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FUBO

FuboTV and Ryan Reynolds' Maximum Effort announced the launch of the Maximum Effort Channel on June 20, featuring their first original show, Bedtime Stories with Ryan. Autodesk has signed on as the show's official Imagination Sponsor.

Portfolio Pulse from Anusuya Lahiri

June 15, 2023 | 2:49 pm

HCM

TAK

Takeda (TAK) and HUTCHMED (HCM) announced that the European Medicines Agency (EMA) has validated and accepted for regulatory review the marketing authorization application (MAA) for fruquintinib, a treatment for adult patients with previously treated metastatic colorectal cancer. The application includes data from Phase 3 FRESCO-2 and FRESCO clinical trials.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:32 pm

JKS

JinkoSolar has announced the launch of its G2 battery in the European market, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:29 pm

F

FXI

Ford Motor's CFO, John Lawler, announced that the company is restructuring its operations in China, focusing primarily on commercial vehicles. This move is part of Ford's ongoing efforts to improve its performance in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:29 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading higher by 22.90% to $1.33 on heavy volume and amid overall market strength. The EV maker gained last week after shareholders rejected the company's proposal to issue more stock shares. The International Energy Agency predicts global oil demand could peak before the end of this decade, potentially benefiting EV makers like Nikola.

Portfolio Pulse from Henry Khederian

June 15, 2023 | 2:29 pm

INTC

Intel Corp (NASDAQ:INTC) announced the release of its new quantum research chip, Tunnel Falls, a 12-qubit silicon chip. The company is collaborating with the Laboratory for Physical Sciences at the University of Maryland to advance quantum computing research. Intel is already developing a next-generation quantum chip based on Tunnel Falls, expected to be released next year.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 2:27 pm

F

Ford Motor CFO states that GigaCasting technology offers a significantly lower cost opportunity for the company, as they explore options for second-generation electric vehicles (EVs).

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:24 pm

AAPL

Apple Inc.'s stock price reached an all-time high of $184 following the launch of its new product, Vision Pro. The 45% rebound in Apple shares from a major low point in January 2023 signals a robust recovery and the potential for further growth. If the share price successfully moves beyond current resistance levels, it may approach the next psychological resistance point of $200.

Portfolio Pulse from Zaheer Anwari

June 15, 2023 | 2:24 pm

ELOX

Eloxx Pharmaceuticals announced the final data assessment from the Phase 2 trial of ELX-02, its lead investigational product candidate for cystic fibrosis. The trial showed clinically relevant improvement in lung function, but did not achieve statistical significance for efficacy endpoints. ELOX shares are up 2.44% in premarket trading.

Portfolio Pulse from Vandana Singh

June 15, 2023 | 2:14 pm

F

Ford Motor's CFO revealed that the company is working on third-generation electric vehicles (EVs) while some competitors are still ramping up their first EVs.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:13 pm