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General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston

By Nabaparna Bhattacharya
June 11, 1:22 PM
GM's Cruise resumes operations in Houston. The company adjusted its EV production target; approved $6B stock buyback.

GM

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Dave Portnoy Says Roaring Kitty Made This ‘Tactical Error’ As GameStop Shares Trade Down 60% From Last Week’s Highs

By Aaron Bry
June 11, 1:12 PM
Dave Portnoy made big purchases in GameStop and AMC, following Roaring Kitty's return to social media and meme stock rally. However, GameStop's stock has since sold off, with Portnoy calling Roaring Kitty's livestream a tactical error.

AMC

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Mullen Automotive Secures Rebate For Its EV Truck In Massachusetts: Details

By Nabaparna Bhattacharya
June 11, 11:59 AM
Mullen Automotive secures rebate for its EV truck in Massachusetts, enhancing EV affordability and advancing clean transportation goals.

MULN

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UAE Supports US Restrictions On Semiconductor Exports To China: Report

By Shivani Kumaresan
June 11, 11:36 AM
Omar Al Olama, UAE's Minister for Artificial Intelligence, acknowledges the risk of advanced semiconductor technologies being misused by China. This statement underscores ongoing U.S. efforts to limit China's access to sensitive technology amid fears of military enhancement.

AMD

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What’s Going On With Cybersecurity Provider Zscaler’s Shares On Tuesday?

By Shivani Kumaresan
June 11, 11:30 AM
Zscaler collaborates with NVIDIA to elevate enterprise security with AI-driven solutions. Their strategic partnership focuses on integrating NVIDIA's sophisticated AI technologies to develop advanced copilot technologies, significantly enhancing cybersecurity defenses and IT operations efficiency.

BUG

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Why Motorcar Parts Of America Shares Are Trading Lower Today

By Nabaparna Bhattacharya
June 11, 10:56 AM
Motorcar Parts of America shares decline as fourth-quarter sales miss estimates, despite positive outlook for brake-related products.

MPAA

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Why Is Academy Sports And Outdoors Stock Falling Today?

By Shivani Kumaresan
June 11, 10:44 AM
Academy Sports and Outdoors Inc (NASDAQ: ASO) shares fell after reporting disappointing Q1 FY24 earnings. Revenue dropped to $1.36 billion, missing forecasts, with comparable sales down by 5.7%. Adjusted EPS also fell short of expectations, amidst challenging economic conditions impacting consumer spending.

ASO

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Reported Monday June 10, 2024 “Amneal, U.S. FTC Win Order Removing Teva Inhaler Patents From FDA List” – Reuters News

By Benzinga Newsdesk
June 11, 10:40 AM
https://www.reuters.com/legal/litigation/amneal-us-ftc-win-order-removing-teva-inhaler-patents-fda-list-2024-06-10/ Drugmaker Amneal Pharmaceuticals (AMRX.O), opens new tab with the backing of the U.S. Federal Trade

AMRX

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Affirm Soars After Apple Partnership Announcement: What It Means For Users

By Nabaparna Bhattacharya
June 11, 10:11 AM
Affirm Holdings gains as Apple announces partnership, extending payment options to Apple Pay users in the US.

AAPL

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Chris Burniske Says He Is ‘Hijacked By Unapologetic Bullishness’ On Bitcoin, Predicts Crypto Market Surge

By Benzinga Neuro
June 11, 10:05 AM
Venture capitalist Chris Burniske has shifted his stance on Bitcoin (CRYPTO: BTC) and the broader crypto market, now expressing strong bullish sentiments.

BTC

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