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AMERICAN

Westwater Resources (NYSE:AMERICAN) has executed a letter of intent with Dainen Material for the supply and purchase of coated spherical purified graphite (CSPG) from its Kellyton Advanced Graphite Processing Plant.

Portfolio Pulse from Charles Gross

June 07, 2023 | 10:48 am

TFX

Teleflex has secured FDA clearance for its Wattson Temporary Pacing Guidewire, designed for use during TAVR and BAV procedures. The product will be featured at the TVT: The Structural Heart Summit and is expected to have a full market release later this year.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 10:31 am

GSK

The European Commission has approved GSK's Respiratory Syncytial Virus (RSV) vaccine for active immunization in adults aged 60 and older. This marks the first RSV vaccine for older adults to receive European Marketing Authorisation, with launches planned ahead of the 2023/2024 RSV season.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 10:16 am

COIN

Coinbase CEO Brian Armstrong is scheduled to appear on CNBC at 8:40 AM ET.

Portfolio Pulse from Charles Gross

June 07, 2023 | 10:06 am

DRRX

DURECT Corporation has completed enrollment in its Phase 2b AHFIRM clinical trial investigating larsucosterol for the treatment of severe alcohol-associated hepatitis, reaching its target of 300 patients.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 10:02 am

GOOG

GOOGL

SSNLF

Samsung's Galaxy Unpacked event will take place in Seoul for the first time, where the company is expected to unveil its latest foldable innovations, Galaxy Z Flip 5 and Z Fold 5. This comes after Google launched its inaugural foldable smartphone, Pixel Fold, in May.

Portfolio Pulse from Ananya Gairola

June 07, 2023 | 10:01 am

TSLA

Tesla shares rose 1.55% to $224.75 in premarket trading, potentially extending its winning streak to a ninth straight session. The stock is trading below the average analysts' price target of $199. Investors are excited about the upcoming Cybertruck launch and Model 3 refresh.

Portfolio Pulse from Shanthi Rexaline

June 07, 2023 | 9:37 am

FXI

LI

Chinese electric vehicle (EV) manufacturer Li Auto has reportedly started large-scale recruitment for its factory in Shunyi, Beijing, ahead of production commencement in July or August.

Portfolio Pulse from Charles Gross

June 07, 2023 | 9:17 am

STM

STMicroelectronics (NYSE:STM) and Sanan Optoelectronics (SHA.600703) have signed an agreement to create a joint venture for high-volume 200mm silicon carbide device manufacturing in Chongqing, China. The new SiC fab is set to start production in Q4 2025, with full buildout anticipated in 2028, supporting the rising demand for car electrification and industrial power applications in China.

Portfolio Pulse from Charles Gross

June 07, 2023 | 9:08 am

GM

General Motors (GM) has unveiled its new electric vehicle (EV) design concept, Proxima, targeting the Chinese market. The concept is not based on GM's Ultium Platform and was announced at GM's Forward-Looking Design Center in Shanghai. The Proxima EV concept aims to establish an emotional connection with future Chinese EV customers and is based on a pure electric platform.

Portfolio Pulse from Benzinga Newsbot

June 07, 2023 | 9:07 am