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SpaceX launched a Crew Dragon spaceship to rescue NASA astronauts stranded at the ISS due to issues with Boeing's Starliner. The Crew Dragon, designed for four, carried only two astronauts back to Earth. Boeing's Starliner faced thruster malfunctions, leading NASA to opt for SpaceX's reliable alternative. SpaceX's Crew Dragon is part of NASA's Commercial Crew Program and has proven to be more cost-effective and reliable than Boeing's Starliner.

Portfolio Pulse from Navdeep Yadav

September 29, 2024 | 3:47 am

KBH

KB Home (NYSE:KBH) is reducing home prices in key cities in Florida and Texas due to changing market conditions. Despite price cuts, the company reported strong Q3 financial results, with revenue and earnings beating estimates. The price reductions have led to a revival in sales, particularly in August and September.

Portfolio Pulse from Bibhu Pattnaik

September 28, 2024 | 6:05 pm

GOEV

KARS

NIO

RIVN

TSLA

The EV sector saw significant movements this week, with Tesla leading the charge due to strong sales in China and upcoming catalysts. Rivian faced a downgrade from Morgan Stanley, while Canoo expanded to the UK amidst internal challenges. Nio began deliveries of its new low-end EV, and GM announced a partnership for fast-charging batteries. The KraneShares Electric Vehicles and Future Mobility Index ETF saw a notable rise.

Portfolio Pulse from Shanthi Rexaline

September 28, 2024 | 2:35 pm

ELVN

Enliven Therapeutics reported positive Phase 1 trial results for ELVN-001 in treating chronic myeloid leukemia, showing a 44% cumulative MMR rate by 24 weeks. The drug was well-tolerated with no dose reductions, indicating potential as a best-in-class treatment.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2024 | 1:42 pm

EIS

ISRA

SPY

USO

Hezbollah's leader, Hassan Nasrallah, has been killed in an Israeli airstrike, marking a significant escalation in Israel's campaign against the Iran-backed group. This development could have geopolitical implications, potentially affecting markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2024 | 1:24 pm

AAPL

CRWD

NVO

TSLA

Benzinga highlights key stock stories, including Apple's projected revenue from iPhones, Shiba Inu's stablecoin update, Novo Nordisk's drug benefits, and Tesla's Robotaxi event skepticism. The Dow hit a record high amid inflation progress and a Fed rate cut.

Portfolio Pulse from Michael Cohen

September 28, 2024 | 12:42 pm

BTCUSD

PEPEUSD

Arthur Hayes, co-founder of BitMEX, predicts a 'volatility supercycle' due to central bank interventions. He suggests that crypto investments will benefit from monetary easing by major economies, including the Federal Reserve, EU, China, and Japan. Hayes emphasizes Bitcoin and crypto as potential 'release valves' for excess fiat currency.

Portfolio Pulse from Khyathi Dalal

September 28, 2024 | 11:56 am

MSFT

OpenAI plans to increase ChatGPT's price by 10% this year and more than double it over the next five years. Despite a revenue surge, OpenAI anticipates a $5 billion loss this year. The company is in talks for a $7 billion funding round, valuing it at $150 billion.

Portfolio Pulse from Rounak Jain

September 28, 2024 | 5:48 am

SONN

Trading for a company has been halted at 7:50:00 p.m. ET due to pending news. This could indicate significant upcoming announcements that may impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 11:50 pm

LXEH

Trading for LXEH was halted at 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 11:50 pm