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KBR

KBR has secured engineering contracts from Seatrium Group to develop topsides for two FPSO units for Petrobras in Brazil, enhancing production and sustainability.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:04 am

NIO

NIO's vehicle deliveries in Q2 2024 reached 57,373, marking a 143.9% year-over-year increase and a 90.9% increase from Q1 2024. This includes 32,562 SUVs and 24,811 sedans.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 9:36 am

AI

EAST

MODD

Modular Medical, Inc. (NASDAQ:MODD) shares surged 29.1% in pre-market trading following FDA clearance of its MODD1 insulin pump. Other notable pre-market movers include Eastside Distilling, Inc. (NASDAQ:EAST) with a 177.2% gain due to a merger announcement, and C3.ai, Inc. (NYSE:AI) which fell 18.7% after releasing first-quarter results.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 9:33 am

NVDA

VLVLY

Volvo Cars has expanded its partnership with Nvidia to enhance AI and autonomous driving capabilities. The new Volvo EX90 will feature Nvidia's DRIVE Orin system, and future models will use DRIVE Thor, significantly boosting performance. Volvo will also use Nvidia's DGX systems for AI model training.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 8:33 am

HOOD

Robinhood Markets Inc. has settled for $3.9 million with California's Department of Justice over past restrictions on cryptocurrency withdrawals. The settlement resolves issues related to historical practices and comes as Robinhood aims to expand its cryptocurrency offerings.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 8:08 am

ETH

PuffPaw, a vape-to-earn project, has raised $6 million to incentivize reduced nicotine consumption using blockchain technology. Users earn tokens by using vapes with lower nicotine levels, which can be used to purchase more products. The project is built on the Berachain blockchain, similar to Ethereum.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 7:57 am

ACN

UL

Unilever and Accenture have announced a multi-year partnership to enhance productivity using Accenture's GenWizard platform, which is powered by generative AI. This collaboration aims to accelerate Unilever's technology and digital product development.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:43 am

TSLA

Tesla plans to roll out its full self-driving (FSD) software in Europe and China by Q1 2025, pending regulatory approval. The company is focusing on FSD improvements in the U.S. and deploying it on the Cybertruck. CEO Elon Musk is optimistic about achieving vehicle autonomy.

Portfolio Pulse from Anan Ashraf

September 05, 2024 | 7:43 am

VLVCY

Volvo Cars has revised its plan to offer only electric vehicles by 2030, now aiming for a mix of battery electric and plug-in hybrid vehicles to account for 90-100% of sales. This change is due to waning EV demand and market conditions, but Volvo remains committed to full electrification long-term.

Portfolio Pulse from Anan Ashraf

September 05, 2024 | 7:33 am

BTCUSD

Anthony Scaramucci, CEO of SkyBridge Capital, predicts Bitcoin could reach $150K-$200K as the number of Bitcoin wallets approaches one billion. He attributes current growth delays to regulatory hurdles but remains optimistic about Bitcoin's future.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 7:11 am