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MULN

Mullen Automotive (NASDAQ:MULN) shares are trading down after announcing the integration of PERSONA, an AI camera/sensor and video monitoring system, across its EV lineup. The technology received positive feedback and has various commercial applications.

Portfolio Pulse from Ryan Gustafson

June 20, 2023 | 7:52 pm

ENPH

Enphase Energy (NASDAQ:ENPH) shares are down today despite the company announcing a significant rise in deployments of residential solar energy systems in Brasilia, powered by its IQ7AM Microinverters. The increase is attributed to Enphase's reliable technology, customer support, and installer services.

Portfolio Pulse from Ryan Gustafson

June 20, 2023 | 7:50 pm

TAK

TEVA

Bloomberg reports a low supply of Vyvanse, an alternative to Adderall, as ADHD drug shortages spread. Takeda Pharmaceutical (TAK) and Teva Pharmaceutical (TEVA) are mentioned in the article.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 7:38 pm

HERTF

Heritage Cannabis Holdings Corp. has shipped its first order of 15,000 live resin concentrate vape cartridges to Australia and received a second purchase order for an additional 15,000 units. The Australian legal cannabis market is expected to grow at a CAGR of 29.6% from 2023 to 2030.

Portfolio Pulse from Joana Scopel

June 20, 2023 | 7:31 pm

ADBE

Adobe Inc. faces controversy over its new AI tool, Adobe Firefly, as artists claim the company used their artwork to train the AI without consent. The tool, which generates AI images, poses a threat to content creators as it may replace the need for purchasing artists' content through Adobe Stock.

Portfolio Pulse from Aaron Bry

June 20, 2023 | 7:25 pm

ZS

Analysts from Needham and JMP Securities reiterated their bullish stance on Zscaler Inc (NASDAQ:ZS) following the company's annual Zenith Live event. The event showcased Zscaler's impressive AI integration and market-leading position in zero trust initiatives, as well as new products and capabilities. Needham analyst Alex Henderson set a $210 price target, while JMP Securities analyst Trevor Walsh set a $225 price target.

Portfolio Pulse from Anusuya Lahiri

June 20, 2023 | 6:58 pm

ABBV

RGNX

SRPT

Baird has initiated coverage on RegenXbio Inc (NASDAQ:RGNX) with an Outperform rating and a price target of $42, citing potential gains from AAV gene therapies resurgence. The analyst believes RegenXbio can be a leader in the AAV gene therapy space and that the market underappreciates the opportunity for its partnered ABBV-RGX-314 with AbbVie Inc (NYSE:ABBV). Regenx could also compete with Sarepta Therapeutic Inc's (NASDAQ:SRPT) SRP-9001 in the DMD market.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 6:43 pm

RCAT

Red Cat Holdings has completed the second phase of its artificial intelligence and computer-vision partnership with Athena AI for the Teal 2 military-grade drone. Athena's technology successfully performed target recognition and battle tracking during a nighttime test flight, allowing commanders fast decision-making on the battlefield.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 6:31 pm

BVNRY

EBS

VALN

Bavarian Nordic's phase 3 chikungunya virus vaccine trial has hit its primary endpoint in healthy adults aged 65 and above. The company acquired the vaccine candidate from Emergent BioSolutions for $380 million and is competing with Valneva's VLA1553 vaccine.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 6:30 pm

BBIO

BridgeBio Pharma's shares are trading higher following the presentation of updated six-month results from Cohort 5 in its PROPEL2 Phase 2 trial of infigratinib.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 6:28 pm