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EPOW

Sunrise New Energy (NASDAQ:EPOW) has secured an additional $13.75 million low-interest loan from China Construction Bank, bringing the total loans received in 2024 to $27.51 million. The funds will enhance liquidity and expedite order fulfillment for major lithium battery manufacturers.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:41 pm

HAS

MAT

Mattel shares surged 16% following reports of a potential acquisition by private equity firm L Catterton or Hasbro. However, Mattel has not confirmed any deal talks. The company is also set to release its Q2 earnings report tomorrow.

Portfolio Pulse from Vaishali Prayag

July 22, 2024 | 7:39 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher by 2.75% to $17.21, driven by positive market sentiment due to expectations of a strong earnings season and potential Federal Reserve rate cuts. The political shift with President Biden stepping down and the rising odds of a Trump victory, known for his pro-business stance, also contribute to the optimism. Lower interest rates could benefit Rivian by reducing borrowing costs, enhancing its growth potential.

Portfolio Pulse from Henry Khederian

July 22, 2024 | 7:30 pm

MS

Morgan Stanley (NYSE:MS) has outperformed the market over the past 10 years with an average annual return of 12.08%, resulting in a $1000 investment growing to $3,087.09. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 7:30 pm

CRH

CRH (NYSE:CRH) has outperformed the market over the past 5 years with an average annual return of 19.83%, surpassing the market by 6.89% annually. A $100 investment in CRH 5 years ago would now be worth $247.03. The company currently has a market capitalization of $55.14 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 7:30 pm

CMCSA

VZ

Comcast Corp (NASDAQ:CMCSA) shares are trading lower by 1.67% to $39.41 on Monday, influenced by Verizon Communications Inc. (NYSE:VZ) reporting worse-than-expected second-quarter revenue results. Verizon's strong broadband net additions and improved consumer segment performance could intensify competition for Comcast.

Portfolio Pulse from Henry Khederian

July 22, 2024 | 7:30 pm

TSLA

Tesla Inc. (NASDAQ: TSLA) is set to report its Q2 earnings, with analysts expecting revenue of $24.93 billion and earnings per share of 62 cents. The company has missed revenue and earnings estimates for three consecutive quarters. Analysts are mixed on Tesla, with some focusing on its energy segment and others on vehicle deliveries. Key items to watch include updates on the Cybertruck, energy storage, and AI initiatives. Tesla shares are up 5% to $251.73 ahead of the earnings report.

Portfolio Pulse from Chris Katje

July 22, 2024 | 7:25 pm

HIMS

NVO

TEVA

Hims & Hers Health Inc. (NYSE:HIMS) shares surged by 5.12% after appointing former Novo Nordisk COO and President Kåre Schultz to its Board of Directors. Schultz's extensive experience in the healthcare sector is expected to bring valuable expertise to the company.

Portfolio Pulse from Vaishali Prayag

July 22, 2024 | 7:23 pm

DPZ

Domino's Pizza shares are trading higher amid a possible rebound after the stock fell last week following mixed Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:23 pm

DAL

Delta CEO announced that the worst disruptions will take a few more days to clear, with expected improvements today and further progress by Tuesday and Wednesday. The Delta team is working around the clock to restore operations.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:20 pm