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CCSO

MULN

VXF

Mullen Automotive (NASDAQ:MULN) has secured a purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, with a potential for 180 more units in 2025. This order is part of Mullen's European expansion strategy. Mullen's stock has lost over 99% in the last 12 months, and investors can gain exposure through ETFs like Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO) and Vanguard Extended Market ETF (NYSE:VXF).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:30 pm

SBUX

VTI

XLY

Starbucks is facing significant staffing issues and longer wait times, leading to customer frustration and a decline in sales. The company's labor algorithm and new policies have not fully addressed the problem, resulting in a 22% drop in stock price under the current CEO. Starbucks is implementing new measures to improve efficiency and customer experience.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:29 pm

BLK

GBTC

IBIT

MSTR

BlackRock's iShares Bitcoin Trust (IBIT) has become the largest Bitcoin fund globally, surpassing Grayscale Bitcoin Trust (GBTC) with nearly $20 billion in assets. The fund's success has contributed to Bitcoin's price surge and has outperformed MicroStrategy (MSTR) in Bitcoin holdings.

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 4:27 pm

BOX

Box shares are trading higher following a Q1 earnings beat.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:25 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) is experiencing a bullish trend driven by favorable news and technical indicators. The stock has formed a Golden Cross and is up 12.53% over the past month. Key events include expansion into Finland, increased tariffs on Chinese solar imports, and the launch of the IQ Battery 5P in Mexico.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 4:24 pm

AAP

Advance Auto Parts shares are trading lower after the company reported mixed Q1 earnings. The stock initially gained on the report but has since reversed.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:23 pm

TDS

TMUS

Telephone And Data Systems (TDS) shares are trading lower after a previous rise on Tuesday. The rise followed the announcement of an agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:22 pm

JNJ

Johnson & Johnson's pivotal Phase 3 study of Seltorexant shows significant improvement in depressive symptoms and sleep disturbances in patients with major depressive disorder (MDD) with insomnia. The study met all primary and secondary endpoints. Additionally, positive results for SPRAVATO® (esketamine) nasal spray were presented, showing rapid and sustained efficacy in treatment-resistant depression (TRD).

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:18 pm

CMCSA

DIS

HDV

NFLX

VOX

Verizon Communications Inc. (NYSE:VZ) has launched a new phone upgrade plan offering significant discounts on YouTube Premium and Peacock. The plan includes various perks such as 60GB of mobile hotspot, high-speed international roaming, and global calling. Verizon also allows bundling of streaming services like Netflix and Disney+ into cost-effective plans. The stock has gained over 12% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:17 pm

GME

GameStop shares are trading lower as the stock pulls back after recently gaining on the completion of its at-the-market equity offering program.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:16 pm