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WLDS

Wearable Devices Ltd. (NASDAQ: WLDS) announced a breakthrough in sensing technology, unveiling an AI-based algorithm for precise gesture learning. The technology incorporates adaptable AI, noise-resistant features, and custom recurrent neural networks for sensor fusion and fast adaptation.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:23 pm

GM

TSLA

General Motors (GM) announced a collaboration with Tesla to integrate Tesla's charging port into its vehicles starting in 2025, leading to a rise in GM shares.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:22 pm

TSLA

Tesla's stock is trading higher after Wedbush added it to its best ideas list and increased its price target from $215 to $300.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:21 pm

AYTU

Aytu BioPharma announces a $4M public equity offering priced at-the-market, co-led by Nantahala Capital Management and Stonepine Capital Management, with participation from Armistice Capital. The offering is expected to close on June 13, 2023, and extend the interest-only period on the company's $15 million senior secured loan facility with Avenue Venture Opportunities Fund.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:20 pm

ADBE

Adobe shares are trading higher after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $420 to $525.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:16 pm

NFLX

Netflix shares are trading higher after a report indicated an increase in subscriptions following the company's crackdown on password sharing.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:14 pm

XELA

Exela Technologies has completed the sale of its high-speed scanner manufacturing and maintenance business, including the Intelliscan family of products, to Imaging Business Machines, LLC. The business generated $20.5 million in revenue in 2022.

Portfolio Pulse from Charles Gross

June 09, 2023 | 1:09 pm

GDX

GLD

SLV

Precious metals miners' shares rallied on Thursday, with the VanEck Gold Miners ETF (GDX) posting a 1.2% rise and several mining stocks reporting solid gains. The unexpected surge in unemployment claims sparked fears about a weakening labor market, triggering positive reactions for gold and silver mining companies.

Portfolio Pulse from Piero Cingari

June 09, 2023 | 1:09 pm

BRZE

EVGO

EVX

GM

TSLA

Tesla shares rose 6% as it was added to Wedbush's Best Ideas list, while General Motors announced collaboration with Tesla for charging ports integration, resulting in a 3% increase in GM shares. Braze shares surged 12% after strong quarterly results, while EVgo shares dropped 9% possibly due to GM/Tesla news. VanEck Environmental Services ETF could be a play amid Canadian wildfires.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:07 pm

ACON

ELEV

GOVX

SIEN

SNOA

TOI

12 health care stocks experienced significant price movements in Friday's pre-market session, with 6 gainers and 6 losers. Notable gainers include Sientra, Sonoma Pharmaceuticals, and Oncology Institute, while Elevation Oncology, Geovax Labs, and Aclarion were among the losers.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 1:07 pm