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SOLUSD

USDCUSD

Circle, the issuer of USD Coin (USDC), has expanded its Web3 services to Solana, launching Programmable Wallets and Gas Stations to simplify decentralized app development. This move aims to attract more developers by reducing technical challenges and transaction fees.

Portfolio Pulse from Aniket Verma

June 13, 2024 | 9:02 am

AAPL

Apple CEO Tim Cook discussed his legacy and the future leadership of Apple in an interview with Marques Brownlee. Cook emphasized his focus on the future rather than his legacy, acknowledging the inevitability of a leadership change. Speculation about potential successors includes Jeff Williams, John Ternus, Craig Federighi, and Deirdre O'Brien. Additionally, Apple announced new AI-powered features and iOS 18 at WWDC.

Portfolio Pulse from Ananya Gairola

June 13, 2024 | 8:55 am

TSLA

Tesla CEO Elon Musk has indicated that while Tesla has the capability to build a phone, he hopes it won't be necessary. This follows a prediction by Morgan Stanley analyst Adam Jonas that Tesla will eventually make a phone as the lines between phones and cars blur. Musk has given mixed signals about this possibility over the past week.

Portfolio Pulse from Anan Ashraf

June 13, 2024 | 8:39 am

AAPL

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook discussed the company's focus on empowering users with new AI features, rather than increasing device usage. At WWDC 2024, Apple unveiled 'Apple Intelligence' and announced a partnership with OpenAI to integrate ChatGPT into its operating systems.

Portfolio Pulse from Ananya Gairola

June 13, 2024 | 8:13 am

AMZN

Amazon's Project Kuiper has partnered with Vrio Corporation to provide affordable, high-speed internet connectivity in seven South American countries. This initiative will use Amazon's satellite broadband network to serve unserved and underserved communities through Vrio's DIRECTV Latin America and Sky Brasil.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 7:04 am

STLA

Stellantis has confirmed its 2024 financial guidance, aiming for a double-digit Adjusted Operating Income (AOI) margin and €7.7 billion in shareholder returns through dividends and buybacks. The company expects a 10-11% AOI margin in the first half of 2024, with significant product launches and cost initiatives driving improvements in the second half.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 7:01 am

SNPS

Synopsys' AI-driven digital and analog flows have achieved certification on Samsung's advanced SF2 GAA process, marking a significant milestone in semiconductor design automation.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:54 am

STGW

Stagwell has expanded its global reach by adding four new Asia-Pacific agencies to its affiliate network. This move enhances Stagwell's capabilities in advertising, design, digital experience, and affiliate marketing in the fast-growing Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:34 am

AAPL

META

NVDA

JJ Kinahan, Chief Market Strategist at IG North America, highlighted the bullish activity surrounding Meta Platforms Inc. (NASDAQ:META) over the past two weeks, with 72% of its activity being bullish. This comes amid speculation of a potential stock split and significant stock price surge driven by AI initiatives and shareholder value enhancements. However, concerns about financial sustainability remain.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 6:33 am

SATS

EchoStar's Hughes JUPITER System has been selected by Skyband to enhance digital transformation for enterprises and government in Saudi Arabia. This satellite ground platform will enable Skyband to expand into new verticals, services, and applications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:51 am