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GOOG

GOOGL

YouTube, a subsidiary of Alphabet Inc., is testing an AI system designed to organize comments on its platform more efficiently. The AI categorizes comments into topics, making it easier for users to navigate discussions. YouTube is also testing another AI tool to answer viewers' questions about a video's content. These AI features are in the early stages of development and are expected to be offered to a wider audience soon.

Portfolio Pulse from Benzinga Neuro

November 07, 2023 | 10:24 am

SOLUSD

Solana's native token, SOL, has seen a 10% price correction, falling to $40 on Nov. 6 after failing to breach the $44.50 mark. This follows a 36.6% rise between Oct. 30 and Nov. 2. Despite recent developments such as the unveiling of Firedancer, a new client designed to boost speed and reduce hardware requirements for validators, and Solana’s network data being made available on Google Cloud BigQuery, challenges remain. Lido Finance announced its withdrawal from the Solana network due to financial unsustainability, and Solana's DApp deposits saw a 30% drop in 30 days. Issues of possible centralization have also surfaced.

Portfolio Pulse from Benzinga Neuro

November 07, 2023 | 10:08 am

RWT

Home equity investment platform Point and Redwood Trust, Inc. (NYSE:RWT) have completed the first rated securitization of Point's Home Equity Investment (HEI) assets, issuing approximately $139 million of rated asset-backed securities. This is the second HEI-backed securitization that Point and Redwood have completed together.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:05 am

ACMR

ACM Research, Inc. (ACM) has received a purchase order for its Ultra C b backside clean and bevel etch tool from a major U.S. semiconductor manufacturer. The tool is expected to be shipped in the second quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:56 am

INTC

VNM

Intel has decided to halt its planned expansion of chip operations in Vietnam, according to a Reuters report. The decision could potentially impact the company's production capabilities.

Portfolio Pulse from Charles Gross

November 07, 2023 | 9:53 am

BIDU

NVDA

Baidu has reportedly placed an order for AI chips from Huawei, shifting away from Nvidia. The order includes 1,600 of Huawei's Ascend 910 AI chips.

Portfolio Pulse from Charles Gross

November 07, 2023 | 9:47 am

INTC

Intel Corp. is reportedly in the lead to receive billions of dollars in funding for secure defense-chip facilities, according to The Wall Street Journal. This could significantly boost Intel's manufacturing capabilities and strengthen its position in the semiconductor industry.

Portfolio Pulse from Charles Gross

November 07, 2023 | 9:41 am

BIDU

NVDA

Baidu Inc. (NASDAQ:BIDU) has reportedly switched from Nvidia Corporation (NASDAQ:NVDA) to Huawei for the supply of AI chips. The move is seen as a response to increasing U.S. restrictions on tech exports to China. The order, placed in August, included 1,600 Huawei Ascend 910B AI chips, worth around 450 million yuan ($61.83 million). This shift indicates Chinese tech firms adjusting to geopolitical pressures.

Portfolio Pulse from Benzinga Neuro

November 07, 2023 | 9:01 am

FTS

Fortis Inc. has priced a private placement offering of $500 million aggregate principal amount of 5.677% senior unsecured notes due November 8, 2033. The offering is being made through a syndicate of agents co-led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc., and is expected to close on November 8, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:19 am

EWU

The U.K. Halifax House Price Index for October shows a decrease of 3.2% year-on-year, which is an improvement compared to the prior decrease of 4.5%.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:02 am