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BRQS

Borqs Technologies, in partnership with SkyCentrics, has launched the next generation CTA-2045 ECOPORT communication products. The products, used for smart management of water heaters, pool pumps, and other EcoPorts, are expected to start commercial shipment in Q3 2023. The new products are more price competitive and have better cellular coverage. Borqs' shares are trading higher by 29.5%.

Portfolio Pulse from Nabaparna Bhattacharya

July 06, 2023 | 2:18 pm

FUBO

FuboTV Inc. (NYSE:FUBO) has appointed Dan Sormaz as senior vice president, design. Sormaz, a veteran from Spotify, Sorare, and Boxee, will lead Fubo's product design operations. His appointment comes as Fubo continues to enhance its live TV streaming products, leveraging its proprietary AI and computer vision technology acquired from Edisn.ai in 2021. Fubo aims to provide the most intuitive and personalized TV experience for consumers.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 2:09 pm

LLAP

Terran Orbital Corporation (NYSE:LLAP) congratulated its customer Rivada Space Networks for receiving a waiver from the International Telecommunications Union (ITU). The waiver allows Rivada to delay the launch of the first 10% of its planned satellite constellation until 2026. This is also a significant milestone for Terran Orbital, as it allows the company to continue the development and manufacture of its first tranche of satellites for Rivada under a $2.4 billion contract.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:54 pm

NVAX

Novavax, Inc. (NASDAQ:NVAX) has received full Marketing Authorization (MA) from the European Commission for its COVID-19 vaccine, Nuvaxovid. The vaccine is now fully authorized for use as a primary series in individuals aged 12 and older and as a booster dose in adults aged 18 and older. The company is also preparing to file for full approval in the U.S. and other markets.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:49 pm

META

TWTR

Twitter co-founder Jack Dorsey has expressed his wish for social media platforms to adopt decentralized protocols like Nostr. He hopes that Twitter will adopt the protocol before Meta Platforms Inc.'s newly-launched app Threads. Dorsey has criticized Threads' privacy-invading policy and believes that using the Nostr protocol would help preserve user privacy. Threads has announced that future versions of the app will be compatible with the 'fediverse' protocol.

Portfolio Pulse from Rounak Jain

July 06, 2023 | 1:41 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP), a developer of autonomous security robots and blue light emergency communication systems, announced two new sales for a K5 Autonomous Security Robot (ASR) and two K1 Call Boxes. One of the largest churches in the US will deploy a K5 ASR to patrol its Arizona campus. A northern California county expanded its emergency communications services with two new K1 Call Boxes.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:41 pm

META

Meta Platforms Inc.'s latest app Threads has become the fastest app to cross the 1 million users mark, beating ChatGPT's record. Threads reached the milestone in one hour and crossed 10 million users in seven hours. The app's rapid growth may have been fueled by recent decisions by Elon Musk that made Twitter inaccessible to millions of users.

Portfolio Pulse from Rounak Jain

July 06, 2023 | 1:39 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) has signed an agreement with AAA to become a preferred supplier of electric vehicle (EV) charging equipment and services. The deal will allow Blink to offer its products and services to AAA service providers nationwide, expanding the range of EV charging solutions available to drivers and AAA members. Initially, the program will benefit 19 AAA clubs and affiliates at over 60,000 locations across the US.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:35 pm

BABA

BAC

BKE

COTY

FIS

GENI

GM

GOOG

JBLU

MARA

SSNLF

STLA

TSCDF

XOM

Several companies have made significant announcements. Google has criticized India's antitrust body for allegedly favoring Amazon. Samsung Electronics expects a 96% drop in Q2 profit due to an oversupply of chips. General Motors anticipates compliance challenges with new EPA emissions rules. Tesco plans to offer virtual GP appointments to its UK staff. Exxon anticipates a decrease in Q2 earnings due to lower natural gas prices and refining margins. Stellantis will resume construction at its battery plant in Windsor, Canada. Fidelity National is selling a 55% stake in Worldpay to GTCR. Bank of America plans to increase its dividend by 9%. Coty has raised its Q4 and FY23 outlook due to strong demand. Genius Sports has extended its deal with the NFL. Marathon Digital's June Bitcoin production has increased by 599% Y/Y. Buckle has reported a decline in June sales. Alibaba and other Chinese stocks are trading lower due to signs of a slowdown in mainland China. JetBlue plans job cuts in New York and Boston but assures no furloughs.

Portfolio Pulse from Vandana Singh

July 06, 2023 | 1:34 pm

ATXG

Addentax Group has partnered with GW Reader Sdn Bhd to launch a project focusing on the development of AI Online Operational Tools. GW Reader's AI technology and expertise will be utilized to enhance the capabilities of the project.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:17 pm