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STLA

WWR

Westwater Resources has signed a binding off-take agreement with Fiat Chrysler Automobiles, part of Stellantis, to supply natural graphite anode material. This agreement, along with a previous one with SK ON, secures 100% of Westwater's Kellyton Phase 1 capacity. Westwater is now seeking debt financing to complete the construction of its Kellyton plant.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:03 am

F

TM

TSLA

Tesla and Ford saw a decline in new vehicle registrations in the EU in the first half of the year, while overall car registrations in the region increased. Japanese automakers Toyota and Nissan, along with European and Chinese competitors, experienced significant growth.

Portfolio Pulse from Anan Ashraf

July 18, 2024 | 9:57 am

F

FTXR

RDIV

Ford Motor Company (NYSE:F) launched the Ford Pro Smart Charging Bundle in California, offering free chargers to businesses using Ford Pro Charging software. This initiative aims to reduce costs and enhance operations for businesses. The all-electric E-Transit reduces maintenance costs and allows off-peak charging. Ford's smart charging software helps manage charging operations efficiently. The U.S. electric vehicle market is expected to hit 50% by 2030. Investors can gain exposure to Ford via First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) and Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV).

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 9:51 am

TSLA

A Tesla bear, Mark Spiegel, argues that a Trump-Vance administration would be detrimental to Tesla due to potential elimination of EV mandates and tax credits, which could force Tesla to raise prices and reduce demand. Elon Musk's endorsement of Trump may also alienate Tesla's predominantly Democratic buyer base.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 9:50 am

LILM

Saudia Group and Lilium have signed a binding sales agreement for 50 eVTOL jets, with options for 50 more. This agreement is the largest of its kind in the MENA region and marks a significant industry milestone. Saudia Private will manage operations, with the first jets expected in 2026.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:02 am

TSLA

Tesla executive Siddhant Awasthi announced that Foundation series Cyberbeast customers will soon receive an overhead light bar for their vehicles. This accessory is designed for off-road use and will be retrofitted. Tesla has also recently launched other Cybertruck accessories, including a tailgate shield and jumpseats. The company is ramping up production of the Cybertruck, aiming to deliver 250,000 units annually by 2025.

Portfolio Pulse from Anan Ashraf

July 18, 2024 | 8:39 am

TSM

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMC) reported strong Q2 results with revenue and earnings growth above estimates, driven by high demand for AI chips. The company provided an optimistic Q3 guidance and expects 2024 to be a strong growth year. However, the stock faced a decline due to geopolitical concerns.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 8:11 am

JNPR

Telxius partners with Juniper Networks to upgrade its network infrastructure to 400G using Juniper's Converged Optical Routing Architecture (CORA) and PTX Series Packet Transport Routers. This upgrade aims to enhance connectivity, simplify network operations, and improve power efficiency.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 7:33 am

GEHC

GE HealthCare (NASDAQ:GEHC) is set to acquire Intelligent Ultrasound Group's clinical AI software business for $51 million. This acquisition aims to enhance GE HealthCare's ultrasound portfolio with advanced AI-driven image analysis tools, improving workflows and ease-of-use for clinicians and patients.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 7:32 am

ABT

DHI

FIVE

NFLX

SYF

TSM

The Nasdaq Composite experienced its worst session since December 2022, driven by a decline in semiconductor stocks following remarks by Trump and potential restrictions by Biden. Taiwan Semiconductor Manufacturing Company (TSM) fell nearly 8%. Synchrony Financial (SYF) reported strong Q2 results, while Five Below (FIVE) shares dropped 25% due to a CEO transition and declining sales. Investors are awaiting earnings from D.R. Horton (DHI), Abbott Laboratories (ABT), and Netflix (NFLX).

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 7:27 am