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VWAGY

Volkswagen's battery unit PowerCo SE plans to introduce a new Dry Coating manufacturing process in its battery cell production plants in Europe and North America, aiming to reduce energy consumption by 30% and floor space by 15%. PowerCo will collaborate with German printing machine specialist Koenig & Bauer AG to develop the technology.

Portfolio Pulse from Shivani Kumaresan

June 16, 2023 | 3:41 pm

TSLA

Elon Musk stated at VivaTech that the value of Tesla (TSLA) is based on its autonomous driving technology, emphasizing the importance of self-driving capabilities in the company's future.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:05 pm

META

Meta Platforms Inc has introduced VoiceBox, an AI for speech generation that can produce high-quality audio clips and edit pre-recorded audio.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:03 pm

MBOT

Microbot Medical announced that multiple peer-reviewed abstracts have been accepted for presentation at the Annual Congress of the Cardiovascular and Interventional Radiological Society of Europe, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 2:44 pm

ADBE

AMZN

MSFT

Adobe Inc. reported strong Q2 earnings, exceeding Wall Street expectations, driven by demand for its Creative Cloud, Document Cloud, and Experience Cloud offerings. The company also introduced Sensei GenAI, a generative AI tool available across Adobe Experience Cloud applications. Unlike Microsoft and Amazon, Adobe faces less competition in the AI market, allowing it to further differentiate itself.

Portfolio Pulse from Upwallstreet

June 16, 2023 | 2:44 pm

AMZN

TSLA

NASA has partnered with seven companies, including Blue Origin and SpaceX, under the Collaborations for Commercial Space Capabilities-2 (CCSC-2) initiative to support the development of commercial capabilities such as crewed spacecraft and space stations. NASA will provide technical expertise, assessments, and data, but no funding.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 2:41 pm

TSLA

Elon Musk, CEO of Tesla, is speaking live at the VivaTech conference. Watch the event here: https://twitter.com/i/events/1669070206273048576

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 2:29 pm

AMZN

LCID

Lucid Group shares are moving higher after the company updated its app to allow users to control their Lucid vehicles from an Amazon Alexa Echo device.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 2:28 pm

TCNNF

VRNOF

Benzinga highlights the latest and most innovative cannabis products, including Climbing Kites by Lua, On The Rocks by Verano Holdings Corp., Chelsea B. Soda by Chelsea B. Drugstore, Dr. Dabber and Carrots Limited-Edition collaboration, Summer Season Line by Insa, and Co2lors by Trulieve Cannabis Corp.

Portfolio Pulse from Joana Scopel

June 16, 2023 | 2:22 pm

RHHBY

The FDA has granted accelerated approval to Roche's Columvi (glofitamab-gxbm) for the treatment of relapsed or refractory diffuse large B-cell lymphoma and large B-cell lymphoma arising from follicular lymphoma. The approval is based on the phase 1/2 NP30179 study results, which showed durable remission in patients treated with fixed-duration Columvi.

Portfolio Pulse from Vandana Singh

June 16, 2023 | 2:16 pm