Streetbeat News

Regulatory

BYDDY

GELYF

Chinese EV manufacturers, including BYD and Geely, are showcasing their vehicles at the Frankfurt Automechanika fair amid looming EU tariffs. These tariffs could impact their global expansion efforts as they face trade barriers in Europe and North America.

Portfolio Pulse from Nabaparna Bhattacharya

September 11, 2024 | 4:50 pm

SPY

VGK

The U.S. Secretary of State, Antony Blinken, announced over $700 million in support for Ukraine amidst its ongoing conflict with Russia. This includes $325 million for energy assistance, nearly $290 million for humanitarian aid, and over $102 million for demining efforts.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:43 pm

SPY

VGK

Ukraine's Foreign Minister has called on Western partners to remove all restrictions on the use of Western-supplied weapons. This appeal is part of Ukraine's ongoing efforts to strengthen its defense capabilities amid ongoing conflicts.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:38 pm

ADTN

ATUS

CABO

CMCSA

CXDO

FYBR

RCI

T

TDS

VZ

FCC Chair Rosenworcel is advocating for increased competition to SpaceX's Starlink satellite internet service. This move could impact various telecom companies as they may seek to enter or expand in the satellite internet market.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:44 pm

ARRY

CSIQ

FSLR

NXT

RUN

SEDG

SHLS

TAN

Solar stocks surged following Vice President Kamala Harris's strong debate performance against Donald Trump, signaling potential stability for clean energy policies. The Invesco Solar ETF (TAN) rose 3.7%, with top gainers including First Solar, Shoals Technologies, and Canadian Solar.

Portfolio Pulse from Piero Cingari

September 11, 2024 | 3:37 pm

EXAS

Exact Sciences shares rose as the company increased its 2024 adjusted EBITDA guidance and announced expected FDA approval for Cologuard Plus in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:30 pm

BTC-USD

The market summary highlights that the Consumer Price Index (CPI) figures were mostly in line with expectations. Traders are also assessing the impact of the Trump-Harris debate. Additionally, Bitcoin has experienced a decline.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:24 pm

EXAS

Exact Sciences anticipates FDA approval for Cologuard Plus in the second half of 2024. The new test offers a 30% lower false-positive rate and improved cancer sensitivity and specificity compared to the original Cologuard.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:19 pm

ITA

MISL

RTX

RTX Corporation has raised concerns about post-COVID supply chain issues, particularly in the aerospace sector, highlighting challenges in labor and geopolitical risks. The company's shares are trading lower as a result. Investors can gain exposure through ETFs like ITA and MISL.

Portfolio Pulse from Lekha Gupta

September 11, 2024 | 3:12 pm

ENPH

NOVA

RUN

SEDG

TAN

The U.S. residential solar market is expected to rebound as Kamala Harris' election odds improve, benefiting companies like Enphase, SolarEdge, and Sunrun. The Invesco Solar ETF (TAN) saw a pre-market gain, reflecting optimism in the sector. Tax incentives and stable utility pricing are driving growth, though Europe faces challenges.

Portfolio Pulse from Surbhi Jain

September 11, 2024 | 3:08 pm