The Asia Pacific Automotive Tire Pressure Monitoring Systems (TPMS) market is projected to grow from $1.5 billion in 2024 to $2.3 billion by 2030, driven by increasing safety standards, vehicle production, and technological integration.

Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 in Las Vegas. The two-day event will feature presentations by senior management of leading automotive and trucking companies, providing investors with insights into the ever-changing dynamics within the automotive industry.

Smart Beta ETF report for RZV

Phinia (PHIN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Style Box ETF report for RZV

If you are looking for stocks that are well positioned to maintain their recent uptrend, Phinia (PHIN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Morgan Stanley analyst Adam Jonas initiated coverage on Phinia Inc (NYSE:PHIN) with an Overweight rating and a price target of $50. The analyst says that they believe Phinia is the purest expression of thier ‘ICE is Nice’ thesis, which can generate substantial cash flows for longer than the market anticipates at ~4x EBITDA.  Jonas writes that although ...Full story available on Benzinga.com

Upgrades For Belden Inc (NYSE:BDC), Goldman Sachs upgraded the previous rating of Neutral to Buy. Belden earned $1.91 in the second quarter, compared to $1.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $99.13 and a 52-week-low of $58.88. Belden closed at $93.96 at the end of the last trading period. According to Argus Research, the prior rating for Catalent Inc (NYSE:CTLT) was changed from Hold to Buy. For the fourth quarter, Catalent had an EPS of $0.09, compared to year-ago quarter EPS of $1.08. The current stock performance of Catalent shows a 52-week-high of $97.48 and a 52-week-low of $31.45. Moreover, at the end of the last trading period, the closing price was at $50.20. For Equity Residential (NYSE:EQR), Wells Fargo upgraded the previous rating of Equal-Weight to Overweight. Equity Residential earned $0.94 in the second quarter, compared to $0.89 in the year-ago quarter. The stock has a 52-week-high of $77.92 and a 52-week-low of $54.60. At the end of the last trading period, Equity Residential closed at $64.00. According to Scotiabank, the prior rating for Brixmor Property Group Inc (NYSE:BRX) was changed from Sector Perform to Sector Outperform. Brixmor Property Group earned $0.52 in the second quarter, compared to $0.49 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.27 and a 52-week-low of $17.62. Brixmor Property Group closed at $21.99 at the end of the last trading period. For Valley National Bancorp (NASDAQ:VLY), Hovde Group upgraded the previous rating of Market Perform to Outperform. Valley Ntl earned $0.28 in the second quarter, compared to $0.32 in the year-ago quarter. The stock has a 52-week-high of $13.06 and a 52-week-low of $6.38. At the end of the last trading period, Valley Ntl closed at $9.44. Susquehanna upgraded the previous rating for NetApp Inc (NASDAQ:NTAP) from Neutral to Positive. NetApp earned $1.15 in the first quarter, compared to $1.20 in the year-ago quarter. The current stock performance of NetApp shows a 52-week-high of $80.53 and a 52-week-low of $58.08. Moreover, at the end of the last trading period, the closing price was at $77.60. B of A Securities upgraded the previous rating for Centene Corp (NYSE:CNC) from Underperform to Neutral. For the second quarter, Centene had an EPS of $2.10, compared to year-ago quarter EPS of $1.77. At the moment, the stock has a 52-week-high of $93.56 and a 52-week-low of $60.83. Centene closed at $61.27 at the end of the last trading period. B of A Securities upgraded the previous rating for AllianceBernstein Holding LP (NYSE:AB) from Neutral to Buy. In the second quarter, AllianceBernstein Holding showed an EPS of $0.61, compared to $0.71 from the year-ago quarter. The stock has a 52-week-high of $44.38 and a 52-week-low of $29.05. At the end of the last trading period, AllianceBernstein Holding closed at $31.21. B of A Securities upgraded the previous rating for Stryker Corp (NYSE:SYK) from Neutral to Buy. For the second quarter, Stryker had an EPS of $2.54, compared to year-ago quarter EPS of $2.25. The stock has a 52-week-high of $306.93 and a 52-week-low of $200.87. At the end of the last trading period, Stryker closed at $284.45. For Woodward Inc (NASDAQ:WWD), TD Cowen upgraded the previous rating of Market Perform to Outperform. For the third quarter, Woodward had an EPS of $1.37, compared to year-ago quarter EPS of $0.64. The stock has a 52-week-high of $133.15 and a 52-week-low of $79.26. At the end of the last trading period, Woodward closed at $129.85. Wolfe Research upgraded the previous rating for Liberty Formula One Group (NASDAQ:FWONK) from Peer Perform to Outperform. For the second quarter, Liberty Formula One Group had an EPS of $0.41, compared to year-ago quarter EPS of $0.35. The current stock performance of Liberty Formula One Group shows a 52-week-high of $80.13 and a 52-week-low of $50.13. Moreover, at the end of the last trading period, the closing price was at $69.03. For Hudson Pacific Properties Inc (NYSE:HPP), Piper Sandler upgraded the previous rating of Neutral to Overweight. For the second quarter, Hudson Pacific Properties had an EPS of $0.24, compared to year-ago quarter EPS of $0.51. The stock has a 52-week-high of $14.67 and a 52-week-low of $4.04. At the end of the last trading period, Hudson Pacific Properties closed at $7.02. Stifel upgraded the previous rating for Vail Resorts Inc (NYSE:MTN) from Hold to Buy. For the third quarter, Vail Resorts had an EPS of $8.18, compared to year-ago quarter EPS of $9.16. The stock has a 52-week-high of $268.24 and a 52-week-low of $202.00. At the end of the last trading period, Vail Resorts closed at $227.90. According to RBC Capital, the prior rating for American Express Co (NYSE:AXP) was changed from Sector Perform to Outperform. In the second quarter, American Express showed an EPS of $2.89, compared to $2.57 from the year-ago quarter. At the moment, the stock has a 52-week-high of $182.15 and a 52-week-low of $130.82. American Express closed at $159.62 at the end of the last trading period. For Associated Banc-Corp (NYSE:ASB), Baird upgraded the previous rating of Neutral to Outperform. For the second quarter, Associated Banc had an EPS of $0.56, compared to year-ago quarter EPS of $0.56. The current stock performance of Associated Banc shows a 52-week-high of $25.48 and a 52-week-low of $14.47. Moreover, at the end of the last trading period, the closing price was at $17.67. UBS upgraded the previous rating for Corteva Inc (NYSE:CTVA) from Neutral to Buy. In the second quarter, Corteva showed an EPS of $1.60, compared to $1.64 from the year-ago quarter. The current stock performance of Corteva shows a 52-week-high of $68.42 and a 52-week-low of $48.68. Moreover, at the end of the last trading period, the closing price was at $51.11. According to Raymond James, the prior rating for Retail Opportunity Investments Corp (NASDAQ:ROIC) was changed from Market Perform to Outperform. Retail Opportunity earned $0.27 in the second quarter, compared to $0.28 in the year-ago quarter. The current stock performance of Retail Opportunity shows a 52-week-high of $17.48 and a 52-week-low of $11.97. Moreover, at the end of the last trading period, the closing price was at $13.39. According to TD Cowen, the prior rating for Domino's Pizza Inc (NYSE:DPZ) was changed from Market Perform to Outperform. In the second quarter, Domino's Pizza showed an EPS of $3.08, compared to $2.82 from the year-ago quarter. The current stock performance of Domino's Pizza shows a 52-week-high of $409.95 and a 52-week-low of $285.84. Moreover, at the end of the last trading period, the closing price was at $391.14. According to Raymond James, the prior rating for Regency Centers Corp (NASDAQ:REG) was changed from Market Perform to Outperform. For the second quarter, Regency Centers had an EPS of $1.03, compared to year-ago quarter EPS of $1.00. The stock has a 52-week-high of $68.56 and a 52-week-low of $52.00. At the end of the last trading period, Regency Centers closed at $62.39. Bernstein upgraded the previous rating for Lowe's Companies Inc (NYSE:LOW) from Market Perform to Outperform. In the second quarter, Lowe's Companies showed an EPS of $4.56, compared to $4.67 from the year-ago quarter. The current stock performance of Lowe's Companies shows a 52-week-high of $237.21 and a 52-week-low of $176.62. Moreover, at the end of the last trading period, the closing price was at ...Full story available on Benzinga.com

Meta Platforms, Exxon Mobil and Spirit Airlines shares are all on the move.

Oil bounces to two-week high as Saudi says OPEC will do 'whatever necessary.' PHINIA swings higher on first day of trading. Instagram launches 'Twitter killer' Threads text app.

Stocks eased on Wednesday as investors took a more cautious stance prior to the release of the Fed minutes for the June 14 meeting. The minutes are expected to reveal that the committee broadly agrees that additional interest rate hikes are required to combat inflation. While June’s economic projections and Fed Chair Jerome Powell‘s most recent comments hint at two additional rate hikes in 2023, market participants only anticipate a single rate hike in July. The yield on 10-year US Treasury bonds approached 3.9%, the highest level since March 10, effectively returning to levels prior to the collapse of Silicon Valley Bank. Elsewhere, services PMIs pointed to the slowest pace of growth in China thus far this year and a bigger than-predicted loss of momentum for the eurozone. Wednesday Recap: The S&P 500 Index slipped 0.2%, while the Dow Jones lost 120 points or 0.4%. The weakest link was in the small caps of the Russell 2000 Index, down 1%, while the Nasdaq 100 Index managed to hold flat for the day. US Index Performance On Wednesday Index Performance (+/-) Value Nasdaq 100 +0.07% 15,216.40 S&P 500 Index -0.27% 4,443.13 Dow Industrials -0.42% 34,273.54 Russell 2000 -1.00% 1,877.79 Analyst Color: Fundstrat's Tom Lee, who had a Street-high price target for the S&P 500 ...Full story available on Benzinga.com