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TSLA

Toyota Motor Corporation (NYSE:TM) has unveiled its next-generation BEV production line's preparation status, with plans for commercialization in 2027-28. The company is also developing a production line for next-generation batteries (bipolar lithium-ion batteries) to be commercialized in 2026-27. Toyota is focusing on carbon neutrality in manufacturing and believes it can compete with Tesla, Inc. (NASDAQ:TSLA) by merging advanced technology with lean production techniques.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2023 | 11:18 am

AAPL

Honor's CEO, George Zhao, has criticized Apple's iPhone 15 series for lacking innovation, particularly in its physical design. Zhao's disappointment stems from Apple's continued production of traditional bar phones, while Honor has been launching innovative foldable phones. Despite his critique, Zhao expects the iPhone 15 series to perform well in the market.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 11:16 am

ACB

Aurora Cannabis Inc. has confirmed its approval to transfer to the Nasdaq Capital Market. The company has also entered into an agreement to repurchase approximately $9.6 million principal amount of convertible notes.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 11:05 am

EVA

GRNT

The article discusses two energy stocks, Enviva Inc. (NYSE:EVA) and Granite Ridge Resources, Inc. (NYSE:GRNT), which are considered oversold with their RSI values below 30. Enviva posted weaker-than-expected Q2 results and its shares fell 5.8% to close at $6.47. Granite Ridge Resources priced its secondary public offering of 7.1 million shares at $5 per share and its shares rose 0.7% to close at $5.79.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 10:59 am

AZO

AutoZone's Q4 total company same store sales have risen by 4.5%, with domestic same store sales up by 1.7%.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:59 am

FXI

SPY

USO

US markets closed slightly higher on Monday, with energy and tech sectors leading the gains. Asian markets closed in red on Tuesday, with Japan's Nikkei 225, Australia's S&P/ASX 200, China's Shanghai Composite, and Shenzhen CSI 300 recording losses, while Hong Kong's Hang Seng rose. European markets traded higher, with the STOXX 600, France's CAC 40, and the U.K.'s FTSE 100 gaining, while Germany's DAX traded lower. Crude oil traded higher, while copper declined. US futures and gold were up, while the U.S. Dollar Index was down.

Portfolio Pulse from Akanksha Bakshi

September 19, 2023 | 10:47 am

ENPH

SMTC

UFI

Insiders at Enphase Energy, Semtech Corporation, and Unifi, Inc. have recently made notable purchases of their companies' stocks. Enphase Energy's director acquired 32,600 shares at an average price of $122.76, costing around $4 million. Semtech Corporation's director acquired 20,000 shares at an average price of $24.83, costing around $496,520. Unifi, Inc.'s director bought 7,800 shares at an average price of $7.01, costing around $54,690.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 10:47 am

CCL

CUK

FXI

NCLH

RCL

China's Transport Ministry has announced the full resumption of international cruise ship transport to and from ports in the country starting Tuesday.

Portfolio Pulse from Charles Gross

September 19, 2023 | 10:40 am

HUT

Hut 8 Mining Corp. (HUT) is progressing on its proposed all-stock merger with U.S. Data Mining Group, Inc. dba US Bitcoin Corp (USBTC). The combined company will be named Hut 8 Corp., a U.S.-domiciled entity, and is expected to be a large scale, publicly traded Bitcoin miner with diversified revenue streams and industry leading ESG practices.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:32 am

SXTP

60 Degrees Pharma has withdrawn its Covid Phase 2B Investigational New Drug, with plans to resubmit after assessing its ability to meet FDA requirements. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:30 am