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BYDDY

TSLA

XPEV

Tesla Inc (NASDAQ:TSLA) has doubled its market share in China's EV market to 13.2% in August, with sales boosted by lowered prices and increased production at its Shanghai plant. Meanwhile, Chinese EV rivals BYD Company Limited (OTC:BYDDY) and Xpeng Inc (NYSE:XPEV) are expanding to Europe. BYD launched its Seal electric sedan for Europe at the IAA Mobility motor show in Munich, while Xpeng revealed its plans to expand into Germany next year.

Portfolio Pulse from Upwallstreet

September 11, 2023 | 2:57 pm

TAP

Molson Coors Beverage Company (NYSE:TAP) has expanded its partnership with ZOA Energy, an energy drink brand co-founded by Dwayne 'The Rock' Johnson. The financial details were not disclosed. With this investment, ZOA will enhance its media and marketing to drive sales and expand distribution to international markets. Molson Coors will continue to be ZOA's exclusive distribution partner and will have a presence on its board. ZOA reported over $100 million in sales in 2022 and 138% YoY growth. Molson Coors' shares are trading higher by 2.04% at $64.94.

Portfolio Pulse from Shivani Kumaresan

September 11, 2023 | 2:56 pm

FCX

Shares of Freeport-McMoRan are trading higher due to a rebound in copper prices.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 2:55 pm

SCCO

Southern Copper's shares are experiencing an increase due to a rebound in copper prices.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:54 pm

VALE

Vale's shares are trading higher due to a rebound in iron ore prices.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 2:54 pm

ACAX

APRN

BTM

GETY

VTGN

The article lists the top five short squeeze candidates for the week, including Getty Images Holdings, Alset Capital Acquisition Corp, Bitcoin Depot, VistaGen Therapeutics, and Blue Apron Holdings. It also mentions five other stocks to watch that are rising on the charts with significant short percentages or borrowing costs, including Jupiter Wellness, Genius Group Limited, Bullfrog AI Holdings, AirSculpt Technologies, and Vapotherm Inc.

Portfolio Pulse from Chris Katje

September 11, 2023 | 2:52 pm

AZN

BABA

NVS

QCOM

RTX

SFTBF

UBS

WELL

Several major companies have announced significant developments. Qualcomm has signed a chip supply agreement with Apple, potentially boosting its stock. Vietnam Airlines is nearing a $10 billion deal with Boeing to acquire 50 Boeing 737 Max jets. Welltower has raised its FY23 FFO outlook due to strong capital deployment and senior housing business. Novartis' Sandoz has entered a development and commercialization agreement with Samsung Bioepis. RTX Corp is facing a $3 billion pre-tax charge due to a Pratt & Whitney engine problem. AstraZeneca's CEO, Pascal Soriot, is rumored to be stepping down. Alibaba is undergoing a leadership shakeup in its cloud business. A potential United Auto Workers strike could cost the US economy billions. Apple and Google are facing an antitrust showdown. UBS is planning to cut wealth-management jobs in Asia. Arm Holdings is considering boosting its IPO price.

Portfolio Pulse from Vandana Singh

September 11, 2023 | 2:51 pm

BHP

BHP Group's shares are trading higher due to a rebound in iron ore prices.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 2:48 pm

RIO

Rio Tinto's shares are experiencing an upward trend due to a rebound in iron ore prices.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 2:48 pm

JLS

Nuveen Mortgage & Inc (NYSE:JLS) has announced a monthly dividend of 12.3 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 12.3 cents lower to reflect the payout. Shareholders owning JLS as of the end of Wednesday's session are eligible for the dividend, which will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:46 pm