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AAPL

Apple Inc is in talks with Indian financial institutions and regulators, including HDFC Bank and the Reserve Bank of India (RBI), to launch its Apple Card in India. The discussions are in preliminary stages, and no decision has been made yet. Apple's focus on India has increased due to surging iPhone sales and the country's potential to account for a significant portion of Apple's total phone production.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 23, 2023 | 10:20 am

AAPL

INDA

Apple is partnering with HDFC Bank to launch its Apple Card in India, according to MoneyControl. This move will expand Apple's financial services footprint in the country.

Portfolio Pulse from Charles Gross

June 23, 2023 | 10:14 am

LULU

Lululemon has been unsuccessful in finding a buyer for its Mirror fitness gadget, according to a report by the NY Post.

Portfolio Pulse from Charles Gross

June 23, 2023 | 9:23 am

AAPL

Apple Inc. is rolling out the iOS 17 beta 2 to developers and beta testers, featuring an updated AirDrop version with new animations, fast haptic touch, and Apple Music improvements. The iOS 17 update is set to launch this fall, likely alongside iPhone 15 in September.

Portfolio Pulse from Rounak Jain

June 23, 2023 | 9:13 am

EWW

NEM

Newmont Corporation has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico due to unforeseen circumstances.

Portfolio Pulse from Charles Gross

June 23, 2023 | 9:11 am

NVVE

Nuvve Holding's shares are trading higher following the launch of Astrea AI forecasting for the Nordic Energy market.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 9:11 am

GM

LCID

A video by Auto Trader shows Lucid Group's Air Grand Touring Performance defeating General Motors' Chevrolet Corvette C8 Z06 in a drag race at Willow Springs raceway. The Lucid vehicle has 1050 hp power and 1200 nm torque, compared to the Corvette's 670 hp and 624 nm. However, the Lucid car is priced higher at $179,000, while the Corvette starts at $105,300.

Portfolio Pulse from Anan Ashraf

June 23, 2023 | 9:05 am

GILD

Gilead Sciences announced Week 96 results from the MYR301 Phase 3 clinical trial of Hepcludex (bulevirtide) for chronic hepatitis delta (HDV) infection treatment. The data presented at EASL Congress 2023 show clinical benefits and sustained viral decline in patients. Bulevirtide is the only approved treatment for HDV in the EU but not in the U.S.

Portfolio Pulse from Charles Gross

June 23, 2023 | 8:54 am

TSLA

Tesla's Cybertruck is closer to launch, and a recent international patent application reveals a power tailgate mechanism that can be operated via smartphones or wireless key fobs. The Cybertruck is expected to be a game-changer for Tesla, with potential volume growth similar to the Model Y.

Portfolio Pulse from Shanthi Rexaline

June 23, 2023 | 8:32 am

APOG

IONQ

KMX

MRNA

SWBI

Smith & Wesson Brands reported better-than-expected Q4 results and raised its quarterly dividend. Apogee Enterprises is expected to report earnings of $0.90 per share on revenue of $354.77 million. CarMax is expected to have earned $0.79 per share on revenue of $7.53 billion. IonQ lifted its booking expectations for the year by 25%. Moderna submitted an application to the FDA for the authorization of its updated vaccine.

Portfolio Pulse from Lisa Levin

June 23, 2023 | 8:00 am