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AAPL

Apple has decided not to roll out its AI features in the EU this year due to the Digital Markets Act (DMA) regulations, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:30 pm

GOVX

GeoVax Labs shares are trading higher following the announcement that the company received a BARDA Project NextGen award to conduct a Phase 2b clinical study for its COVID-19 vaccine candidate, GEO-CM04S1.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:28 pm

AREB

CRKN

KAVL

KMX

SHCR

SRPT

SWBI

U.S. stocks traded mixed with the Dow Jones and NASDAQ slightly up, while the S&P 500 fell. CarMax shares gained after Q1 earnings, despite a revenue miss. American Rebel Holdings, Sharecare, and Sarepta Therapeutics saw significant gains due to various positive developments. Kaival Brands, Crown Electrokinetics, and Smith & Wesson experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 4:26 pm

NXL

Nexalin Technology shares are trading higher following the announcement of a new patent by the USPTO for its deep intracranial frequency stimulation device aimed at treating Alzheimer's and dementia.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:21 pm

CMCSA

Comcast Business has entered into a strategic agreement with Starlink to enhance network redundancy and connectivity for enterprise customers using LEO satellite technology. This partnership aims to provide fast and reliable connectivity, especially in underserved regions.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:16 pm

Micron Technology (NASDAQ:MU) shares are trading lower due to construction delays caused by the discovery of endangered bat species at a prospective factory site. Despite this, several analysts have raised their price targets for the stock. Micron is set to report its Q3 financial results on June 26, with expected earnings of 49 cents per share and revenue of $6.634 billion.

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 4:13 pm

TSLA

Hyundai Motor Company is launching two new electric vehicles in Europe, the Inster EV and a new IONIQ model, to boost its market share. Despite rivals like General Motors, Ford, and Tesla scaling back, Hyundai is pushing forward. The Inster EV will debut at the Busan International Mobility event on June 27th. Hyundai's IONIQ 5 set a new sales record in May, and the company is opening its first EV and battery plant in the US later this year. Hyundai and Kia are closing the market share gap with Tesla in the US.

Portfolio Pulse from Upwallstreet

June 21, 2024 | 3:56 pm

BIDU

HAO

Haoxi Health Technology Ltd. (NASDAQ:HAO) saw its shares drop by 28% after announcing plans to raise additional funds just six months after its IPO. Despite strong financial growth, investor confidence waned due to concerns over the company's heavy reliance on ByteDance and rising accounts payable.

Portfolio Pulse from The Bamboo Works

June 21, 2024 | 3:53 pm

3iQ Corp

BTCUSD

SOLUSD

Solana (SOL) is experiencing a continuous decline, prompting concerns from prominent traders. Despite Bitcoin's stability, SOL is down 37% from its peak. However, some influencers remain bullish, citing its resilience at the $125 support level. Additionally, 3iQ Corp plans to launch North America's first Solana-based ETP in Canada.

Portfolio Pulse from Khyathi Dalal

June 21, 2024 | 3:46 pm

GILD

LLY

MRK

NVO

PFE

Gilead Sciences (GILD) faces speculation about entering the obesity drug market, but remains focused on liver treatments, particularly NASH. Despite a brief stock surge, analysts doubt Gilead's competitiveness in obesity drugs. Companies like Eli Lilly (LLY) and Novo Nordisk (NVO) lead the obesity drug market, while others like Pfizer (PFE) and Merck (MRK) explore opportunities.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 3:42 pm