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The 2024 U.S. Presidential election could significantly impact the energy sector, with different outcomes for clean and traditional energy depending on whether Joe Biden or Donald Trump wins. A Biden presidency with a split Congress is seen as low risk for clean energy, while a Trump presidency with a Republican Congress poses the highest risk. Investors in various energy ETFs should consider these potential shifts.

Portfolio Pulse from Surbhi Jain

May 30, 2024 | 1:53 pm

MRNA

SPY

The U.S. government is reportedly close to finalizing a deal to fund Moderna's bird flu vaccine trial, according to the Financial Times.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:52 pm

NIO

NIO Inc. (NYSE:NIO) has partnered with SAIC Motor's IM Motors to integrate their EV charging networks, enhancing NIO's already extensive charging infrastructure in China. This collaboration allows IM Motors users to access NIO's charging stations, providing real-time information and seamless payment options. NIO's stock saw a slight increase following the news.

Portfolio Pulse from Nabaparna Bhattacharya

May 30, 2024 | 1:45 pm

META

Meta Platforms Inc.'s Instagram is expanding its 'Limits' feature to enhance user protection against online harassment, amid criticism over teen safety. This feature, initially for creators, is now available to all users and allows muting comments and direct messages from non-close friends. The move follows increased scrutiny from the U.S. government and a series of actions by Meta to improve child safety on its platforms.

Portfolio Pulse from Rounak Jain

May 30, 2024 | 1:38 pm

ETN

PLTR

Eaton and Palantir Technologies have expanded their partnership to enhance the use of AI in Eaton's global operations. This collaboration will leverage Palantir's Artificial Intelligence Platform (AIP) to modernize Eaton's ERP deployments and improve productivity and value delivery.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:36 pm

BA

ITA

PPA

SPR

Boeing is set to present a corrective action plan to the FAA to address quality issues in its factories, particularly concerning the 737 Max and 787 Dreamliners. This move aims to regain trust from stakeholders after a series of incidents and financial strains. Boeing's stock has dropped over 16% in the past year, and the company is projected to burn through $8 billion in cash in the first half of 2024.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 1:28 pm

BTCY

Biotricity has launched a new direct-to-patient cardiac screening service, expanding its offerings in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:20 pm

RCEL

AVITA Medical has received FDA approval for its RECELL GO System, a new device designed to treat burn injuries. This approval is expected to enhance the company's market position and potentially increase its revenue.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:19 pm

TSLA

Tesla Inc. (NASDAQ:TSLA) is preparing to register its 'Full Self-Driving' (FSD) software in China, aiming for a rollout by the end of the year. This move is part of Tesla's strategy to expand its self-driving technology globally and could provide a new revenue stream through a potential monthly subscription model. Successful registration will allow Tesla to test the software on public roads in China, marking a significant step in its second-largest market.

Portfolio Pulse from Benzinga Neuro

May 30, 2024 | 1:14 pm

BMEA

Biomea Fusion has completed enrollment of the first three dose expansion arms of its COVALENT-111 study, involving over 260 patients with Type 2 diabetes.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:14 pm