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AAMC

ADXN

AMWD

ENSC

HAIN

VOXX

U.S. stocks mostly fell on Tuesday, with the Dow Jones down 0.16%. Hain Celestial Group reported better-than-expected earnings, while Addex Therapeutics shares surged 39% due to a collaboration milestone. Ensysce Biosciences shares rose 43% after receiving a grant, and VOXX International gained 70% after announcing strategic alternatives. Altisource Asset Management shares dropped 48% after announcing a delisting, and American Woodmark fell 10% due to poor financial results.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 4:04 pm

N2OFF

N2OFF shares are rising following the approval of its joint solar PV venture with Solterra Renewable Energy to connect to a German power grid.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:03 pm

AVGO

HACK

SOXQ

Broadcom Inc. (NASDAQ:AVGO) launched VMware Cloud Foundation 9, aiming to unify IT systems into a private cloud platform, enhancing security and reducing costs. The company also introduced VMware Tanzu Platform 10 and updated its Software-Defined Edge product portfolio. Broadcom's shares are slightly down.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 3:54 pm

USO

Egypt's Petroleum Ministry has announced new oil exploration activities in the Western Desert. This development could impact global oil supply dynamics.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:50 pm

GOOGL

Waymo, owned by Alphabet, is expanding its robotaxi service to offer 24/7 curbside pickups and dropoffs at Phoenix Sky Harbor International Airport terminals 3 and 4. This move enhances its competitive position against traditional taxi services and ride-hailing companies like Uber and Lyft.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:43 pm

BGLC

BioNexus Gene Lab Corp. (NASDAQ:BGLC) announced a successful co-investment by the Securities Commission of Malaysia into Ascension Innovation Sdn Bhd, under the Malaysia Co-Investment Fund. This investment aligns with BGLC's Environmental & Social Impact Scheme, supporting innovative healthcare solutions.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:43 pm

TSLA

Tesla shares are trading lower following Canada's announcement of a 100% EV tariff on China. This impacts Tesla as Model 3 and Model Y vehicles are exported from Shanghai to Canada.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:36 pm

DOW

IYM

LIN

XLB

Linde plc (NASDAQ:LIN) is investing over $2 billion in a clean hydrogen facility in Alberta, Canada, and has signed a long-term supply agreement with Dow Inc. (NYSE:DOW). The facility will be the largest in Canada and one of the largest globally, supporting Dow's net-zero emissions project. Linde's shares rose 0.60% following the announcement.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 3:32 pm

VGK

XPEV

Xpeng is planning to establish a manufacturing site in Europe to mitigate the impact of import tariffs. The company is in the early stages of site selection in the EU, focusing on areas with low labor risks. Additionally, Xpeng plans to set up a large-scale data center in Europe to support its intelligent driving features. Despite higher levies, Xpeng's global expansion plans remain unchanged, although profits from European countries may be reduced.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:23 pm

WMS

Advanced Drainage Systems (NYSE:WMS) has partnered with Geoplast to distribute the Aquabox stormwater management system in the U.S., expanding its product portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:17 pm