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AAPL

Tech investor Dan Niles predicts Apple Inc. (NASDAQ:AAPL) will outperform other 'Magnificent Seven' stocks by year-end due to its new AI strategy and potential revenue growth. Niles attributes Apple's future success to its generative AI efforts and recent strong earnings, despite some market caution advised by CNBC's Jim Cramer.

Portfolio Pulse from Benzinga Neuro

June 18, 2024 | 2:16 am

DELL

NVDA

Michael Dell, CEO of Dell Inc., highlighted the rapid adoption of generative AI, comparing it to the early internet but happening ten times faster. Dell's comments come amid the company's strong financial performance and a significant partnership with Nvidia Corporation.

Portfolio Pulse from Ananya Gairola

June 18, 2024 | 2:15 am

SOLUSD

Former President Donald Trump is rumored to be entering the cryptocurrency market with a new token, 'Trump Coin,' on the Solana blockchain. The token's market cap surged from $73 million to $150 million, sparking industry speculation. This move aligns with Trump's recent support for cryptocurrencies.

Portfolio Pulse from Aniket Verma

June 18, 2024 | 12:58 am

SNWGF

Snowline Gold Corp. (OTC:SNWGF) has published an initial assessment for its Valley deposit in Yukon, revealing a significant high-grade gold resource. The deposit contains 4.05 million ounces of indicated gold and 3.26 million ounces of inferred gold, positioning it as one of the richest in the region. The project faces logistical challenges due to its remote location but holds substantial growth potential.

Portfolio Pulse from Stjepan Kalinic

June 17, 2024 | 10:05 pm

ATRO

Astronics Corporation has secured a $215 million contract from the U.S. Army for the Radio Test Set TS-4549/T. The contract is a firm-fixed price, indefinite delivery, indefinite quantity (IDIQ) agreement with a five-year performance period. An initial delivery order of $15.5 million has been placed, with expected revenue of $10 million to $12 million in 2024, including $5 million to $7 million in the second quarter.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 10:00 pm

AVO

EWW

SPY

The U.S. government has temporarily suspended avocado imports from Mexico's Michoacan state due to a security incident. This decision could impact companies and ETFs related to avocado imports and the broader market.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:59 pm

TSLA

Tesla Inc (NASDAQ:TSLA) announced that the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the U.S., making it more financially attractive to buyers. This change corrects a previous pricing imbalance and enhances the competitiveness of the Model 3 LR in the electric vehicle market.

Portfolio Pulse from Benzinga EV Insights

June 17, 2024 | 9:55 pm

MRK

The FDA has approved CAPVAXIVE (V116) for the prevention of invasive pneumococcal disease and pneumococcal pneumonia in adults. The vaccine covers serotypes responsible for approximately 84% of such diseases in adults aged 50 and older. Four Phase 3 studies showed robust immune responses in both vaccine-naïve and vaccine-experienced adults.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:31 pm

MRK

The FDA has approved Merck's KEYTRUDA in combination with Carboplatin and Paclitaxel for treating adult patients with primary advanced or recurrent endometrial carcinoma. This approval marks the third FDA-approved indication for KEYTRUDA in endometrial carcinoma and the 40th indication for KEYTRUDA in the US.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 9:15 pm

BTCUSD

DOGEUSD

ETHUSD

INJUSD

ZKUSD

Cryptocurrency markets are trading slightly down, with Bitcoin, Ethereum, and Dogecoin experiencing minor losses. Notable developments include Australia's approval of its first Spot Bitcoin ETF, Tether launching a new synthetic dollar backed by gold, and Deutsche Telekom's plans to mine Bitcoin. Additionally, a crypto roundtable with Biden administration officials and Mark Cuban is scheduled for July.

Portfolio Pulse from Khyathi Dalal

June 17, 2024 | 9:12 pm