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Stock Prices

TSLA

Tesla has extended its 5-year, 0% interest loan offer in China for certain Model 3 and Model Y variants until October 31. The company plans to produce a six-seat Model Y in China by late 2025 and has increased production plans. Tesla also began Cybertruck deliveries in Mexico.

Portfolio Pulse from Nabaparna Bhattacharya

September 27, 2024 | 2:38 pm

SPY

The PCE Price Index report for August showed lower-than-expected inflation, strengthening confidence in the Federal Reserve's potential interest rate cuts. The report indicates a 2.2% year-over-year increase, below the 2.3% estimate, and supports a possible 50-basis point rate cut in November. This news is seen as positive for the stock market, with the SPDR S&P 500 ETF Trust (SPY) experiencing a slight increase.

Portfolio Pulse from Chris Katje

September 27, 2024 | 2:38 pm

ICG

Intchains Group shares resumed trading after being halted due to a circuit breaker, experiencing a significant drop of 39%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:37 pm

COST

Costco reported strong Q4 results with robust sales growth and margin expansion, yet its stock slid as analysts had mixed reactions. Analysts raised price targets but maintained varied ratings, highlighting strong earnings and sales growth, but also noting concerns about inventory levels and digital lag.

Portfolio Pulse from Priya Nigam

September 27, 2024 | 2:35 pm

TM

Toyota shares are experiencing a decline following the company's report of decreased sales and production.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:34 pm

ICG

Intchains Group shares experienced significant volatility, with trading resuming only to be halted again due to a circuit breaker as the stock fell by 31%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:31 pm

LII

Lennox International (NYSE:LII) has significantly outperformed the market over the past 15 years, achieving an average annual return of 21.18%. A $100 investment in LII 15 years ago would be worth $1,819.23 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 2:30 pm

WDC

Western Digital (NASDAQ:WDC) has outperformed the market over the past 20 years with an average annual return of 10.59%, resulting in a $100 investment growing to $742.16. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 2:30 pm

VALE

Vale has resumed cargo transportation operations on the Estrada de Ferro Vitia A Minas railway line. The temporary interruption did not impact their production plan.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:30 pm

ICG

Intchains Group shares were halted due to a circuit breaker as the stock fell by 21%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:26 pm