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SLP

Simulations Plus has acquired Pro-ficiency for $100 million, expanding its capabilities across the drug development spectrum. This acquisition enhances Simulations Plus' offerings in clinical trial operations, medical affairs, and commercial market launches, integrating AI technologies for improved training, data analytics, and outcomes.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:02 pm

FOX

FOXA

Fox Corporation has expanded its partnership with FreeWheel to enhance dynamic ad insertion and co-develop targeting technology. FreeWheel will become the primary ad serving partner for One FOX Enterprise.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:02 pm

ATOMUSD

ETHUSD

LINKUSD

MATICUSD

SOLUSD

Crypto analyst Stockmoney Lizards highlights five critical trends in the current altcoin cycle, emphasizing the importance of newer coins, technological superiority, narrative-driven markets, fundamental analysis, and practical use cases. He notes that newer coins like Injective, Sui, Render, and Fetch.ai have outperformed older altcoins such as Polygon, Cosmos, and Chainlink. Solana and Ethereum are highlighted for their technological advantages and practical use cases.

Portfolio Pulse from Khyathi Dalal

June 12, 2024 | 11:59 am

MSFT

Microsoft's stock has surged 15% year-to-date, driven by its partnership with OpenAI and strategic shifts in privacy and AI. Despite privacy concerns over the Windows Recall feature, the company has shown responsiveness by changing its deployment strategy. The stock has seen a 4.3% increase in June, closing at $432.68 on June 11.

Portfolio Pulse from Zaheer Anwari

June 12, 2024 | 11:59 am

AIXI

Xiao-I has announced a collaboration with a leading AI firm in the Middle East to expand its presence in the UAE market. This partnership aims to leverage AI technologies to enhance various sectors in the region.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:48 am

NXPI

SOXX

TSM

VWO

Taiwan Semiconductor Manufacturing Co (TSMC) plans to hire 2,000 employees in Europe through its subsidiary, European Semiconductor Manufacturing Co (ESMC). This move is part of a joint venture with Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors NV. The joint venture aims to build a 12-inch wafer fab in Dresden, with mass production expected by the end of 2027. TSMC has seen significant growth, with a 30% sales increase in May and a 55% stock gain over the last 12 months.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 11:46 am

REAX

The Real Brokerage has launched the Real Partners Program, aimed at helping agents expand their personal brand, strengthen client relationships, and achieve business objectives.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:41 am

LTRN

Lantern estimates that their drug LP-284 has the potential to improve outcomes for 40,000 to 80,000 patients with blood cancers annually, with a global annual market potential of $4 billion.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:40 am

ARAY

Accuray Incorporated (NASDAQ:ARAY) has received approval from the Chinese National Medical Products Administration for its Precision Treatment Planning System. This approval allows the system to be used with the CNNC-Accuray joint venture Tomo® C radiation therapy system, expanding cancer care options in China.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:39 am

DNNGY

TSLA

Orsted (OTC:DNNGY) is investing in a Tesla (NASDAQ:TSLA) battery energy storage system to stabilize the U.K. energy supply and reduce price volatility. The system will be installed at the Hornsea 3 Offshore Wind Farm and is expected to be operational by the end of 2026.

Portfolio Pulse from Lekha Gupta

June 12, 2024 | 11:38 am