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GWAV

Greenwave Technology Solutions has significantly strengthened its balance sheet by $80.5 million since February and attracted $45.3 million in new capital since March. The company's business plan is now fully funded with no current need for additional capital.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:38 pm

PM

VDC

XLP

Philip Morris International Inc. (NYSE:PM) is trading lower in premarket after its affiliate, Swedish Match North America LLC (SMNA), received a subpoena from the Attorney General of D.C. regarding the sale of flavored nicotine pouches. SMNA has suspended online sales of ZYN products and is conducting a review. The inquiry could lead to substantial financial liabilities. Philip Morris stock has gained over 7% in the last 12 months. Investors can gain exposure via Consumer Staples Select Sector SPDR Fund (NYSE:XLP) and Vanguard Consumer Staples ETF (NYSE:VDC).

Portfolio Pulse from Shivani Kumaresan

June 18, 2024 | 12:37 pm

REBN

Reborn Coffee shares are trading higher following the company's launch on Amazon.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:35 pm

SOLUSD

The launch of 'Trump Coin' ($DJT) on Solana, reportedly linked to Donald Trump's campaign and led by Barron Trump, has caused significant volatility in the crypto market. Other Trump-related meme coins, including PoliFi tokens and Tremp, have plummeted by 30-40%. The legitimacy of the token remains uncertain, with skepticism from the crypto community.

Portfolio Pulse from Murtuza Merchant

June 18, 2024 | 12:31 pm

SPY

Core Retail Sales for May decreased by 0.1%, missing the estimated increase of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:30 pm

SPY

Retail sales for May increased by 0.1%, falling short of the estimated 0.3% growth. This indicates a slower-than-expected growth in consumer spending.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:30 pm

SONM

Sonim Technologies has launched its first rugged 5G mobile hotspot, expanding its product portfolio in the 5G market.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:28 pm

NEP

NextEra Energy Partners (NYSE: NEP) will meet with investors throughout June to discuss and reaffirm their long-term growth-rate expectations, as presented in their Q1 2024 financial results call on April 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:25 pm

SPNS

Sapiens has launched an AI-powered, open, integrated, cloud-native platform, which is expected to enhance its product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:21 pm

CVM

CEL-SCI Corporation presented promising data at the IDDST Annual Congress showing that their Multikine treatment significantly improves survival rates for head and neck cancer patients with low PD-L1 expression. The treatment cut the 5-year risk of death in half and showed a 73% survival rate compared to 45% in the control group. CEL-SCI is working towards an FDA confirmatory registration study for Multikine.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:21 pm