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The Japan Tankan Large Non-Manufacturers Index for Q3 has come in at 27, beating the estimate of 24 and the prior figure of 23.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:56 am

BBJP

DXJ

EWJ

The Tankan Large Manufacturers Index in Japan for Q3 has come in at 9, beating the estimate of 6 and the prior figure of 5. This indicates a more positive outlook among large manufacturers in Japan.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:56 am

BBJP

DXJ

EWJ

The Japan Tankan Big Manufacturing Outlook Index for Q3 has come out at 10, beating the estimate of 5 and the prior figure of 9. This indicates a more positive outlook for large manufacturers in Japan than expected.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:55 am

BBJP

DXJ

EWJ

Japan's Tankan All Big Industry CAPEX for Q3 has been reported at 13.6%, matching the estimated figure and showing a slight increase from the previous quarter's 13.4%.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:54 am

TSLA

Tesla CEO Elon Musk disputed reports of his net worth rising by $8.6 million every hour, stating that he 'loses' more every time Tesla's stock drops. Musk owns more than 423 million shares of Tesla, representing a 13.4% stake in the company. Tesla shares closed at $250.22 per share on Friday, up 19,448% since listing. Musk is currently the richest person in the world with a net worth of $252.6 billion.

Portfolio Pulse from Anan Ashraf

October 02, 2023 | 4:25 am

BTCUSD

DOGEUSD

ETHUSD

FLOKIUSD

SHIBUSD

TSLA

Elon Musk, CEO of Tesla, tweeted 'Dogs rock', causing a surge in the value of Dogecoin, Shiba Inu, and Floki cryptocurrencies. The coins increased by 2.89%, 2.48%, and 5.12% respectively over a 24-hour period. Musk's tweet received over 3.2 million impressions in the last hour.

Portfolio Pulse from Mehab Qureshi

October 02, 2023 | 3:29 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant increase in value, with over $100 million liquidated due to a surprise surge in Bitcoin's price. This coincides with the start of 'Uptober', a term used to describe the typically bullish trend of cryptocurrencies during October. The potential approval of a spot Bitcoin ETF by the SEC has also raised optimism in the crypto market. The global crypto market capitalization stands at $1.05 trillion, a 0.80% increase in the last day.

Portfolio Pulse from Mehab Qureshi

October 02, 2023 | 2:44 am

GVH

LRHC

PMEC

Three companies, La Rosa Holdings Corp (LRHC), Globavend Holdings Limited (GVH), and Primech Holdings Ltd. (PMEC), are scheduled to go public this week. LRHC will offer 1,000,000 shares at $5.00 per share, GVH will offer 1,875,000 shares at $4.50 per share, and PMEC will offer 3,050,000 shares at $4.50 per share. All three companies have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

October 01, 2023 | 7:34 pm

NIO

NIO Inc. announced its September and third quarter 2023 delivery results, delivering 15,641 vehicles in September 2023, a 43.8% increase YoY. The deliveries consisted of 11,504 premium smart electric SUVs, and 4,137 premium smart electric sedans. In Q3 2023, NIO delivered 55,432 vehicles, a 75.4% YoY increase. Cumulative deliveries reached 399,549 as of September 30, 2023.

Portfolio Pulse from Charles Gross

October 01, 2023 | 1:55 pm

XPEV

XPeng Inc. (NYSE:XPEV) announced its vehicle delivery results for September and the third quarter of 2023. In September, XPENG recorded monthly deliveries of 15,310 Smart EVs, a 12% increase over the prior month and an 81% increase YoY. XPENG G6 deliveries reached 8,132 units in September, bringing cumulative G6 deliveries to 19,381 units. Total Smart EV deliveries for Q3 2023 reached 40,008 units, a QoQ increase of 72%.

Portfolio Pulse from Charles Gross

October 01, 2023 | 1:53 pm