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KO

PEP

PepsiCo Inc. (NASDAQ:PEP) has formed a bullish Golden Cross pattern, indicating potential upward momentum. Despite lagging the S&P 500, PepsiCo's technical indicators suggest a possible rally. The stock offers a 3.04% dividend yield and stability, making it attractive to long-term investors.

Portfolio Pulse from Surbhi Jain

September 05, 2024 | 5:25 pm

ARGT

EWZ

STLA

Stellantis plans to launch two hybrid-flex vehicles in Brazil this year and announces a $385 million investment in its Argentinian complex in Cordoba.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:25 pm

AMGN

LLY

NVO

PFE

VKTX

Criminals are distributing fake versions of the weight-loss drug Ozempic, made by Novo Nordisk, by forging batch numbers. This has led to a decline in stock prices for major pharmaceutical companies involved in the weight-loss drug market.

Portfolio Pulse from Michael Juliano

September 05, 2024 | 5:17 pm

FXI

SPY

The U.S. has imposed new export restrictions targeting China's quantum computing and semiconductor sectors. These measures aim to curb China's technological advancements in these critical areas.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:10 pm

E

HAP

PWER

SHEL

Shell PLC and ENI S.p.A. have led a funding round for Mantel Capture, a start-up developing a cost-effective carbon capture technology using molten salts. The $30 million funding will help Mantel build a demonstration project. Shell is cautiously optimistic about the technology's potential.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 5:10 pm

TSN

Tyson Foods announced at an investor conference that the liquidation of U.S. cows has ceased. This development could impact the supply dynamics in the beef market.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:54 pm

TSLA

Tesla's Cybertruck, known for its futuristic design, is now being used as a pizza food truck by Fabio Antonio Arbelaez. The Cybertruck, which began deliveries in November 2023, can cook 120 pizzas per hour using its 240-volt outlet. This unique use case highlights the versatility of Tesla's first electric pickup truck.

Portfolio Pulse from Chris Katje

September 05, 2024 | 4:54 pm

ABBV

ATAI

COMP

JNJ

MNMD

PFE

The global psychedelic drugs market is expected to grow by $1.37 billion from 2024 to 2028, driven by mental health disorders and AI integration. Key players include AbbVie, ATAI Life Sciences, COMPASS Pathways, Johnson & Johnson, Pfizer, and Mind Medicine. Despite growth potential, regulatory challenges and ethical concerns remain.

Portfolio Pulse from Juan Spínelli

September 05, 2024 | 4:53 pm

PSCE

TALO

Talos Energy (NYSE:TALO) announced a significant oil and gas discovery in the Gulf of Mexico, but its shares are trading lower. The Ewing Bank 953 well has found commercial quantities of oil and gas, with production expected by mid-2026. Talos is also involved in the Sebastian prospect, with results expected by late 2024. Despite these developments, TALO stock has lost over 37% in the past year.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 4:50 pm