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NIO

TSLA

NIO Inc. shares are trading higher as 40% of its store managers are former Tesla employees. NIO's Onvo is launching the L60, priced lower than Tesla's Model Y in China. NIO has also expanded its store count to 120.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 7:13 pm

ALGS

Aligos Therapeutics shares are trading lower following the announcement of results from its Phase 2a HERALD study.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:13 pm

NVO

VGK

Wegovy, a product by Novo Nordisk, has received a positive opinion from European regulators for a label update. This update reflects reduced heart failure symptoms and improved physical function in obesity-related HFpEF, based on STEP HFpEF trial results.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:12 pm

TSLA

Tesla has filed a patent for a wireless charging system, which may be showcased at its upcoming robotaxi event on October 10. The patent could indicate new technology for Tesla's autonomous vehicles, potentially enhancing safety and efficiency. Investors are closely watching Tesla ahead of the event, which was delayed for design changes.

Portfolio Pulse from Chris Katje

September 19, 2024 | 7:00 pm

DIS

Disney has secured a first-look deal with 'Spider-Man: No Way Home' director Jon Watts, allowing them first access to his projects. This collaboration could enhance Disney's film offerings across various genres.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 6:59 pm

HUBS

ZI

Piper Sandler analyst Brent Bracelin maintains an Overweight rating on HubSpot (HUBS) with a $570 price target, citing AI innovations and strong retention. Despite macroeconomic headwinds, HubSpot is expected to gain market share and improve customer spending growth. The company is expanding rapidly, with new AI products and a revised operating margin target. ZoomInfo (ZI) may face SMB churn.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 6:48 pm

HUT

Hut 8 Corp. (NASDAQ:HUT) shares rose after announcing an expanded partnership with BITMAIN to introduce a new liquid-cooled ASIC miner for Bitcoin mining. The agreement could significantly increase Hut 8's hash rate and computing capabilities.

Portfolio Pulse from Dylan Berman

September 19, 2024 | 6:43 pm

CME

COIN

HOOD

Piper Sandler analyst Patrick Moley raised Robinhood Markets' (NASDAQ:HOOD) price target from $23 to $27, citing retail trading and crypto expansion. The analyst believes Robinhood is well-positioned to benefit from potential U.S. crypto legislation. Robinhood's revenue growth and macroeconomic factors are key considerations for investors.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 6:42 pm

ADBE

AMZN

Amazon has announced a new AI-powered text-to-video product aimed at advertisers, potentially challenging Adobe's upcoming Firefly service. This move is part of the ongoing AI competition among tech giants.

Portfolio Pulse from Aaron Bry

September 19, 2024 | 6:40 pm

FDMT

4D Molecular Therapeutics (NASDAQ:FDMT) stock fell after releasing follow-up data from its Phase 1/2 PRISM clinical trial and 4FRONT Phase 3 study design for its vision loss drug candidate, 4D-150. Despite showing robust treatment burden reduction and a favorable safety profile, the stock dropped 18.80%.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 6:34 pm