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EWU

The U.K. Services Purchasing Managers Index (PMI) for August was reported at 53.7, surpassing the estimated 53.3 and the previous month's 52.5. This indicates a stronger-than-expected expansion in the U.K. services sector.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:34 am

ATHM

Autohome's Board of Directors has approved a new share repurchase program to buy up to $200 million worth of shares over the next 12 months, starting September 4, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:32 am

NVDA

Nvidia is investing $137 million in Tokyo-based startup Sakana AI, becoming a major shareholder. This investment is part of Sakana AI's Series A funding round, which raised approximately 20 billion yen. Nvidia's involvement includes collaboration in AI research and development in Japan. Despite recent stock declines, Nvidia continues to focus on AI advancements.

Portfolio Pulse from Benzinga Neuro

September 04, 2024 | 8:41 am

NVDA

Nvidia's stock has dropped 14% over three sessions despite strong earnings, due to minimal guidance margin and concerns over AI accelerator delays. The stock also faced pressure from DOJ subpoenas over monopoly practices, leading to a historic $300 billion market cap loss in one day.

Portfolio Pulse from Shanthi Rexaline

September 04, 2024 | 8:21 am

NVDA

Nvidia, despite its leadership in AI, is not favored by over half of the ultra-wealthy Tiger 21 network members, with 57% choosing not to invest. Concerns about market recalibration and potential antitrust issues have led to a downturn in Nvidia's stock price.

Portfolio Pulse from Benzinga Neuro

September 04, 2024 | 8:16 am

VGK

The Eurozone Services Purchasing Managers Index (PMI) for August was reported at 52.9, slightly below the estimated 53.3 but above the prior month's 51.9. This indicates a moderate expansion in the services sector, though not as strong as anticipated.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:02 am

EWG

The Germany Services Purchasing Managers Index (PMI) for August was reported at 51.2, below the estimated 51.4 and the previous month's 52.5. This indicates a slower expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:01 am

EWQ

The France Services Purchasing Managers Index (PMI) for August remained steady at 55.0, matching estimates and showing an increase from the prior month's 50.1. This indicates an expansion in the French services sector.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:01 am

TSLA

Tesla has launched a $3,000 winter tire package for its Cybertruck, aimed at improving performance in cold conditions. This move comes as Tesla ramps up Cybertruck production and addresses past concerns about its performance in snow.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 8:00 am

NVDA

Gene Munster remains optimistic about AI's long-term impact despite Nvidia's market cap dropping by nearly $300B, affecting the Nasdaq. Nvidia's stock fell after exceeding earnings expectations and receiving a DOJ subpoena.

Portfolio Pulse from Ananya Gairola

September 04, 2024 | 7:57 am