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BTCUSD

DOGEUSD

ELONUSD

PEPEUSD

SHIBUSD

The altcoin market has been facing a decline since mid-July, leading to a drop in trader interest for popular memecoins such as Dogecoin (CRYPTO: DOGE), Dogelon Mars (CRYPTO: ELON), Pepe Coin (CRYPTO: PEPE), and Shiba Inu (CRYPTO: SHIB), according to on-chain analytics platform Santiment. DOGE is currently experiencing its lowest discussion rate since 2020, indicating a significant decrease in enthusiasm and engagement. Despite a temporary setback, PEPE managed to regain some traction and attention from traders.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 9:32 am

EGRNF

China Evergrande Group's shares have been suspended from trading in Hong Kong following reports that its chairman is under surveillance. This comes after the company reported a loss of 33 billion yuan ($4.15 billion) to shareholders for the six months ending in June. Evergrande also postponed a debt restructuring meeting with creditors due to underperforming sales and an investigation into its subsidiary Hengda Real Estate. The company's ongoing financial turmoil continues to impact China's property sector.

Portfolio Pulse from Benzinga Neuro

September 28, 2023 | 9:31 am

ACST

Vimal Kavuru, a 10% owner of Acasti Pharma, has reported the purchase of 1,099,103 shares at an average price of $1.19 per share in a Form 4 filing on Wednesday.

Portfolio Pulse from Charles Gross

September 28, 2023 | 9:22 am

DEO

Diageo's CEO has stated that the company is well-positioned to deliver its medium-term guidance for FY 23 to FY 25, with organic net sales growth consistently in the range of 5% to 7% and organic operating profit growth sustainably in the range of 6% to 9%.

Portfolio Pulse from Charles Gross

September 28, 2023 | 9:05 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) continues to dominate the American electric vehicle (EV) market, leaving competitors struggling to keep pace. In the first half of 2023, Tesla sold 325,291 EVs in the U.S., outpacing General Motors (NYSE:GM) and Ford Motor Co. (NYSE:F) who sold 34,943 and 26,849 EVs respectively. Despite Tesla's dominance, the EV industry faces challenges such as economic conditions, reluctance to electrify, and skepticism about range, self-driving capabilities, and charging infrastructure. Tesla's price cuts have also started a price war, potentially harming startups.

Portfolio Pulse from Shanthi Rexaline

September 28, 2023 | 8:21 am

ACN

JBL

JEF

NKE

Accenture, Micron Technology, Jabil Inc., Jefferies Financial Group, and NIKE are the stocks to watch heading into Thursday. Accenture and Jabil are expected to report their earnings before the opening bell, while NIKE is expected to report after the closing bell. Micron Technology posted upbeat Q4 results but expects a wider than expected loss for Q1. Jefferies Financial Group posted weaker-than-expected earnings for its Q3.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 8:08 am

PEV

SPI

SPI Energy Co., Ltd. (NASDAQ:SPI) has announced the sale of 12 million shares of its subsidiary, Phoenix Motor Inc. (NASDAQ:PEV), representing 56.36% of SPI's equity interest in Phoenix Motor. The transaction is valued at $12.24 million.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 7:50 am

DOGEUSD

PEPEUSD

SHIBUSD

Pepe Coin (PEPE) has outperformed other popular meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) in the past 24 hours and seven-day charts. PEPE experienced a 4% increase in value in the last 24 hours, while DOGE and SHIB saw marginal gains of 0.01% and 0.23% respectively. Over the past week, PEPE soared by 17%, while other top meme coins suffered losses. The exact reason behind PEPE's surge is unclear, but it could be due to a short squeeze, a temporary rebound, or other positive factors.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 7:40 am

HARP

Harpoon Therapeutics is set to present interim Phase 1 data for HPN217 at the IMS Annual Meeting. This could potentially influence the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 7:30 am

ACN

COST

JBL

NKE

US stocks closed mixed with the Dow Jones Industrial Average moving lower and the CNN Money Fear and Greed index moving to the 'Extreme Fear' zone. Investors are concerned about the Federal Reserve's commitment to keeping interest rates high. Costco Wholesale Corporation and Micron Technology, Inc. reported better-than-expected earnings for Q4. Investors are awaiting earnings results from Accenture plc, Jabil Inc., and NIKE, Inc.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 7:15 am