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TSLA

Two camouflaged Tesla Cybertrucks were spotted in California, raising speculation about the potential start of production. Tesla aims to start production in summer 2023, with a ramp-up in the following year.

Portfolio Pulse from Benzinga EV Insights

June 22, 2023 | 6:15 pm

SRPT

Sarepta Therapeutics has received FDA approval for ELEVIDYS, the first gene therapy to treat Duchenne Muscular Dystrophy. The one-time treatment is approved for ambulatory pediatric patients aged 4-5 years. Sarepta will host a conference call on June 22 at 4:30 p.m. ET.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 6:03 pm

CP

CSX

CPKC and CSX have announced a planned collaboration to develop additional hydrogen locomotives, aiming to reduce greenhouse gas emissions and improve fuel efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 6:01 pm

LTCUSD

Litecoin (CRYPTO: LTC) is trading lower by 2.94% to $85.27 during Thursday's session, pulling back after recent strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.

Portfolio Pulse from Henry Khederian

June 22, 2023 | 6:00 pm

ACI

ADBE

AMZN

GOOG

OMC

Omnicom Group has partnered with Amazon Web Services (AWS) to use generative AI for advertising campaigns. Omnicom will use AWS AI and machine learning services to accelerate advertising campaign development. The company also expanded partnerships with Adobe, Albertsons Companies, and Google Cloud.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 4:47 pm

AMZN

Amazon Cloud CEO stated that generative AI will be a significant tailwind for its business during the Bloomberg Summit. This technology is expected to drive growth and innovation for Amazon Web Services (AWS).

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:43 pm

AMZN

Amazon Web Services (AWS) has announced the Generative AI Innovation Center, a $100 million program that connects AWS machine learning and artificial intelligence experts with customers and partners.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:31 pm

INM

InMed Pharmaceuticals' stock is trading lower after releasing safety and efficacy results from its Phase 2 clinical trial for symptoms related to Epidermolysis Bullosa (EB). The trial showed mixed results, with some patients experiencing improvement with INM-755 cannabinol cream, while others did not. The company plans to seek R&D and commercial partnership opportunities for further development.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 4:28 pm

VIEW

View, Inc has filed a new patent application titled 'Environmental Adjustment Using Artificial Intelligence', which aims to improve energy efficiency and user experience in buildings.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:21 pm

LCID

PSNY

RIVN

TSLA

Major US EV manufacturers Tesla, Rivian, Lucid, and Polestar rank poorly in J.D. Power's Initial Quality Study 2023, which analyzes early ownership problems. Lucid Motors scored the worst with 340 problems per 100 vehicles (PP100), followed by Polestar (313 PP100), Rivian (282 PP100), and Tesla (257 PP100).

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:19 pm