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The Producer Price Index (PPI) slumped 0.3% MoM in May, reaching a 28-month low. Apple invests an additional $25M in VC for minority-owned businesses. Shell boosts dividend by 15% and discloses a $5B share buyback. Airbus raises forecast for new and old aircraft deliveries. Boeing records 43% growth in May deliveries. Google's dominance in ad tech is under scrutiny by the EU. Disney delays Avatar, Marvel, and Star Wars releases. Pfizer warns of potential pediatric antibiotic shortage.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 1:47 pm

SGRY

UNH

Surgery Partners shares are trading higher possibly due to UnitedHealth's comments on increased volumes of non-urgent surgeries. Surgery Partners owns and operates acute care and surgery hospitals.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:44 pm

MBGYY

TSLA

Mercedes is considering adopting Tesla's charging standard for its electric vehicles, according to a statement cited by Reuters. The automaker previously announced plans to develop 2,000 charging stations across North America, China, and Europe.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:39 pm

NVAX

Novavax aims to survive by developing an updated Covid vaccine before the fall season and reducing costs. However, the company faces challenges such as competing with Pfizer and Moderna in the commercial vaccine market and a pending $700 million arbitration with Gavi.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:38 pm

UHS

Universal Health Services (UHS) shares are trading higher possibly due to comments from UnitedHealth mentioning increased volumes of non-urgent surgeries. UHS owns and operates acute care and surgery hospitals.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:37 pm

GOOG

GOOGL

MSFT

OpenAI has been secretly using YouTube data to train its AI, potentially giving Google an edge in AI development. This collaboration could benefit both companies in the long run.

Portfolio Pulse from Happy Mohamed

June 14, 2023 | 1:34 pm

NVO

TikTok health trend promotes berberine as a cheaper alternative to Novo Nordisk's Ozempic for weight loss. Clinical studies show modest weight loss results, but data is inconclusive. Berberine has side effects and can interact with other drugs.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 1:34 pm

ISRG

MDT

SYK

Medical equipment stocks are trading higher, possibly due to UnitedHealth's comments on increased volumes of non-urgent surgeries.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:31 pm

META

Meta Platforms Inc.'s WhatsApp is working on new features, including 60-second video messages, screen sharing on desktop, and HD photo sharing. These updates aim to help WhatsApp catch up with competitors like Telegram.

Portfolio Pulse from Rounak Jain

June 14, 2023 | 1:30 pm

MSFT

Matt Higgins, co-founder and CEO of RSE Ventures, suggests using AI to generate passive income by creating online courses and marketing materials. He recommends using Microsoft-backed ChatGPT for marketing strategies.

Portfolio Pulse from Adam Eckert

June 14, 2023 | 1:28 pm