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ABBV

AbbVie and FutureGen Biopharmaceutical have announced a license agreement to develop FG-M701. AbbVie will receive an exclusive global license, while FutureGen will receive a $150 million upfront payment and up to $1.56 billion in milestone payments.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:00 pm

MOGO

Mogo Inc. (NASDAQ:MOGO) has announced a strategic partnership with Postmedia Network Inc. to launch a new content channel focused on financial literacy for Canadians. The channel will provide educational content on investing, wealth accumulation, and management, addressing a gap in quality financial education. Postmedia will operate the channel independently, with Mogo as the founding sponsor and contributor of branded content and tools.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:59 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has announced that it will increase the price of its Model 3 sedan in the European Union starting July 1, 2024, due to new import tariffs on cars made in China. The company is urging customers to take delivery in June to secure the current price.

Portfolio Pulse from Anan Ashraf

June 13, 2024 | 11:46 am

BTCUSD

Bitcoin has been experiencing rangebound behavior and market corrections, failing to break above its record highs. Experts suggest that these dips provide buying opportunities and are typical in bull market cycles. The extended consolidation phase is seen as a potential setup for a substantial breakout.

Portfolio Pulse from Aniket Verma

June 13, 2024 | 11:45 am

NIO

NVDA

NIO Inc. has launched its fourth-generation battery swap stations in China, featuring advanced hardware including NVIDIA's Orin X chips. These stations support multi-brand vehicles and offer significant improvements in service time and battery storage. NIO also activated next-gen superchargers with high charging power.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 11:44 am

HUGE

FSD Pharma shares are trading higher after the company entered into an exclusive option agreement with the University of Southern California to evaluate dietary supplement technology for commercialization.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:35 am

HUGE

FSD Pharma has entered an exclusive option agreement with the University of Southern California to evaluate a dietary supplement technology for potential commercialization. This partnership aims to explore new market opportunities in the dietary supplement sector.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:34 am

INGR

UNVR

Univar Solutions has announced the expansion of its distribution partnership with Ingredion into Germany, Italy, and Switzerland.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:29 am

CSIQ

DHI

Canadian Solar has entered into an agreement with US homebuilder D.R. Horton to provide solar and energy storage products across communities in California. The deal includes Canadian Solar's high-efficiency solar panels and the EP Cube residential energy storage system.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:25 am

MRNA

Moderna announced that its new vaccine, mRNA-1283, has shown higher efficacy compared to its existing Spikevax in adults aged 18 and older. The Phase 3 trial met its primary efficacy endpoint.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:22 am