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GM

General Motors (GM) is integrating its BrightDrop electric vans into the Chevrolet brand, allowing access to Chevrolet's commercial sales and service networks. This move aims to boost sales and service capabilities for BrightDrop's Zevo electric vans.

Portfolio Pulse from Anan Ashraf

August 30, 2024 | 8:55 am

MNSO

MINISO Group Holding Limited has announced a HK$2 billion share repurchase program, approved by its board on August 30, 2024. The program allows the company to buy back its shares over the next 12 months, using surplus cash from its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:40 am

MNSO

MINISO Group Holding reported Q4 adjusted earnings per ADS of $0.28, which met expectations. However, their sales of $555.26 million fell short of the estimated $566.05 million.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:35 am

TIGR

UP Fintech Holding reported a significant increase in new funded accounts in Q2, adding 48,900 accounts and reaching a total of 982,300, marking a 16.8% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:04 am

AAPL

Apple's upcoming iPhone 16 launch event, 'Glowtime', is expected to feature significant upgrades, including Apple Intelligence, without a price hike. Analyst Erik Woodring from Morgan Stanley suggests the iPhone replacement cycle will accelerate, potentially boosting Apple's stock performance. The iPhone 16 is anticipated to make up 68% of Apple's fiscal year 2025 shipments, with a 5% increase in average selling price. Morgan Stanley maintains an Overweight rating with a $273 price target for Apple.

Portfolio Pulse from Shanthi Rexaline

August 30, 2024 | 7:57 am

TSN

Tyson Foods has permanently appointed Curt Calaway as CFO after suspending John R. Tyson due to legal issues. This leadership change occurs amid strategic realignment efforts, including the sale of a poultry complex and scaling back antibiotic-free beef products. Despite challenges, Tyson Foods reported strong Q3 results, beating earnings expectations.

Portfolio Pulse from Benzinga Neuro

August 30, 2024 | 7:53 am

AISP

Airship AI has announced an $8 million public offering, compliant with Nasdaq market pricing, involving 2.9 million shares and warrants. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:23 am

EKSO

Ekso Bionics has announced a $6 million underwritten public offering of 6 million units, each priced at $1.00, including common stock and dual warrants. The offering includes 3.1 million units and 2.9 million pre-funded units, with warrants expiring in one and five years.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:18 am

RR

Richtech Robotics has announced a $21 million public offering of approximately 15.6 million shares and warrants, priced at $1.35 each. The warrants are exercisable immediately and expire in five years. The company plans to use the proceeds for working capital, product development, and inventory procurement.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:12 am

ADAUSD

BTCUSD

ETHUSD

SHIBUSD

Shiba Inu (SHIB) has been added as a collateral currency for futures trading on Kraken Pro, joining Bitcoin, Ethereum, and Cardano. This coincides with a massive 139103% increase in SHIB's burn rate, though its price remains relatively unchanged.

Portfolio Pulse from Aniket Verma

August 30, 2024 | 6:56 am