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LEA

Lear Corporation has increased its 2023 financial outlook, signaling a positive future for the company.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:33 pm

BYTS

BYTE Acquisition Corp. (NASDAQ:BYTS) and Airship AI Holdings, Inc. announced a definitive agreement for a business combination, with Airship AI expected to become a public company and list on Nasdaq under the ticker symbol 'AISP'. The transaction is expected to close in Q3 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:33 pm

HST

Morgan Stanley analyst Thomas Allen downgraded Host Hotels & Resorts (NASDAQ:HST) from Equal-Weight to Underweight and lowered the price target from $19 to $15.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:31 pm

MSFT

NVDA

SNOW

Snowflake Inc (SNOW) shares are trading higher after announcing a partnership with Nvidia Corp (NVDA) to provide businesses with an accelerated path to create customized generative AI applications using their own proprietary data. The news follows a partnership announcement with Microsoft Corp (MSFT) on Monday.

Portfolio Pulse from Adam Eckert

June 27, 2023 | 12:30 pm

BIDU

Baidu announced that its AI model, Ernie 3.5, outperformed OpenAI's ChatGPT in several benchmark tests. The Chinese search engine firm has been testing Ernie Bot since March. Baidu's latest model, Ernie 3.5, excelled in Chinese language tests, beating OpenAI's GPT 4.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:29 pm

LCID

Lucid Group (NASDAQ:LCID) shares rose after announcing a technology partnership with Aston Martin. The partnership involves integrating and supplying electric vehicle powertrain and battery systems, with contracts worth over $450 million. Lucid's stock traded more than 3x its average daily call volume on Monday.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 12:29 pm

CIR

CIRCOR International (CIR) has accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement from $49 to $51 per common share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:28 pm

CNTG

CENTOGENE and Lifera have formed a joint venture in Saudi Arabia, with Lifera providing a $30 million mandatory convertible loan to the company.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:26 pm

CCRD

CoreCard Corporation (NYSE:CCRD) has joined the Russell 3000 Index, effective June 26, 2023. The inclusion reflects the success of CoreCard's platform and is expected to increase exposure to the investment community.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:25 pm

ISPR

Ispire Technology raised approximately $8 million in a private placement of common stock, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:24 pm