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NIO

NIO Inc. shares are trading higher as the company prepares to announce its Q2 2024 financial results. The stock is also benefiting from China's opposition to EU tariffs on EVs and NIO's infrastructure expansion plans.

Portfolio Pulse from Nabaparna Bhattacharya

August 23, 2024 | 3:23 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The article discusses the potential impact of Powell's speech at Jackson Hole and Nvidia's upcoming earnings on the stock market. It highlights the current resistance zone in the S&P 500 and the influence of the Bank of Japan's interest rate decisions on carry trades. Positive money flows are noted in major tech stocks and ETFs, while investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

August 23, 2024 | 3:16 pm

META

Meta has decided to cancel its high-end mixed-reality headset project. This decision may impact Meta's strategy in the mixed-reality market and could influence investor sentiment regarding the company's future product offerings.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:16 pm

AEM

Investors have taken a predominantly bearish stance on Agnico Eagle Mines (NYSE:AEM) as observed through recent options trading activity. The sentiment is 72% bearish with significant options trades targeting a price range of $85 to $90. The stock is currently trading at $82.5, up by 1.26%, with an analyst price target of $94.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 3:15 pm

META

SPOT

Meta and Spotify CEOs criticize EU AI regulations, claiming they hinder innovation and the use of open-source AI. Meta plans to withhold its next AI model from the EU due to regulatory uncertainty, while Spotify emphasizes the potential of AI in streaming. Both companies have previously criticized Apple's App Store practices.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:10 pm

CRWD

MSFT

Microsoft is organizing a cybersecurity event in September to address changes following a CrowdStrike outage, as reported by Reuters citing CNBC.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 3:03 pm

F

Ford Motor Co (NYSE:F) is facing a bearish outlook as it experiences a Death Cross, with its stock falling 8.7% YTD and 19% in the past month. The company has delayed its electric F-150 to 2027 and scrapped its three-row electric SUV, raising concerns about its EV strategy. Technical indicators suggest a continued downtrend.

Portfolio Pulse from Surbhi Jain

August 23, 2024 | 3:01 pm

VOD

Vodafone and 1&1 have launched a national roaming partnership, allowing new 1&1 customers to access Vodafone's mobile network starting August 29, 2024. The final contract has been signed, setting the stage for collaboration.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 2:58 pm

SHOP

Recent options trading activity for Shopify (NYSE:SHOP) shows a bullish trend among significant investors, with 66% of trades having bullish expectations. The price target for Shopify is between $65.0 and $90.0. The stock is currently trading at $75.62, up by 1.78%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 2:31 pm

EQNR

GINX

KEAT

Equinor ASA shares rose after the company canceled its plans to invest in Vietnam's offshore wind sector due to regulatory delays. This decision marks the first time Equinor has closed an international office for offshore wind development. Equinor also recently shut down the Gullfaks C platform in the North Sea due to a well control incident. Despite these challenges, Equinor's second-quarter revenue exceeded expectations, although its EPS slightly missed. Investors can access Equinor through ETFs like SGI Enhanced Global Income ETF and Keating Active ETF.

Portfolio Pulse from Lekha Gupta

August 23, 2024 | 2:22 pm