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PRGO

The Supreme Court has upheld unrestricted access to the mifepristone abortion pill, a significant decision that could impact companies involved in the production and distribution of the drug.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:02 pm

F

Ford announced that it will sell electric vehicles (EVs) at all 2,800 of its US dealerships and has dropped the requirement for dealer facility upgrades. This new EV retail strategy was revealed during a company call.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:01 pm

GFI

Gold Fields Limited has revised its 2024 group production guidance from 2.33Moz-2.43Moz to 2.20Moz-2.30Moz due to the impact of weather events on the Salares Norte project.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:00 pm

GOOG

GOOGL

Google's new head of search, Liz Reid, emphasized the importance of releasing AI features despite potential issues, urging employees to address problems as they arise. This comes as Google competes with OpenAI and Microsoft in the AI space. Despite recent setbacks, including incorrect AI-generated responses, Google continues to push forward with AI advancements.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 1:59 pm

STLA

Stellantis executive announced that the Ram brand is targeting record sales by the end of 2025. The company also confirmed plans for a 100% zero-emission lineup in Europe by 2030. The European new car market is expected to remain stable above 15 million units per year in the latter part of the decade.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:58 pm

APIE

AVIV

SONY

Sony Group Corp’s Sony Pictures Entertainment has acquired Alamo Drafthouse Cinema, marking a significant expansion into the theatrical exhibition sector. The acquisition includes all 35 locations and the continuation of Fantastic Fest. This move aims to revitalize audience interest in theatrical experiences amid a downturn in box-office sales in major U.S. cities.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 1:57 pm

BA

Boeing is investigating a quality issue on undelivered 787 jets involving incorrect fastener installation, affecting over 900 fasteners per plane. Boeing confirms safety checks and states that the in-service fleet remains operational. The company is working closely with the FAA, and deliveries continue, with the latest on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:55 pm

BRTX

BURU

CARA

EJH

IONM

STSS

U.S. stocks showed mixed performance with the Dow Jones falling over 100 points, while the NASDAQ and S&P 500 rose. U.S. producer prices declined by 0.2% in May. BioRestorative Therapies, E-Home Household Service Holdings, and Sharps Technology saw significant stock price increases, while Assure Holdings, Nuburu, and Cara Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 1:45 pm

IYG

V

XLF

Visa Inc (NYSE:V) has relaunched its Visa SavingsEdge program with new features aimed at small businesses in the US and Canada. The enhancements include a refreshed website, additional merchant offers, and real-time notifications for cashback. Visa's stock has gained over 21% in the last 12 months, and investors can gain exposure through ETFs like iShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund – Financial (NYSE:XLF).

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:44 pm

SOLUSD

Elon Musk's decision to make 'likes' private on X (formerly Twitter) has sparked controversy in the cryptocurrency community. Mert Mumtaz, CEO of Helius, criticized the move, citing increased bot activity and potential manipulation, particularly harmful to the crypto space.

Portfolio Pulse from Murtuza Merchant

June 13, 2024 | 1:42 pm