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TSLA

Tesla's Cybertruck lead engineer Wes Morrill shared his recommendations for tires on the Cybertruck, emphasizing the efficiency of all-season tires and the superior performance of 3-peak rated tires in snow. Tesla plans to offer a 3-peak winter tire package soon. This update aims to address customer concerns about the Cybertruck's performance in winter conditions.

Portfolio Pulse from Anan Ashraf

August 19, 2024 | 10:47 am

ITRN

Ituran Location and Control (ITRN) added 38,000 subscribers in Q2, expanding its subscriber base to 2,329,000 by the end of June 2024.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:47 am

LGHL

Lion Group Holding Ltd. (NASDAQ: LGHL) announced plans to acquire a 60% equity stake in Agunua Technology for $4.8 million, using $2.88 million worth of ADS priced at $1.2 per ADS. This move aims to expand Lion Group's presence in the global carbon finance market.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:40 am

AMD

EL

MU

NVDA

PANW

QQQ

SPY

WMT

US stocks are set to start the week on a flat note with a focus on upcoming Fed speeches and the Democratic National Convention. The S&P 500 and Nasdaq Composite are on a seven-session winning streak. Chip stocks, including Micron Technology, Nvidia, and AMD, weakened in premarket trading. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed minor movements. Analysts suggest strong gains if the S&P 500 extends its winning streak to eight sessions. Estée Lauder and Palo Alto Networks are set to release quarterly results.

Portfolio Pulse from Shanthi Rexaline

August 19, 2024 | 10:38 am

LLAP

Terran Orbital's subsidiary, Tyvak, has been selected by the Space Development Agency to produce 10 satellites for the Tranche 2 Transport Layer Gamma contract. Terran Orbital will handle the design, construction, integration, testing, and delivery of these satellites using its Ambassador platform.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:34 am

AMD

AMD has announced a definitive agreement to acquire ZT Systems for $4.9 billion, with an additional potential earnout of up to $400 million. The acquisition is expected to be accretive on a non-GAAP basis by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:04 am

KBR

KBR has secured a cost-plus-fixed-fee contract from the US Navy for the continued development of space science instrument systems at the Naval Research Lab in Washington, D.C. The contract, under the SSIEP 3 program, will span five years and involve various engineering efforts.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:03 am

LQDA

Liquidia announced that the FDA has granted tentative approval for YUTREPIA (Treprostinil) Inhalation Powder to treat adults with Pulmonary Arterial Hypertension (PAH) and Pulmonary Hypertension associated with Interstitial Lung Disease (PH-ILD). The drug has met all regulatory standards but must wait for the expiration of regulatory exclusivity of a competing product before final approval.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 10:01 am

EQNR

GINX

KEAT

Equinor ASA (NYSE:EQNR) has shut down production at its Gullfaks C platform in the North Sea due to a well control incident. The company evacuated some workers as a precaution and reported that gas production at the Gullfaks field will be reduced by 6.6 million cubic meters per day. Equinor's shares are down 2.62% premarket. Investors can gain exposure to Equinor via SGI Enhanced Global Income ETF (NASDAQ:GINX) and Keating Active ETF (NASDAQ:KEAT).

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 9:50 am

PLTR

Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp linked the rise of former President Donald Trump to the actions of Silicon Valley, citing the detachment of tech moguls from the average American and their support for policies that exempt them from bearing the costs. Karp's comments come as Palantir's stock surged following strong Q2 earnings and a new partnership with Microsoft Corp to enhance data analytics and AI services for the U.S. Defense and Intelligence Community.

Portfolio Pulse from Benzinga Neuro

August 19, 2024 | 9:19 am