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BYDDY

TSLA

BYD, a Chinese electric vehicle manufacturer and Tesla rival, plans to establish its first South Asian assembly plant in Pakistan after being rejected by India. The plant, expected to be operational by 2026, is a collaboration with Pakistan's Hub Power. BYD aims to sell 100,000 electric cars annually in Pakistan by 2030, as part of its broader international expansion strategy.

Portfolio Pulse from Benzinga Neuro

September 23, 2024 | 3:22 am

SSNLF

TSM

TSMC and Samsung are exploring the construction of $100 billion chip megafactories in the UAE, driven by the AI boom and global expansion plans. These projects face technical and logistical challenges, including political concerns about AI chip shipments to China. The UAE aims to boost its domestic tech industry with these developments.

Portfolio Pulse from Benzinga Neuro

September 23, 2024 | 3:04 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin and Ethereum saw gains after Kamala Harris mentioned cryptocurrencies, with Bitcoin nearing $64,000. Analysts suggest a potential bullish trend if Bitcoin surpasses this resistance level. Meanwhile, Dogecoin slipped, and the global crypto market cap increased slightly.

Portfolio Pulse from Aniket Verma

September 23, 2024 | 2:57 am

NVO

Senator Bernie Sanders criticized Novo Nordisk for the high price of its diabetes drug, Ozempic, in the U.S., highlighting that it can be sold for less than $100 but costs Americans nearly $1,000. Sanders attributes this to corporate greed and urges Novo Nordisk to lower prices.

Portfolio Pulse from Benzinga Neuro

September 23, 2024 | 2:19 am

BTCUSD

Kamala Harris, during a fundraiser at Wall Street, mentioned her support for innovative technologies like cryptocurrencies, marking a significant policy shift. This aligns her with other Democrats supporting digital innovation, potentially impacting the crypto market.

Portfolio Pulse from Aniket Verma

September 23, 2024 | 1:48 am

TSLA

Peter Schiff criticizes Trump's Mars landing promise, linking it to past economic issues. Elon Musk plans five SpaceX launches to Mars in two years, emphasizing private over government-led space exploration. Regulatory challenges for SpaceX are highlighted.

Portfolio Pulse from Benzinga Neuro

September 23, 2024 | 1:47 am

GOOG

GOOGL

MAR

NKE

Perplexity AI, backed by Jeff Bezos, is developing a new ad model to challenge Google's dominance in the digital ads industry. The startup is in talks with Nike and Marriott to launch a 'sponsored' question system by year-end, offering a cheaper alternative to Google's ad pricing.

Portfolio Pulse from Ananya Gairola

September 23, 2024 | 1:33 am

ASND

BHC

BLCO

EWTX

GDS

NUVL

POWL

Bausch & Lomb and Edgewise Therapeutics were among the top mid-cap stock gainers last week, driven by positive trial data and potential sales. The Federal Reserve's interest rate cut also boosted stocks in various sectors.

Portfolio Pulse from Lekha Gupta

September 22, 2024 | 9:34 pm

AAPL

BIDU

Apple's iPhone 16 launch shows strong demand, with Wedbush analyst Daniel Ives maintaining an Outperform rating and a $300 price target for Apple. The analyst predicts a robust upgrade cycle and significant sales in China, potentially driving Apple to a $4 trillion market cap by 2025.

Portfolio Pulse from Shanthi Rexaline

September 22, 2024 | 7:45 pm

SSNLF

TSM

Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung are in discussions to build megafactories in the Middle East. This move could potentially expand their production capabilities and influence in the semiconductor industry.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2024 | 7:41 pm