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NMTC

The Centers for Medicare and Medicaid Services (CMS) has granted approval for NeuroOne's ICD-10 procedure code for sEEG RF Ablation. This code, effective from October 1, 2024, positions NeuroOne's OneRF™ Ablation System for broader adoption and awareness in the healthcare system.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:31 pm

BYND

KR

Beyond Meat has announced the expansion of its Beyond IV product line with the introduction of the fourth generation Beyond Sausage, which will be available nationwide in grocery stores.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:30 pm

DELL

SMCI

Dell Technologies Inc (NYSE:DELL) shares are trading higher after Elon Musk and Dell CEO Michael Dell announced that Dell is assembling half of the racks for an xAI supercomputer. Super Micro Computer Inc (NASDAQ:SMCI) will also provide servers for the supercomputer. Both companies are increasing server capacity to support AI programs.

Portfolio Pulse from Adam Eckert

June 20, 2024 | 1:29 pm

SOUN

SoundHound AI has announced the acquisition of key assets from Allset, enhancing its voice AI capabilities for ordering food from vehicles, phones, and smart devices. Allset's team will join SoundHound, strengthening its innovation and capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:28 pm

AMZN

PACK

Amazon has announced its largest reduction in plastic packaging in North America to date, replacing plastic air pillows with recyclable paper cushioning. This move is part of Amazon's broader sustainability efforts.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:28 pm

APDN

Applied DNA Sciences (APDN) and Alphazyme have successfully concluded a project to scale up the manufacturing of Linea RNAP, resulting in significant economic improvements for the Linea IVT platform.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:26 pm

AAPL

Apple's new AI platform, Apple Intelligence, announced at WWDC, has led to a significant stock price increase and analyst upgrades. The stock surged over 7% post-announcement, surpassing $200, and has gained a total of 10% since the event. Analysts have upgraded Apple's stock to 'Buy' due to expected revenue growth from AI features. However, recent sideways movement suggests a potential retest of the $200 support level.

Portfolio Pulse from Zaheer Anwari

June 20, 2024 | 1:26 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) shares are trading slightly higher after the company completed its offering of 2.25% convertible senior notes due 2032, raising approximately $786 million in net proceeds. The company plans to use the funds to acquire additional Bitcoin.

Portfolio Pulse from Adam Eckert

June 20, 2024 | 1:25 pm

CSCO

NVDA

Nvidia has become the world's most valuable listed company, driven by demand for its AI chips, drawing comparisons to the dot-com boom. Former Cisco CEO John Chambers notes differences in the AI revolution's dynamics. Despite optimism, some experts warn of a potential bubble.

Portfolio Pulse from Benzinga Neuro

June 20, 2024 | 1:23 pm

PLUG

Plug Power has achieved certification of its stationary system to the American National Standards Institute/CSA Group's FC 1-2021 standards.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:21 pm