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TSLA

Tesla and Ford saw a decline in new vehicle registrations in the EU in the first half of the year, while overall car registrations in the region increased. Japanese automakers Toyota and Nissan, along with European and Chinese competitors, experienced significant growth.

Portfolio Pulse from Anan Ashraf

July 18, 2024 | 9:57 am

TSLA

A Tesla bear, Mark Spiegel, argues that a Trump-Vance administration would be detrimental to Tesla due to potential elimination of EV mandates and tax credits, which could force Tesla to raise prices and reduce demand. Elon Musk's endorsement of Trump may also alienate Tesla's predominantly Democratic buyer base.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 9:50 am

DCO

Ducommun Incorporated (NYSE:DCO) has received an unsolicited acquisition offer from Albion River LLC to buy all outstanding shares for $65 per share in cash. The Board of Directors is reviewing the proposal.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:48 am

MTB

M&T Bank (NYSE:MTB) reported Q2 2024 adjusted earnings per share (EPS) of $3.79, surpassing the analyst consensus estimate of $3.50 by 8.29%.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:38 am

ALK

Alaska Air Group has reduced its FY24 EPS guidance by $0.25 at the midpoint, now expecting earnings between $3.50 and $4.50, compared to the previous estimate of $4.49.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:27 am

BTCUSD

USDTUSD

Stablecoin inflows have surged to all-time highs, with Tether (USDT) making up 70% of the total market cap. This trend is seen as a potential bullish signal for Bitcoin (BTC) and the broader cryptocurrency market.

Portfolio Pulse from Aniket Verma

July 18, 2024 | 9:14 am

TCRT

Alaunos Therapeutics announced a 1-for-10 reverse stock split, effective July 18.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:01 am

TSLA

Tesla executive Siddhant Awasthi announced that Foundation series Cyberbeast customers will soon receive an overhead light bar for their vehicles. This accessory is designed for off-road use and will be retrofitted. Tesla has also recently launched other Cybertruck accessories, including a tailgate shield and jumpseats. The company is ramping up production of the Cybertruck, aiming to deliver 250,000 units annually by 2025.

Portfolio Pulse from Anan Ashraf

July 18, 2024 | 8:39 am

LMT

TSM

China has suspended nuclear talks with the U.S. in response to continued U.S. arms sales to Taiwan. This decision follows China's sanctions on Lockheed Martin executives in June. The U.S. recently approved significant military financing for Taiwan, escalating tensions between the two nations.

Portfolio Pulse from Benzinga Neuro

July 18, 2024 | 8:31 am

ARKK

Cathie Wood, CEO of ARK Invest, warns of a potential deflationary cycle due to falling commodity prices and a flattening yield curve. She suggests that the economy is slipping into a recession and that significant easing by the Federal Reserve is needed. Wood's ARK Innovation ETF (NYSE: ARKK) is shifting its strategy to favor small-cap stocks over large-cap tech companies.

Portfolio Pulse from Benzinga Neuro

July 18, 2024 | 8:26 am