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TM

Toyota's global vehicle sales dropped by 3.1% in August 2023, with significant declines in Japan and China. Despite a 1.9% sales increase in the U.S., production fell due to a recall. However, Toyota's electrified vehicle sales rose by 23%.

Portfolio Pulse from Anan Ashraf

September 27, 2024 | 10:12 am

BABA

JD

Alibaba and JD.Com shares rose in pre-market trading following China's central bank's announcement of economic stimulus measures, including reducing bank cash reserves and supporting the property market. This move aims to stabilize China's economy amid challenges like a property slump and trade tensions.

Portfolio Pulse from Pooja Rajkumari

September 27, 2024 | 9:35 am

SOLUSD

The memecoin 'Moo Deng', inspired by a viral baby hippo, has surged 700% since its launch, reaching a market cap of over $190 million. Based on Solana, it saw an 80% increase in 24 hours, highlighting the volatile yet profitable nature of memecoins.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 9:27 am

F

Ford CEO Jim Farley highlighted the need for improved EV charging infrastructure in the U.S. after a successful road trip in Europe. Despite Ford's commitment to decarbonization, the company is delaying some EV projects and expects significant losses in its EV segment.

Portfolio Pulse from Anan Ashraf

September 27, 2024 | 8:58 am

ACN

MITQ

MU

The S&P 500 reached a new record high amid positive economic reports and improved investor sentiment, as indicated by the CNN Money Fear and Greed index remaining in the 'Greed' zone. Micron Technology and Accenture reported better-than-expected earnings, boosting their stock prices.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 7:23 am

COST

NVNO

SCHL

TVTX

Costco reported strong earnings but missed sales expectations, causing a slight drop in share price. Scholastic exceeded earnings and sales estimates, leading to a share price increase. enVVeno Medical announced a public offering, resulting in a significant share price drop. Travere Therapeutics paused a study, causing a share price decline.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 7:17 am

CCL

Carnival Corporation (NYSE:CCL) is set to release its Q3 earnings on September 30, with expectations of $1.16 EPS and $7.83 billion in revenue. Recent analyst ratings show a positive outlook, with several analysts raising their price targets. Carnival's shares recently rose by 3.6%.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 7:11 am

KTTA

Pasithea Therapeutics Corp. (NASDAQ:KTTA) announced a $5 million private placement to fund next-gen cancer treatments. The offering includes 1.2 million shares at $4.10 each, with accompanying warrants. Proceeds will support working capital and corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 7:03 am

PROV

Provident Financial Holdings, Inc. has extended its stock buyback plan for another year, allowing the purchase of 99,968 shares. The repurchases will depend on market conditions and the company's capital requirements.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 7:00 am

TOVX

Theriva Biologics announced a $2.5 million public offering, pricing shares and warrants at $1.75 each. The company aims to address unmet cancer needs with this funding.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:55 am