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AAPL

AMZN

Apple Inc. (NASDAQ:AAPL) has launched a $50 million fund as part of its $2.5 billion investment initiative to address the housing crisis in the San Francisco Bay Area. The fund will support affordable housing development, initially backing four projects to create over 400 homes. This brings Apple's total contribution to affordable housing initiatives in California to over $1.6 billion. Amazon.com Inc. (NASDAQ:AMZN) has also pledged $3.6 billion for affordable housing in key metro areas.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 1:32 pm

GBTC

Grayscale Investments has launched a new Decentralized AI Fund, expanding its portfolio to include investments in the growing field of decentralized artificial intelligence.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:32 pm

LMT

Lockheed Martin has delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Ohio Youngstown Air Reserve Station. This delivery marks the addition of a new mission capability for the Super Hercules: the aerial spray mission.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:32 pm

AAPL

MSFT

Anthropic, backed by Jeff Bezos, and Menlo Ventures have launched a $100 million fund to support early-stage AI startups, increasing competition with OpenAI. The fund, named Anthology Fund, will provide financial backing and access to Anthropic’s AI technology. This move mirrors Apple's iFund initiative and positions Anthropic in direct competition with OpenAI's $175 million Startup Fund.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 1:30 pm

RSG

Republic Services and the city of Louisville are pioneering sustainability efforts with a fully electric recycling and waste collection fleet, expected to be operational by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:27 pm

VVX

V2X Inc. (NYSE:VVX) has been awarded a $141 million cost-plus-fixed-fee task order to continue providing comprehensive engineering support for Command, Control, Communications, Computer, and Intelligence (C4I) systems to the U.S. Navy. This task order is part of the Navy's Fleet Systems Engineering Team (FSET) program, which V2X has supported for 25 years.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:26 pm

WKHS

Workhorse Group Inc (NASDAQ:WKHS) shares are experiencing continued momentum after a significant rally. The company was awarded a Sourcewell contract for zero-emission commercial vehicles, allowing it to expand its reach to government, educational, and nonprofit sectors across the U.S. and Canada. This contract streamlines the purchasing process for municipalities, aiding in the transition to zero-emission fleets.

Portfolio Pulse from Adam Eckert

July 17, 2024 | 1:24 pm

BA

EADSY

Yemen Airways has signed an agreement with Airbus to purchase 8 aircraft, marking a significant expansion for the airline.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:23 pm

COF

Capital One announces a $265 billion Community Benefits Plan in connection with its acquisition of Discover. The plan includes significant investments in housing affordability, no-fee banking, small business growth, and community development financing.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:20 pm

HYPR

Hyperfine (NASDAQ:HYPR) has received FDA clearance for the ninth generation of its AI-powered Swoop® system software, which significantly reduces scan times for brain imaging without compromising quality. This positions Hyperfine as a leader in AI-powered health technology and could expedite diagnostics in acute care settings.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:20 pm