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AIR

RCAT

The S&P 500 reached a new record high as investor sentiment improved, though the Fear & Greed Index remains in the 'Greed' zone. The S&P 500, Dow, and Nasdaq all posted weekly gains. Investors are anticipating earnings from AAR Corp. and Red Cat Holdings.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 7:53 am

AIR

AZO

KBH

SNOW

THO

AutoZone, AAR Corp, THOR Industries, Snowflake, and KB Home are stocks to watch as they report earnings or make significant announcements. AutoZone and THOR Industries are set to release earnings, AAR Corp exceeded expectations, Snowflake announced a $2 billion note placement, and KB Home will report earnings post-market.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 7:18 am

NVA

Nova Minerals Limited has raised $2.15 million through a secondary offering of 430,000 American Depository Shares (ADS) at $5 per ADS. The proceeds will be used for exploration and feasibility studies at the Estelle Gold Project in Alaska.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:12 am

BIVI

BioVie Inc. announced a secondary stock offering, raising $3 million by selling 1.96 million shares at $1.53 each. The funds will be used for working capital and general corporate purposes. The offering is expected to close on September 25, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:57 am

IVT

InvenTrust Properties Corp. raised $224 million through an upsized secondary stock offering of 8 million shares at $28 per share. The proceeds will be used for acquisitions, debt repayment, and working capital.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:54 am

TM

TSLA

Tesla's stock rose nearly 5% amid optimism about third-quarter deliveries, reaching $250. Fund manager Gary Black expressed skepticism about the upcoming Oct. 10 Robotaxi event as a catalyst, citing Tesla's full self-driving technology's current limitations. However, he is optimistic about a potential $25,000-$30,000 compact car launch, which could significantly boost Tesla's market share and stock price.

Portfolio Pulse from Shanthi Rexaline

September 24, 2024 | 6:25 am

TSLA

Tesla is working hard to deploy its full self-driving (FSD) technology on the Cybertruck, as indicated by senior executive Ashok Elluswamy. Despite previous delays, Tesla aims to enhance its FSD software to eventually allow autonomous driving without supervision.

Portfolio Pulse from Anan Ashraf

September 24, 2024 | 6:24 am

LVMHF

LVMUY

Bernard Arnault, CEO of LVMH, has seen his net worth drop by $54 billion due to a 16% decline in LVMH's stock price. This has moved him from the world's richest person to nearly fifth place. The luxury goods market's volatility and LVMH's challenges, including a mere 2% revenue increase and an 8% drop in income, have contributed to this decline.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 6:02 am

BTCUSD

GLD

Economist Peter Schiff criticizes the market's focus on Bitcoin over gold, despite gold reaching record highs. He argues that the rise in gold signals loose monetary policy and impending inflation. Schiff has a history of downplaying Bitcoin's value.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 5:27 am

TSLA

Elon Musk announced that Tesla's 'Actually Smart Summon' feature now allows vehicles to autonomously navigate complex parking lots to find their owners. This is part of Tesla's Full Self-Driving technology, which has been rebranded as 'Full Self-Driving (Supervised)'.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 4:58 am