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BIDU

F

GD

HOOD

META

SPCE

WBA

Baidu claims its Ernie Bot outperforms OpenAI's ChatGPT; Meta's WhatsApp Business app reaches 200 million users; Walgreens reports disappointing Q3 earnings. Ford plans layoffs in its engineering sections in the US and Canada. Robinhood cuts 7% of its full-time staff due to reduced customer engagement. General Dynamics and American Rheinmetall compete for a $45B US Army vehicle contract. Virgin Galactic announces the date for its first commercial spaceflight.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 1:27 pm

CAH

TIVC

Tivic Health has signed a distribution agreement with Cardinal Health, expanding the reach of its products. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 1:16 pm

U

Unity Software's stock is trading higher after the company announced a new AI marketplace and received positive analyst coverage from Wells Fargo. The AI marketplace offers solutions to accelerate AI-driven game development, and Wells Fargo initiated coverage with an Overweight rating and a $48 price target.

Portfolio Pulse from Adam Eckert

June 27, 2023 | 1:15 pm

NMRD

Nemaura Medical announces the next commercialization stage of its proBEAT sensor and AI-based feedback platform, augmenting the BEAT diabetes program. 56 corporations in the U.S. have signed up for pilots in June 2023, which are intended as a precursor to revenue-generating contracts.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:06 pm

RHHBY

Roche has received FDA clearance for additional Alzheimer's disease cerebrospinal fluid assays, expanding its diagnostic capabilities.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 1:06 pm

EEIQ

EpicQuest Education Group International Limited (EEIQ) announced that Davis College signed a non-binding Memorandum of Understanding (MOU) with the University of Portsmouth, UK. The MOU aims to pursue joint research projects, academic programs, faculty and student exchanges, and other collaborative activities.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:05 pm

RIDE

RIVN

Rivian Automotive (RIVN) continues to grow with plans to reveal a new lower-priced R2 midsized SUV Crossover EV next year, while Lordstown Motors (RIDE) has filed for bankruptcy and is suing former partner Foxconn. Rivian's production is expected to increase, with a 2026 production forecast of 200,000 units for the new R2 model. In contrast, Lordstown's story has ended due to unmet expectations and a failed partnership.

Portfolio Pulse from Upwallstreet

June 27, 2023 | 1:05 pm

VVPR

VivoPower International PLC (VVPR) has signed a definitive agreement with Fourche Maline Ltd to market, distribute, and service Tembo-powered electric utility vehicles (EUV) across Ghana. Fourche Maline has committed to sell 2,500 Tembo EUV conversion kits over the next 5 years.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:04 pm

DRMA

Dermata Therapeutics has received FDA feedback on its DMT310 Phase 3 clinical development program for moderate-to-severe acne. The program will consist of two pivotal trials, STAR-1 and STAR-2, with the first patient enrollment planned for 2H 2023.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 1:04 pm

AMD

AMD has announced its new Versal Premium VP1902, a high-performance, adaptable accelerator designed for data center, networking, and edge applications.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 1:02 pm