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AMZN

Zoox, a subsidiary of Amazon, is set to begin testing its self-driving cars in Austin and Miami. This marks a significant step in Zoox's development of autonomous vehicle technology. The tests will help Zoox gather data and refine its technology for future deployment.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:02 pm

BLK

COIN

SEC Chair Gary Gensler has indicated that the approval of spot Ether ETFs might face delays, despite recent 19b-4 filings approvals for several major asset managers. This cautious approach could impact the timeline for listing and trading these ETFs on U.S. exchanges.

Portfolio Pulse from Murtuza Merchant

June 05, 2024 | 6:00 pm

NEXT

TELL

Saudi Aramco is in discussions with Tellurian Inc. and NextDecade Corporation regarding LNG projects. Aramco aims to acquire a stake in Tellurian's Driftwood LNG plant and negotiate a long-term gas purchase agreement with NextDecade for its Rio Grande facility. These moves are part of Aramco's strategy to strengthen its position in the growing LNG market.

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 5:48 pm

FLGC

IMCC

Lifeist Wellness Inc. has sold its Australian subsidiary, Australian Vaporizers Pty Ltd., to Flora Growth Corp. for CA$900,000, payable in Flora's common shares. IM Cannabis Corp. is strengthening its supply chain in Germany following recent cannabis legalization. Flora Growth's shares fell by 1.73%, and IM Cannabis shares dropped by 4.20% following the news.

Portfolio Pulse from Jelena Martinovic

June 05, 2024 | 5:48 pm

STLA

Stellantis is expanding a large-scale recall due to defective airbags, now affecting 8 million vehicles in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:47 pm

AEHR

AMKR

CAMT

ENTG

FORM

KLIC

MKSI

MPWR

RMBS

SYNA

TER

Shares of semiconductor stocks are trading higher, driven by the broader chip sector's gains this year amid AI momentum.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:46 pm

HMC

Honda Motor has started production of its new 2025 CR-V E:FCEV fuel cell electric vehicle at the Performance Manufacturing Center in Marysville, Ohio.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:45 pm

AMC

ARM

ASML

AVGO

BF

CPB

CRWD

DIA

DLTR

GME

HPE

MU

NVDA

OLLI

QQQ

SOXX

SPY

XLP

XLRE

The Nasdaq 100 reached record highs driven by strong service sector performance and tech stock gains. The Magnificent Seven hit a $15 trillion valuation, and the iShares Semiconductor ETF (SOXX) had its best day in three months. Major indices and ETFs, including SPY, DIA, and QQQ, saw gains. Key stock movers included HPE, CRWD, DLTR, BF, CPB, OLLI, GME, AMC, ASML, ARM, AVGO, MU, and NVDA.

Portfolio Pulse from Piero Cingari

June 05, 2024 | 5:43 pm

AVGR

Avinger shares are trading higher following the company's announcement to increase focus on its coronary artery disease program.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:38 pm

SHOT

Safety Shot has announced the availability of its products in New York and New Jersey through boutique broker Prime CSB, as part of its Northeast expansion plan.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:38 pm