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RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher in the premarket session following the announcement of a significant ten-launch agreement with Japanese Earth observation company Synspective. This deal, the largest in Rocket Lab's history, was unveiled in Tokyo and includes 10 dedicated launches planned for 2025-2027.

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 10:15 am

AMZN

Amazon Pharmacy has introduced RxPass, a new service offering Prime members on Medicare unlimited access to 60 eligible prescription medications for just $5 a month with free delivery.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 10:04 am

AAPL

IYW

VGT

Apple Inc. (NASDAQ:AAPL) will discontinue its 'buy now, pay later' (BNPL) service in the U.S. and introduce a new loan program later this year. The new program will allow installment loans through various payment methods, including credit and debit cards, directly via Apple Pay. Existing BNPL customers can continue to manage and repay their loans through the Wallet app. This move aims to expand Apple's financial services globally. Apple stock has gained over 17% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 18, 2024 | 9:39 am

HAP

HJEN

SHEL

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell PLC (NYSE:SHEL), has acquired Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a Temasek entity. This acquisition enhances Shell's LNG operations, aligning with its growth plans and increasing its LNG capacity. The deal is expected to finalize by Q1 2025, pending regulatory approvals.

Portfolio Pulse from Shivani Kumaresan

June 18, 2024 | 9:22 am

AZN

AstraZeneca's CAPItello Phase 3 trial for Truqap (Capivasertib) combined with Paclitaxel in locally advanced/metastatic triple-negative breast cancer did not meet the dual primary endpoints of improvement in overall survival versus Paclitaxel plus placebo.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:53 am

F

TSLA

Former Ford CEO Mark Fields discussed the impact of falling EV prices on the new and used car markets, highlighting that lower prices could remove barriers to EV adoption but also raise concerns about vehicle value. Fields pointed to increased competition, higher interest rates, and demand slowdowns as factors driving price reductions. Ford and Tesla are both actively addressing these market dynamics.

Portfolio Pulse from Benzinga Neuro

June 18, 2024 | 8:43 am

J

Jacobs Engineering Group has secured a contract to engineer Singapore's futuristic Kranji Water Reclamation Plant.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:40 am

QCOM

SSNLF

Samsung's upcoming Galaxy S25 is expected to exclusively feature Qualcomm's next-generation Snapdragon chipset, replacing its own Exynos chips due to lower-than-expected 3nm yield. This shift could significantly benefit Qualcomm and its exclusive supplier, Taiwan Semiconductor.

Portfolio Pulse from Ananya Gairola

June 18, 2024 | 8:17 am

SMCI

Supermicro is expanding its global AI capabilities by adding three new manufacturing facilities in Silicon Valley and abroad. This expansion aims to more than double the current capacity of 1,000 AI SuperClusters shipped per month.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:16 am

ALVO

Alvotech has signed a commercialization agreement with Advanz Pharma for its proposed biosimilar to Eylea in Europe. Advanz Pharma will handle market registration, commercialization, and patient access in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:09 am