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PTON

Peloton's stock price has declined 95% from its all-time high, and the company is now shifting its strategy from high-end pricing to a more attainable subscription service. This move aims to transform Peloton into an inclusive health tech organization and align with the global trend towards health and wellness.

Portfolio Pulse from Zaheer Anwari

June 02, 2023 | 2:33 pm

CGC

Wana Brands has expanded its portfolio of cannabis-infused gummies in Arizona, including Wana Quick Fast-Acting gummies and Wana Optimals Fast Asleep. The gummies feature a vegan recipe using real fruit pectin and all-natural organic sweeteners.

Portfolio Pulse from Vuk Zdinjak

June 02, 2023 | 2:30 pm

AMZN

DISH

T

TMUS

VZ

An Amazon spokesperson informed Benzinga that the company is constantly exploring new benefits for Prime members, but currently has no plans to add wireless services.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 2:25 pm

DISH

T

TMUS

VZ

Dish Network's stock is up amid reports of selling wireless plans for its mobile phone service through Amazon. Amazon is negotiating with Verizon, T-Mobile, and Dish for the lowest possible wholesale prices. This deal could benefit the wireless industry but also chip away at the big carriers' customer base.

Portfolio Pulse from Anusuya Lahiri

June 02, 2023 | 2:11 pm

KSCP

Knightscope has won a contract from Texas State University to provide 13 K1 Blue Light E-Phones, enhancing campus security and communication.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 1:41 pm

PPSI

Pioneer Power Solutions announced that a major global automaker has purchased multiple e-Boost units to support the initial rollout of autonomous EVs in several cities, leading to higher trading of PPSI shares.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 1:39 pm

AMZN

DISH

T

TMUS

VZ

Amazon has stated that they do not have plans to add wireless services at this time, according to a spokesperson.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 1:35 pm

AAPL

AI

GOOGL

MSFT

NVDA

SPY

TSLA

Market Clubhouse Morning Memo focuses on SPY, TSLA, NVDA, MSFT, AAPL, and AI, providing price levels based on a proprietary formula. The memo recommends monitoring these stocks for potential breakouts or reversals and adjusting tactics based on market conditions.

Portfolio Pulse from RIPS

June 02, 2023 | 1:34 pm

LVTX

LAVA Therapeutics' shares are trading higher after Janssen selected a lead gamma-delta T cell engager bispecific antibody from LAVA to move toward clinical development.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 1:34 pm

AVGO

NFLX

TSLA

VWAGY

XOM

Elon Musk praised the quality of China-made Teslas during his visit to Giga Shanghai. Broadcom reported strong Q2 results, beating estimates. Volkswagen is reintroducing its microbus, the ID Buzz, to the US. Illumina launched PrimateAI-3D, an AI algorithm for predicting disease-causing genetic mutations. Exxon Mobil is eyeing new fracking technologies to double its US shale oil production. Netflix shareholders voted against the company's executive pay package.

Portfolio Pulse from Akanksha Bakshi

June 02, 2023 | 1:31 pm