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Revenues

NVDA

SPY

The Nasdaq reached all-time highs following strong earnings from NVIDIA and a drop in jobless claims. This positive economic data has boosted investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:55 pm

FSLR

JPM

META

Denmark's Orsted has secured a $680 million investment from JPMorgan for two U.S. solar and battery projects, including the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The investment is part of a broader trend spurred by the Inflation Reduction Act, which has extended tax credits and introduced new incentives for clean energy projects.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:52 pm

AAPL

GOOGL

VOX

XLC

Google, a subsidiary of Alphabet Inc., is accelerating its manufacturing plans in Tamil Nadu, India, to produce Pixel smartphones and drones. This move aligns with other tech giants like Apple and Samsung, which are diversifying production away from China. The initiative is a significant win for Tamil Nadu and aligns with India's economic strategies.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 2:48 pm

STLA

WKSP

Kia and Hyundai are defying the global EV slowdown with new models and increased sales. Kia launched its EV3 compact electric SUV, aiming for affordability and long-range performance. Hyundai and Kia saw significant EV sales growth in April. Worksport is collaborating with Hyundai on solar-powered accessories and expects substantial revenue growth in 2024.

Portfolio Pulse from Upwallstreet

May 23, 2024 | 2:47 pm

AMZN

Amazon announced that it will deorbit two prototype Kuiper satellites after successful broadband internet tests. This marks a significant milestone in Amazon's Project Kuiper, aimed at providing global broadband internet coverage.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:43 pm

BTCUSD

DOGEUSD

ETHUSD

GOOGL

NVDA

TSLA

The article covers a range of topics including the drop in Bitcoin, Ethereum, and Dogecoin due to inflation concerns, Ethereum's significant market cap gains, and the reactivation of dormant crypto wallets. It also discusses the potential approval of an Ethereum spot ETF, Nancy Pelosi's vote for a crypto bill, and various political and economic updates. Additionally, it highlights Nvidia's positive market impact, Tesla's hiring and production strategies, and Google's acquisition of HubSpot.

Portfolio Pulse from Akanksha Bakshi

May 23, 2024 | 2:33 pm

CMCSA

Comcast Corporation (NASDAQ:CMCSA) announced a $138 million investment to expand its fiber network in Utah, aiming to provide multi-gigabit speed internet across several counties. This expansion is part of Comcast's broader $500 million investment in Utah over the past three years and includes a commitment to digital opportunities through Project UP.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 2:31 pm

SPY

UNG

USO

The USA reported a natural gas storage build of 78 billion cubic feet, which is lower than the estimated build of 84 billion cubic feet but higher than the prior build of 70 billion cubic feet.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:31 pm

DIA

IWM

NVDA

QQQ

SMH

SOX

SPY

XLK

The S&P 500 and Nasdaq 100 indices hit new record highs, driven by Nvidia's (NASDAQ:NVDA) 9% surge to $1,034 per share following stellar earnings and guidance. Nvidia reported $26 billion in revenue, a 262% YoY increase, with AI-driven Data Center revenue up 427%. ETFs like SPY, QQQ, and XLK also saw gains, while DIA and IWM underperformed.

Portfolio Pulse from Piero Cingari

May 23, 2024 | 2:07 pm

RTX

Collins Aerospace, a business unit of RTX, has been awarded a multi-billion-dollar subcontract to design, develop, and deliver systems for the U.S. Air Force's Survivable Airborne Operations Center (SAOC) program.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:02 pm