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AMD

MSFT

NVDA

QQQ

SMCI

SPY

AMD's Zen 5 CPUs are expected to see a performance boost with Microsoft's upcoming Windows 11 update. AMD is also offering discounts on its Ryzen 9000 series due to underwhelming demand. Analysts have mixed opinions on AMD's acquisition plans and its competition with Nvidia. AMD's stock has risen 44% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 12:25 pm

QCOM

SQNS

Sequans Communications (NYSE:SQNS) shares surged after announcing a $200 million sale of its 4G IoT technology to Qualcomm (NASDAQ:QCOM). The deal includes certain employees, assets, and licenses, and is subject to French regulatory approval. Sequans will retain its 5G technology and expects increased product revenue in the coming years. Qualcomm aims to enhance its Industrial IoT portfolio with this acquisition.

Portfolio Pulse from Nabaparna Bhattacharya

August 23, 2024 | 12:21 pm

TDY

Teledyne Brown Engineering, a subsidiary of Teledyne Technologies (NYSE:TDY), has secured a $114 million contract from the U.S. Army Space and Missile Defense Command to enhance missile defense systems. The contract involves designing and launching ballistic target missiles and extends through March 2028.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:10 pm

AREB

American Rebel Holdings, Inc. (NASDAQ:AREB) has announced the full production of its American Rebel Light Beer to meet customer demand. The company is taking initial stocking orders from distributors in Tennessee and Connecticut, with reorders from Ohio and Kansas.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:09 pm

SYTA

Siyata Mobile's shares rose following the announcement of its expansion into the mining industry with an initial order for its SD7 handsets and accessories.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:01 pm

CGC

CWBHF

Wana Brands, a subsidiary of Canopy USA, is launching a new marketplace called Wanderous, offering a curated selection of hemp-derived products. Canopy Growth holds a non-controlling interest in Canopy USA. The marketplace will feature products from brands like Charlotte's Web and Martha Stewart CBD.

Portfolio Pulse from Nina Zdinjak

August 23, 2024 | 12:00 pm

TNXP

Tonix Pharmaceuticals is developing a vaccine candidate, TNX-801, in response to the WHO's declaration of MPOX as a public health emergency. The vaccine has shown promising results in non-human primate studies against the Clade 1 monkeypox virus.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:55 am

Ford's E-Transit van is significantly boosting the company's EV sales, with deliveries reaching 3,410 units in the recent quarter. Despite this success, Ford's EV segment is facing financial challenges, with an expected loss of $5 billion to $5.5 billion for the year. The company is adjusting its EV strategy, delaying some new models until 2026-2027.

Portfolio Pulse from Anan Ashraf

August 23, 2024 | 11:50 am

SHIBUSD

Shiba Inu's burn rate has surged by 1,198%, with significant coin burns and increased transaction activity on its Shibarium Network. The community celebrates these developments, and a trader predicts further upside potential for SHIB.

Portfolio Pulse from Khyathi Dalal

August 23, 2024 | 11:34 am

AMZN

BABA

MSFT

NVDA

PDD

Alibaba's stock rose on Friday after announcing changes to its Hong Kong listing, allowing mainland investors to trade. Despite a 4% revenue growth in Q1, Alibaba faces challenges from domestic competition and U.S. semiconductor embargoes. The stock has lost 7% over the past year, while competitors like PDD Holdings have gained significantly.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 11:34 am