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VFS

VinFast shares are trading lower following reports that the company is postponing its $4 billion factory in North Carolina.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:33 pm

AAPL

Bank of America Securities issued a note stating that AI will drive the shift from smartphones to 'IntelliPhones,' which they see as a significant upgrade event. They believe IntelliPhones will dominate edge AI due to their portability, features, and cost. BofA reiterates its Buy rating for Apple with a price target of $230.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:28 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 29th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key price levels and potential bullish and bearish targets for each asset, based on proprietary formulas considering price, volume, and options flow. Traders are advised to monitor these stocks closely for potential breakouts or reversals.

Portfolio Pulse from RIPS

May 29, 2024 | 2:26 pm

GIS

General Mills executive announced that promotional levels have returned to pre-pandemic levels, as stated during the Bernstein Conference.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:24 pm

GIS

General Mills has reported facing challenges in China due to consumer pressure, as stated by an executive at the Bernstein Conference.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:22 pm

ETN

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares are trading lower today following the announcement of an expanded partnership with Eaton Corporation (NYSE:ETN). The deal will integrate Palantir’s Artificial Intelligence Platform (AIP) into Eaton’s operations, enhancing their ERP implementations and AI innovation journey. Despite the positive news, PLTR shares are down 1.47% to $20.74.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 2:18 pm

SYTA

Siyata Mobile Inc (NASDAQ:SYTA) shares are trading higher after the company announced an order from the City of Lancaster Public Utilities Department for its SD7 Push-to-Talk handsets and VK7 Vehicle Kits. The order is expected to provide cost savings and operational benefits for the department.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 2:11 pm

AMD

SSNLF

Samsung is under investigation after two workers at its Giheung chip plant were exposed to radiation. The South Korean Nuclear Safety and Security Commission is probing the incident, and the affected machine has been suspended. This comes amid potential labor unrest and Samsung's recent partnership with AMD.

Portfolio Pulse from Benzinga Neuro

May 29, 2024 | 1:56 pm

XOM

ExxonMobil has reported that approximately 20 workers are on strike at its petrochemical plant in Gravenchon, France. The strike is expected to last until Thursday, and it is currently too early to assess the impact on operations.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:56 pm

STLA

Stellantis CEO Carlos Tavares highlighted the significant burden electrification will place on suppliers and emphasized the need to cut costs in the race to electric mobility. He also mentioned that Stellantis would consider mergers and acquisitions if opportunities arise, but stressed the importance of maintaining operational fitness in the meantime.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:43 pm