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CAG

HLF

KO

LLY

NSRGY

Nestlé SA has launched Vital Pursuit, a new food line aimed at users of GLP-1 weight loss medications, but will avoid mentioning the drugs on packaging to sidestep regulatory issues. Other companies like Herbalife, Coca-Cola, and Conagra are also targeting this market with varying strategies.

Portfolio Pulse from Vandana Singh

June 21, 2024 | 10:18 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) has agreed to acquire Shoreline.io, a software startup, for $100 million. This acquisition aims to diversify Nvidia's revenue sources and reduce reliance on major cloud computing players like Microsoft and Amazon. Shoreline.io specializes in software that automates issue resolution in computer systems.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 10:15 am

CDZI

Cadiz Inc. has announced a new 50-year water delivery partnership with the Santa Margarita Water District. This agreement will enable the delivery of water from the Cadiz Water Supply and Storage Project through the company's Northern Pipeline.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:05 am

JKS

JinkoSolar has signed an agreement to supply large-scale battery storage solutions to SunTera for use at Athens International Airport.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:02 am

CURI

Curiosity Stream has announced a new distribution partnership with Harbour Rights, a Hong Kong-based international distribution company. This deal will expand Curiosity Stream's reach across various platforms in Asia, including TV, VOD, and inflight entertainment.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:02 am

AMZN

Amazon is considering introducing a $5 to $10 monthly fee for its Alexa service, which will feature revamped AI capabilities. This move could potentially generate new revenue streams for the company.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:01 am

BYDDF

BYDDY

Canada is considering imposing tariffs on Chinese-made electric vehicles, following similar actions by the U.S. and the EU. This move aims to address China's overproduction of EVs and protect domestic industries.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 9:58 am

AVGO

HPE

IWF

MSFT

NVDA

ORCL

TSM

VGT

Nvidia CEO Jensen Huang predicts a $1 trillion investment in data centers for AI over the next 4-5 years. Key players like TSM, AVGO, ORCL, MSFT, and HPE are also seeing significant impacts from AI developments. Nvidia's stock has surged 204% in the last year, with ETFs like IWF and VGT offering exposure.

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 9:58 am

MA

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China has requested Visa Inc. and Mastercard Inc. to reduce their bank card transaction fees for foreign card transactions. The Payment & Clearing Association of China is negotiating with these companies to lower fees from 2-3% to 1.5%. This initiative aims to simplify payments for international visitors in China.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 9:51 am

TSLA

Tesla Inc (NASDAQ:TSLA) has set up a new 24/7 supercharger with 16 stalls at Boca Chica Boulevard in Brownsville, Texas, near SpaceX's Starbase facility. This move aims to boost tourism at Starbase, where Elon Musk is ramping up efforts to attract visitors. The economic impact of tourism at Starbase is estimated to be over $99 million in 2025.

Portfolio Pulse from Anan Ashraf

June 21, 2024 | 9:37 am