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ADBE

DNTUF

IBM

MAT

Adobe has launched generative AI offerings Adobe Firefly and Adobe Express for enterprises at Adobe Summit EMEA 2023. The tools will cater to the growing demand for digital content creation and help optimize costs. Brands such as Dentsu Group, IBM, and Mattel are already exploring Firefly's potential to drive efficiencies and reduce costs.

Portfolio Pulse from Nabaparna Bhattacharya

June 08, 2023 | 4:05 pm

AFRM

AMZN

Affirm Holdings shares are trading higher due to continued upward momentum after Amazon added Affirm's Adaptive Checkout as a payment option at checkout.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:57 pm

GMVHY

MGM

BetMGM, owned by MGM Resorts International and Entain Plc, has launched its mobile sports betting app in Puerto Rico in partnership with Casino del Mar at La Concha Resort. This marks the second market outside the U.S. mainland for BetMGM's app. The app offers a user-friendly experience for Puerto Rico residents to place various types of wagers.

Portfolio Pulse from Shivani Kumaresan

June 08, 2023 | 3:44 pm

UBER

Uber Technologies (NYSE: UBER) plans to sell cannabis on its Uber Eats app to reduce cannabis-impaired driving and combat illicit market sales. The company aims to elevate the quality and safety standards of cannabis products and provide visibility to underrepresented small to medium businesses in the cannabis sector.

Portfolio Pulse from Javier Hasse

June 08, 2023 | 3:30 pm

TSLA

Tesla plans to produce 375,000 Cybertrucks per year and will have release candidates ready by late August, according to an Electrek report.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:29 pm

TSLA

Tesla recently highlighted the impact of federal tax credits on the starting price of its Model 3, bringing it down to $32,740. The announcement emphasizes the benefits buyers can take advantage of, including fuel and maintenance savings, as well as potential state and local incentives.

Portfolio Pulse from Benzinga EV Insights

June 08, 2023 | 3:26 pm

AKLI

Akili Inc (NASDAQ:AKLI) has released EndeavorOTC, a mobile video game treatment for adults with ADHD, which is clinically proven to improve attention and focus. The game is built on the same technology as EndeavorRx, the FDA-authorized video game treatment for children with ADHD. EndeavorOTC is now available without a prescription for adults 18 years and older nationwide.

Portfolio Pulse from Vandana Singh

June 08, 2023 | 3:20 pm

AMRC

Ameresco Inc's joint venture with Atura Power has been selected by the Independent Electricity System Operator (IESO) in Canada to build a 250 MW, 1,000 MWh battery energy storage system. The project will be completed under a joint venture named Napanee BESS Inc, which will enter into a 20-year capacity agreement with IESO.

Portfolio Pulse from Akanksha Bakshi

June 08, 2023 | 3:18 pm

ACAD

Acadia Pharmaceuticals announced that Nature Medicine published results from the Phase 3 LAVENDER trial, which evaluated the efficacy and safety of DAYBUE in patients with Rett syndrome. The study demonstrated statistically significant improvement compared to placebo, providing the basis for the first FDA-approved treatment for Rett syndrome.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 3:14 pm

ADBE

Adobe shares are trading higher following the announcement of new products and AI programs in Adobe Experience Cloud. Several firms have also increased their price targets for the company.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:13 pm