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AMZN

HCP

HashiCorp has signed a five-year strategic collaboration agreement with Amazon Web Services (AWS) to enhance infrastructure and security lifecycle management for customers. The partnership will focus on co-innovation and go-to-market strategies, including the co-development of Terraform policies for AWS.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:06 pm

CLIA

SEMI

STM

STMicroelectronics (NYSE:STM) and Geely Auto Group have signed a long-term Silicon Carbide (SiC) supply agreement, boosting STM's stock price. The deal aims to enhance SiC device collaboration for Geely's electric vehicles, improving performance and driving range. STM's stock gained 2.13% following the news.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 8:05 pm

KRMD

KORU Medical Systems has announced a collaboration with a global pharmaceutical company to conduct a feasibility study using its Freedom Infusion System for a subcutaneous oncology biologic drug.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:03 pm

AAPL

AMD

AMZN

ARM

GOOGL

META

MSFT

NVDA

QCOM

QQQ

SMH

SOXX

TSM

XLK

Nvidia, AMD, Qualcomm, Micron, and Arm stocks are trading lower due to TSMC's plans to increase AI chip production prices. Big Tech stocks like Microsoft, Meta, Alphabet, Apple, and Amazon are also down. Semiconductor and Big Tech ETFs are affected as well.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 8:01 pm

MGRX

Mangoceuticals, Inc. (NASDAQ:MGRX) has received a Notice of Allowance for a Japanese patent application for its preventive care technology. This follows the company's acquisition of a global patent portfolio from Intramont Technologies, expanding its protection for formulations combating infections.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:00 pm

CRWD

EWW

Indian stocks fell due to election results, natural gas prices dropped on reports that a Norway pipeline could be repaired by Friday, and Crowdstrike is set to report earnings after the close.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:00 pm

VLD

Velo3D has been granted U.S. Patent #11999110 for 'Quality Assurance in Formation of Three-Dimensional Objects'. This patent could enhance Velo3D's technological capabilities and market position in the 3D printing industry.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:59 pm

GILD

The National Institutes of Health (NIH) has initiated two clinical trials to evaluate Gilead Sciences' long-acting HIV prevention injection, lenacapavir. These trials will focus on cisgender women and people who inject drugs. Gilead Sciences (NASDAQ:GILD) is sponsoring and funding the studies, which are part of the HIV Prevention Trials Network (HPTN). The trials will assess the safety, acceptability, and pharmacokinetics of lenacapavir, which is administered every six months. GILD shares are up 1.06% following the announcement.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 7:57 pm

EZFL

TGS

Shares of gas companies are trading lower amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:54 pm

AAPL

FCUS

INTC

NVDA

SMCI

TSM

ULTY

Super Micro Computer, Inc. (NASDAQ: SMCI) stock traded lower on Tuesday due to broader semiconductor industry trends and Taiwan Semiconductor Manufacturing Co.'s (NYSE: TSM) potential price hikes for AI chip production. At Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ: INTC) processors. The company also partnered with Foxconn, KDDI, and Sharp to build an AI data center in Japan using Nvidia Corp's (NASDAQ: NVDA) chips. Supermicro stock has gained 245% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 7:50 pm