Streetbeat News

Stock Prices

TGAN

Transphorm has unveiled a new 300 W DC-to-DC GaN reference design specifically for battery chargers in 2- and 3-wheeled electric vehicles. This new design highlights the key capabilities of GaN technology in advancing e-mobility applications.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:06 am

GME

Keith Gill, known as 'Roaring Kitty,' saw his potential billionaire status slip as GameStop Corp. (NASDAQ:GME) shares fell 12% following disappointing Q1 results and a surprise 75 million share offering. Gill's holdings are now valued at $235.46 million, down from a potential $1 billion if GME had stayed above $65.

Portfolio Pulse from Shanthi Rexaline

June 11, 2024 | 7:59 am

POWI

Power Integrations (NASDAQ:POWI) has introduced the BridgeSwitch-2 BLDC IC family, enhancing motor-drive technology with high efficiency and design flexibility. The new ICs target applications up to 1 HP and are supported by the MotorXpert software suite.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 7:54 am

UBS

UBS Group AG and Credit Suisse Group's Swiss units are set to merge by July 1, 2024, according to UBS Switzerland President Sabine Keller-Busse. The merger is progressing smoothly, with customer transfers to UBS's IT systems expected in 2025. The integration will result in 3,000 layoffs in Switzerland. UBS also announced a $2 billion share buyback program in April to enhance investor returns amid the acquisition.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 7:35 am

AAPL

BTCUSD

Tim Cook, CEO of Apple Inc., revealed in late 2021 that he holds cryptocurrencies. Since then, Bitcoin has experienced significant volatility but has broadly preserved its value. An investment of $1,000 in Bitcoin at the time of Cook's announcement would be worth $952 today. Despite the decline, bullish forecasts suggest potential for future gains.

Portfolio Pulse from Aniket Verma

June 11, 2024 | 7:29 am

AAPL

Jim Cramer is optimistic about Apple Inc. (NASDAQ:AAPL) following its AI advancements unveiled at WWDC 2024. The new AI, Apple Intelligence, will enhance user experience on iPhone, iPad, and Mac with personalized services and improved security. Cramer believes these innovations will positively impact Apple's stock.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 6:48 am

MOLN

Molecular Partners and Orano Med have unveiled preclinical data for their DLL3-targeting Radio-DARPin Therapy (RDT) candidate MP0712 at the SNMMI 2024 conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 6:18 am

TSLA

Former Tesla executive Rohan Patel stated that adopting a traditional dealership model would have been an existential threat to Tesla and the EV industry in the U.S. Tesla's direct sales model is crucial for its survival and success.

Portfolio Pulse from Anan Ashraf

June 11, 2024 | 6:13 am

EWU

The U.K. Average Earnings Index +Bonus for April increased by 5.9%, surpassing the estimated 5.7% and matching the revised prior figure of 5.9%.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 6:04 am

SINGY

Singapore Airlines (OTC:SINGY) has offered up to $25,000 in compensation to passengers after a fatal turbulence incident. The airline is addressing the aftermath by providing immediate financial assistance, covering medical expenses, and revising safety policies.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 5:57 am