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Nvidia Corporation (NASDAQ:NVDA) has seen a 149% stock increase this year, significantly outperforming the S&P 500's 14.5% rise. Investors are flocking to Nvidia due to its strong performance in AI technology, while other sectors in the S&P 500 have declined. The Magnificent Seven, including Nvidia, have driven 60% of the index's total return this year. Analysts are divided on Nvidia's future, with some predicting continued growth and others warning of a potential bubble.

Portfolio Pulse from Benzinga Neuro

July 01, 2024 | 10:23 am

MASI

Masimo Corporation's COO, Bilal Muhsin, has threatened to resign if CEO Joe Kiani is removed. Muhsin's resignation is conditional and stems from his disagreement with accusations made by Politan. This situation could lead to significant leadership changes at Masimo.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:19 am

CCL

TSLA

SpaceX's Starlink is enhancing connectivity for Antarctic research ships and Carnival Corp's cruise fleet. Starlink has been praised for its high-speed internet capabilities, allowing researchers and crew members to stay connected with their families and manage business affairs. Carnival Corp completed the rollout of Starlink across its global fleet, improving onboard connectivity and operational systems.

Portfolio Pulse from Anan Ashraf

July 01, 2024 | 10:17 am

CHWY

Chewy shares are rising after 'Roaring Kitty' Keith Gill disclosed a 6.6% passive stake in a 13G filing.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:10 am

CHWY

Keith Gill has disclosed a 6.6% passive stake in Chewy Inc as of June 24, according to a 13G filing.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:05 am

MHUA

Meihua International Medical Technologies (NASDAQ: MHUA) has announced a share buyback program of up to $3 million. The company plans to cancel all repurchased shares.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:04 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has delayed the rollout of its new Full Self-Driving (FSD) software version due to issues with driving smoothness. CEO Elon Musk explained that the new version was overly trained on interventions rather than normal driving. The company is working on a next-gen AI model with a higher parameter count to improve the system.

Portfolio Pulse from Anan Ashraf

July 01, 2024 | 9:55 am

ZETA

Zeta Global (NYSE:ZETA) has launched the Zeta Economic Index (ZEI), an AI-driven tool to analyze and forecast the US economy using proprietary data and Generative AI technology.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:41 am

NIO

NIO Inc. (NYSE:NIO) reported a significant increase in vehicle deliveries for June 2024 and Q2 2024. The company delivered 21,209 vehicles in June, up 98.1% YoY, and 57,373 vehicles in Q2, up 143.9% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:31 am

NVDA

PLTR

Palantir co-founder Peter Thiel discussed the current state of AI, comparing it to the dot-com bubble, and highlighted Nvidia's dominance in AI profits. Palantir recently partnered with Voyager Space to enhance its defense segment using AI.

Portfolio Pulse from Ananya Gairola

July 01, 2024 | 9:30 am