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HUT

Hut 8 Corp. (NASDAQ:HUT) stock is trending as the company is set to release its Q2 2024 earnings on Tuesday. Analysts expect a loss of 2 cents per share and revenue of $47.97 million. The company recently announced operational updates, including an increase in hashrate, Bitcoin production, and new site developments. Additionally, Sean Glennan will become the new CFO effective August 21, 2024.

Portfolio Pulse from Dylan Berman

August 12, 2024 | 5:13 pm

EWJ

ZK

Chinese electric-vehicle maker Zeekr plans to introduce its luxury EVs to the Japanese market in 2025. The company aims to set up showrooms in Tokyo and Osaka this year to comply with Japanese safety standards. This move follows the entry of another Chinese EV maker, BYD, into the Japanese market.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:05 pm

DJT

Former President Donald Trump and Tesla CEO Elon Musk are set for a sit-down interview on X (formerly Twitter) on Monday night. Trump's return to X included a tweet of his mugshot and a campaign video, which gained significant traction. The interview is expected to help X break into the live-streaming industry, despite past technical issues. Shares of Trump Media & Technology Group (NASDAQ:DJT) traded lower following Trump's return to X.

Portfolio Pulse from Aaron Bry

August 12, 2024 | 4:59 pm

AMD

Advanced Micro Devices (AMD) shares are slightly up on Monday following the announcement of its $665 million acquisition of Silo AI, Europe's largest private AI lab. The acquisition aims to enhance AMD's AI capabilities and customer solutions. Despite the positive news, AMD's stock is trading below its 50-day moving average.

Portfolio Pulse from Dylan Berman

August 12, 2024 | 4:58 pm

CG

Carlyle Group is exploring a €3 billion sale of Dutch salt and chemicals producer Nobian. The sale process is expected to start next year. Nobian, co-owned by Carlyle and GIC, produces high-purity salt and specialty chemicals for various applications, including clean energy solutions. Carlyle has a history of investing in energy-intensive businesses and aims to decarbonize its portfolio companies.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:54 pm

ERJ

Embraer is set to secure an order from Virgin Australia for its E190-E2 jets, which could positively impact Embraer's stock price.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:50 pm

NVDA

SCHG

SMH

Nvidia Corp (NASDAQ:NVDA) stock is trading higher on Monday, driven by its strong position in the AI chip market and a recent valuation drop making it more appealing to long-term investors. The stock has been up 152% in the last 12 months despite a recent 15% decline. Nvidia's CUDA platform and 'full-stack computing' strategy have solidified its dominance, with an estimated 90% market share in the AI chip market. Investors can also gain exposure through VanEck Semiconductor ETF (NASDAQ:SMH) and Schwab U.S. Large-Cap Growth ETF (NYSE:SCHG).

Portfolio Pulse from Anusuya Lahiri

August 12, 2024 | 4:43 pm

TLS

Telos shares are trading after a decline last week due to soft guidance. The company also announced seven new locations today.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:42 pm

DIS

Disney's D23 Expo revealed several major updates, including the success of 'Deadpool & Wolverine' hitting $1 billion globally, new movie sequels, theme park expansions, and collaborations with 'Fortnite.' These announcements come as Disney's stock has been underperforming, down 12% over the last month.

Portfolio Pulse from Chris Katje

August 12, 2024 | 4:39 pm

F

FTXR

RDIV

VST

Ford Motor Company and TXU Energy have launched a new energy plan for Ford EV owners in Texas, offering free off-peak charging hours. This initiative aims to promote grid reliability and educate Texans on the benefits of electric vehicles. Ford shares are trading lower, while the program is expected to enhance grid stability and increase EV adoption.

Portfolio Pulse from Lekha Gupta

August 12, 2024 | 4:32 pm