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Stock Prices

PSNY

Polestar Automotive (NASDAQ:PSNY) is reviewing its strategy and operations after a 15% drop in Q3 deliveries. The company plans to update its business strategy in January 2025 and aims for cash flow break-even by the end of 2025. Polestar is engaging with lenders and has $669 million in cash.

Portfolio Pulse from Anan Ashraf

October 14, 2024 | 6:20 am

BTCUSD

Mark Cuban and Max Keiser criticized Donald Trump's decision to sell tokens for his cryptocurrency project, World Liberty Financial (WLFI). Cuban labeled it a 'pump scheme,' while Keiser said Trump failed a 'Bitcoin IQ test.' The project aims to raise $300 million by selling 20% of WLFI tokens.

Portfolio Pulse from Aniket Verma

October 14, 2024 | 5:49 am

FXI

China's Producer Price Index (PPI) for September fell by 2.8% year-over-year, which is a larger decline than the estimated 2.5% and the previous month's 1.8% decrease. This indicates continued deflationary pressures in China's industrial sector.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:32 am

FXI

China's Consumer Price Index (CPI) for September increased by 0.4% year-over-year, falling short of the estimated 0.6% and the previous month's 0.6%. This indicates a slower pace of inflation in China.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:32 am

GOOGL

TSLA

UBER

Gary Black from Future Fund LLC doubts Tesla's Cybercab can outperform Uber due to its current 97% autonomous driving efficacy. Tesla's Cybercab, unveiled recently, is priced under $30,000 but may not be ready until 2026 or 2027. Meanwhile, Uber is advancing its EV transition and partnering with Waymo for autonomous ride-hailing.

Portfolio Pulse from Ananya Gairola

October 14, 2024 | 2:50 am

AAPL

META

Apple is reportedly developing a low-cost version of its Vision Pro mixed-reality headset, expected to launch next year, to compete with Meta's offerings. The new device aims to address current criticisms of the Vision Pro, such as its weight and high price. Apple is also planning to release smart glasses and AirPods with cameras by 2027. Meanwhile, Meta has been successful with its Ray-Ban smart glasses and is advancing in AI and augmented reality technologies.

Portfolio Pulse from Ananya Gairola

October 14, 2024 | 2:04 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced declines amid concerns over high inflation and potential Bitcoin liquidation by the US government. Analysts predict a possible Bitcoin breakout to $63.5K-$65K after initial market shakeout.

Portfolio Pulse from Aniket Verma

October 14, 2024 | 1:53 am

FBGL

FBS Global Limited (NASDAQ:FBGL) is set to go public on Oct. 14 with a price range of $4.50 to $5.00 per share. The company will offer 2,250,000 shares at $4.75 each, with a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

October 13, 2024 | 8:37 pm

HOME

MIK

The U.S. retail industry is facing a predicted 5% drop in Halloween spending, impacting debt-laden retailers like Michaels and At Home Group. This decline is due to higher unemployment and inflation, affecting lower-income households. Retailers are struggling with reduced consumer spending and the repercussions of pandemic-era buyouts.

Portfolio Pulse from Bibhu Pattnaik

October 13, 2024 | 7:15 pm

BTCUSD

Robert Kiyosaki predicts a stock market crash and advises investing in gold, silver, and Bitcoin. He notes that high gold prices indicate investor pessimism and suggests that those not invested in defensive assets may face challenges.

Portfolio Pulse from Bibhu Pattnaik

October 13, 2024 | 7:00 pm