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ADBE

Adobe CEO Shantanu Narayen envisions generative AI as a creative co-pilot, enhancing human ingenuity and productivity. Adobe's Firefly software, which relies on generative AI, is integrated into popular programs like Photoshop and Illustrator. Adobe recently reported a successful quarter with revenues of $4.82 billion.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 7:18 am

RIVN

Rivian Automotive (NASDAQ:RIVN) is opening a community space in New York City, with plans to open more locations across the US and Canada. The spaces will allow visitors to explore Rivian vehicles and book test drives.

Portfolio Pulse from Anan Ashraf

June 16, 2023 | 4:39 am

AAPL

META

ARK Invest analysts Nick Grous and Sam Korus believe that current AR/VR technology, including Apple's Vision Pro mixed reality headset and Meta's Quest lineup, is not ready for mass adoption. They predict Apple will sell less than 1 million headsets in the first year due to the high price point of $3,500.

Portfolio Pulse from Ananya Gairola

June 16, 2023 | 2:57 am

NVAX

Novavax has developed a protein-based monovalent XBB.1.5 COVID vaccine candidate and plans to deliver it during the fall vaccination campaign. If authorized, it would be the only non-mRNA XBB.1.5 vaccine available in the U.S.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:36 pm

EADSY

GT

Goodyear has been selected by Airbus to provide tires for its new A321XLR aircraft, which is set to enter service in 2024. The Goodyear Flight Radial Tire will offer weight-efficient and cost-effective performance.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:25 pm

ABNB

Airbnb has updated its total price display as part of the company's broader efforts to increase affordability on its platform.

Portfolio Pulse from Charles Gross

June 15, 2023 | 9:10 pm

SPCE

Virgin Galactic announced its first commercial spaceflight is scheduled between June 27 and June 30, with a second flight planned for early August. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:35 pm

CLNN

Clene's CNM-Au8 treatment showed a statistically significant reduction of plasma neurofilament light chain levels compared to placebo at 24 weeks, leading to higher trading of Clene shares.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:33 pm

SPOT

Spotify discussed a second season with Meghan Markle's production company, Archewell Audio, after the success of their first podcast series.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:32 pm

CLNN

Clene announced that CNM-Au8 treatment showed a statistically significant reduction in plasma neurofilament light chain levels compared to placebo in the HEALEY ALS Platform Trial. The company plans to discuss the results at an upcoming FDA meeting to accelerate the path toward approval.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:32 pm