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RIOT

Bitcoin Spot ETFs have experienced 17 consecutive days of inflows, totaling $15.3 billion year-to-date. This trend indicates strong investor interest in Bitcoin ETFs. Additionally, Ethereum ETF inflows are expected to impact Bitcoin and cryptocurrency prices. Riot Platforms has increased its stake in Bitfarms to 12%, stirring up the Bitcoin mining market.

Portfolio Pulse from Akanksha Bakshi

June 06, 2024 | 2:06 pm

RTX

Raytheon Technologies has successfully established communication with CubeSats for NASA's PREFIRE mission, which aims to measure Earth's heat emission from the Arctic and Antarctica.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:01 pm

MRNA

The FDA has selected Moderna's investigational therapeutic mRNA-3705 for the START pilot program, which aims to accelerate the development of treatments for rare diseases. This selection will enhance communication with the FDA and expedite the development of mRNA-3705, which is being investigated for methylmalonic acidemia (MMA).

Portfolio Pulse from Vandana Singh

June 06, 2024 | 1:59 pm

ADDYY

LULU

NKE

Lululemon Athletica Inc. (NASDAQ:LULU) surpassed Wall Street’s earnings and revenue estimates for its first fiscal quarter but issued a weak second quarter outlook due to a slowdown in the Americas. Despite this, Lululemon's stock jumped 10% in extended trading. The company faces challenges with inventory and growth in its largest market but expects improvements in the second half of the year. Nike (NYSE: NKE) and Adidas AG (OTC: ADDYY) are also mentioned as competitors facing their own challenges.

Portfolio Pulse from Upwallstreet

June 06, 2024 | 1:54 pm

BA

NASA's Boeing Crew Flight Test successfully rendezvoused and docked with the International Space Station (ISS) at approximately 12:15 p.m. EDT.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 1:53 pm

SGMT

Sagimet Biosciences Inc (NASDAQ:SGMT) presented promising data from its FASCINATE-2 Phase 2b clinical trial of denifanstat for MASH patients at the EASL Congress. The trial showed significant improvements in primary and secondary endpoints compared to placebo, with no serious adverse events reported.

Portfolio Pulse from Vandana Singh

June 06, 2024 | 1:52 pm

EADSY

Airbus (OTC:EADSY) has unveiled a new drone concept called Wingman at the ILA Berlin Air Show. The drone is designed to support manned fighter jets in high-risk missions and can perform tasks such as reconnaissance, jamming, and engaging targets. Airbus is partnering with AI defense company Helsing to develop AI technologies for the Wingman. This move comes as Airbus faces supply chain challenges and aims to diversify its portfolio.

Portfolio Pulse from Benzinga Neuro

June 06, 2024 | 1:51 pm

CRM

FDN

IGV

Salesforce Inc. (NYSE:CRM) shares are rising after announcing London as the location for its first AI center. The company aims to foster AI innovation and skill development. Salesforce is hosting 18,000 attendees at its annual London World Tour event. The company previously announced a $4 billion investment in Britain over five years. Analysts at Goldman Sachs see Salesforce as an 'under-appreciated generative AI winner' with room for margin expansion.

Portfolio Pulse from Shivani Kumaresan

June 06, 2024 | 1:43 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced a new contract for six K1 Hemisphere Autonomous Security Robots for the City of Phenix, Alabama, and a contract renewal for a K5 ASR in Nashville, Tennessee.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 1:42 pm

BYDDY

F

TSLA

BYD Co., Ltd. maintains its position as the world's second-largest EV battery manufacturer from January to April, with a significant increase in battery installations. Meanwhile, Tesla and Ford saw a decline in vehicle registrations in the UK in May.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2024 | 1:36 pm