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META

ZM

Meta is reportedly shutting down its enterprise communications business, Workplace, and is recommending Zoom-owned Workvivo as an alternative. Workvivo was acquired by Zoom in 2023.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:38 pm

MPC

Marathon Petroleum's stock is trading lower due to a recent CEO transition.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:35 pm

AMC

BB

GME

BlackBerry Ltd (NYSE:BB) stock is trading higher following a meme posted by Keith Gill, known as "Roaring Kitty", suggesting his renewed market focus. BlackBerry, along with GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC), saw its stock rise, benefiting from the meme stock phenomenon. Additionally, BlackBerry was recognized with the Customers’ Choice designation in the 2024 Gartner Peer Insights for UEM, marking the second consecutive year of this achievement.

Portfolio Pulse from Dylan Berman

May 14, 2024 | 2:57 pm

MFC

Manulife (NYSE:MFC) and its subsidiary John Hancock have initiated a five-year research collaboration with MIT AgeLab, focusing on longevity innovation. This partnership aims to generate actionable insights for businesses, policymakers, and families, reinforcing Manulife's commitment to enhancing life quality for the aging population.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:34 pm

MBG.DE

TSLA

Mercedes worker Brett Garrard advocates for better work-life balance amid unionization efforts at a Mercedes plant in Alabama, highlighting the need for a more predictable schedule. The vote, involving over 5,000 workers, faces opposition amid fears of the plant moving to Mexico. The UAW's broader campaign aims to unionize workers at non-union U.S. plants of major manufacturers, including Mercedes-Benz Group.

Portfolio Pulse from Benzinga Neuro

May 14, 2024 | 2:29 pm

GMAB

Genmab announced the presentation of multiple abstracts on Epcoritamab at the 2024 European Hematology Association Congress scheduled for June 13-16. This event could highlight the potential of Epcoritamab in treating hematological malignancies and may influence Genmab's research and development direction.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:10 pm

GMAB

Genmab announced the presentation of multiple abstracts on Epcoritamab at the 2024 European Hematology Association Congress scheduled for June 13-16, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:09 pm

AGIO

Agios Pharmaceuticals, Inc. (AGIO) announced its participation in the EHA2024 Hybrid Congress in Madrid, Spain, from June 13-16, 2024, where it will present data from its Phase 3 ENERGIZE Study of Mitapivat in Non-Transfusion-Dependent Thalassemia during a plenary session. Additional presentations will include Quality of Life data from the ENERGIZE study and the design of the Phase 3 RISE UP Study of Mitapivat in Sickle Cell Disease. Agios will also host a virtual investor event on June 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:02 pm

TSLA

Elon Musk announced that the upcoming Tesla Roadster will be faster than the Model S Plaid, aiming for a 0 to 60 mph acceleration in less than 1 second. This decision was shared on X (formerly Twitter), surprising Tesla employees. Musk criticized a report by The Information regarding the Roadster's specs and the cancellation of the Model 2 project for a focus on robotaxis. The Roadster, benefiting from a Tesla and SpaceX collaboration, is expected to debut by end of 2024 with deliveries in 2025.

Portfolio Pulse from Anan Ashraf

May 14, 2024 | 1:32 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares surged 64% after receiving a conditional commitment for a $1.66 billion loan guarantee from the Department of Energy to finance up to six green hydrogen production facilities. This move aligns with the Biden Administration's Justice 40 Initiative and marks a significant step in Plug Power's expansion of its green hydrogen network in the U.S.

Portfolio Pulse from Nabaparna Bhattacharya

May 14, 2024 | 1:26 pm