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BITF

Bitfarms Ltd (NASDAQ:BITF) shares are rising after the company announced an agreement to develop up to 120 MW of power capacity in Sharon, Pennsylvania. This expansion is expected to increase Bitfarms' 2025 power capacity by 170% and enhance its geographical diversification.

Portfolio Pulse from Adam Eckert

June 13, 2024 | 1:18 pm

PFE

Pfizer Inc. (NYSE:PFE) shares are ticking lower after the company disclosed disappointing results from its Phase 3 CIFFREO study on gene therapy for Duchenne muscular dystrophy (DMD). The study did not achieve its primary endpoint of improving motor function in young boys. This setback adds to Pfizer's challenges as it seeks new revenue streams following the decline in sales from its COVID-19 products.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 1:18 pm

AVGO

Broadcom Inc. (NASDAQ:AVGO) announced the expansion of its Broadcom Advantage Partner Program for VMware Cloud Service Providers in Europe, aiming to enhance customer-focused innovation.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:18 pm

MOVE

Movano Health (Nasdaq: MOVE) has announced significant improvements in the accuracy of its heart rate in motion algorithm by integrating deep learning. The company's recent engineering study highlights the enhanced accuracy achieved with the Evie Ring using advanced deep learning algorithms.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:17 pm

F

GM

STLA

TSLA

General Motors (GM) expects to reach EV profitability by year-end despite revising down its EV production targets. Ford (F) and Stellantis (STLA) are also making strides in the EV market, while Tesla (TSLA) faces challenges with its aging lineup.

Portfolio Pulse from Upwallstreet

June 13, 2024 | 1:16 pm

MULN

Mullen Automotive's Bollinger Motors has secured a $13.2 million order for 80 Bollinger B4 trucks from Momentum Groups. These vehicles qualify for a $40,000 federal tax credit and will be used for fleet management and EV charging solutions.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:16 pm

FXI

MA

Mastercard and NetsUnion have announced a partnership to begin processing payments in the Chinese mainland. Starting May 2024, Mastercard cards issued by Chinese banks will be accepted in China.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:14 pm

SCLX

Scilex Holding presented a poster on ELYXYB at the Annual Scientific Meeting of the AHS, highlighting its efficacy in treating migraines for patients who do not respond to triptans. The data showed that ELYXYB significantly outperformed placebo in achieving 2-hour pain freedom.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:14 pm

ACI

Albertsons Media Collective has launched Collective TV, a new solution that integrates retail media and TV to provide advertisers with a modern currency for targeting, measuring, and optimizing video ad campaigns. This initiative involves collaboration with major platforms like Google Display & Video 360, The Trade Desk, LiveRamp, FreeWheel, iSpot, and Clinch.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:10 pm

WMT

Walmart is modernizing its operations by introducing digital shelf labels (DSLs) in approximately 2,300 stores to enhance customer service and simplify in-store processes. This move has contributed to a 26% year-to-date increase in Walmart's stock, outperforming the S&P 500.

Portfolio Pulse from Zaheer Anwari

June 13, 2024 | 1:09 pm