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CCSO

MULN

VXF

Mullen Automotive (NASDAQ:MULN) has secured a purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, with a potential for 180 more units in 2025. This order is part of Mullen's European expansion strategy. Mullen's stock has lost over 99% in the last 12 months, and investors can gain exposure through ETFs like Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO) and Vanguard Extended Market ETF (NYSE:VXF).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:30 pm

SBUX

VTI

XLY

Starbucks is facing significant staffing issues and longer wait times, leading to customer frustration and a decline in sales. The company's labor algorithm and new policies have not fully addressed the problem, resulting in a 22% drop in stock price under the current CEO. Starbucks is implementing new measures to improve efficiency and customer experience.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:29 pm

BLK

GBTC

IBIT

MSTR

BlackRock's iShares Bitcoin Trust (IBIT) has become the largest Bitcoin fund globally, surpassing Grayscale Bitcoin Trust (GBTC) with nearly $20 billion in assets. The fund's success has contributed to Bitcoin's price surge and has outperformed MicroStrategy (MSTR) in Bitcoin holdings.

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:27 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) is experiencing a bullish trend driven by favorable news and technical indicators. The stock has formed a Golden Cross and is up 12.53% over the past month. Key events include expansion into Finland, increased tariffs on Chinese solar imports, and the launch of the IQ Battery 5P in Mexico.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 4:24 pm

ETHUSD

PYPL

SOLUSD

PayPal (NYSE:PYPL) has launched its PYUSD stablecoin on the Solana blockchain, known for its high transaction speed and low fees. Initially launched on Ethereum, PYUSD aims to expand its usage to retail payments and emerging markets. Despite regulatory scrutiny and technical challenges, PayPal remains confident in Solana's stability and plans to add PYUSD to more blockchains in the future.

Portfolio Pulse from Murtuza Merchant

May 29, 2024 | 4:24 pm

JNJ

Johnson & Johnson's pivotal Phase 3 study of Seltorexant shows significant improvement in depressive symptoms and sleep disturbances in patients with major depressive disorder (MDD) with insomnia. The study met all primary and secondary endpoints. Additionally, positive results for SPRAVATO® (esketamine) nasal spray were presented, showing rapid and sustained efficacy in treatment-resistant depression (TRD).

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:18 pm

CMCSA

DIS

HDV

NFLX

VOX

Verizon Communications Inc. (NYSE:VZ) has launched a new phone upgrade plan offering significant discounts on YouTube Premium and Peacock. The plan includes various perks such as 60GB of mobile hotspot, high-speed international roaming, and global calling. Verizon also allows bundling of streaming services like Netflix and Disney+ into cost-effective plans. The stock has gained over 12% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:17 pm

BHVN

Biohaven shares are trading lower following the company's announcement of updates to its pipeline and portfolio.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:15 pm

BOX

Box Inc (NYSE:BOX) reported better-than-expected sales and earnings for the fiscal first quarter, driven by strong performance from Box AI. Despite currency headwinds leading to lowered revenue and bookings guidance, analysts have mixed ratings with RBC Capital Markets maintaining an Underperform rating and Oppenheimer reiterating an Outperform rating.

Portfolio Pulse from Priya Nigam

May 29, 2024 | 4:12 pm

BHVN

REGN

Biohaven Ltd. (NYSE:BHVN) stock is down 18.9% following updates on its immunology and oncology programs, including new clinical trials and a partnership with Regeneron Pharmaceuticals (NASDAQ:REGN).

Portfolio Pulse from Dylan Berman

May 29, 2024 | 4:03 pm