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VZ

Verizon is in advanced talks to acquire Frontier Communications, aiming to enhance its fiber network and compete with rivals like AT&T. The deal could be announced this week if negotiations proceed smoothly.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:33 pm

AXSM

Axsome Therapeutics' shares are reacting to the FDA's acknowledgment of a resubmission for AXS-07, a drug for treating migraines.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:32 pm

VWAGY

Volkswagen's CUPRA brand faces a crisis as the European Commission considers a 21.3% import tariff on its Chinese-manufactured electric SUV, the Tavascan. This could jeopardize CUPRA's financial future, EU carbon targets, and lead to job cuts in Spain.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 5:23 pm

MSFT

Microsoft's customers are hesitating to adopt its Office AI Assistant due to budget constraints and software bugs. This pause in adoption could impact Microsoft's revenue from this product.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:17 pm

FLOKIUSD

Floki Inu (FLOKI) has dropped 23% in the past week, presenting a buying opportunity due to its strong fundamentals and institutional backing. The token is gaining attention for its marketing campaigns and product adoption, including a trading bot and partnerships with entities like OG Esports.

Portfolio Pulse from Khyathi Dalal

September 04, 2024 | 5:16 pm

KO

NVDA

PEP

QQQ

SPY

Coca-Cola (KO) reached an all-time high, while Nvidia (NVDA) experienced a significant loss of $279 billion, marking its worst day ever. The article discusses portfolio strategies for high risk-adjusted returns, highlighting KO's smooth rise and NVDA's volatility. It also mentions the impact of macroeconomic factors like the ISM Manufacturing Index and carry trade concerns on the market.

Portfolio Pulse from The Arora Report

September 04, 2024 | 5:03 pm

CRWD

PANW

CrowdStrike is facing short-term challenges such as pipeline delays, deal scrutiny, and discounting pressure. Despite these issues, BofA Securities analyst Tal Liani maintains a Buy rating with a $365 price target, citing CrowdStrike's strong market position and growth potential. The company is addressing customer retention post-outage with various incentives, but the pricing environment is deteriorating, affecting near-term growth.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 4:49 pm

AMZN

Amazon's Alexa device mistakenly praised Kamala Harris while refusing to comment on Donald Trump. Amazon has addressed the issue, stating it was an error and has been fixed.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 4:41 pm

MULN

Mullen Automotive shares rose after announcing a $210 million contract with Volt Mobility for 3,000 electric vehicles. Revenue recognition starts in October 2024, with initial shipments already dispatched.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 4:40 pm

DBO

OILK

USO

Goldman Sachs suggests AI could lower oil prices by improving logistics and resource allocation, potentially reducing costs and increasing recoverable resources. This could lead to a $5/bbl fall in oil prices, impacting producers' incomes.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 4:35 pm