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BABA

BIDU

FXI

NIO

ODD

XPEV

U.S.-listed Chinese stocks are trading higher in the premarket following a report by Bloomberg that China is considering new stimulus measures to meet its annual growth target. Stocks mentioned include Alibaba (BABA), Baidu (BIDU), iShares China Large-Cap ETF (FXI), JD.com (JD), Li Auto (LI), NIO Inc. (NIO), Oddball Stocks (ODD), and XPeng Inc. (XPEV).

Portfolio Pulse from Charles Gross

October 10, 2023 | 9:21 am

FXI

China is reportedly considering issuing at least $137.1 billion in sovereign debt to meet its growth target, according to Bloomberg. This move could potentially stimulate the economy and impact related ETFs such as FXI.

Portfolio Pulse from Charles Gross

October 10, 2023 | 8:54 am

SPY

URA

VGK

Russia's Deputy Foreign Minister announced that the country is drafting a bill to revoke ratification of the treaty banning nuclear tests. Russia would only resume nuclear testing if the U.S. did the same.

Portfolio Pulse from Charles Gross

October 10, 2023 | 8:50 am

GOOG

GOOGL

Alphabet's autonomous driving technology unit, Waymo, has announced that its services will now be available 24/7 across San Francisco. This follows Waymo and General Motors' Cruise receiving permits for round-the-clock operation from the California Public Utilities Commission in August. However, Cruise has been directed by the California Department of Motor Vehicles to remove 50% of its operational autonomous vehicles from the roads following a collision with an emergency vehicle.

Portfolio Pulse from Anan Ashraf

October 10, 2023 | 7:14 am

RHHBY

RHHVF

Roche's Genentech has announced the topline results from its global Phase III BALATON and COMINO studies, which evaluated extended Vabysmo® treatment intervals for macular edema. The results of these studies could potentially impact the future use and sales of Vabysmo®.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:46 am

AMZN

Amazon.com Inc. (NASDAQ:AMZN) is reportedly seeking approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to introduce broadband-from-space services in India. If approved, Amazon would join key players such as Elon Musk's Starlink, Bharti Airtel-backed Oneweb, and Reliance Industries' Jio Satellite in the Indian satellite communications market. Amazon Web Services (AWS) India Private Limited announced a strategic partnership with ISRO and IN-SPACe last month to provide advanced cloud technologies to space startups, research institutions, and students.

Portfolio Pulse from Shomik Sen Bhattacharjee

October 10, 2023 | 6:39 am

BTCUSD

DOGEUSD

Billy Markus, co-creator of Dogecoin, criticized California's new law banning certain food additives, which was initially dubbed the 'Skittles ban'. Elon Musk also expressed his disbelief at the ban. The news comes amid concerns raised by Senator Elizabeth Warren about the role of cryptocurrencies, including Dogecoin and Bitcoin, in funding illicit activities such as the fentanyl trade.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 6:32 am

IFF

IFF has received regulatory approval from China for the use of 2′-Fucosyllactose Human Milk Oligosaccharide (2'-FL HMO). This approval could potentially open up a new market for IFF's product.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:23 am

AAPL

MSFT

The European Union (EU) is assessing whether Microsoft's Bing and Apple's iMessage should be subjected to new tech regulations under the Digital Markets Act. The EU has started seeking input from users and competitors. Microsoft and Apple have objected to the classification of Bing and iMessage as fundamental platform services under the DMA. The EU intends to conclude its inquiry within five months.

Portfolio Pulse from Ananya Gairola

October 10, 2023 | 5:43 am

EWA

Australia's Building Approvals (MoM) came in at 7%, matching estimates and showing a significant improvement from the previous -8.1%.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 5:08 am