points following a surge in US jobless claims. Tesla saw a 24% drop in California registrations amid rising EV competition.

Portfolio Pulse from Akanksha Bakshi

July 19, 2024 | 2:15 pm

BYDDY

BYD Co., Ltd. (OTC:BYDDY) has launched its premium NEV brand Denza in Cambodia with the opening of its first flagship showroom in Phnom Penh. The showroom spans nearly 600 square meters and includes various service areas. This marks Denza's first local delivery of the D9 MPV in Cambodia. Additionally, BYD plans to establish an EV plant in Cambodia capable of assembling 20,000 vehicles annually.

Portfolio Pulse from Nabaparna Bhattacharya

July 19, 2024 | 2:07 pm

SPWR

SunPower shares are trading lower after the company reportedly paused new product shipments.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:05 pm