Streetbeat News

Partnerships

RIVN

Rivian Automotive (NASDAQ:RIVN) shares are trading lower on Friday after earlier gains due to a partnership with Volkswagen and the company's investor day. Rivian expects Q2 vehicle production between 9,100 and 9,300 units and aims to produce 57,000 vehicles in 2024. The R2 model EV is set to launch in the first half of 2026. Analysts have updated their coverage, with mixed ratings and price targets ranging from $10 to $23.

Portfolio Pulse from Erica Kollmann

June 28, 2024 | 4:51 pm

ESPR

Esperion Therapeutics shares are trading lower after the company announced a Royalty Purchase Agreement with OMERS Life Sciences. The stock initially traded higher but has since reversed.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 4:15 pm

EWJ

EWY

SPY

Donald Trump's allies are assuring officials in Japan and South Korea that Trump will support efforts to deepen ties between the three nations if he takes office again. This includes military, economic, and diplomatic cooperation to counter China and North Korea. The outreach is part of a broader effort to sketch policy priorities for a potential second Trump presidency.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 3:46 pm

BTCUSD

The Core Foundation is launching the world's first yield-bearing CORE ETP on the Spotlight Stock Exchange, facilitated by Valour, a subsidiary of DeFi Technologies. This ETP will provide exposure to Core blockchain's native token and follows the successful release of Valour's Bitcoin Staking ETP.

Portfolio Pulse from Murtuza Merchant

June 28, 2024 | 3:28 pm

BTCUSD

ETHUSD

Kraken Co-Founder Jesse Powell has endorsed Donald Trump, the 'only pro-crypto major party candidate,' and donated $1 million in Ethereum to his campaign. Trump has shown support for the crypto sector but has yet to propose specific policies.

Portfolio Pulse from Murtuza Merchant

June 28, 2024 | 3:24 pm

LUCY

Innovating Eyewear shares are trading higher after the company announced progress in international expansion.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 3:16 pm

STLD

Steel Dynamics shares are trading higher after the company announced it entered into an underwriting agreement.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 3:05 pm

BROS

DHR

PCG

RIVN

TJX

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: TJX Companies, Dutch Bros, Rivian Automotive, Pacific Gas & Electric, and Danaher Corporation. Key developments include TJX's joint venture with Grupo Axo, Dutch Bros' new board member and positive analyst rating, Rivian's $5 billion investment with Volkswagen, analyst updates on Pacific Gas & Electric, and Danaher's FDA approval for a Hepatitis C test.

Portfolio Pulse from Chris Katje

June 28, 2024 | 3:03 pm

MSFT

Microsoft's $13 billion investment in OpenAI is under scrutiny by the EU's antitrust regulators due to concerns about the exclusivity of Microsoft's cloud technology for OpenAI's use. The EU will gather more information from Microsoft's competitors and customers, which could lead to formal investigations if anti-competitive behavior is found. Similar inquiries have been made by the U.K. and U.S. regulators.

Portfolio Pulse from Shivani Kumaresan

June 28, 2024 | 2:50 pm

WBD

The Esports World Cup has announced a new multi-platform partnership with Warner Bros. Discovery to expand its audience reach.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 2:49 pm