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TTE

TotalEnergies (NYSE:TTE) reported Q4 adjusted EPS of $2.16, missing the $2.24 estimate, a 27.27% decrease from last year. Sales were $59.24B, beating the $47.50B estimate but down 13.63% from last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:48 am

BUD

Former President Donald Trump has urged conservatives to reconsider their stance on Anheuser-Busch (NYSE:BUD), following a controversial ad featuring transgender influencer Dylan Mulvaney that led to a significant market value drop for the company. Trump highlighted that Anheuser-Busch is not a 'woke' company and deserves a 'second chance.' This comes as Anheuser-Busch aims to regain consumer trust, highlighted by its return to the Super Bowl with a new advertisement and renewing its partnership with UFC as the 'Official Global Beer Partner.'

Portfolio Pulse from Benzinga Neuro

February 07, 2024 | 9:27 am

TSLA

Billionaire investor Leon Cooperman commented on Tesla CEO Elon Musk's compensation, calling him a genius but overcompensated following the Delaware Chancery Court's rescinding of Musk's 2018 compensation plan. Cooperman, whose hedge fund does not hold Tesla stock, criticized excessive executive compensation in general. Meanwhile, Ark Invest's Cathie Wood defended Musk's pay, and investor Gary Black suggested the dispute could lead to Musk gaining more control in Tesla. Tesla's stock rose 2.23% to $185.10.

Portfolio Pulse from Shanthi Rexaline

February 07, 2024 | 9:22 am

UBER

Wheely, a luxury ride-hailing service, is launching in Dubai to target affluent clients with a fleet of electric cars, including BMW 5 Series and plans for the BMW i5 electric variant. This move challenges Uber's market presence through its owned company Careem. Wheely's focus on wealthy clients and sustainable transportation aligns with Dubai's push for clean energy vehicles.

Portfolio Pulse from kaustubh@benzinga.com

February 07, 2024 | 9:19 am

MSBHF

X

Mitsubishi Corp (OTC:MSBHF) shares reached a record high after announcing a $3.4B share buyback plan. The company's strong financial performance and strategic decisions, including ceasing automobile production in China, have contributed to its success. Warren Buffett's Berkshire Hathaway holds 8.3% of Mitsubishi's stock. The company is considering future investments in the U.S., influenced by the upcoming election.

Portfolio Pulse from Benzinga Neuro

February 07, 2024 | 9:11 am

PLTR

Jim Cramer endorsed Palantir Technologies Inc. (NYSE:PLTR) as a 'buy, buy, buy' on his Mad Money show, despite controversies surrounding its CEO, Alex Karp. This recommendation follows a significant rally in Palantir's stock price after its Q4 earnings exceeded expectations. Cramer's support, along with interest from figures like Cathie Wood, highlights Palantir's strong market performance and potential.

Portfolio Pulse from Benzinga Neuro

February 07, 2024 | 8:44 am

BTC

DOGE

DRAGON

ETH

SILLY

YOD

As the Lunar New Year approaches, dragon-themed cryptocurrencies, including Year of the Dragon (YOD), Dragon (DRAGON), and Silly Dragon (SILLY), have seen significant price increases, outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). The surge in these tokens' values is attributed to the festive period, with YOD experiencing a 40% increase, DRAGON a 29% rise, and SILLY an 8% upswing. This trend highlights the impact of cultural events on cryptocurrency markets, though investors are cautioned about the potential volatility of such themed tokens.

Portfolio Pulse from Mehab Qureshi

February 07, 2024 | 8:06 am

META

Bluesky, a decentralized social media platform backed by Jack Dorsey, has opened its platform to all users, moving away from its invite-only model. The platform, which has over 3 million sign-ups, plans to allow external developers to host servers on its AT Protocol, aiming to rival ActivityPub. Bluesky, with 1.6 million monthly users, plans to monetize through additional features and a Cloudflare-like enterprise arm. The move is seen as a challenge to Meta's Threads and other decentralized platforms, potentially disrupting the social media landscape.

Portfolio Pulse from Benzinga Neuro

February 07, 2024 | 7:28 am

F

Ford Motor Co (NYSE:F) outlined its electric vehicle (EV) strategy, emphasizing smaller EVs and hybrid vehicles to compete with Tesla and Chinese EV makers. The company aims for profitability within 12 months of launching its next generation of EVs, despite expecting wider losses in its Model-e segment this year. Ford also plans to scale hybrid electric vehicles, leveraging its success in hybrid trucks in the U.S. market.

Portfolio Pulse from Anan Ashraf

February 07, 2024 | 7:02 am

FLNG

Flex LNG (NYSE:FLNG) reported Q4 adjusted EPS of $0.70, surpassing the $0.67 estimate, but its sales of $97.23M fell short of the $98.38M estimate. This represents a 31.37% decrease in earnings and a 0.71% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 6:55 am