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Revenues

BCLI

BrainStorm Cell Therapeutics Inc. (NASDAQ:BCLI) will present new biomarker data suggesting ALS patients may benefit from longer-term treatment with NurOwn at the 3rd Annual ALS Drug Development Summit in May 2024.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:01 am

FUFU

BitFuFu (NASDAQ:FUFU) reported a significant increase in its Q1 earnings and sales. The company's EPS rose to $0.23 from $0.02 YoY, a 1050% increase, while sales surged to $144.41 million from $57.97 million YoY, a 149.12% increase.

Portfolio Pulse from mahesh@benzinga.com

May 20, 2024 | 9:39 am

NIO

TSLA

XPEV

Chinese EV makers Nio Inc (NYSE:NIO) and Xpeng Inc (NYSE:XPEV) are taking over 200 days to pay their suppliers, more than twice the time taken by Tesla Inc (NASDAQ:TSLA). Nio took 295 days and Xpeng took 221 days as of the end of 2023. Both companies have been struggling with profitability, reporting significant net losses and declining profit margins. Nio's and Xpeng's shares have dropped significantly year-to-date.

Portfolio Pulse from Anan Ashraf

May 20, 2024 | 9:35 am

BIDU

TSLA

Fund manager Gary Black discusses the potential of Tesla's full self-driving (FSD) technology and the competition it may face from other automakers, including Baidu. He believes that fully autonomous vehicles are the future but doubts that Tesla will be the only player in the market. Baidu already has 500 robotaxis in service, with 50% capable of full autonomy. Tesla plans to unveil its robotaxi on August 8, with significant revenue expectations from this service.

Portfolio Pulse from Shanthi Rexaline

May 20, 2024 | 9:04 am

QFIN

Qifu Technology expects its Q2 2024 adjusted net income to be between RMB1.22 billion and RMB1.28 billion, reflecting a year-on-year growth of 6.4% to 11.6%. The company plans to maintain a prudent approach due to macro-economic uncertainties, focusing on profitability and efficiency.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:58 am

LI

Li Auto reported Q1 2024 deliveries of 80,400 vehicles, a 52.9% increase year-over-year. The company has expanded its retail and service network in China.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:42 am

LI

Li Auto expects Q2 2024 revenue to be between RMB29.9B and RMB31.4B, up 4.2%-9.4% YoY, and vehicle deliveries to be between 105K and 110K, up 21.3%-27.1% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:40 am

EH

EHang Holdings expects Q2 2024 revenue to be around RMB90 million, marking an 804% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:25 am

RERE

ATRenew expects Q2 2024 revenue to be between RMB3.67 billion and RMB3.77 billion, representing a year-over-year increase of 23.8% to 27.2%. This forecast reflects the company's current and preliminary views on market and operational conditions.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:23 am

EH

EHang Holdings (NASDAQ:EH) reported Q1 2024 adjusted EPADS of $(0.02), significantly beating the analyst estimate of $(0.09). The company also reported sales of $8.549 million, surpassing the $6.868 million estimate and marking a 164.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:21 am