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Revenues

HYMTF

Hyundai Motor America reported a 12% year-over-year increase in May 2024 sales and a 2% increase in year-to-date total sales. The company saw its best May sales for several models, including the IONIQ 5, IONIQ 6, Tucson HEV, Santa Fe HEV, Palisade, and Santa Cruz. Retail sales in May were up 9% year-over-year, with significant contributions from the Palisade, IONIQ 5, and Santa Fe HEV. Additionally, May EV sales surged by 42% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:54 am

DELL

GPS

HQY

LVRO

MDB

SAIC

Investor optimism has improved, with U.S. stocks recording gains for May. The Dow Jones had its best session of the year on Friday, despite losses last week. MongoDB, Inc. (MDB) fell 24% due to weak FY25 guidance, while Dell Technologies Inc. (DELL) dipped 18% despite positive earnings. The Gap, Inc. (GPS) surged over 28% after strong quarterly results. Investors are awaiting earnings from Science Applications International Corporation (SAIC), Lavoro Limited (LVRO), and HealthEquity, Inc. (HQY).

Portfolio Pulse from Avi Kapoor

June 03, 2024 | 7:52 am

BNBUSD

DOGEUSD

SOLUSD

TONUSD

Notcoin (NOT) and Toncoin (TON), cryptocurrencies linked to Telegram, saw significant gains with NOT becoming the fourth-most traded crypto. NOT's trading volume spiked 141% to $4.43 billion, surpassing Solana (SOL) and Dogecoin (DOGE). The surge is attributed to the success of a Telegram-based game and the growth of the TON ecosystem.

Portfolio Pulse from Aniket Verma

June 03, 2024 | 7:51 am

ZEEKR reported delivering 18,616 vehicles in May 2024, marking a 115% year-over-year increase. The cumulative deliveries reached 264,397 by the end of May 2024.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:49 am

WTW

WTW has launched Climate Quantified Technology, a SaaS tool designed to quantify the financial impact of climate change on companies with high precision. This tool assesses physical and transition risks, supply chain vulnerabilities, and regulatory changes, providing a comprehensive analysis to support strategic decision-making.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:36 am

MASI

Masimo (NASDAQ:MASI) announced a new telehealth initiative with Germans Trias i Pujol hospital in Barcelona, utilizing advanced wearable technologies for remote patient management. The project includes the deployment of Masimo W1 medical watches, Radius VSM monitors, and Patient SafetyNet systems.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:13 am

CMCL

Caledonia Mining Corporation Plc (NYSE: CMCL) will file a preliminary economic assessment (PEA) for the Bilboes sulphide gold project. The PEA includes significant changes, such as a modular construction of the Tailings Storage Facility (TSF) to reduce initial capital expenditure and improve economic returns. The company plans to upgrade the study to a feasibility level within the next 9 months.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 7:10 am

NVDA

SMCI

Supermicro is set to power advanced AI operations with a new liquid-cooled data center in Japan, featuring NVIDIA GPUs. The project involves collaboration with Datasection, KDDI, and Sharp. The data center will deploy rack scale plug-and-play liquid-cooled AI solutions with advanced NVIDIA GPUs, promoting green computing.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:37 am

BBJP

DXJ

EWJ

Japan's capital spending for Q1 increased by 6.8% year-over-year, falling short of the estimated 12.2% and significantly lower than the prior 16.4%.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:21 am

AAPL

AMZN