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NKLA

Nikola Corporation (NKLA) and BayoTech, Inc. have announced a strategic supply agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets. The agreement includes Nikola Class 8 hydrogen fuel cell electric trucks, BayoTech HyFill™ bulk hydrogen transport trailers, and hydrogen produced at BayoTech's distributed network of hubs.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:56 am

META

TD Cowen has upgraded Meta's stock from Market Perform to Outperform and raised its price target from $220 to $345. Additionally, Meta is set to release a commercial AI model.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:38 am

HSBC

TSLA

HSBC analysts have identified several stocks that could benefit from Tesla's push into humanoid robots. The 'Tesla Bot' is expected to retail at around $20,000 per unit, significantly cheaper than Boston Dynamics' Atlas. HSBC analysts have identified five buy-rated stocks expected to be in the supply chain for such robots: Keyence, LG Energy Solution, Inovance, Contemporary Amperex Technology (CATL), and Zhejiang Sanhua.

Portfolio Pulse from Benzinga Newsbot

July 13, 2023 | 11:34 am

DFLI

Dragonfly Energy is set to be granted a US patent for its innovative battery pack assembly design, specifically for the assembly case of the company's GC3 12V 270Ah LiFePO4 deep cycle battery. The patent is based on a notice of allowance from the United States Patent and Trademark Office.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:31 am

VSAT

Viasat reported an unexpected event during the deployment of a reflector that may impact the performance of its ViaSat-3 Americas satellite. This news has led to a decrease in Viasat's share price.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:31 am

AAPL

SONY

Sony Group Corp (NYSE:SONY) is offering PlayStation 5 users a free six-month subscription to Apple TV Plus (NASDAQ:AAPL). The offer is also extended to PlayStation 4 users, but they will receive a three-month subscription. The offer is available until July 31, 2023.

Portfolio Pulse from Rounak Jain

July 13, 2023 | 11:26 am

META

RBLX

Roblox Corp's online game will soon be available on Meta Platforms' Quest virtual reality headsets. The game will initially arrive as a beta version on Quest 2 and Quest Pro, and will also work on the upcoming Quest 3. Roblox's developer community can now optimize their games for Quest and build new ones for VR. Roblox shares are trading higher by 1.24% premarket.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 11:17 am

GOOG

MSFT

Google, a subsidiary of Alphabet Inc, is launching its artificial intelligence chatbot, Bard, in Europe and Brazil. This marks a significant expansion of the product since its February launch and puts it in competition with Microsoft-backed rival ChatGPT. Google has added new features to Bard, which are available worldwide. Despite initial opposition from local privacy regulators in the EU, Google has reassured them on transparency and other issues, allowing users to opt out of data collection.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 11:14 am

BABA

BIDU

JD

JD.com Inc is developing artificial intelligence applications similar to OpenAI's ChatGPT. The company plans to launch a service called ChatRhino for use in e-commerce, logistics, and marketing. The service will be extended to enterprise clients in the first half of 2024. JD.com's stock is trading higher by 3.02% at $38.53 in premarket trading.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 11:11 am

FWBI

First Wave Biopharma has received topline results from its Phase 2 SPAN trial of formulated Adrulipase for Exocrine Pancreatic Insufficiency in Cystic Fibrosis patients. The preliminary data suggests that it is unlikely the primary efficacy endpoint was achieved.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:04 am