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LHX

RGTI

ZPTA

Zapata AI has published and presented research findings to DARPA from Phase II of the Quantum Benchmarking Program. The collaboration with Rigetti Computing, USC, HRL Laboratories, and L3Harris highlights the economic value of quantum computing use cases and hardware-specific resource requirements. Zapata AI is the only company participating across all program tracks.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:40 pm

MCD

McDonald's has launched its 'Summer of Value' campaign across the US, aiming to attract more customers with special deals and promotions. This initiative is expected to boost foot traffic and sales during the summer months.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:37 pm

CCG

NIO

Cheche Group Inc. (NASDAQ:CCG) shares surged after announcing a partnership with NIO Insurance Broker, a unit of NIO Inc. (NYSE:NIO). The collaboration aims to streamline NIO's auto insurance process using Cheche's digital platform. Cheche's NEV insurance business has seen significant growth, and the company plans further expansion by securing more agreements with NEV manufacturers.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 2:35 pm

BYDDF

BYDDY

BYD Co., Ltd. (OTC:BYDDF) (OTC:BYDDY) has achieved a milestone with over 1 million cumulative sales of its Yuan family models. The Yuan family, which includes the Yuan Up, Yuan Plus, and Yuan Pro SUVs, has significantly contributed to BYD's success in the new energy vehicle (NEV) market.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 2:33 pm

DECK

Deckers Outdoor (NYSE:DECK) has significantly outperformed the market over the past decade, delivering an average annual return of 28.08%. A $1000 investment in DECK 10 years ago would be worth $12,107.28 today. The company's current market capitalization is $25.98 billion.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 2:30 pm

CF

CF Industries Holdings (NYSE:CF) has significantly outperformed the market over the past 20 years, delivering an average annual return of 17.63%. A $100 investment in CF stock 20 years ago would be worth $2,637.65 today. The company currently has a market capitalization of $13.44 billion.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 2:30 pm

ORCL

Oracle has announced a significant investment of over $1 billion in AI and cloud computing in Spain. This move is expected to enhance Oracle's capabilities in these sectors and expand its market presence in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:27 pm

DIS

SONY

UMGNF

Sony Group Corp. (NYSE:SONY) is set to acquire Queen's music catalog for over $1 billion, securing recording and publishing rights, including royalties from Disney Music Group and Universal Music Group NV (OTC:UMGNF). The deal will make Sony the global distributor and owner of all Queen content by 2026 or 2027.

Portfolio Pulse from Franca Quarneti

June 20, 2024 | 2:24 pm

AEM

Agnico Eagle Mines (NYSE:AEM) has unveiled a new plan to increase gold production at its Detour Lake mine in Ontario. The company aims to boost production to an average of one million ounces per year over a 14-year period starting in 2030. The plan includes developing an underground mine to complement the existing open-pit operations, with a preliminary economic assessment (PEA) proposing an underground mining rate of 11,200 tons per day and a mill expansion to 29 million tons per year by 2028. Agnico Eagle has committed $100 million over the next three years to de-risk the underground project.

Portfolio Pulse from Stjepan Kalinic

June 20, 2024 | 2:15 pm

KR

Kroger's Q1 performance exceeded expectations in the grocery segment, which helped offset weaker results in the health and wellness business, as stated by a Kroger executive during a conference call.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:08 pm