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AAPL

Apple Inc. (NASDAQ:AAPL) has introduced a suite of AI-powered features called Apple Intelligence, which includes enhancements like supercharged Siri, text rewriting, Genmoji, image generation, and photo editing. However, these features require the A17 Pro chip, limiting their availability to iPhone 15 Pro and iPhone 15 Pro Max models.

Portfolio Pulse from Rounak Jain

June 11, 2024 | 11:19 am

LAD

Lithia & Driveway (LAD) has expanded its presence in the U.S. Southeast region by acquiring Sunrise Chevrolet Buick GMC at Collierville and Sunrise Buick GMC at Wolfchase.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:06 am

DV

RDDT

DoubleVerify has announced the global availability of its Media Authentication offering on Reddit. This includes the DV Authentic Ad metric, which provides advertisers with third-party transparency into campaign delivery on Reddit.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:05 am

AKRO

Akero Therapeutics (NASDAQ:AKRO) has initiated a Phase 3 trial for its drug efruxifermin (EFX) aimed at treating patients with compensated cirrhosis due to metabolic dysfunction-associated steatohepatitis (MASH).

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:05 am

LLY

Lilly shares are trading higher after the company's Alzheimer's drug donanemab received a unanimous 11-0 vote from the FDA's Peripheral and Central Nervous System Drugs Advisory Committee.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:04 am

ATHA

Athira Pharma (NASDAQ:ATHA) has successfully completed the first cohort of its Phase 1 clinical trial for ATH-1105, a drug aimed at treating ALS. The trial involved healthy volunteers and is a significant step in the drug's development.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:03 am

REGN

SNY

Regeneron and Sanofi have announced that the FDA has approved Kevzara (Sarilumab) for the treatment of patients weighing 63 kg or greater with active polyarticular juvenile idiopathic arthritis.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:02 am

RCAT

Red Cat Holdings has signed a Letter of Intent (LOI) to acquire FlightWave Aerospace Systems, a company specializing in advanced unmanned aerial systems. This acquisition aims to enhance Red Cat's product offerings and market reach in the drone technology sector.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 11:01 am

BYDDF

NIO

XPEV

XPeng Inc. (NYSE:XPEV) has revealed the name and image of its first model from the Mona sub-brand, the Xpeng M03, which will use BYD batteries. This move follows a similar strategy by NIO Inc. (NYSE:NIO) with its Onvo sub-brand. The M03 is expected to launch in 2024 and will be an A-class smart electric model. XPeng shares are trading higher by 0.63% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 10:59 am

WDS

Woodside Energy Group Ltd (NYSE:WDS) shares are trading lower premarket after announcing the first oil from the Sangomar field offshore Senegal. The project, developed by a joint venture including Woodside and PETROSEN, features a standalone FPSO facility and subsea infrastructure. The project cost remains within the $4.9 billion – $5.2 billion range, with production ramping up through 2024.

Portfolio Pulse from Lekha Gupta

June 11, 2024 | 10:45 am