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AMZN

STLA

Stellantis N.V. announced that Merchants Fleet will purchase 12,500 units of the all-new Ram ProMaster Electric Vans over the next several years. The Ram ProMaster EV, set to launch later this year, will be Stellantis' first fully electric van in North America. This follows a previous announcement with Amazon as the first commercial customer for the new Ram ProMaster EV.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2023 | 2:34 pm

COPHF

PSIL

The Energia Foundation is hosting a psychedelics education event in Dubai, while new research finds a key receptor for treating depression with psychedelics. Creso Pharma (OTC:COPHF) signs an LOI for importing Swiss MDMA and psilocybin therapeutics to Australia. AdvisorShares Psychedelics ETF (NYSE:PSIL) shows a consistent upward trend.

Portfolio Pulse from Lara Goldstein

June 13, 2023 | 2:31 pm

META

TikTok influencer Justin Becker has grown his following to nearly 6 million and is focusing on monetizing his account through live-streaming and exploring other platforms like Meta Platforms-owned Instagram. Becker is also considering brand partnerships, sponsorships, and affiliate marketing as potential revenue streams.

Portfolio Pulse from AJ Fabino

June 13, 2023 | 2:30 pm

BYND

Beyond Meat has announced an improved version of its Beyond Meat Sausage, featuring a meatier taste, more flavor, and 40% less saturated fat. Consumers should look for the 'Meatier Taste' logo on the packaging.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 2:30 pm

FWBI

First Wave BioPharma Inc (NASDAQ:FWBI) stock has more than doubled after the company achieved its enrollment target for its adrulipase Phase 2 SPAN trial for exocrine pancreatic insufficiency in cystic fibrosis patients. Topline results from the study are anticipated by mid-2023.

Portfolio Pulse from Vandana Singh

June 13, 2023 | 2:21 pm

IGT

International Game Technology's (IGT) subsidiary, IGT Global Solutions Corporation, has partnered with Scientific Games and SAGA Consultoria to operate an instant and passive lottery in the State of Minas Gerais, Brazil. The 20-year agreement grants the consortium an exclusive license for lottery operations in the state, with an option for a 20-year renewal.

Portfolio Pulse from Lekha Gupta

June 13, 2023 | 2:20 pm

F

IPX

IperionX announced it will produce titanium components for Ford Motor Company, leading to a rise in IperionX shares.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 2:14 pm

RXT

Rackspace Technology (NASDAQ:RXT) announced the launch of Foundry for Generative AI by Rackspace (FAIR), a global practice dedicated to accelerating the secure, responsible, and sustainable adoption of generative AI solutions across industries. FAIR builds on Rackspace's unique IP and multicloud capabilities, strategic acquisition of Just Analytics, and partnerships with leading hyperscalers.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 2:13 pm

DERM

RDY

Journey Medical Corporation (NASDAQ:DERM) announced positive topline data from the Phase 1 clinical trial of DFD-29, a treatment for papulopustular rosacea developed in collaboration with Dr. Reddy's Laboratories Ltd (NYSE:RDY). The trial showed no significant safety issues and indicated that DFD-29 can be safely used for up to 16 weeks. DERM shares are up 8.98%.

Portfolio Pulse from Vandana Singh

June 13, 2023 | 2:11 pm

ADBE

Adobe Inc (NASDAQ:ADBE) shares are trading higher after the company unveiled new generative AI capabilities using Adobe Firefly in Adobe Illustrator. The first integration of Firefly, Generative Recolor, was announced at MAX London, allowing designers to experiment with colors using simple text prompts. Analysts from Morgan Stanley, Jefferies, and Evercore ISI Group raised their price targets on Adobe stock.

Portfolio Pulse from Adam Eckert

June 13, 2023 | 1:42 pm