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MULN

Mullen Automotive has announced a sales and service agreement with Papé Kenworth, significantly expanding its commercial EV dealer network. Papé Group operates 150 locations across nine states, providing Mullen with access to over 815 service bays and 1,500 technicians.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:03 pm

TER

Teradyne Robotics and Siemens have announced a strategic collaboration to demonstrate the future of automation at the Siemens Experience Center in the MxD Innovation Hub, Chicago. This partnership aims to showcase advanced automation technologies.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:02 pm

ATHA

Athira Pharma is focusing on advancing ATH-1105 for neurodegenerative diseases, including ALS and AD, while reducing its workforce by 70% to save costs. The company expects one-time costs of $2.8M and annual savings of $13.4M, extending its cash runway into Q1 2026.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:02 pm

Micron has launched the Crucial P310 2280 Gen4 SSD, expanding its SSD portfolio. The new SSD offers up to 2TB capacity and speeds of 7,100 MB/s, targeting gamers, creators, and students.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:01 pm

PHG

Philips has received FDA approval for its enhanced 160cm LumiGuide Guidewire, marking a milestone with the 1000th procedure using its Fiber Optic RealShape (FORS) technology. The first use of this guidewire was by vascular surgeon Carlos Timaran for a complex aortic repair.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:00 pm

AAPL

QCOM

Qualcomm faces potential revenue loss from Apple's in-house modem development but sees growth opportunities with Samsung and in sectors like automotive and IoT. Analyst Samik Chatterjee from JPMorgan highlights the potential for Qualcomm to regain market share with Samsung, which could offset losses from Apple.

Portfolio Pulse from Surbhi Jain

September 17, 2024 | 12:58 pm

ABBV

Ripple Therapeutics has entered into a collaboration and option-to-license agreement with AbbVie to develop biodegradable sustained release drug delivery implants for glaucoma management. This partnership aims to enhance treatment options for glaucoma patients.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:52 pm

ALIT

HLF

HPE

MSFT

NEE

Jim Cramer on CNBC's 'Mad Money Lightning Round' discussed several stocks. He views Hewlett Packard Enterprise as a 'very inexpensive' stock at $17. Microsoft announced a $60 billion share repurchase program and a 10% dividend increase. NextEra Energy is seen as a 'red hot stock' with potential to go higher. Alight has not been profitable, and Herbalife is considered too controversial with no growth.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 12:52 pm

AMZN

INTC

TRFK

TSM

WISE

Intel Corp (NASDAQ:INTC) stock rose after CEO Pat Gelsinger announced a restructuring plan, including a multi-billion-dollar chipmaking deal with Amazon and a U.S. semiconductor grant. Intel plans to convert its foundry business into an independent unit and explore a spinoff. The company also secured $3 billion in funding under the CHIPS Act and will produce AI chips for Amazon. Intel's stock has dropped 45% in the past year due to challenges in capitalizing on AI trends.

Portfolio Pulse from Anusuya Lahiri

September 17, 2024 | 12:47 pm

AEHL

Antelope Enterprise Holdings Limited (AEHL) plans to enter the energy sector by producing electricity with natural gas generators in Texas, aiming to support the growing computing power industry.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:46 pm