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XPEV

Xpeng (NYSE:XPEV) has announced the successful tape-out of its proprietary AI chip, Turing, which will be used in its electric vehicles, robots, and flying cars. This chip is designed for L4 autonomous driving and offers three times the computing power of the current chip. Despite this milestone, Xpeng shares are trading relatively flat.

Portfolio Pulse from Nabaparna Bhattacharya

August 28, 2024 | 12:47 pm

MOVE

Movano's shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:47 pm

BOF

BranchOut Food shares rose following the announcement of a year-over-year increase in H1 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:45 pm

KSS

WBIY

XSVM

Kohl's Corp (NYSE:KSS) reported a Q2 earnings beat with a net sales decline of 4.2% Y/Y to $3.525 billion. The gross margin expanded, and EPS was $0.59, beating estimates. Inventory decreased by 9% Y/Y. The company raised its FY24 EPS outlook but revised sales growth outlook downward. KSS shares rose 3.83% premarket.

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 12:41 pm

BZ

KANZHUN shares declined following the release of disappointing Q2 revenue results, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:40 pm

SJM

The J.M. Smucker Company shares are experiencing a decline following the company's decision to lower its fiscal year 2025 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:38 pm

AMZN

MARA

MSFT

SDIG

Amazon and Microsoft are competing with Bitcoin miners for energy resources due to the growing demands of AI and cloud computing. This competition is impacting the energy-intensive cryptocurrency mining industry, with some miners shifting strategies to offer energy services to tech companies.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 12:34 pm

OLN

Olin Corporation has lifted the systemwide force majeure on its chlor-alkali products, which was declared on July 24. The production of chlor-alkali and its derivatives has resumed normal operations.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:31 pm

AMBA

BOX

Ambarella Inc and Box Inc are identified as overbought tech stocks with high RSI values, indicating potential short-term price declines. Despite recent positive earnings reports, their momentum may be unsustainable.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 12:29 pm

BRK

CMG

VST

WYNN

On CNBC's 'Halftime Report Final Trades,' several stocks were highlighted: Berkshire Hathaway hit an all-time high, Vistra Corp. posted better-than-expected earnings, Wynn Resorts reported downbeat results, and Chipotle announced a new menu item. Stock movements were mixed.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 12:20 pm