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BLK

MSCI

BlackRock Inc (NYSE:BLK) and MSCI Inc (NYSE:MSCI) are under investigation by a U.S. Congressional committee for allegedly facilitating investments to Chinese companies accused of human rights violations or aiding China’s military. BlackRock, with over $9 trillion in managed assets, is scrutinized for investing over $429 million in controversial Chinese companies across five funds with the help of MSCI. The committee alleges that these actions escalate the national security threat and undermine American values.

Portfolio Pulse from AJ Fabino

August 04, 2023 | 9:25 am

ADMP

Adamis Pharmaceuticals' shares are trading higher after the stock was added to the Regulation SHO 'threshold security' list.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:14 am

SPY

The Dallas Federal Reserve has reported services revenues for July at 12.9, significantly higher than the estimated 5.6 and the prior figure of 3.6.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:13 am

SPY

The outlook for the Texas services sector for July is -4.2, which is better than the expected -12.5 and the prior -8.2.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:13 am

EPOW

Sunrise New Energy (NASDAQ:EPOW) announced that its project on Sodium-ion battery hard carbon anode material research and development has passed the review of the Guizhou Provincial Science and Technology Support Plan. The project aims to develop high-performance anode materials for Sodium-ion batteries, which are cheaper and more environmentally friendly than lithium-ion batteries.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:12 am

ADMP

Adamis Pharmaceuticals' shares have started trading on the REG SHO Threshold Security List.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:10 am

TSLA

Tesla Inc is seeking nearly $100 million from the U.S. government to construct nine charging stations for its electric semi-trucks along a route from southern Texas to northern California. Each station will be equipped with eight 750-kilowatt chargers specifically designed for Tesla Semi vehicles and four chargers compatible with trucks produced by other manufacturers.

Portfolio Pulse from Benzinga EV Insights

August 04, 2023 | 9:07 am

SPY

The JOLTs Job Openings for June came in at 9.582 million, slightly below the estimated 9.61 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 8:39 am

SPY

The ISM Manufacturing Employment index for July came in at 44.4, lower than the expected 48.0 and the prior month's 48.1.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 8:37 am

AMZN

GOOG

META

MSFT

NVDA

Nvidia Corp's stock is trading lower due to concerns over additional US semiconductor sanctions on China. Nvidia is directing its AI chips to small cloud providers competing with Amazon and Google. The company is also asking for customer names from these providers. Bernstein analysts estimate that increased AI-chip spending from Microsoft, Meta Platforms, Bytedance, and Google will allow Nvidia to meet its current quarter guidance. They predict Nvidia will generate $75-$90 billion in data-center AI revenue for 2024.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 8:21 am