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TSLA

Tesla Inc (NASDAQ:TSLA) has set up a new 24/7 supercharger with 16 stalls at Boca Chica Boulevard in Brownsville, Texas, near SpaceX's Starbase facility. This move aims to boost tourism at Starbase, where Elon Musk is ramping up efforts to attract visitors. The economic impact of tourism at Starbase is estimated to be over $99 million in 2025.

Portfolio Pulse from Anan Ashraf

June 21, 2024 | 9:37 am

FBTC

GBTC

IBIT

Bitcoin spot ETFs experienced net outflows for the fifth consecutive day, with a record $140 million in outflows on Thursday. BlackRock's iShares Bitcoin Trust (IBIT) was the only fund to see inflows, while Grayscale Bitcoin Trust (GBTC) and Fidelity's Bitcoin ETF (FBTC) saw significant outflows. The total outflows over the last five days reached $854 million.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 9:22 am

YRD

Yiren Digital Ltd (YRD) expects Q2 2024 revenue to be between RMB1.4 billion and RMB1.6 billion, surpassing the estimated $182.62 million. The company also anticipates a healthy net profit margin.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 9:19 am

YRD

Yiren Digital reported Q1 2024 EPS of $0.76, up from $0.70 year-over-year, and sales of $190.86 million, up from $143.62 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 9:16 am

AMZN

Amazon's original book business has generated $16.9 billion in sales in the first 10 months of 2022, with $9.5 billion from the U.S. alone. Despite the rise of e-books, print books continue to outperform on the platform. Amazon's stock has seen a 24.12% increase year-to-date.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 8:39 am

EWU

The U.K. Services Purchasing Managers Index (PMI) for the preliminary reading came in at 51.2, which is below the estimated 53.0 and the prior reading of 52.9. This indicates a slower growth in the U.K. services sector than expected.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:33 am

EWU

The U.K. Manufacturing Purchasing Managers Index (PMI) for the preliminary reading came in at 51.4, slightly above the estimated 51.3 and the prior reading of 51.2.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:33 am

VGK

The Eurozone Services Purchasing Managers Index (PMI) for June came in at 52.6, below the estimated 53.5 and the prior month's 53.2. This indicates a slower expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am

VGK

The HCOB Eurozone Composite Purchasing Managers Index (PMI) for June came in at 50.8, below the estimated 52.5 and the prior 52.2. This indicates a slowdown in economic activity within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am

VGK

The Eurozone Manufacturing Purchasing Managers Index (PMI) for June came in at 45.6, significantly below the estimated 48.0 and the prior month's 47.3. This indicates a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 8:04 am