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META

Meta Platforms' WhatsApp Business app has surpassed 200 million monthly active users, up from 50 million in 2020. The app now allows users to create 'click-to-WhatsApp' ads without a Facebook account and adds a paid feature for merchants to automate personalized customer messages. WhatsApp is also boosting its payments business to increase revenue generation.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:19 pm

DLAKF

DLAKY

Lufthansa has entered decisive talks with its pilots' union to reach an agreement by the end of the week and avert the threat of a strike during the crucial summer travel season. The union rejected Lufthansa's previous offer as 'absolutely insufficient'.

Portfolio Pulse from Akanksha Bakshi

June 27, 2023 | 12:17 pm

U

Unity shares are up following the announcement of a new AI marketplace and Wells Fargo's initiation of coverage with an Overweight rating and $48 price target.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:16 pm

CORT

The Journal of Clinical Oncology has published the results of Corcept Therapeutics' Phase 2 trial of Relacorilant in women with platinum-resistant ovarian cancer. The trial demonstrated promising results, potentially benefiting Corcept's stock (CORT).

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:16 pm

MULN

Mullen Automotive (NASDAQ:MULN) announced that its Series D investors exercised their final option for $100 million, bringing the company's cash and cash equivalents to over $235 million. This comes after Mullen spent $253 million on acquisitions, including majority ownership in Bollinger Motors and assets related to Electric Last Mile Solutions (ELMS).

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:16 pm

OCEA

Ocean Biomedical has been added to the Russell 2000 Index, which could lead to increased visibility and investment for the company.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:13 pm

WBA

Walgreens Boots Alliance (WBA) shares are trading lower after the company lowered its FY23 guidance.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:12 pm

AUMN

Golden Minerals (NYSE:AUMN, TSX:AUMN) announces a $2.1M registered direct offering for the purchase and sale of 1,427,587 shares of common stock at $1.45 per share. The company will also issue unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of $1.90 per share. The offering is expected to close on June 29, 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:10 pm

CNTG

Centogene N.V. shares have resumed trading after a temporary halt due to news.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:09 pm

BABA

WMT

Alibaba's grocery arm, Freshippo, is targeting a Hong Kong IPO by mid-November, marking the first spin-off listing for the company. Freshippo offers a Walmart Sam's Club-like experience and generated $8.4 billion in revenue in 2022.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:08 pm