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AEIS

Advanced Energy Industries, Inc. (NASDAQ:AEIS) has acquired Airity Technologies, a provider of high voltage power conversion products. The acquisition will enhance AEIS's portfolio with Gallium Nitride (GaN) based technologies, improving power density and response time for semiconductor, industrial, and medical applications.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:01 am

AAPL

BABA

NFLX

VGT

VUG

Apple Inc. (AAPL) has added Alibaba (BABA) and JD.com (JD) apps to its Vision Pro headset in China to boost its market success. The headset, priced at $3,500, has struggled in the U.S. but will launch in China, Japan, and Singapore on June 28. Apple aims to navigate regulatory challenges and enhance its product offerings in China.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 9:45 am

Boeing's Starliner spacecraft has faced another delay in its return to Earth from the International Space Station, with no new date set. NASA is taking its time to address small helium system leaks and thruster performance issues. The delay allows for critical station activities and system upgrades. If successful, Boeing will join SpaceX in shuttling astronauts to and from the ISS.

Portfolio Pulse from Anan Ashraf

June 24, 2024 | 9:24 am

AAPL

VGK

The European Commission has found that Apple's App Store rules breach the Digital Markets Act by restricting developers from steering consumers to alternative channels. This decision could have significant implications for Apple's business practices in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:11 am

AJG

Arthur J. Gallagher & Co. has announced that its subsidiary, Artex, has acquired London-based Implement Compliance Solutions & Resources Limited (ICSR). The financial terms of the deal were not disclosed. ICSR provides consulting and support services on compliance, governance, risk, and operations to insurance firms in the UK. Kenneth Underhill and his team will continue to operate under the direction of Paul Eaton, head of Artex EMEA.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:02 am

CMBM

Cambium Networks (NASDAQ:CMBM) has announced significant investments in its ConnectedPartner channel program, introducing an Elite partner level with new benefits aimed at accelerating growth, reducing risk, and increasing sales velocity for its Enterprise partners.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:01 am

ARWR

MRK

NTLA

VRNA

XBI

XFOR

This week, several biotech stocks have key catalysts that could significantly impact their stock prices. Arrowhead Pharmaceuticals, Intellia Therapeutics, Merck, Verona Pharma, and X4 Pharmaceuticals are all set to release important data or have critical events. The SPDR S&P Biotech ETF also saw a rise, reflecting the sector's activity.

Portfolio Pulse from Shanthi Rexaline

June 24, 2024 | 8:51 am

BTCUSD

MSTR

Japanese investment firm Metaplanet Inc. will purchase over $6 million worth of Bitcoin using funds from a bond issuance. This move aligns with their strategy to hold Bitcoin as a long-term treasury reserve asset, similar to MicroStrategy's approach.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 8:30 am

TSLA

Elon Musk commented that Justin Timberlake could have avoided DWI charges if he had been driving a Tesla instead of a BMW, due to Tesla's driver assistance features. Timberlake was arrested for intoxicated driving in New York. Tesla's Full Self-Driving technology, while advanced, still requires active driver supervision.

Portfolio Pulse from Anan Ashraf

June 24, 2024 | 8:01 am

iQIYI, a leading online entertainment service in China, announced plans to launch VR location-based experiences across major Chinese cities this summer, with global expansion to follow. The initiative aims to expand into offline commercial spaces and the cultural tourism market, leveraging VR technology to transform IPs into captivating offline experiences.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 7:40 am