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KSS

Kohl's Corporation is expected to report lower year-over-year earnings for Q2, with EPS projected at $0.48 and revenue at $3.61 billion. Despite a 30% stock decline in 2024, the company declared a $0.50 dividend. Kohl's is focusing on new brands and back-to-school sales to boost performance.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 5:38 pm

AAPL

INTC

IREN

LRCX

MARA

MSFT

NVDA

SMCI

The article highlights unusual options activity in the Information Technology sector, focusing on call and put option sweeps for various companies. Notable mentions include NVDA, INTC, MARA, AAPL, SMCI, MU, MSFT, IREN, LRCX, and S, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 5:35 pm

LLY

Senator Bernie Sanders is urging Eli Lilly to reduce the costs of its weight loss drugs. This move could impact Eli Lilly's pricing strategy and market position in the pharmaceutical industry.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:32 pm

NDAQ

Nasdaq has filed with the SEC to list and trade Bitcoin Index Options, following NYSE's similar plans. This move aims to expand cryptocurrency offerings and reflects growing interest from traditional financial institutions in digital assets. Regulatory approval is pending.

Portfolio Pulse from Murtuza Merchant

August 27, 2024 | 5:31 pm

DOGEUSD

FLOKIUSD

PEPEUSD

SHIBUSD

Floki (CRYPTO: FLOKI) is gaining momentum with new partnerships and exchange listings, including a multi-year partnership with the University of Miami Athletics. This has led to increased optimism among traders, with Floki outperforming other meme coins like Dogecoin, Shiba Inu, and Pepe. The coin is also now listed on the European exchange Iconomix.

Portfolio Pulse from Khyathi Dalal

August 27, 2024 | 5:27 pm

Philip Morris International Inc (NYSE:PM) is investing $232 million to expand its Kentucky facility, adding 450 jobs and boosting production of ZYN nicotine pouches. This expansion aligns with PMI's mission for a smoke-free future and is expected to have a significant economic impact.

Portfolio Pulse from Nabaparna Bhattacharya

August 27, 2024 | 5:23 pm

AAPL

GOOGL

IDC forecasts a 5.8% growth in the global smartphone market in 2024, reaching 1.23 billion units, with stronger Android sales. The first quarter of 2024 is expected to see a 12% growth, followed by a 9% growth in the last quarter.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:18 pm

XPEV

XPeng Inc. (NYSE:XPEV) shares are rising due to the announcement of its mass-market brand, Mona, offering models under $17,000. The Mona M03 electric coupe will have a base price of $16,812 with a 515 km range. Deliveries for the advanced Max version are expected after Lunar New Year 2025.

Portfolio Pulse from Nabaparna Bhattacharya

August 27, 2024 | 5:13 pm

CCL

CRUZ

NBCC

Carnival Corporation (NYSE:CCL) announced new itineraries for 2026 and 2027, including exclusive destinations and new ships. The company also signed a deal for three LNG-powered ships. CCL shares rose 3.55% recently and 10% over the past year. Investors can access CCL via ETFs like CRUZ and NBCC.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 4:57 pm

UNG

Russia's Arctic LNG 2 project, led by Novatek PJSC, significantly increased its gas processing in July, reaching 28.7 million cubic meters, in preparation for liquefied-gas exports. This comes despite US sanctions imposed in November. The first exports from the facility occurred in early August.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:53 pm