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GM

GM's CFO reports that the supply situation has improved, but it is not yet perfect, with some supply disruptions still persisting.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:03 pm

XPEV

XPeng shares are trading higher after the company announced the launch of its assisted-driving technology in Beijing and three other cities.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:01 pm

MDLZ

Mondelez International has announced that it is scaling down its activities in Russia, discontinuing new capital investments, product launches, and advertising media spending in the country.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:58 pm

ABBV

AbbVie announced top-line results from the COMMAND Phase 3 maintenance study, showing risankizumab (Skyrizi) achieved the primary endpoint of clinical remission at week 52 in moderately to severely active ulcerative colitis patients. A significantly higher proportion of patients achieved clinical remission, endoscopic improvement, and steroid-free clinical remission with risankizumab compared to the induction-only control group.

Portfolio Pulse from Vandana Singh

June 15, 2023 | 3:39 pm

META

Mark Zuckerberg announced the global rollout of Instagram Broadcast Channels today, aiming to provide users with a selection of high-quality content.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:38 pm

UBER

Uber Technologies is launching full-length video ads across its ride-hailing app, Uber Eats, and Drizly platforms. The ads will run on the primary Uber app, in-car tablets, and during Uber Eats deliveries. The company plans to expand the video ad products to the UK, France, and Australia later this year.

Portfolio Pulse from Anusuya Lahiri

June 15, 2023 | 3:36 pm

ALDX

Aldeyra Therapeutics announced positive results from its Phase 3 clinical trial of reproxalap, an investigational treatment for dry eye disease. The trial met its primary and secondary endpoints, and the company plans to submit a New Drug Application to the FDA in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:33 pm

YTRA

Yatra Online Inc (NASDAQ:YTRA) has launched Yatra Prime, a travel subscription service offering various benefits to subscribers. The service includes eliminating convenience fees, access to exclusive fares on domestic air tickets, and priority access to VIP customer support.

Portfolio Pulse from Shivani Kumaresan

June 15, 2023 | 3:30 pm

LEN

Lennar Corp's executive stated that supply chain chaos has normalized, but inventories remain low and housing supply across the US is in limited supply.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:14 pm

SOFO

Sonic Foundry (SOFO) shares are climbing after the company announced plans to develop an AI solution for the virtual and hybrid video events market. Its Vidable business will team up with its Video Solutions business to develop the AI solution.

Portfolio Pulse from Erica Kollmann

June 15, 2023 | 3:05 pm