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BZUN

EBON

HEI

HLGN

JOAN

HEICO Corporation, Ebang International Holdings Inc., Baozun Inc., Heliogen, Inc., and JOANN Inc. are stocks to watch heading into Monday. HEICO is expected to post quarterly earnings of 72 cents per share on revenue of $701.71 million. Ebang International posted a narrower loss in the first six months of 2023, while sales fell to $4.09 million. Baozun is expected to report a quarterly loss at 3 cents per share on revenue of $345.77 million. Heliogen reported a 1-for-35 reverse stock split. JOANN is projected to post a quarterly loss at $1.12 per share on revenue of $438.66 million.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 8:39 am

FSR

Fisker Inc. (NYSE:FSR) has expanded its market by launching its electric vehicles in Belgium, the Netherlands, and Switzerland. The company has already launched in several other European countries, as well as Canada and the United States, with deliveries underway in all regions.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 8:12 am

AFRM

BZUN

DOMO

HEI

JOAN

US stocks closed higher following Federal Reserve Chair Jerome Powell's remarks indicating readiness to raise interest rates. The CNN Money Fear and Greed index showed improved investor sentiment. Affirm Holdings (AFRM) shares jumped 29% after reporting better-than-expected Q4 results, while Domo (DOMO) shares fell 36% after issuing a below-consensus Q3 outlook. Investors are awaiting earnings results from HEICO Corporation (HEI), JOANN Inc. (JOAN), and Baozun Inc. (BZUN).

Portfolio Pulse from Lisa Levin

August 28, 2023 | 6:41 am

TSLA

Tesla CEO Elon Musk envisions the company having roughly ten million cars on the road in a few years, up from the current four million. The company's AI system is trained on videos of driving, and Musk believes this gives Tesla a significant advantage. He also noted that achieving 'superhuman' driving with AI requires billions of dollars per year of training computing and data storage, along with a vast number of driven miles. Tesla is targeting 1.8 million vehicle deliveries this year, up from 1.3 million in 2022.

Portfolio Pulse from Anan Ashraf

August 28, 2023 | 6:03 am

BTCUSD

DOGEUSD

Dogecoin co-creator Billy Markus, also known as Shibetoshi Nakamoto, humorously stated that the best time to invest in Bitcoin was in 2009 or 2010. Bitcoin, which was first introduced in 2009, had a value of zero at the time and didn't register a price until July 17, 2010, when it climbed to $0.09. Since then, Bitcoin has experienced significant growth and is now the world's most valuable and widely recognized digital currency.

Portfolio Pulse from Mehab Qureshi

August 28, 2023 | 5:34 am

BSX

Boston Scientific's FARAPULSE™ Pulsed Field Ablation System has reported positive 12-month results in the ADVENT clinical trial for atrial fibrillation treatment.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 5:33 am

AAPL

The future of Taiwan is largely dependent on the dynamics between the U.S. and China, according to George Yeo, former Foreign Minister of Singapore. The tensions between China and Taiwan have been escalating, with Chinese President Xi Jinping signaling China’s military readiness for a potential assault on Taiwan. This potential conflict could have significant global implications. Terry Gou, founder of Foxconn, a key supplier for Apple Inc., predicted a Wall Street crash in the event of a China-Taiwan war.

Portfolio Pulse from Navdeep Yadav

August 28, 2023 | 4:54 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) has been spotted testing its upcoming Cybertruck model with a wrap mimicking the design of Toyota Motor Corp.‘s (NYSE:TM) Tundra. This follows a similar incident in July where the Cybertruck was seen with a Ford, Inc. (NYSE:F) F-150 ICE vehicle wrap. Analysts are optimistic about the Cybertruck's impact on Tesla's sales volume.

Portfolio Pulse from Shanthi Rexaline

August 27, 2023 | 8:34 pm

IVP

MSS

SPPL

Three companies, Maison Solutions Inc (MSS), SIMPPLE LTD (SPPL), and Inspire Veterinary Partners, Inc. (IVP), are scheduled to go public this week. MSS will offer 3,750,000 shares at $4.00 each, SPPL will offer 1,625,000 shares at $5.75 each, and IVP will offer 1,600,000 shares at $5.00 each. All three companies have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

August 27, 2023 | 6:03 pm

AMZN

DIS

Walt Disney Co (NYSE:DIS) is facing investor scrutiny over its strategic decisions under interim CEO Bob Iger, as the company's stock hits a decade-low. Iger's measures include cost reductions, organizational revamp, and reinstating Disney's regular dividend. Despite these efforts, the stock has declined over 10% since the release of its Q3 earnings. Concerns include price increases for Disney+ and a drop in subscriber numbers. Speculations suggest a potential collaboration with Amazon (NASDAQ:AMZN) for ESPN's streaming venture could be causing a slight uptick in Disney's stock.

Portfolio Pulse from Bibhu Pattnaik

August 27, 2023 | 4:15 pm