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NNVC

NanoViricides' NV-387 has shown a flat blood concentration profile for prolonged antiviral effect in clinical trials. This first-in-class, broad-spectrum antiviral agent aims to revolutionize the treatment of viral infections including RSV, COVID, and influenzas.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:43 am

BJ

BJ's Wholesale Club has expanded its same-day delivery service to include outdoor furniture, grills, and televisions. This move aims to enhance customer convenience and boost sales in these product categories.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:35 am

HON

Honeywell has launched Battery MXP, an AI-powered software solution aimed at reducing cell manufacturing costs.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:34 am

SAGE

Sage Therapeutics announced that its Phase 2 SURVEYOR study has shown promising results in strengthening the cognitive impact of Huntington's disease.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:33 am

CLNE

Clean Energy Fuels Corp. (NASDAQ:CLNE) has completed the construction of a third production train at its Boron, California LNG plant, increasing its capacity by 50%. This expansion will help meet the rising demand for LNG, particularly from customers like Pasha Hawaii, which operates three LNG-powered container ships.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:32 am

AAL

BA

ITA

PPA

Boeing is close to securing a major order from El Al Israel Airlines for 30 737 Max jets, worth between $2 billion and $2.5 billion. This deal follows a turbulent start to the year for Boeing due to a significant mishap involving the 737 Max. The agreement marks a significant rebound for Boeing, which has faced scrutiny and criticism. Boeing's stock has lost more than 14% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 10:26 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has resumed hiring across various categories including energy storage, manufacturing, sales, customer support, and vehicle service, signaling a shift in its growth strategy. This comes after significant layoffs and a hiring freeze earlier in the year.

Portfolio Pulse from Anan Ashraf

June 11, 2024 | 10:25 am

AAPL

Apple Inc. (NASDAQ:AAPL) announced a new AI initiative aimed at boosting iPhone sales, but analysts are skeptical about its impact on consumer behavior. Despite the integration of advanced AI features and a partnership with OpenAI, analysts believe the initiative may not be enough to drive significant new customer growth.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 10:21 am

FTXL

INTC

SHOC

Intel Corp (NASDAQ:INTC) has paused its $25 billion chip plant construction in Israel, citing the need for flexibility in large-scale projects due to changing business conditions and market dynamics. Despite the pause, Intel remains committed to its operations in Israel, where it employs nearly 12,000 people. The Israeli government had previously agreed to provide Intel with a $3.2 billion incentive for the project. Intel's stock has lost over 6% in the last 12 months, but closed higher by 0.55% at $30.91 on Monday. Investors can access Intel stock via First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) and Strive U.S. Semiconductor ETF (NYSE:SHOC).

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 10:08 am

YJ

Yunji reported a repeat purchase rate of 74.4% for the twelve months ending March 31, 2024. Total revenues for Q1 2024 were RMB127.9 million (US$17.7 million), down from RMB178.7 million in Q1 2023, due to soft consumer confidence and strategic product and supplier optimization.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:06 am