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XOM

CGT Union members have blocked trucks from leaving Exxon Mobil's Port Jerome refinery due to a strike, affecting petrol transportation. The action will continue until management resumes negotiations.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 3:06 pm

EIPX

KEAT

TTE

TotalEnergies SE (NYSE:TTE) has won a significant maritime concession in Germany, paving the way for a 3.5 GW offshore wind hub in the German North Sea. The project involves substantial financial commitments and is part of a broader strategy to expand renewable energy operations in Germany.

Portfolio Pulse from Lekha Gupta

June 21, 2024 | 3:05 pm

MSFT

OpenAI has acquired Rockset and plans to integrate Rockset's technology to enhance its retrieval infrastructure across its products. Members of Rockset's team will also join OpenAI.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 3:03 pm

CLOV

Clover Health Investments (NASDAQ:CLOV) shares are trading higher after co-founder Vivek Garipalli purchased over $1 million worth of shares. The stock has seen a significant increase in trading volume and has risen 32% to $1.36. The company also recently launched its clinical decision support tool, Clover Assistant, under the brand name Counterpart Assistant.

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 2:57 pm

BTI

The FDA has authorized the marketing of four menthol-flavored e-cigarette products after an extensive scientific review. This decision could impact companies involved in the e-cigarette market.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:55 pm

AMD

ASML

INTC

NVDA

Intel Corp (NASDAQ:INTC) is making significant efforts to revamp its operations with an $8.5 billion boost from the CHIPS Act, aiming to rival Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD). Despite skepticism from Redditors, Intel's CEO Pat Gelsinger is focused on turning the company around by ramping up fab construction and securing cutting-edge technology.

Portfolio Pulse from Surbhi Jain

June 21, 2024 | 2:51 pm

KRKR

36Kr Holdings Inc. (NASDAQ:KRKR) shares surged 14.9% after announcing a strategic partnership with SenseTime to integrate Artificial General Intelligence (AGI) technology into media content production. This collaboration aims to enhance content creation efficiency and introduce AI-driven products like 'AI Media Coverage' and 'AI Financial Report Interpretation.'

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 2:51 pm

SHOP

Shopify has announced a major event on June 24, 2024, where it will unveil over 150 new product updates and features, aiming to make its platform more intuitive, powerful, and unified.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:46 pm

ASAN

CLOV

HTZ

SPR

SRPT

U.S. stocks were mixed on Friday, with the Dow Jones index gaining around 50 points. Notable stock movements included Asana's 13.4% rise following a $150 million share repurchase program, Sarepta Therapeutics' 39.2% jump after FDA approval, and Clover Health's 31% gain due to insider buying. Other significant gainers included Hertz Global, Avid Bioservices, Cabaletta Bio, ADTRAN Holdings, Studio City International, Codere Online Luxembourg, Methode Electronics, Ironwood Pharmaceuticals, Enviri Corporation, PTC Therapeutics, and Spirit AeroSystems.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 2:45 pm

AAPL

BABA

BIDU

VGT

VUG

Apple Inc. (NASDAQ:AAPL) is in talks with Chinese companies like Baidu Inc. (NASDAQ:BIDU) and Alibaba Group Holding Limited (NYSE:BABA) to integrate AI functions into its devices sold in China. This comes after Apple found it unlikely to get approval for a foreign large language model in China. The region is crucial for Apple, accounting for 18% of its global revenue. Apple faces increasing competition from local brands, with its market share expected to drop to 16% this year. Investors can gain exposure to Apple through ETFs like Vanguard Growth ETF (NYSE:VUG) and Vanguard Information Tech ETF (NYSE:VGT).

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 2:43 pm