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XPEV

XPeng shares are trading higher after the company reported better-than-expected Q1 results and issued Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:40 am

GSK

GSK's Phase 3 trials SWIFT-1 and SWIFT-2 of Depemokimab in severe asthma patients with Type 2 inflammation met primary endpoints, showing a reduction in the annualized rate of clinically significant exacerbations over 52 weeks.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:37 am

XPEV

XPeng reported its Q1 2024 financial results, with adjusted EPS of RMB(1.49) beating the estimate of RMB(1.94) and sales of RMB6.548 billion surpassing the estimate of RMB6.165 billion.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:33 am

VGK

The Eurozone's trade balance for March was reported at 24.1 billion euros, surpassing the estimated 19.9 billion euros and the prior month's 23.6 billion euros.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:01 am

ETHUSD

GALAUSD

Gala Games experienced a $214 million hack, causing its native token GALA to drop by 19%. The hacker minted 5 billion GALA tokens and swapped 592 million GALA for Ethereum. Gala Games has blacklisted the hacker's address and is working with law enforcement.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 8:59 am

NVDA

Nvidia's upcoming Q1 earnings report is under scrutiny due to potential impacts from the 'Osborne Effect' as customers may delay orders in anticipation of the new Blackwell GPU platform. Despite potential short-term disappointments, Gene Munster of Deepwater Asset Management expects Nvidia to manage the transition effectively and sees strong long-term growth driven by AI demand.

Portfolio Pulse from Shanthi Rexaline

May 21, 2024 | 7:52 am

TSLA

A fire at Tesla's Fremont factory was quickly contained with no injuries reported. The cause is under investigation. The factory is a major production site for Tesla's vehicles.

Portfolio Pulse from Anan Ashraf

May 21, 2024 | 7:43 am

BTCUSD

MSTR

Michael Saylor, co-founder of MicroStrategy Inc. (NASDAQ:MSTR), highlighted Bitcoin's (BTC) recent surge and its potential to reach new all-time highs. Bitcoin's price recently rose above $71,000, and MicroStrategy shares increased by 9%. Analysts predict further growth for Bitcoin, with some forecasts reaching up to $2.3 million by 2030.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 7:19 am

LUV

Southwest Airlines is seeking approval from the U.S. Department of Transportation to offer daily nonstop service between Washington National Airport (DCA) and Las Vegas (LAS). This new service aims to provide more choices and competition on a route currently served by only one daily flight from another airline. If approved, Southwest plans to offer lower average fares and convenient connections from LAS to various destinations, including Hawaii.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 7:12 am

ALVO

TEVA

Teva and Alvotech have announced the U.S. launch of Simlandi (adalimumab-ryvk), the first interchangeable high-concentration, citrate-free biosimilar to Humira.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:57 am