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NVDA

SERV

Serve Robotics Inc (NASDAQ:SERV) shares surged in after-hours trading following the release of its Q2 financial results. The company reported higher-than-expected revenue of $468,375 but a larger-than-expected EPS loss of 27 cents. Serve Robotics also saw significant year-over-year growth in daily supply hours and active robots. The company commenced manufacturing on a 2,000-robot fleet and expanded agreements with Magna and Ouster. Serve ended the quarter with $28.8 million in cash and plans to deploy 250 additional robots in Los Angeles by Q1 2025. NVIDIA Corp (NASDAQ:NVDA) holds a 10% stake in Serve Robotics.

Portfolio Pulse from Adam Eckert

August 13, 2024 | 9:15 pm

OKLO

Oklo expects its first Aurora Powerhouse to be operational by 2027 and remains on target to meet its FY24 operating loss estimate of $(40)M - $(50)M.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:54 pm

BA

MAIN

TLT

TPR

Public.com has launched a new Bond Account to make bond investing more accessible to retail investors, offering yields up to 9%. This move comes as retail interest in bonds grows due to economic uncertainty and potential Federal Reserve rate cuts. The account allows investments in a diversified portfolio of corporate bonds from companies like Boeing, Tapestry, and Main Street Capital, with a minimum investment of $1,000.

Portfolio Pulse from Piero Cingari

August 13, 2024 | 8:52 pm

DKNG

DraftKings shares are trading lower after Flutter CEO Peter Jackson announced that Flutter will not match the player surcharge in select states. This policy could encourage bettors to use Flutter instead of DraftKings, impacting market share among the two leading U.S. sportsbooks.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:51 pm

FOX

NWSA

NYT

TRI

Russia countered Ukraine's ground incursion into the Kursk region with missiles, drones, and airstrikes. Ukrainian forces had advanced into Russian territory, leading to a week-long battle. News organizations covering the war saw mixed stock movements.

Portfolio Pulse from Michael Juliano

August 13, 2024 | 8:43 pm

DKNG

FLUT

Flutter Entertainment, the parent company of FanDuel, reported better-than-expected profits. The company also announced that it will not match the surcharge recently implemented by DraftKings.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:41 pm

GOOG

GOOGL

The U.S. Justice Department is reportedly considering divesting Alphabet's Android operating system and Google's Chrome browser as part of a potential breakup, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:39 pm

NPCE

NeuroPace has raised its FY24 revenue guidance from $73M-$77M to $76M-$78M, surpassing the estimated $75.899M. The company expects revenue growth to be driven by increasing sales of its RNS System and higher sales of DIXI Medical stereo EEG products.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:31 pm

TLRY

A new study reveals that cannabis users may experience better outcomes after heart attacks compared to non-users, challenging previous beliefs about cannabis and heart health. The study analyzed data from over 9 million patients and found that cannabis users had lower odds of severe complications and in-hospital mortality. The findings are particularly relevant as cannabis gains social acceptance and legal status. The study also aligns with evidence from Tilray Brands, Inc. (NASDAQ:TLRY) on the therapeutic benefits of cannabis.

Portfolio Pulse from Patricio Liddle

August 13, 2024 | 8:29 pm

CC

The Chemours Company has opened a new Battery Innovation Center in Newark, Delaware, aimed at testing and scaling next-generation battery technologies for electric vehicles. This multi-million-dollar investment supports advancements in hybrid and electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:28 pm