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TSLA

Tesla Inc. (NASDAQ:TSLA) is reportedly considering mass layoffs amid a slowdown in sales growth, despite planning for future expansions and significant capital investments. The company's U.S. managers have been asked to categorize team members' roles as critical or non-critical, following the cancellation of some performance reviews. Tesla missed its earnings and revenue forecasts for Q4 2023, leading to a more than 10% drop in shares. However, the company still plans to allocate over $10 billion in capital expenditures and increase its R&D spending to approximately $4.5 billion.

Portfolio Pulse from Piero Cingari

February 07, 2024 | 3:32 pm

BUD

Anheuser-Busch Inbev's stock (BUD) is experiencing an increase in its trading value following positive remarks from Donald Trump on Truth Social, contributing to its ongoing upward momentum.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:32 pm

IEX

Over the past 20 years, IDEX (NYSE:IEX) has produced an average annual return of 12.97%, outperforming the market by 5.43% on an annualized basis. With a current market capitalization of $16.50 billion, a $100 investment in IEX 20 years ago would be worth $1,157.72 today. This showcases the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:30 pm

RSG

Over the past 15 years, Republic Services (NYSE:RSG) has outperformed the market with an average annual return of 13.97%, turning a $100 investment into $735.22. The company's market capitalization stands at $54.65 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:30 pm

AMGN

Amgen's shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:29 pm

GILD

Gilead Sciences' shares dropped following the announcement of disappointing Q4 adjusted EPS results and a forecast for FY24 revenue that falls short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:27 pm

HOLO

MicroCloud Hologram Inc. (NASDAQ:HOLO) shares surged by 240% to $5.09 after announcing plans to join the Communications Industry Association to foster IT innovation. This move aims to accelerate the development of new technologies for various industries. Additionally, the company's shares began trading on a split-adjusted basis with a new CUSIP number. Last year, MicroCloud's subsidiary agreed to provide a streaming media control system for China's largest new energy vehicle company.

Portfolio Pulse from Nabaparna Bhattacharya

February 07, 2024 | 3:27 pm

BABA

Alibaba's stock price declined following the announcement of its Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:24 pm

EQH

Equitable Holdings' shares surged following the announcement of their Q4 adjusted EPS results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:22 pm

DAY

Dayforce shares are trading lower following the announcement of their Q4 financial results, along with Q1 and FY24 revenue guidance that fell below market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:21 pm