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CSCO

Cisco has announced its fourth-generation set of devices, Cisco Silicon One G200 and G202, with the G200 focusing specifically on Ethernet-based AI/Machine Learning and web-scale spine deployments.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 3:02 pm

AAL

ERJ

American Airlines has ordered seven new Embraer E175s for its subsidiary Envoy Air, with a contract value of $403.4 million. Deliveries will begin in Q4 2023, expanding Envoy's fleet to over 141 aircraft by the end of 2024.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:52 pm

ERJ

Binter, the Canary Islands airline, has placed a firm order for six Embraer E195-E2 aircraft, bringing its E2 fleet to 16 jets. The deal is valued at $504.7 million, with deliveries starting in H2 2024. Binter was the first European customer to receive the E195-E2 jet in November 2019.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:51 pm

ADBE

IBM

IBM plans to expand its partnership with Adobe to accelerate content supply chains by implementing next-generation AI, including Adobe Sensei GenAI services, Adobe Firefly, and Adobe's generative AI models. IBM Consulting is launching a new portfolio of Adobe consulting services to digitally re-invent customer interactions.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2023 | 2:37 pm

TCON

TRACON Pharma announced that envafolimab plus Yervoy did not demonstrate synergy in cancer patients compared to single agent envafolimab, leading to the termination of enrollment in cohort D.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 2:35 pm

F

GM

RIVN

TSLA

Rivian Automotive has agreed to adopt Tesla's North America charging standard, giving its customers access to 12,000 Tesla Superchargers with adapters by spring 2024. Rivian will also make a Tesla-style charging port standard in its vehicles from 2025. Tesla has recently struck deals with Ford and General Motors to use its charging technology.

Portfolio Pulse from Shivani Kumaresan

June 20, 2023 | 2:13 pm

T

AT&T is deploying a generative AI tool for its employees, according to Bloomberg. This move aims to improve productivity and efficiency within the company.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:10 pm

GE

GE Digital has signed an agreement with Bamboo Airways to provide fuel analytics solutions, Fuel Insight and FlightPulse, to optimize fuel consumption and reduce costs. The collaboration aims to enhance fuel efficiency and reduce carbon emissions.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:09 pm

BA

Air India has finalized an order for up to 290 Boeing jets, including 190 737 MAXs, 20 787 Dreamliners, and 10 777X jets, with options for 50 more 737 MAXs and 20 more 787 Dreamliners. This is Boeing's largest order in South Asia and aims to renew and expand Air India's fleet.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:04 pm

CDTX

Cidara Therapeutics will present preclinical data on its CD73-targeting drug-Fc conjugate (DFC) CD421 and Cloudbreak platform at the Adenosine-Pathway Targeted Cancer Immunotherapy Summit. The company believes CD421 can serve as a beneficial alternative treatment option for cancer patients.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 2:04 pm