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TGT

New York Attorney General James criticized Target's decision to pull some of its Pride merchandise due to backlash from anti-LGBTQ+ customers, calling the move 'wrong'.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:21 pm

AAVEUSD

DAIUSD

ETHUSD

A trading bot recently performed a complex series of transactions on the Ethereum blockchain, involving a $200 million flash loan in DAI from MakerDAO. The bot deposited funds on Aave, borrowed $2,300 in Wrapped Ether (WETH), and completed an arbitrage cycle, resulting in a net profit of only $3.24.

Portfolio Pulse from Murtuza Merchant

June 14, 2023 | 5:12 pm

CNDT

Conduent Transportation, a unit of Conduent Incorporated (NASDAQ:CNDT), has been selected by Azienda Trasporti Verona to provide contactless payment technology for buses in Verona, Italy. The technology will modernize the ticketing system and allow passengers to pay with debit and credit cards and NFC-enabled digital wallets.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2023 | 5:01 pm

BLK

MSFT

SPY

BlackRock CEO Larry Fink believes that artificial intelligence (AI) could be the technology that helps bring down inflation. He suggests that AI can increase productivity and efficiency, leading to lower costs and reduced inflationary pressures.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:47 pm

APTV

LYFT

UBER

Aptiv's CFO announced that Motional, its autonomous vehicle joint venture, is ramping up commercial agreements with Lyft and Uber for robotaxi and food delivery services.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:38 pm

RUM

Rumble tweets that Andrew Tate's emergency meeting livestream has already garnered over 1 million views before its start at 4pm ET.

Portfolio Pulse from Happy Mohamed

June 14, 2023 | 4:32 pm

FDRV

IDRV

KARS

The International Energy Agency (IEA) forecasts global oil demand to peak at 105.7 million barrels per day in 2028 due to the rise of electric vehicles (EVs). The demand for oil in transport fuels is expected to decline after 2026, with gasoline demand possibly peaking in 2023. EV sales are predicted to reach 155 million by 2028, displacing significant gasoline and diesel consumption.

Portfolio Pulse from Piero Cingari

June 14, 2023 | 4:30 pm

XPON

Expion360 Inc. has launched a new e360 SmartTalk Battery for electric golf carts and light electric vehicles (LEVs). The battery has intelligent wireless mobile management capabilities, superior construction, and a 12-year lifespan. The company expects the new product to leverage the solid growth prospects of golf cart batteries under the lithium battery segment.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2023 | 4:11 pm

SNE

Sony has begun testing cloud streaming for PS5 games, with plans to add the feature to its PlayStation Plus Premium subscription. The cloud feature would eliminate the need to download games to the console for streaming to other devices. Sony currently supports streaming PS5 games to PCs, Macs, and mobile devices, but requires the PS5 as the host.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:10 pm

MVIS

WETG

U.S. stocks traded mixed with Dow Jones dropping over 100 points, while NASDAQ and S&P 500 rose. Crude oil inventories climbed by 7.919 million barrels, against market estimates of a 0.51 million decline. WeTrade Group shares surged after launching an AI-generated language model, while MicroVision shares plummeted following a proposed public offering.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 4:10 pm