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VFS

VinFast Auto Ltd. (NASDAQ:VFS) reported a Q2 loss per share of 33 cents, missing expectations of a 21-cent loss, and sales of $357.4 million, below the expected $460.09 million. Despite a 43% increase in EV deliveries, shares fell 3.79% due to challenging macro EV outlook and missed targets.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 2:14 pm

ZVRA

Zevra Therapeutics presented new data at the SSIEM 2024 Symposium showing that arimoclomol reduces disease progression in Niemann-Pick disease type C and is well tolerated. Additionally, OLPRUVA's pharmacokinetic modeling suggests higher drug exposure when taken fasting, potentially allowing for lower dosages.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:13 pm

FDX

Major indexes are trading lower due to recent strength and disappointing Q1 results and weak guidance from FedEx.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:11 pm

CAPNU

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 10:10:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:10 pm

ACB

Aurora Cannabis Inc. (NASDAQ:ACB) has appointed CEO Miguel Martin to the additional role of executive chairman, while Ron Funk becomes lead independent director. This leadership change aims to enhance decision-making and leadership consistency. Aurora is also innovating with a new U.S. patent for auto-flowering cannabis technology.

Portfolio Pulse from Jelena Martinovic

September 20, 2024 | 2:07 pm

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STLA

VWAGY

Volkswagen and other European automakers like BMW, Mercedes-Benz, Stellantis, and Renault are facing significant challenges, including underutilized factories and competition from Chinese EV makers like BYD. Volkswagen is considering plant closures, and Stellantis is halting production of its electric Fiat 500e due to declining demand. The European auto industry is struggling to compete with Chinese automakers, who are planning to establish factories in Europe to avoid tariffs.

Portfolio Pulse from Upwallstreet

September 20, 2024 | 2:06 pm

META

Meta Platforms' AI assistant is primarily used through WhatsApp, with Facebook being the second most popular platform. Instagram sees minimal usage of Meta AI. Among monthly users, Facebook slightly surpasses WhatsApp.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 2:03 pm

BLDR

In the past three months, 17 analysts have rated Builders FirstSource (NYSE:BLDR), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $197.53, slightly down from $199.41. Analysts have adjusted their ratings and price targets, reflecting changing market conditions. Builders FirstSource faces challenges with revenue growth, net margin, ROE, and ROA, but maintains a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 2:02 pm

VLO

Valero Energy (NYSE:VLO) has been evaluated by 11 analysts over the past three months, showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 3.85% to $161.27. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Valero Energy, a major independent refiner, faces challenges with a slight revenue decline but maintains strong financial metrics like net margin and ROE.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 2:01 pm

MELI

Eleven financial analysts have recently evaluated MercadoLibre (NASDAQ:MELI), with ratings ranging from bullish to somewhat bullish. The average 12-month price target has increased by 11.16% to $2330.45. Analysts have raised their ratings and price targets, reflecting positive sentiment towards MercadoLibre's financial performance, including strong revenue growth, net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 2:01 pm