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TSLA

Tesla is ramping up production of its Cybertruck at the Giga Texas factory, as evidenced by drone footage showing numerous vehicles ready for delivery. The company aims to deliver 250,000 units by 2025, with production being the main challenge. Tesla plans to increase weekly production to 2,500 units by year-end, with profitability expected by the end of the year.

Portfolio Pulse from Anan Ashraf

August 25, 2024 | 7:25 am

Elon Musk praised Boeing's new CEO, Kelly Ortberg, for focusing on factory operations, following NASA's decision to return astronauts from Boeing's Starliner via SpaceX. The Starliner has faced delays due to technical issues.

Portfolio Pulse from Anan Ashraf

August 25, 2024 | 2:25 am

NASA has chosen SpaceX over Boeing for the return of two astronauts from the International Space Station due to issues with Boeing's Starliner spacecraft. This decision raises concerns about the future of the Starliner program, which has faced multiple technical challenges and financial losses.

Portfolio Pulse from Nabaparna Bhattacharya

August 24, 2024 | 7:50 pm

DIA

INTC

MSFT

Intel Corporation (NASDAQ:INTC) has underperformed since joining the Dow Jones Industrial Average in 1999, with its stock down 4.8% compared to a 283% rise in the SPDR Dow Jones Industrial Average ETF (NYSE:DIA). Intel's stock is also down over 50% year-to-date in 2024. Some experts suggest replacing Intel with NVIDIA in the Dow Jones due to Intel's stalled growth.

Portfolio Pulse from Chris Katje

August 24, 2024 | 3:00 pm

GOEV

KARS

LCID

TSLA

WKHS

The EV sector saw mixed developments this week. Tesla received a tariff cut in Europe but lost its BEV crown to BMW. Lucid claimed tech leadership over Tesla, while Ford scaled back its EV plans. Workhorse reported poor earnings, and Canoo faced executive departures. The KraneShares EV ETF rose 3.44% for the week.

Portfolio Pulse from Shanthi Rexaline

August 24, 2024 | 2:00 pm

AVGO

NVDA

SNOW

TSLA

Benzinga highlights bullish and bearish stock stories, including Nvidia's favorable AI prospects, Broadcom's AI partnerships, and Tesla's stagnation concerns. The market reacted positively to potential interest rate cuts, boosting stocks.

Portfolio Pulse from Michael Cohen

August 24, 2024 | 1:00 pm

BTCUSD

ETHUSD

Crypto analyst Michaël van de Poppe predicts Bitcoin could reach new all-time highs if it surpasses a key resistance level of $62,000. Bitcoin is currently trading at $64,028, having surged past this level. Van de Poppe also highlights the potential impact of ETF data inflows on Bitcoin's price. Additionally, he notes that Ethereum could trigger an altcoin market uptrend if it breaks the $2,700 resistance level.

Portfolio Pulse from Rounak Jain

August 24, 2024 | 5:35 am

OBLG

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

August 23, 2024 | 11:50 pm

BCAN

Trading for BCAN was halted at 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:50 pm

LOW

Lowe's Companies (NYSE:LOW) has significantly outperformed the market over the past decade, with an annualized return of 16.88%. A $100 investment in Lowe's 10 years ago would now be worth $476.14, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 9:30 pm