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VGK

The Eurozone ZEW Economic Sentiment for June has come in at 51.3, significantly higher than the estimated 47.8 and the prior 47.0. This indicates improved economic confidence in the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:43 am

VGK

The Eurozone Consumer Price Index (CPI) for May came in at 2.6% year-over-year, matching the estimated 2.6% and up from the prior 2.4%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:43 am

VGK

The Eurozone Consumer Price Index (CPI) for May increased by 0.2%, matching the estimated growth and down from the 0.6% increase in the previous month.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:42 am

VGK

The Eurozone Core Consumer Price Index (CPI) for May remained steady at 2.9% year-over-year, matching the estimated value and slightly higher than the previous month's 2.7%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:42 am

AAPL

IYW

VGT

Apple Inc. (NASDAQ:AAPL) will discontinue its 'buy now, pay later' (BNPL) service in the U.S. and introduce a new loan program later this year. The new program will allow installment loans through various payment methods, including credit and debit cards, directly via Apple Pay. Existing BNPL customers can continue to manage and repay their loans through the Wallet app. This move aims to expand Apple's financial services globally. Apple stock has gained over 17% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 18, 2024 | 9:39 am

ASNS

AWIN

CHGG

MBIO

NLSP

QMCO

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

Toyota Chairman Akio Toyoda has been re-elected despite decreased shareholder support and governance issues. The reappointment was expected due to Toyota's shareholdings by other group firms and Toyoda's popularity among retail investors. However, a significant drop in shareholder support could prompt further governance reforms. Toyota has faced safety and certification testing violations, leading to a 10% drop in shares since the revelations, though shares are still up 18% for the year.

Portfolio Pulse from Benzinga Neuro

June 18, 2024 | 9:14 am

URGN

UroGen Pharma has priced a public offering of 5 million shares at $17.50 per share and pre-funded warrants to purchase 1.14 million shares at $17.499 per warrant, aiming to raise approximately $107.5 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:01 am

MACI

MACIU

MACIW

Melar Acquisition Corp. I has priced its $150M IPO at $10 per unit, with each unit consisting of one Class A ordinary share and one-half of one warrant. The units will be listed on Nasdaq under the symbol 'MACIU' starting June 18, 2024. The Class A shares and warrants will trade separately under 'MACI' and 'MACIW' respectively once separated.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:00 am

AZN

AstraZeneca's CAPItello Phase 3 trial for Truqap (Capivasertib) combined with Paclitaxel in locally advanced/metastatic triple-negative breast cancer did not meet the dual primary endpoints of improvement in overall survival versus Paclitaxel plus placebo.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:53 am