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TSLA

Tesla's recent stock decline is attributed to a broader sell-off in AI stocks, not Elon Musk selling shares. Analyst Gary Black suggests the downturn was triggered by Broadcom's guidance miss, affecting AI-related stocks like Tesla, NVIDIA, AMD, and Marvell.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 8:31 am

TSLA

Elon Musk revised his 2020 prediction about the future of electric and autonomous vehicles, now estimating that 99% of cars produced by 2040 will be electric and fully autonomous. This update reflects a slight adjustment from his original 100% prediction. Musk also mentioned Tesla's willingness to license its self-driving technology, though no automakers have shown interest yet. Infrastructure remains a challenge for EV adoption.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 8:02 am

BA

Boeing's Starliner returned to Earth without crew after a test flight with technical issues. NASA extended the stay of astronauts Wilmore and Williams on the ISS due to thruster problems, opting for a SpaceX return in 2025. The situation highlights ongoing challenges for Boeing's space endeavors.

Portfolio Pulse from Rounak Jain

September 07, 2024 | 5:41 am

PRFX

Trading for a company has been halted at 7:50:00 p.m. ET due to pending news. This could indicate significant upcoming announcements that may impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:50 pm

DELL

Dell Technologies shares are experiencing an upward trend following the announcement of its inclusion in the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:43 pm

PLTR

Palantir Technologies shares are experiencing an increase in trading activity following the announcement of its addition to the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:43 pm

AAL

BIO

DELL

ERIE

ETSY

PLTR

Palantir Technologies, Dell Technologies, and Erie Indemnity are set to join the S&P 500, replacing American Airlines Group, Etsy, and Bio-Rad Laboratories. These changes are part of the S&P Dow Jones Indices' quarterly rebalance to better represent market capitalization ranges.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:37 pm

VST

Vistra (NYSE:VST) has significantly outperformed the market over the past 5 years, with an average annual return of 23.53%. A $1000 investment in Vistra 5 years ago would now be worth $2,884.54. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 9:30 pm

CBRE

CBRE Group (NYSE:CBRE) has outperformed the market over the past 5 years with an average annual return of 15.3%, resulting in a $100 investment growing to $205.15. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 9:30 pm

SHOP

Shopify CEO Tobias Lütke has adopted an automatic securities disposition plan (ASDP) to sell up to 2,564,964 Class A shares by December 31, 2025. The plan allows for pre-arranged sales starting September 17, 2024, exempt from Canadian prospectus requirements.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:23 pm