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NIU

Niu Technologies reported a 21% year-over-year increase in unit sales for Q2 2024, with significant growth in both China (+16.2%) and international markets (+45.4%). The company sold a total of 256,162 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters, and e-bikes.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

META

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg recreated his 2021 Fourth of July video, this time with more flair, featuring a tuxedo, a chain necklace, and Meta Ray-Bans while surfing. The video was shared on Facebook and Instagram, and included Bruce Springsteen’s “Born in the USA” as the soundtrack. Zuckerberg also hinted at a new look and discussed his recovery from an ACL tear.

Portfolio Pulse from Ananya Gairola

July 05, 2024 | 3:00 pm

PBM

Psyence Biomedical received a notification from Nasdaq regarding non-compliance with the minimum bid price rule. This could lead to potential delisting if the issue is not resolved.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

CM

NVDA

CIBC announced a 4-for-1 split of its Nvidia Canadian Depositary Receipts (CAD Hedged) effective July 10, 2024. The split will not impact the economic value of investors' positions.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

SHIBUSD

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), hinted at revealing their identity during the IVS Crypto 2024 conference in Japan. This announcement has generated excitement within the Shiba Inu community. Despite this, SHIB's price has dropped by 14.65%, trading at $0.00001355.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

EWG

Germany's industrial production for May decreased by 2.5% month-over-month, significantly missing the estimated increase of 0.2% and the revised prior figure of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

BBJP

DXJ

EWJ

Japan's household spending for May decreased by 1.8% year-over-year, missing the estimated 0.2% increase and falling from the previous 0.5% growth.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm

BTCUSD

TRXUSD

German lawmaker Joana Cotar criticized the government's large-scale selling of Bitcoin, arguing it should be used as a strategic reserve currency. The government has sold over 7,000 Bitcoins, causing price drops. Crypto billionaire Justin Sun offered to buy the Bitcoins off-market to minimize impact.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

ACB

BMMJ

CGC

GNLN

GRNH

MJNE

MXC

OGI

SNDL

TLRY

YCBD

The article reports on the stock movements of various marijuana-related companies on July 4, 2024. Notable gainers include Heritage Cannabis Holding, Global Compliance, and Greenlane Holdings, while significant losers include GreenGro Technologies and MJ Holdings.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

UMC

UMC reported a 7.9% year-over-year decline in sales for June 2024, amounting to NT$17.584 million. However, the company's sales for the first half of 2024 showed a slight increase of 0.84% compared to the same period in 2023.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm