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URAA

Direxion has launched a new ETF, the Direxion Daily Uranium Industry Bull 2X Shares (NYSE:URAA), which offers 200% exposure to the daily performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index. This ETF aims to capitalize on the booming uranium market, characterized by soaring prices and a significant supply-demand gap. The ETF includes over 50 companies involved in uranium mining and nuclear energy production.

Portfolio Pulse from Surbhi Jain

June 26, 2024 | 1:00 pm

ANSS

Ansys' power integrity solutions, RedHawk-SC and Totem, have been certified by Samsung Foundry for use with Samsung's new SF2Z 2nm gate-all-around manufacturing technology. This certification enables early adopters to design advanced semiconductor products for various high-performance applications.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 1:00 pm

AAPL

GOOG

GOOGL

SPOT

WMG

YouTube is negotiating with record labels to develop new AI music tools. This move aims to enhance user experience and create new revenue streams. The development could impact companies like Alphabet (GOOG, GOOGL), Apple (AAPL), Spotify (SPOT), and Warner Music Group (WMG).

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:53 pm

SILO

Silo Pharma has awarded a contract to its Contract Research Organization partner, AmplifyBio, for an IND-enabling large animal GLP study of SPC-15, a novel intranasal therapeutic for PTSD. This study advances SPC-15 towards its first-in-human trial.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:52 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares are experiencing volatility after a significant rise. The company announced a Memorandum of Understanding (MOU) with Elentec Co, a battery pack manufacturer, to support its growth and accelerate R&D and commercialization efforts. This follows a previous agreement with a leading California-based tech company for silicon batteries for a mixed reality headset.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 12:44 pm

GM

TSLA

General Motors' autonomous driving unit, Cruise, has appointed Marc Whitten as its new CEO, effective June 16, as it seeks to resume its robotaxi operations. The company had suspended operations following an accident but has resumed manual driving in Phoenix and Dallas. GM is investing $850 million to cover Cruise's operating costs and is seeking external financing. Tesla is also preparing to unveil its robotaxi offering on August 8.

Portfolio Pulse from Anan Ashraf

June 26, 2024 | 12:41 pm

BHP

BHP Group Ltd (NYSE:BHP) anticipates an increase in carbon emissions for 2024 due to organic growth and lower metal content in extracted ore. Despite this, BHP remains committed to reducing its operational greenhouse gas emissions by 30% from 2020 levels by 2030. The company plans to increase the use of solar power and transition to full-battery electric trucks. BHP also aims to collaborate with steel producers to reduce emissions intensity by 30% by 2030 and is considering ammonia-fueled ships and methane drainage to cut emissions in shipping and coal mining.

Portfolio Pulse from Stjepan Kalinic

June 26, 2024 | 12:40 pm

CBUS

Cibus has expanded its intellectual property coverage by securing additional patents for 10 plant trait and editing families. This strengthens its portfolio in areas such as pod shatter reduction, herbicide tolerances, high fiber wheat, and improved quality alfalfa. The patents cover regions including Europe, Asia, Latin America, Canada, and the U.S.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:40 pm

RWLK

ReWalk Robotics has launched the new AlterG NEO Anti-Gravity Treadmill, which combines a user-friendly design with trusted anti-gravity technology for rehabilitation and training. The cost-effective price aims to make this technology accessible to more clinics and facilities.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:38 pm

WKHS

Workhorse Group Inc. (Nasdaq: WKHS) has expanded its certified dealer network by adding Eco Auto of North Boston, marking its 13th dealer nationwide and the first in the Greater Boston area. This move is part of Workhorse's strategy to pioneer the transition to zero-emission commercial vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:38 pm