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HII

Huntington Ingalls Industries Inc (NYSE:HII) has formed a strategic partnership with Babcock International Group to explore naval and civil nuclear decommissioning and construction opportunities in the U.K. and U.S. The partnership will also explore opportunities in civil nuclear, including power plant and component design, fabrication and construction in North America and the U.K. They will also look into how their defense capabilities can support the Australia - United Kingdom – United States (AUKUS) programs.

Portfolio Pulse from Shivani Kumaresan

July 17, 2023 | 1:22 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII) has launched VLN® King cigarettes, a reduced nicotine combustible cigarette, in California. The product contains 95% less nicotine than conventional cigarettes and has received FDA approval as a modified risk tobacco product. The company aims to help smokers reduce their nicotine exposure and dependence. The product will be available in more than 275 sites of the leading convenience store in the US and other stores across California.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:21 pm

AMD

SSNLF

TSM

DigiTimes has reported that Advanced Micro Devices (AMD) is unlikely to shift its 3nm chip orders to Samsung (SSNLF), according to sources. This suggests that AMD will continue its partnership with Taiwan Semiconductor Manufacturing Company (TSM).

Portfolio Pulse from Charles Gross

July 17, 2023 | 1:17 pm

F

RIVN

Rivian Automotive Inc's shares are declining due to Ford Motor Co's announcement of price cuts for its F-150 Lightning truck. Ford's move is aimed at sparking increased demand for its electric truck. Rivian's R1T was the best-selling electric pickup in the U.S. in the first half of 2023. Rivian's stock has risen over 65% in the last month, but is reacting negatively to Ford's news.

Portfolio Pulse from Adam Eckert

July 17, 2023 | 1:15 pm

FSR

INDA

Fisker Inc. (NYSE:FSR) plans to produce 100 Fisker Extreme Vigyan Edition all-electric SUVs for the Indian market. The company expects to complete the homologation process by September and commence deliveries in Q4 2023. The pricing in India will align with European pricing. The Fisker Ocean Extreme Vigyan Edition is named after the company's India subsidiary.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:10 pm

BGXX

Bright Green Corporation (NASDAQ:BGXX) has announced plans to launch a program to support up to 170 universities for cannabis research in the U.S. The company also plans to extend its EB-5 initiative to enable foreign students studying in the U.S. to access EB-5 visas. The EB-5 initiative will provide the benefits of U.S. citizenship to the students and provide capital to the company.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:08 pm

QDEL

Quidel Cardiovascular Inc. is recalling its Quidel Triage Cardiac Panel due to the risk of false negative troponin results that could lead to delayed or missed diagnosis of myocardial infarction. The FDA has classified this as a Class I recall, the most serious type. The company has reported 41 complaints but no injuries or deaths related to this issue. The recall affects 7,799 devices in the U.S. distributed since November 1, 2022.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:06 pm

SYF

Synchrony (SYF) has expanded its partnership with At Home to offer customers more payment options and flexibility. The retailer has selected Synchrony as the exclusive provider of a buy now, pay later financing option, Synchrony Pay Later. This product will be in addition to the At Home Insider Perks® credit card. Customers will also now be able to add the At Home Insider Perks® credit card to certain mobile wallets for a more convenient way to pay.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:03 pm

BRQS

Borqs Technologies is developing an edge AI-enabled smart watch for the U.S. market. The smart watch is designed to assist seniors and has sufficient computational power for machine learning and AI. The North America Smart Watch Market is expected to grow from USD 39.75 billion in 2023 to USD 85.71 billion by 2028, at a CAGR of 16.61%.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 1:03 pm

WIX

Wix.com Ltd (NASDAQ:WIX) has announced plans to launch the AI Site Generator and a suite of AI-powered capabilities to streamline the website-building, design, and management process. The new features include AI Site Generator, AI Assistant Tool for Managing your Business, AI Page Section Creator, and Object Eraser. WIX shares traded higher by 0.81% at $80.02 premarket on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

July 17, 2023 | 1:00 pm