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UXIN

Uxin Ltd reported a 35.6% quarter-over-quarter increase in retail transaction volume for Q2 FY2024, reaching 2,287 units. This growth significantly exceeds the industry's 5% growth rate. The company's Changfeng superstore, a joint venture with the Hefei local government, also began trial operations.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:48 am

UXIN

Uxin (NASDAQ:UXIN) reported a significant decrease in sales for Q2, with revenues of $48.80 million, down 43.90% from $86.99 million in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:41 am

AORT

Sen. Tina Smith's spouse made a profit of up to $55K in nearly 3 weeks from trading shares of Artivion, Inc. (AORT), a medical device company. The stock was purchased on Nov. 10 and Nov. 16, before rallying 31.16% to $17.51 by the end of the monitored period. Artivion's stock has lost 40% over the last five years, but recent Q3 results showed improved revenue and earnings, contributing to the stock's rise. Smith's trades have drawn criticism, especially in light of her previous comments on corporate executive compensation.

Portfolio Pulse from Shanthi Rexaline

November 28, 2023 | 8:38 am

BTCUSD

ETHUSD

Ethereum (ETH) long positions faced over $12 million in liquidations, more than Bitcoin (BTC), which saw $10 million in longs liquidated. Data from Coinglass indicates a total of $117.28 million in liquidations across the market, with Binance and OKX being the most affected exchanges. A crypto analyst, FieryTrading, predicts that ETH could reach an all-time high of $4,800 if it breaks out from a bullish triangle pattern that has been forming since mid-2022.

Portfolio Pulse from Mehab Qureshi

November 28, 2023 | 8:34 am

CLCO

Cool Co (NYSE:CLCO) reported a significant increase in Q3 sales to $92.9M, up from $65.83M year-over-year (YoY). Net income also rose to $39.17M from $36.77M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 7:31 am

TSLA

Ross Gerber, a prominent Tesla investor, faced backlash from Elon Musk supporters after he announced his decision to switch from a Tesla Model Y to a Rivian vehicle in response to Musk's endorsement of an antisemitic claim. Despite the backlash and speculation about his stance, Gerber humorously denied being bearish on Tesla. His actions and comments are being closely watched as Tesla prepares to launch the Cybertruck.

Portfolio Pulse from Benzinga Neuro

November 28, 2023 | 7:25 am

AMZN

CRWD

HPE

INTU

NTAP

SHOP

U.S. stocks closed lower on Monday, with the S&P 500 and Dow Jones ending their four-week gaining streak. The CNN Money Fear and Greed index indicated a slight decline in market sentiment but remained in the 'Greed' zone. E-commerce stocks like Shopify and Amazon performed well on Cyber Monday, while health care and industrials sectors saw the biggest losses. Investors are looking forward to earnings reports from HPE, CRWD, NTAP, and INTU. The Fear & Greed Index, which measures market sentiment, stayed in 'Greed' at a reading of 65.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 7:24 am

ESGL

HPE

INTU

NTAP

Investors are watching Intuit, NetApp, Zscaler, ESGL Holdings, and Hewlett Packard Enterprise as they head into Tuesday. Intuit is expected to report earnings of $1.98 per share on $2.88 billion revenue. Zscaler reported strong Q1 results and issued positive FY24 guidance, also announcing new executive appointments. NetApp is anticipated to post earnings of $1.39 per share on $1.53 billion revenue. ESGL Holdings announced a significant contract renewal, causing its shares to surge in after-hours trading. Hewlett Packard Enterprise is expected to report earnings of 50 cents per share on $7.35 billion revenue.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 7:24 am

THAR

Tharimmune has announced the pricing of its public offering at $1 per share, aiming to raise $10 million through the sale of 10 million common shares. The offering includes an option for underwriters to purchase up to an additional 1.5 million shares or Pre-Funded Warrants to cover over-allotments. The proceeds will be before underwriting discounts and offering expenses.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 7:04 am

SVRE

SaverOne has announced the withdrawal of its proposed public offering, citing current market conditions as the reason for this decision. The company had previously planned to raise capital through a public offering but has now decided against it due to unfavorable market conditions.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:38 am