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TSLA

A fire at Tesla's Fremont factory was quickly contained with no injuries reported. The cause is under investigation. The factory is a major production site for Tesla's vehicles.

Portfolio Pulse from Anan Ashraf

May 21, 2024 | 7:43 am

EIX

Southern California Edison and Lotus Infrastructure Partners have been selected by CAISO to develop a major transmission project between San Diego and Orange Counties. The project will deliver energy from renewable sources to Southern California.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 7:22 am

BTCUSD

MSTR

Michael Saylor, co-founder of MicroStrategy Inc. (NASDAQ:MSTR), highlighted Bitcoin's (BTC) recent surge and its potential to reach new all-time highs. Bitcoin's price recently rose above $71,000, and MicroStrategy shares increased by 9%. Analysts predict further growth for Bitcoin, with some forecasts reaching up to $2.3 million by 2030.

Portfolio Pulse from Aniket Verma

May 21, 2024 | 7:19 am

LUV

Southwest Airlines is seeking approval from the U.S. Department of Transportation to offer daily nonstop service between Washington National Airport (DCA) and Las Vegas (LAS). This new service aims to provide more choices and competition on a route currently served by only one daily flight from another airline. If approved, Southwest plans to offer lower average fares and convenient connections from LAS to various destinations, including Hawaii.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 7:12 am

ALVO

TEVA

Teva and Alvotech have announced the U.S. launch of Simlandi (adalimumab-ryvk), the first interchangeable high-concentration, citrate-free biosimilar to Humira.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:57 am

AZN

AstraZeneca aims to achieve $80 billion in revenue by 2030 through the launch of 20 new medicines, significant growth in oncology, biopharmaceuticals, and rare disease portfolios, and investments in disruptive innovation. The company also plans to decouple carbon emissions from revenue growth.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:13 am

AAPL

MSFT

Microsoft has unveiled new AI-powered Surface notebooks, claiming they are 58% faster than Apple's M3 MacBook Air. These new devices, equipped with Qualcomm's Snapdragon X series chips, feature a neural processing unit (NPU) for enhanced AI capabilities. Microsoft CEO Satya Nadella asserts that these notebooks offer the best specs in terms of ARM-based silicon and performance.

Portfolio Pulse from Ananya Gairola

May 21, 2024 | 6:06 am

SHLT

SHL Telemedicine is expanding its offerings in Israel by introducing a groundbreaking at-home Biomarker blood test. This new service will allow users to perform the test at home, guided by SHL's medical team, following ECG tests using The SmartHeart® for rapid heart attack detection.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:03 am

AMC

GME

Anthony Scaramucci has labeled the recent surge in meme stocks, particularly GameStop (GME) and AMC Entertainment (AMC), as the 'French Revolution of Finance.' He cautions investors to be careful, predicting a volatile ride ahead. Despite a pullback last week, both stocks resumed their rally on Monday, with GME up 4.19% and AMC up 9.77%.

Portfolio Pulse from Shanthi Rexaline

May 21, 2024 | 5:58 am

SNY

Sanofi, Formation Bio, and OpenAI have announced a collaboration to develop AI-powered software aimed at accelerating drug development and enhancing patient access to new medicines. Sanofi will provide proprietary data to develop AI models, aiming to become the first biopharma company powered by AI at scale.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 5:48 am