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FXI

Chinese President Xi Jinping has stated that China will strive to achieve its annual development goals, according to Reuters. This could potentially impact the iShares China Large-Cap ETF (FXI).

Portfolio Pulse from Charles Gross

July 24, 2023 | 9:44 am

FXI

China's Politburo has stated that the country's economic recovery will be a difficult process, according to Reuters. This could potentially impact the iShares China Large-Cap ETF (FXI).

Portfolio Pulse from Charles Gross

July 24, 2023 | 9:31 am

NVDA

NVIDIA's GeForce RTX 4060 Ti 16 GB GPU is experiencing a price drop in Europe due to poor customer response. The GPU's lack of sales is attributed to its minor single-digit gains from its 8 GB variant, despite having double the VRAM. The card is only suitable for 1080p gaming and can perform adequately at 1440p only when using upscaling technologies like DLSS.

Portfolio Pulse from Benzinga Neuro

July 24, 2023 | 9:21 am

BLUA

Spinal Stabilization Technologies (SST), a medical device company, is set to list on an approved stock exchange through a merger with BlueRiver Acquisition Corp. (BLUA). The combined company will operate under the name Spinal Stabilization Technologies post-merger.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 9:12 am

RYAAY

Ryanair reported its Q1 FY24 results, following which its shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 9:10 am

EWU

The Global/CIPS UK Services Purchasing Managers Index (PMI) has dropped to 51.5, lower than the estimated 53.0 and the prior figure of 53.7.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:34 am

EWU

The S&P Global/CIPS UK Manufacturing Purchasing Managers Index has dropped to 45.0, lower than the estimated 46.1 and the prior figure of 46.5.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:33 am

EWU

The S&P Global/CIPS UK Composite Purchasing Managers' Index (PMI) has dropped to 50.7, lower than the estimated 52.4 and the prior 52.8. This indicates a slowdown in the UK's economic activity.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:33 am

VOD

Vodafone shares are trading higher following the company's Q1 FY24 trading update.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:15 am

ARKK

BABA

MELI

TCEHY

Ark Investment Management's flagship ETF, the Ark Innovation ETF (ARKK), has exited Chinese stocks including Alibaba (BABA) amid a crackdown on big tech companies in China. The fund has shifted its focus towards diversification, considering new IPOs and reevaluating previously dropped names. Cathie Wood, the fund manager, expressed disappointment in China’s economic growth and predicted worsening conditions as more companies diversify their supply chains.

Portfolio Pulse from Shanthi Rexaline

July 24, 2023 | 8:12 am