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MNSO

MINISO has opened its first Sanrio-themed flagship store in Sydney, Australia, marking its first flagship shop in the country. The store offers over 2,500 SKUs and spans 300 square meters, aiming to provide a unique shopping experience.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 7:27 am

BYDDF

BYDDY

GELYF

Chinese EV manufacturers, including BYD and Geely, are showcasing their products at the Frankfurt trade fair to counteract global trade barriers and expand their presence in international markets. Despite tariffs from the EU, US, and Canada, Chinese automakers are investing in overseas expansion and exploring new markets.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 7:22 am

LMT

Lockheed Martin and Tata Advanced Systems have entered a teaming agreement to enhance India's defense capabilities through the C-130J Super Hercules airlifter. This includes potential MRO facilities and expanded manufacturing in India, strengthening India-U.S. strategic ties.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 7:15 am

INFY

Infosys has partnered with Proximus Group to explore new business opportunities using AI-driven and CPaaS solutions. This collaboration aims to enhance digital transformation and customer engagement for both companies.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:36 am

MGNI

TF1 PUB has partnered with Magnite to enhance its programmatic advertising capabilities, aiming to drive digital growth. This collaboration is expected to leverage Magnite's technology to optimize advertising strategies.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:32 am

TSLA

Tesla's insurance registrations in China reached 16,200 last week, marking a 12.5% increase from the previous week and the third-highest this year. This surge suggests Tesla is on track for its best quarter ever in China, with registrations up 15% year-over-year and 25% quarter-over-quarter. Despite competition from domestic automakers, Tesla's Shanghai gigafactory is operating at full capacity, producing the Model 3 and Model Y for both domestic and international markets.

Portfolio Pulse from Anan Ashraf

September 10, 2024 | 6:28 am

AAPL

Apple's iPhone 16 launch in China has been met with disappointment due to the lack of AI features, amid rising competition from Huawei. Despite the criticism, analysts believe the absence of AI features may not significantly impact Apple's near-term sales, but stress the need for Apple to establish an AI ecosystem in China to stay competitive.

Portfolio Pulse from Ananya Gairola

September 10, 2024 | 6:26 am

AMD

INTC

NVDA

AMD is shifting its focus from gaming GPUs to AI chips, projecting $4.5 billion in sales for its MI300x AI chip in 2024. This move is part of AMD's strategy to compete with Nvidia in the AI sector. The company plans to release new AI chips annually, with significant growth expected in AI-related revenue.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 6:23 am

ASO

GME

NVDA

PLAY

RLAY

The Dow Jones surged over 1% on Monday, recovering from last week's losses. NVIDIA shares rose 3.5% after a significant drop last week, while Relay Therapeutics saw a 52% jump following positive interim data for its breast cancer treatment. The Fear & Greed Index remains in the 'Fear' zone, indicating cautious investor sentiment.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 6:12 am

AAPL

Apple is in talks with Micron and Tata Group to secure India-made chips for iPhones, aiming to shift 26% of global production to India by 2026. Apple's semiconductor demand is projected to reach $12 billion by then, with significant spending on Indian-made chips.

Portfolio Pulse from Ananthu C U

September 10, 2024 | 5:55 am