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AES

BLBD

CASY

MLSS

ORCL

Investors are watching several stocks as U.S. futures trade mixed. Oracle (ORCL) is expected to report earnings of $1.32 per share on $13.05 billion revenue. AES (AES) raised its dividend, resulting in a slight stock increase. Casey's General Stores (CASY) is anticipated to report earnings of $3.73 per share on $4.06 billion revenue. Milestone Scientific (MLSS) announced a public offering, causing its stock to dip. Blue Bird Corporation (BLBD) is expected to post earnings of 48 cents per share on $290.11 million revenue, with its stock also declining after hours.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 9:42 am

AAPL

Apple Inc. (AAPL) is preparing for the launch of its Vision Pro headset, expected in early 2024. The company is conducting training sessions for retail staff and shipping necessary equipment to stores. Select employees will receive intensive training in California, which they will relay to their colleagues. The focus is on the user experience and fitting of the device. Apple is also considering in-store pickups for online orders. This follows Apple's strategy to develop a more cost-effective version of the headset, with plans to release two out of four second-generation models, including a high-end version.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 9:11 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) is planning to expand its presence in Vietnam by deepening partnerships with top tech firms such as Viettel, FPT, Vingroup, and VNG. CEO Jensen Huang announced the expansion during his first visit to Hanoi, highlighting that Nvidia already has millions of clients in Vietnam. The company has invested $250 million in Vietnam, focusing on AI deployment in various industries. The Vietnamese government is incentivizing investments in the semiconductor and AI industries, and Nvidia's move is seen as a diversification strategy amid the U.S. chip ban affecting sales in China.

Portfolio Pulse from Shanthi Rexaline

December 11, 2023 | 9:02 am

BTCUSD

Bitcoin (BTC) experienced a sharp decline, dipping below $42,000, with a significant drop in social dominance and engagement according to LunarCrush data. Despite this, Bitcoin has seen over 150% growth since the year's start, partly due to expectations of SEC approval for Bitcoin ETFs and potential Federal Reserve interest rate adjustments. BTC was trading at $42,149, down 4.21% over the last 24 hours.

Portfolio Pulse from Mehab Qureshi

December 11, 2023 | 8:33 am

SPY

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has issued a warning about the potential collapse of the S&P 500, which could impact millions of 401ks and IRAs. He has a history of predicting financial crises, including the 2008 Financial Crisis and the fall of Lehman Brothers and Credit Suisse. Despite the S&P 500's recent gains, Kiyosaki suggests that a stock market crash could be imminent, which would be detrimental to public funds invested in ETFs like the SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Shanthi Rexaline

December 11, 2023 | 8:00 am

BLBD

CASY

LULU

ORCL

The CNN Money Fear and Greed index indicated an increase in market sentiment, remaining in the 'Greed' zone. U.S. stocks, including the S&P 500, closed higher following positive November jobs data. Lululemon Athletica Inc reported strong Q3 results, causing its shares to rise over 5%, while RH shares fell 14% after an unexpected Q3 loss. The Dow Jones, S&P 500, and Nasdaq Composite all closed higher on Friday. Investors are looking forward to earnings results from Oracle Corporation, Casey's General Stores, Inc., and Blue Bird Corporation.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 7:56 am

TWTR

Elon Musk announced that bookmarked content on X (formerly Twitter) will soon become searchable. This feature enhancement comes as X's CEO Linda Yaccarino reported a 30% increase in bookmark usage over three months. The platform, which Musk acquired for $44 billion, has seen its valuation drop to $19 billion amid ad revenue losses and controversies, including Musk sharing an antisemitic theory and a lawsuit from former Twitter security head Alan Rosa over an alleged unjust termination.

Portfolio Pulse from Ananya Gairola

December 11, 2023 | 7:54 am

BLUE

bluebird bio presented updated long-term data for its gene therapy beti-cel, showing sustained transfusion independence and improved iron management in beta-thalassemia patients. The data, which includes up to 9 years of follow-up, was shared at the ASH Annual Meeting. beti-cel, FDA approved and marketed as ZYNTEGLO in the U.S., continues to demonstrate a positive safety profile and potential as a curative therapy.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 7:43 am

INCY

SNDX

Incyte and Syndax Pharmaceuticals announced positive results from the AGAVE-201 trial of axatilimab for treating chronic GVHD, with a 74% response rate at the 0.3 mg/kg dose. The data were presented at the ASH Annual Meeting 2023. They plan to file a BLA for axatilimab by the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 7:22 am

ASX

ASE Technology Holding has reported a decrease in net revenue for November 2023, with a total of $1.69 billion, marking a 10.4% decline year-over-year. The ATM segment specifically saw net revenue of $852 million, which is a 16.9% decrease compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 7:22 am