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LI

NIO

TSLA

XPEV

Tesla's stock is set to breach the $200 mark in premarket trading, driven by optimism around its upcoming Q2 deliveries report and a rebound in China sales. Positive sentiment is also fueled by strong June sales from domestic EV startups Nio, XPeng, and Li Auto.

Portfolio Pulse from Shanthi Rexaline

July 01, 2024 | 12:03 pm

BIOR

Biora Therapeutics announced positive clinical trial results for BT-600, a drug-device combination using the NaviCap™ platform to deliver tofacitinib directly to colonic tissue for ulcerative colitis treatment. The trial met all objectives, showing effective drug absorption in the colon. A virtual event with key opinion leaders is scheduled for July 17.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:01 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has been analyzed by 7 analysts in the last quarter, with ratings ranging from bullish to somewhat bullish. The average 12-month price target has increased to $194.29 from $188.00. Key analysts from firms like Goldman Sachs, B of A Securities, and Benchmark have maintained or raised their ratings and price targets. Despite a slight revenue decline, T-Mobile US shows strong financial health with high net margins, ROE, and ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 12:01 pm

FYBR

Analysts have provided mixed ratings for Frontier Communications (NASDAQ: FYBR) over the past three months, with all five analysts giving a 'Buy' rating. The average 12-month price target is $32.0, with a high of $39.00 and a low of $29.00. Despite a slight decrease in the average price target by 3.03%, the company has shown positive revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 12:00 pm

BMRA

Biomerica, Inc. (NASDAQ:BMRA) has enhanced its inFoods® IBS diagnostic test with a new at-home blood collection system, allowing patients to self-collect blood samples. This innovation aims to expand access to IBS diagnostics through telehealth and online medical providers, potentially increasing revenues by reaching a broader patient population.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:53 am

ZK

ZEEKR shares are trading higher after the company reported June deliveries of 20,106, up 89% year over year.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:17 am

XPEV

XPeng shares are trading higher after the company announced it delivered 10,668 smart EVs in June, up 24% year over year.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:16 am

LI

Li Auto shares are trading higher after the company delivered 47,774 vehicles in June, up 46.7% year over year.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:16 am

NIO

Nio shares are trading higher after the company reported June deliveries, which increased 98.1% year over year.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:14 am

SUGP

SU Group reported a first half revenue of $11.74 million, which is a 5.4% decrease year-over-year. The company also reported an EPS of $0.10 and a cash balance of $6.03 million.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:05 am