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WBX

Wallbox has announced the launch of its new Supernova 220 Charger, which is expected to enhance its product lineup and potentially increase market share in the EV charging sector.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:08 pm

ENPH

Enphase Energy has begun shipping its IQ Battery 5P in France, marking an expansion of its product offerings in the European market.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:06 pm

JNJ

Health Canada has authorized Johnson & Johnson's RYBREVANT in combination with carboplatin and pemetrexed as the first-line treatment for non-small cell lung cancer (NSCLC) with EGFR exon 20 insertion mutations. The Phase 3 PAPILLON study showed significant improvement in progression-free survival.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:04 pm

YOU

CLEAR Secure has opened six new enrollment locations, providing more convenient options for consumers to enroll or renew in TSA PreCheck.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:04 pm

MDAI

Spectral AI has expanded its clinical trial sites for a U.S. burn study to a total of 14 sites. This expansion is expected to accelerate the study and potentially bring their burn treatment technology to market faster.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:03 pm

BNTX

CVAC

GSK

PFE

GSK plc (NYSE:GSK) and CureVac N.V. (NASDAQ:CVAC) have restructured their collaboration into a new licensing agreement worth around $1.5 billion. GSK will assume full control of developing and manufacturing mRNA vaccines for COVID-19 and influenza, while CureVac will receive significant upfront and milestone payments. CureVac also announced a strategic restructuring to focus on oncology, including a 30% workforce reduction. The agreement extends CureVac's cash runway into 2028.

Portfolio Pulse from Vandana Singh

July 03, 2024 | 12:01 pm

CVAC

GSK

CureVac shares are trading higher after the company announced it restructured its licensing agreement with GSK and will focus resources on high-value mRNA projects in oncology and other select areas.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:51 am

BABAF

PDD

The European Union is considering abolishing the 150 Euro duty-free threshold for online purchases, targeting Chinese retailers like Shein and Temu. This follows similar regulatory challenges faced by these companies in the U.S. The new rules could increase the workload for EU customs officials and require large platforms to register for VAT payments.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 11:51 am

TSLA

Tesla Inc. (NASDAQ:TSLA) reported a record deployment of 9.4 GWh of energy storage products in Q2 2024, a 132% increase from Q1. Despite a 4.8% drop in vehicle deliveries, Tesla's energy storage segment is growing rapidly, with expectations for continued growth and higher margins.

Portfolio Pulse from Anan Ashraf

July 03, 2024 | 11:47 am

GOOG

GOOGL

MSFT

VOX

XLC

Alphabet Inc.'s (Google) emissions have surged by nearly 50% over the past five years due to increased energy consumption from AI technology, complicating its goal of eliminating carbon emissions by 2030. Microsoft also reported a 30% increase in emissions since 2020 due to AI investments. Alphabet's stock has gained over 54% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 03, 2024 | 11:41 am