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USDTUSD

Tether Operations Limited has announced the launch of its US dollar-pegged stablecoin Tether (CRYPTO: USDT) on the Kava (CRYPTO: KAVA) blockchain. Kava's unique co-chain design and scalability make this a significant addition for Tether. Tether's market capitalization recently reached $83.5 billion, showcasing its increasing dominance over its primary rival, USD Coin (CRYPTO: USDC), which has a market cap of $28 billion.

Portfolio Pulse from Murtuza Merchant

June 21, 2023 | 2:13 pm

BLNK

Blink Charging announced a new 240-kW Dual-Port CCS and NACS charger, currently in its final design and development stage. The charger supports Tesla's North American Charging Standard (NACS) connector and uses silicon carbide power electronics to improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 2:11 pm

MCOM

Micromobility.com Inc. (NASDAQ:MCOM) has released its enhanced Wheels 2.0 app on both Apple's App Store and Google Play Store, focusing on long-term private rentals and business leasing in major North American cities. The update aims to make mobility more accessible and user-centric.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 2:07 pm

SBEV

Splash Beverage Group (NYSE:SBEV) has entered a distribution agreement with North Carolina-based Coastal Beverage Company for three of its brands: Copa di Vino, Pulpoloco, and TapouT. Coastal Beverage serves 22,000 retailers in its territory and will introduce Splash products to a new population.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:05 pm

BABA

CSCO

GOOGL

SHAK

UBER

Ant Group is developing ChatGPT-style services, while Cisco launches AI chips to compete with Broadcom and Marvell. YouTube plans to debut its first official shopping channel in South Korea. Bolt partners with Starship Technologies for robot food delivery, and Chinese regulators reprimand Starbucks and Shake Shack over privacy breaches.

Portfolio Pulse from Vandana Singh

June 21, 2023 | 2:02 pm

ARGX

AZN

HALO

TAK

The FDA has approved Argenx's Vyvgart Hytrulo, a subcutaneous injection for generalized myasthenia gravis (gMG) in adult patients. The product is a combination of efgartigimod alfa and Halozyme Therapeutics' ENHANZE drug delivery technology. It is expected to be available in the U.S. in July 2023, with decisions on European and Japanese approvals expected by the end of 2023 and Q1 of 2024, respectively.

Portfolio Pulse from Vandana Singh

June 21, 2023 | 1:56 pm

ERJ

Embraer (ERJ) has signed a deal with China's Lanzhou Aviation Industry Development Group to convert 20 E-Jets into freighters. The financial terms were not disclosed. This deal makes Lanzhou the launch customer for Embraer's Passenger-to-Freight (P2F) conversion in China.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 1:53 pm

KSCP

TSLA

Knightscope announced that its Robot Roadshow will be featured at Tesla Takeover 2023 in San Luis Obispo, CA. The event brings together Tesla owners, EV enthusiasts, and industry experts to celebrate the future of electric vehicles.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:46 pm

ASTS

NOK

AST SpaceMobile Inc (NASDAQ:ASTS) shares are trading higher after achieving 4G capabilities to smartphones directly from space. The company used AT&T Inc (NYSE:T) spectrum and Nokia Oyj (NYSE:NOK) RAN technology for 4G LTE download speed testing.

Portfolio Pulse from Lekha Gupta

June 21, 2023 | 1:41 pm

AZN

PIRS

Pieris Pharmaceuticals announced that partner AstraZeneca has decided to discontinue and cease dosing in the ongoing clinical studies of elarekibep, an asthma drug, due to lung findings from a non-clinical toxicology study. Pieris will review the implications of the data and AstraZeneca's decision on the program.

Portfolio Pulse from Vandana Singh

June 21, 2023 | 1:41 pm