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STI

Solidion Technology has announced that its silicon-rich anode material has successfully passed a critical milestone test. This development is significant for the company as it could enhance the performance of lithium-ion batteries, potentially impacting the energy storage market.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 9:59 am

KEYS

REVB

WENA

Keysight Technologies shares surged 11% in pre-market trading after reporting better-than-expected Q3 results and providing positive Q4 guidance. Several other stocks also experienced significant pre-market movements, including Revelation Biosciences and Anew Medical, which saw substantial gains.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 9:47 am

WMT

Walmart plans to sell its stake in JD.com, causing JD.com's shares to drop over 7% in pre-market trading. Walmart aims to raise $3.74 billion from the sale, focusing on its own operations in China. Despite the sale, Walmart remains committed to a commercial relationship with JD.com.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 9:44 am

LVMHF

Bernard Arnault, CEO of LVMH, has invested over $300 million in AI startups through Aglaé Ventures, amid challenges faced by LVMH. These investments come as LVMH's shares declined after disappointing earnings, impacting Arnault's wealth.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 9:31 am

BYDDY

GELYF

TSLA

The European Union has reduced tariffs on Tesla's China-made electric vehicles to 9%, significantly lower than those for other Chinese automakers like SAIC, Geely, and BYD. This move could give Tesla a competitive advantage in the European market amid ongoing trade tensions.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 9:14 am

GOOG

GOOGL

Waymo, a self-driving technology company under Alphabet Inc., has doubled its weekly paid robotaxi rides to 100,000 in three months, expanding significantly in California. Despite challenges, Alphabet is investing $5 billion in Waymo, while Tesla is seen as a potential competitor.

Portfolio Pulse from Benzinga Neuro

August 21, 2024 | 8:08 am

NVDA

SOXX

SPY

Nvidia's stock has experienced volatility, with a prominent trader, Steve Grasso, selling his shares ahead of the company's upcoming earnings report. Nvidia's fiscal year 2025 Q2 earnings are expected to be a significant event, with analysts predicting strong results. The stock has been affected by potential delays in product launches and geopolitical concerns. Nvidia's stock has significantly outperformed the broader market and semiconductor ETFs this year.

Portfolio Pulse from Shanthi Rexaline

August 21, 2024 | 7:45 am

MHGVY

Mowi reported Q2 earnings of $0.32 per share, missing the $0.42 estimate, and sales of $1.44 billion, below the $1.62 billion estimate. Both figures represent declines from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:14 am

LOW

PANW

TGT

TJX

The S&P 500 and Nasdaq ended their eight-session winning streaks as investors await the Federal Reserve's Jackson Hole Symposium. Palo Alto Networks saw a 7% rise after strong earnings, while Lowe's reported good earnings but lowered its FY24 outlook. The Fear & Greed Index remains neutral.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 6:16 am

KEYS

LZB

TGT

TJX

U.S. stock futures are trading higher, with focus on several companies reporting earnings. TJX is expected to report earnings of 92 cents per share, while Keysight Technologies reported strong Q3 results and positive Q4 guidance. Target is expected to post earnings of $2.20 per share. La-Z-Boy reported better-than-expected Q1 sales but saw a decline in share price. Zoom Video is expected to report earnings of $1.21 per share.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 6:04 am