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BTCUSD

USDTUSD

Bitfinex and Tether CTO Paolo Ardoino advocates for a focus on emerging markets over the US and Europe for crypto companies. He emphasizes the importance of supporting Bitcoin and expresses concerns about meme coins potentially harming the industry's reputation.

Portfolio Pulse from Murtuza Merchant

June 07, 2023 | 6:31 pm

AZN

IONS

Piper Sandler assumes coverage of Ionis Pharmaceuticals with an Overweight rating and a price target of $58, citing a strategic pivot towards commercializing select assets. The analyst sees three key late-stage value drivers: eplontersen, olezarsen, and donidalorsen. Eplontersen is co-commercialized with AstraZeneca in the U.S.

Portfolio Pulse from Vandana Singh

June 07, 2023 | 6:26 pm

PLUG

Plug Power's shares are trading higher following the announcement that the company will supply Energy Vault Holdings with 8 megawatts of hydrogen fuel cell stationary power.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 6:01 pm

CSCO

T

Cisco Systems has partnered with AT&T to enhance connectivity and advance the calling landscape for hybrid workforces. The collaboration will offer SD-WAN connectivity with add-on services such as 5G and broadband for businesses. Webex Calling will be integrated with the AT&T mobile network, and AT&T Cloud Voice with Webex Go will be available for all Webex Calling users in the U.S. later this year.

Portfolio Pulse from Lekha Gupta

June 07, 2023 | 5:45 pm

FSR

Fisker shares are trading higher after the company announced it is selling emission credits to a major automaker ahead of its first US delivery.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 5:20 pm

AMZN

Amazon is in talks with major telecom companies to provide cost-effective or free mobile phone services to its Prime subscribers in the US. The stock has surged by 47% this year and shows bullish momentum, with the potential to reach or surpass its all-time high of $188.

Portfolio Pulse from Zaheer Anwari

June 07, 2023 | 5:12 pm

STM

STMicroelectronics announced a joint venture with Sanan Optoelectronics to manufacture 200mm semiconductors in China. The facility is expected to begin production in Q4 2025 and support the increasing demand for electric vehicles, industrial, and energy applications in China. The total cost for the full buildout is estimated to be $3.2 billion.

Portfolio Pulse from Erica Kollmann

June 07, 2023 | 4:45 pm

EA

Electronic Arts (EA) has renewed its multi-year partnership with CONMEBOL, the governing body of football in South America. EA SPORTS will remain CONMEBOL's exclusive Sports Video Gaming Partner and will also sponsor CONMEBOL Club competitions and support grassroots football initiatives.

Portfolio Pulse from Lekha Gupta

June 07, 2023 | 4:40 pm

AMZN

PARA

PARAA

Amazon is planning an ad tier for its Prime Video streaming service and is in talks to bring ad-supported versions of Max and Paramount+ to Prime Video Channels, according to the Wall Street Journal.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 4:38 pm

GOOG

GOOGL

TWLO

Twilio has expanded its partnership with Google Cloud to improve customer experience by integrating Google Cloud Contact Center AI and Twilio Flex. This will enable 24/7 customer assistance in over 30 languages and improve contact center efficiency.

Portfolio Pulse from Lekha Gupta

June 07, 2023 | 4:18 pm