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TSLA

Tesla is ramping up job openings related to Cybertruck manufacturing at Gigafactory Texas, with over 70 positions currently available. This suggests that the company is preparing for mass production of the highly-anticipated all-electric pickup truck, which is expected to start production this year.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 2:04 pm

F

Ford Motor Co is expanding its Mobile Service program to include Escape SUVs, targeting nearly 1,000 vehicles by year's end. This will provide smaller dealers an affordable way to deliver Mobile Service and larger dealers a way to supplement their fleets. Ford's remote services usage has increased 45% since Q4 2022.

Portfolio Pulse from Shivani Kumaresan

May 30, 2023 | 1:52 pm

SSB

SouthState Bank has introduced a $10 million Opportunity Advantage Loan Fund to help low-to-moderate income homebuyers overcome financial barriers in purchasing a primary home. The fund is available for homebuyers in Alabama, Florida, Georgia, the Carolinas, and Virginia for applications received after May 15, 2023.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:49 pm

NMTR

9 Meters Biopharma announces the resignation of John Temperato as President and CEO, with CFO Bethany Sensenig appointed as interim CEO. The company is considering an additional Phase 2 trial for vurolenatide in patients with short bowel syndrome, following feedback from the FDA and other stakeholders.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:29 pm

DE

Deere & Co. is integrating satellite imagery, AI, and advanced data analytics to improve agricultural productivity, sustainability, and efficiency. The company is also transitioning its fleet to electric vehicles, with plans to offer electric commercial and residential mowers, Gator utility vehicles, and construction equipment by 2026.

Portfolio Pulse from Caleb Naysmith

May 30, 2023 | 1:29 pm

MTLS

VUZI

Vuzix Corporation and Materialise NV have announced a collaboration to accelerate the design and production of smart eyewear using 3D printing technology. The partnership aims to reduce the average manufacturing cycle from 18 months to just 3, enabling third party technology, sports, and entertainment brands to rapidly introduce functional, fashionable and affordable smart eyewear to consumers.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:27 pm

BMY

Bristol Myers Squibb announced the acceptance of two late-breaker abstracts for Breyanzi studies TRANSCEND FL and TRANSCEND NHL 001 for patients with relapsed or refractory follicular lymphoma and mantle cell lymphoma, respectively, for presentation at the 2023 International Conference on Malignant Lymphoma.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:26 pm

AGBA

Agba Group showcased its business capabilities in capturing growth opportunities in the Greater Bay Area of China, a region with a combined GDP of $1.7 trillion.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:24 pm

CRWD

CrowdStrike has introduced Charlotte, an AI-powered cybersecurity analyst designed to enhance threat detection and response capabilities. The new technology aims to reduce the workload of human analysts and improve overall security.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:21 pm

STM

STMicroelectronics has introduced the market's first waterproof MEMS pressure sensor with a 10-year longevity program for the industrial IoT market. The ILPS28QSW sensor features high accuracy, superior environmental robustness, and is suitable for applications such as gas and water metering equipment, weather monitoring, air conditioning, and home appliances.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:20 pm