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AAPL

Apple Inc. (NASDAQ:AAPL) is expected to unveil AI enhancements in its upcoming iPhone models at the WWDC 2024. Analysts predict these AI features could drive a multi-year upgrade cycle, potentially increasing iPhone unit sales by 9% by September 2025. However, the mature smartphone market poses challenges.

Portfolio Pulse from Shivani Kumaresan

June 07, 2024 | 3:52 pm

Financial giants have shown a bullish stance on Visa (NYSE:V) with 8 unusual options trades. 62% of traders were bullish, targeting a price range of $200 to $320. Visa's stock is currently up by 0.73% at $279.07, with an average price target of $322.0 from analysts.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 3:46 pm

NIO

TSLA

XPEV

Nio Inc (NYSE:NIO) reported its unaudited first fiscal quarter results, showing a widened net loss despite improved margins. The company provided an optimistic Q2 outlook with significant YoY growth in EV deliveries. Nio, along with Li Auto (NASDAQ:LI) and XPeng Inc (NYSE:XPEV), recorded YoY growth in May 2024 deliveries, with Nio achieving triple-digit percentage gains. Tesla Inc (NASDAQ:TSLA) recalled 125,000 EVs.

Portfolio Pulse from Upwallstreet

June 07, 2024 | 3:43 pm

GOOG

GOOGL

Google announced that in June 2024, it will update its Advertiser Verification Program to include a new optional verification process. This new process will allow advertisers to verify their affiliation with the organization they are representing.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 3:28 pm

APD

IBAT

IYM

TTE

Air Products and Chemicals, Inc. (NYSE:APD) shares are trading higher after signing a 15-year agreement with TotalEnergies SE (NYSE:TTE) to supply 70,000 tons of green hydrogen annually in Europe starting in 2030. This deal supports TotalEnergies' goal of reducing net greenhouse gas emissions by 40% by 2030. Additionally, Air Products has committed over $15 billion to energy transition projects and signed a memorandum of understanding with TotalEnergies for renewable power supply.

Portfolio Pulse from Lekha Gupta

June 07, 2024 | 3:27 pm

ACB

CGC

CURLF

TLRY

Germany has set a THC limit of 3.5 nanograms per milliliter for drivers, equivalent to 20 milligrams of alcohol per 100 milliliters of blood. The new law also prohibits alcohol consumption for drivers who have used cannabis. The Bundestag's decision has faced opposition from the conservative Union Fraction (CDU/CSU). Additionally, federal states will have more rights to regulate official growers associations starting July 1. Major cannabis companies operating in Germany include Aurora Cannabis Inc. (NASDAQ:ACB), Canopy Growth Corporation (NASDAQ:CGC), Tilray Brands, Inc. (NASDAQ:TLRY), and Curaleaf Holdings, Inc. (OTC:CURLF).

Portfolio Pulse from Jelena Martinovic

June 07, 2024 | 3:22 pm

CMCSA

ELV

INTU

SSD

WDAY

Benzinga's 'Stock Whisper' Index highlights five stocks that are gaining interest among investors: Elevance Health, Comcast Corporation, Intuit, Workday Inc, and Simpson Manufacturing Company. These stocks are being monitored due to recent events, presentations, and potential future developments.

Portfolio Pulse from Chris Katje

June 07, 2024 | 3:13 pm

CSIQ

FSLR

JKS

RUN

The US is moving closer to imposing tariffs on Asian solar panels following a recent agency vote. This decision could impact several US-listed companies involved in the solar industry.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 3:04 pm

AAPL

Apple's upcoming WWDC is crucial for its future amid the AI revolution. Analysts emphasize the need for Apple to demonstrate a clear vision for AI, especially with increasing competition from Google, Samsung, and Huawei. Apple plans to introduce 'Apple Intelligence' at WWDC 2024, featuring advanced AI capabilities for its devices.

Portfolio Pulse from Rounak Jain

June 07, 2024 | 3:00 pm

BTCUSD

DOTUSD

ETHUSD

SOLUSD

Veteran trader Capo of Crypto predicts a strong performance for altcoins in June, driven by the success of Bitcoin spot ETFs and the upcoming launch of Ethereum spot ETFs. Despite recent underperformance, altcoins like Ethereum, Solana, and Polkadot could see renewed interest and investment.

Portfolio Pulse from Khyathi Dalal

June 07, 2024 | 2:54 pm