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AMZN

RIVN

Rivian is accelerating the shipment of its delivery vans to Amazon in Europe, marking a significant step in their partnership and expansion into the European market.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 6:04 pm

CMCSA

FUBO

FuboTV has announced a partnership with NBCUniversal to provide multi-platform coverage of the Paris Olympics. Subscribers will have access to live daytime events, primetime shows, and extensive Olympic programming across various NBCUniversal channels and platforms.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 6:02 pm

COIN

The U.S. Marshals Service has selected Coinbase Prime (NASDAQ:COIN) to custody and trade $32M in large cap digital assets. This decision highlights the growing trust in Coinbase's secure infrastructure and its role in institutional digital asset management.

Portfolio Pulse from Murtuza Merchant

July 01, 2024 | 6:02 pm

USO

Oil prices are rising as traders expect increased demand during the summer and better-than-expected Chinese manufacturing activity data.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 5:51 pm

WKHS

Workhorse Group (NASDAQ:WKHS) shares are trending on Monday following the announcement that its 750 medium duty electric vehicle will be showcased at the 14th Annual Clean Energy Roadshow. Additionally, Workhorse introduced a new upfit program through its partnership with Surefitters, offering 13 pre-configured packages for dealers.

Portfolio Pulse from Dylan Berman

July 01, 2024 | 5:47 pm

POET

POET Technologies Inc. (NASDAQ:POET) shares surged after winning the 'Best Optical AI Solution' award at the AI Breakthrough Awards. The company's POET Optical Interposer technology, which enhances optical communication, has driven significant trading volume. Despite a 39.59% decline over the past year, the stock has risen 54.34% in the past month. Currently, the stock is considered overbought with an RSI of 74.67.

Portfolio Pulse from Erica Kollmann

July 01, 2024 | 5:44 pm

AAPL

Apple Inc (NASDAQ:AAPL) shares rose after Needham analyst Laura Martin maintained a Buy rating and a $220 price target. Key insights include an extended smartphone replacement cycle, strategic pricing adjustments, and a focus on first-party sales channels. The global smartphone market is declining, but Apple aims to attract new consumers by subsidizing lower-cost iPhones.

Portfolio Pulse from Anusuya Lahiri

July 01, 2024 | 5:41 pm

HUMA

Humacyte, Inc. (NASDAQ:HUMA) saw a 15% increase in its stock price after receiving the FDA's Regenerative Medicine Advanced Therapy (RMAT) designation for its Acellular Tissue Engineered Vessel (ATEV) for treating Advanced Peripheral Artery Disease (PAD). This is the third RMAT designation for Humacyte, which aims to expedite the development and review of therapies for serious conditions.

Portfolio Pulse from Dylan Berman

July 01, 2024 | 5:39 pm

WBD

A Benzinga poll reveals that 90% of respondents believe there should be a maximum age requirement for the U.S. President. The topic has gained traction following the recent presidential debate, which was watched by over 47 million people on Warner Bros. Discovery-owned CNN. Concerns over President Joe Biden's age and ability to serve have been highlighted, with betting odds suggesting he may drop out of the race.

Portfolio Pulse from Chris Katje

July 01, 2024 | 5:38 pm

AAPL

Apple is anticipating strong sales for the upcoming iPhone 16, as indicated by their substantial chip orders.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 5:38 pm