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VMEO

Vimeo is actively engaging with YouTubers, including The Try Guys, to launch subscription platforms, positioning itself as a significant player in the creator economy.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:48 pm

META

PINS

SNAP

TikTok is testing a new feature similar to Snapchat's streaks, which could increase user engagement on the platform. This move may impact other social media companies like Meta, Pinterest, and Snapchat.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:45 pm

ATOMUSD

CRVUSD

ETHUSD

TIAUSD

Prominent crypto analyst Michaël van de Poppe has adjusted his altcoin portfolio in anticipation of the Ethereum ETF approval. He has shifted from older altcoins like Atom and Curve to newer projects like Renzo, Portal, and Wormhole, which he believes have higher upside potential.

Portfolio Pulse from Khyathi Dalal

June 06, 2024 | 5:44 pm

RIVN

TSLA

Rivian Automotive, Inc. (NASDAQ:RIVN) has launched the second generation of its R1S and R1T vehicles, featuring enhanced performance, updated designs, and advanced technology. Prices start at $69,900 for the R1T and $75,900 for the R1S. The new models include a zonal electrical architecture, in-house designed dual motors, and a redesigned thermal system. RIVN shares rose by 2.10% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2024 | 5:42 pm

BA

Boeing's Starliner spacecraft has successfully docked with the International Space Station for the first time, marking a significant milestone for the company in its space endeavors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:35 pm

RIVN

Financial giants have shown a bullish interest in Rivian Automotive (NASDAQ:RIVN) through unusual options trades. Analysis reveals a mix of bullish and bearish sentiments, with a significant focus on call options. The targeted price range for Rivian is between $10.0 and $20.0. Analysts have mixed ratings, with an average price target of $12.25.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 5:31 pm

META

Meta Platforms announced that it will allow businesses to use free AI chatbots on WhatsApp to enhance the viability of their business units.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:31 pm

NVS

RHHBY

Italy's antitrust regulator is investigating Novartis AG and Roche Holdings AG-controlled Genentech for allegedly restricting competition in the sale of an eye drug, Byooviz. The probe focuses on potential delays in the Italian market launch of Byooviz, a biosimilar of Lucentis, due to coordinated strategies by these companies. The investigation could impact drug availability and prices for patients.

Portfolio Pulse from Vandana Singh

June 06, 2024 | 5:19 pm

NIO

NIO Inc (NYSE:NIO) has partnered with Melexis to integrate advanced current sensor chips into its electric vehicles, enhancing efficiency and reliability. Despite this positive development, NIO's shares are down 7.12% following a reported decline in revenue and vehicle deliveries for Q1 2024.

Portfolio Pulse from Shivani Kumaresan

June 06, 2024 | 5:11 pm

COIN

ETHUSD

The approval of the Spot Ethereum ETF has been accelerated due to a rapid shift in political sentiment. This ETF is expected to attract up to $4 billion in inflows within six months, potentially causing a supply shock and driving up Ethereum prices. The situation is similar to the Bitcoin ETF launch, which saw significant demand and inflows.

Portfolio Pulse from Khyathi Dalal

June 06, 2024 | 5:03 pm