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FLGC

Flora Growth Corp. (NASDAQ:FLGC) has launched its first THC-infused beverage, Melo, in collaboration with Peak. The company also provided an update on its investment in Hoshi International Inc., highlighting progress in facility construction and licensing in Portugal. Flora aims to expand its EU-GMP license and secure a long-term supply of medical cannabis.

Portfolio Pulse from Nina Zdinjak

October 24, 2024 | 1:36 pm

HOG

Harley-Davidson's CEO reported a challenging global market environment in Q3, affected by macroeconomic and political uncertainties, and high interest rates. The company observed higher spending from wealthier customers and is working to reduce dealer inventory levels, expecting a 20% reduction by the end of Q3.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:29 pm

DJD

DOGG

DOW

Dow Inc reported a 1% increase in Q3 sales to $10.88 billion, beating expectations. Adjusted EPS also surpassed forecasts. Despite flat local prices, volume grew by 1%. The company returned $584 million to shareholders and expects Q4 revenue of ~$10.70 billion. Dow shares rose 2% premarket.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 1:22 pm

HOG

Harley-Davidson reported a 26% drop in Q3 2024 sales, with high interest rates impacting motorcycle demand and margins. The company lowered its 2024 revenue and operating income margin outlooks. Despite beating EPS estimates, HOG stock fell 2.58% premarket.

Portfolio Pulse from Anusuya Lahiri

October 24, 2024 | 1:22 pm

QuantumScape Corp (NYSE:QS) shares surged after the company announced the production and shipment of its first b-sample cells, QSE-5, for customer testing. The cells boast high energy density and fast-charging capabilities. Despite a Q3 loss in line with estimates, the company maintains a strong cash runway and plans to refine its processes based on feedback.

Portfolio Pulse from Adam Eckert

October 24, 2024 | 1:22 pm

AAPL

DJT

LOT

MCD

NVDA

QQQ

TSLA

UPS

The article lists the top 10 trending stocks on WallStreetBets as of October 24, 2024, according to Swaggy Stocks. The stocks mentioned include TSLA, NVDA, BA, QQQ, DJT, LOT, MCD, UPS, AI, and AAPL.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:21 pm

SFWL

Shengfeng Development's CEO, Yongxu Liu, has purchased 500,000 Class A ordinary shares of the company at an average price of $1.289 per share. This move could indicate confidence in the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:21 pm

NDAQ

Nasdaq, Inc. reported a 22% increase in Q3 revenue to $1.15 billion, missing the $1.17 billion analyst estimate. Adjusted EPS beat expectations at 74 cents. Despite a 31% rise in Annualized Recurring Revenue, the stock price fell. Solutions revenue grew 26% to $872 million, with strong growth in Index and Financial Technology. Nasdaq updated its 2024 expense and tax rate guidance.

Portfolio Pulse from Anusuya Lahiri

October 24, 2024 | 1:20 pm

NXU

Nxu and Verde Bioresins have announced an all-stock merger to enhance shareholder value and sustainability. The new entity will be named 'Verde Bioresins, Corp.' and will trade on Nasdaq under the symbol 'VRDE'.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:18 pm

CYCC

Cyclacel Pharmaceuticals has been granted an extension by Nasdaq to regain compliance with the equity standard rule until December 24, 2024. This extension provides the company with additional time to meet the necessary requirements.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:17 pm