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TSLA

Tesla's Cybertruck Lead Engineer confirmed that a recent off-roading video of the Cybertruck is not AI-generated. The video showcases the Cybertruck's off-roading capabilities in Moab, Utah, and highlights its features such as mirrors, no door handles, and different tire pressures for various surfaces. Tesla is also rolling out updates to enhance the Cybertruck's off-road performance.

Portfolio Pulse from Anan Ashraf

July 18, 2024 | 12:36 pm

TEVA

Teva Pharmaceutical Industries Ltd. announced positive topline results from its Phase 3 SPACE study evaluating AJOVY (fremanezumab) for preventing episodic migraine in children and adolescents. The study met its primary endpoint, showing significant efficacy over placebo with no new safety signals. Full data will be presented later in 2024.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:36 pm

OSTK

Overstock.com has reopened and management is optimistic about the accelerating revenue run-rate in the first 90 days. The company is expanding into new categories such as closeouts, liquidation, reverse logistics, and factory direct, in addition to its core legacy categories, to drive its growth plan.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:34 pm

AVAV

CEG

FWRD

GD

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He mentioned Constellation Energy Corporation (NASDAQ:CEG) is under heavy pressure due to a market rotation. AeroVironment, Inc. (NASDAQ:AVAV) reported strong earnings but issued weak guidance. General Dynamics Corporation (NYSE:GD) is considered a great and not expensive stock. Forward Air Corporation (NASDAQ:FWRD) has new executive appointments.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 12:34 pm

WKHS

Workhorse Group announced that McAbee Trucking has acquired an all-electric W4 CC box truck, marking the first electric vehicle in McAbee's fleet. This follows a successful demonstration period that showcased the reliability and efficiency of Workhorse's vehicle.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:34 pm

NBIX

Neurocrine Biosciences has launched INGREZZA SPRINKLE capsules, a new formulation of its existing drug INGREZZA, designed to make it easier for patients with swallowing difficulties to take their medication.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:33 pm

TAOP

Taoping shares are trading higher following the company's announcement of further expansion in its AI business with a new order for enhanced AI-powered Smart Terminals.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

SBEV

Splash Beverage Group's Chocolate SALT Tequila has received authorization from the Pennsylvania Liquor Control Board and will be available in nearly 600 stores across Pennsylvania starting in September.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

ALK

Alaska Airlines (NYSE: ALK) reported mixed Q2 2024 results with revenue growth of 2% YoY to $2.897 billion, missing the consensus of $2.945 billion. Adjusted EPS was $2.55, beating the consensus of $2.39 but down from $3.00 a year ago. The company provided cautious Q3 guidance with expected EPS of $1.40-$1.60 versus $2.05 consensus. ALK shares are trading lower by 1.80% premarket.

Portfolio Pulse from Akanksha Bakshi

July 18, 2024 | 12:32 pm

CDZI

Cadiz, Inc.'s subsidiary ATEC Water Systems has secured three new sales contracts for iron and manganese filtration systems, expected to add $1.5 million in revenue in 2024. The contracts will serve communities in Wisconsin, Nevada, and Washington.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm