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MS

Morgan Stanley, despite previous skepticism from its chairman James Gorman, is now actively recommending Bitcoin-related investments to its clients. The bank has authorized its advisors to suggest Bitcoin ETFs to wealthy clients, reflecting a significant shift in its stance on cryptocurrency.

Portfolio Pulse from Aniket Verma

October 16, 2024 | 9:33 am

INTC

The China Cybersecurity Association has recommended a cybersecurity review of Intel products sold in China. This move could impact Intel's operations and sales in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:25 am

STLA

Stellantis is planning to build the Ram 1500 truck in Saltillo, Mexico, as reported by The Wall Street Journal. This move could impact production costs and market dynamics for Stellantis.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:23 am

BA

RYAAY

Ryanair's CEO announced that the company will need to revise down its traffic figures for next year due to anticipated delays in Boeing aircraft deliveries.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:19 am

DJT

PHUN

Trump Media & Technology Group Corp (NASDAQ:DJT) saw a 2.85% pre-market rebound after a 10% drop, while Phunware Inc. (NASDAQ:PHUN) rose 11% following a 38% surge. The volatility was linked to Trump's interview at the Economic Club of Chicago. DJT's new Truth+ streaming service could impact future performance.

Portfolio Pulse from Pooja Rajkumari

October 16, 2024 | 9:09 am

JMIA

Jumia Technologies has announced the closure of its operations in South Africa and Tunisia, where it operated under the brand name Zando. This decision is part of the company's strategic focus on core markets.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:01 am

GGR

Gogoro is set to launch its battery swapping technology and Smartscooters in Singapore later this month, marking an expansion into a new market.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:01 am

AIQ

ASML

NVDA

ASML's lower-than-expected bookings and guidance cut led to a drop in AI-related stocks, but Gene Munster believes this is an overreaction. ASML's AI-related revenue is limited, and the weakness is due to other factors. Despite this, the AI trade remains strong, with significant growth expected in AI infrastructure spending.

Portfolio Pulse from Shanthi Rexaline

October 16, 2024 | 8:57 am

GOOG

GOOGL

Former President Donald Trump expressed concerns about Google's market power and alleged bias in search results but stopped short of endorsing a breakup of the company. He suggested regulatory approaches to ensure fairness instead. Trump's comments come amid ongoing criticism of major tech companies.

Portfolio Pulse from Kaustubh Bagalkote

October 16, 2024 | 8:24 am

SYNA

Synaptics has introduced the Veros Seamless Intelligent Connectivity brand, featuring high-performance systems on chip (SoCs) for Wi-Fi 6E, Bluetooth, and 802.15.4. This launch positions Synaptics to capitalize on the growing demand for advanced connectivity solutions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:06 am