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MNDY

RANI

SLCA

SU

XP

Stocks to watch on Monday include monday.com Ltd. (MNDY), Rani Therapeutics Holdings, Inc. (RANI), Suncor Energy Inc. (SU), U.S. Silica Holdings, Inc. (SLCA), and XP Inc. (XP). MNDY is expected to post earnings of 14 cents per share on revenue of $169.20 million. RANI posted a loss of 37 cents per share. SU is expected to have earned 62 cents per share on revenue of $8.26 billion. SLCA named Jay Moreau as Executive Vice President and COO. XP is expected to report earnings of 43 cents per share on revenue of $721.05 million.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 8:09 am

AAPL

BBY

Apple Inc.'s MacBook Air, powered by the latest Apple M2 chip, is now available at a discount of $200 on Best Buy Co Inc. The deal includes a flat $150 discount and an additional discount of $50 for ‘my Best Buy' members. In addition to this, Best Buy is also bundling three Apple services for free. Buyers get a free Apple TV+ subscription for three months, Apple Music for up to four months, and iCloud+ for up to three months.

Portfolio Pulse from Rounak Jain

August 14, 2023 | 7:41 am

MNDY

SU

XP

Investor sentiment in the U.S. has declined, as indicated by the CNN Money Fear and Greed index. The Nasdaq Composite recorded its second straight losing week, while the Dow Jones gained over 100 points. U.S. producer prices increased by 0.3% in July, the biggest rise since January. Sectors on the S&P 500 mostly closed positively, with energy and health care stocks recording the biggest gains. Investors are awaiting earnings results from monday.com Ltd. (MNDY), Suncor Energy Inc. (SU), and XP Inc. (XP).

Portfolio Pulse from Lisa Levin

August 14, 2023 | 6:59 am

INDA

India's Wholesale Price Index (WPI) inflation for July was reported at -1.36%, better than the estimated -2.70% and the prior figure of -4.12%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 6:30 am

CLF

X

United States Steel Corp. (NYSE:X) has rejected a buyout offer from Cleveland-Cliffs Inc. (NYSE:CLF) but invited the latter to participate in a formal review process. Cleveland-Cliffs had offered to buy all outstanding shares of U.S. Steel for $35 per share, a 42% premium on the latter's trading price. However, U.S. Steel CEO David Burritt stated that the board could not agree to the proposal without conducting due diligence. KeyBanc Capital Markets analyst Philip Gibbs believes the deal is less likely to close without meaningful concessions.

Portfolio Pulse from Shanthi Rexaline

August 14, 2023 | 6:26 am

FFIE

Faraday Future Intelligent Electric (NASDAQ:FFIE) is preparing to deliver its first FF 91 2.0 Futurist Alliance. The company has completed all necessary processes prior to vehicle delivery. The first user to take delivery of the vehicle is from Private Collection Motors. The FF 91 2.0 Futurist Alliance was launched in May and is priced at $309,000. Deliveries were initially expected to start by the end of the second quarter but were delayed to August due to supplier’s timing constraints and additional safety testing.

Portfolio Pulse from Anan Ashraf

August 14, 2023 | 4:57 am

BTCUSD

DOGEUSD

Billy Markus, co-founder of Dogecoin, criticized Bitcoin maximalists for their marketing approach, referring to them as 'insecure losers'. Bitcoin maximalists are individuals who believe in the superiority of Bitcoin over other digital assets and advocate for its exclusive adoption. Dogecoin, created by Markus and Jackson Palmer, was intended to be a more accessible and user-friendly alternative to Bitcoin. At the time of writing, DOGE was trading at $0.074, down 2.24% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

August 14, 2023 | 4:38 am

AAPL

Ahead of the iPhone 15 release, Apple Inc. (NASDAQ:AAPL) iPhone 14 and 14 Pro users are reporting unexpected battery degradation, reminiscent of the 2017 'batterygate' controversy. Users have taken to social media to express concerns over rapidly diminishing battery capacities within a year of purchase. Tech experts suggest that the issue could be linked to glitchy software that demands more frequent charging. Apple's official guideline states that iPhone batteries should retain up to 80% of their original capacity after 500 complete charge cycles. The upcoming iPhone 15 series is expected to come with larger battery sizes.

Portfolio Pulse from Ananya Gairola

August 14, 2023 | 3:55 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a downward trend amid lackluster trading activity. Bitcoin has struggled to maintain a steady price above $30,000 in recent months. The global cryptocurrency market capitalization stands at $1.17 trillion, a 0.49% decrease in the last day. Analyst Michael Van De Poppe predicts upward momentum for Bitcoin in the near future, while another analyst suggests that the current phase of low volatility will lead to future expansion.

Portfolio Pulse from Mehab Qureshi

August 14, 2023 | 2:54 am

TSLA

Tesla Inc (NASDAQ:TSLA) has reduced prices for some Model Y versions in China by approximately $1,934. The company also announced a limited-time insurance subsidy for inventory Model 3 rear-wheel drive vehicles. This follows CEO Elon Musk's warning last month that the company may further cut prices on its vehicles.

Portfolio Pulse from Anan Ashraf

August 14, 2023 | 2:29 am