Streetbeat News

Corporate Responsibility

AMZN

AWS has introduced four new capabilities to enhance its AWS Supply Chain service. These include Supply Planning for accurate forecasting and planning, N-Tier Visibility for improved planning and execution with suppliers, Supply Chain Sustainability for tracking carbon emissions and compliance data, and Amazon Q, an AI-powered assistant for risk management and scenario visualization. Companies like Boston Consulting Group, Equipment Depot, and Woodside Energy are already utilizing these new features.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:01 pm

AMZN

Amazon Web Services (AWS) has introduced new generative AI capabilities in Amazon Connect, its cloud contact center service, to enhance customer service experiences. These capabilities include Amazon Q in Connect for real-time agent assistance, Amazon Connect Contact Lens for AI-generated summaries of customer conversations, Amazon Lex for easier chatbot and IVR creation, and Amazon Connect Customer Profiles for aggregating customer data. Companies like Choice Hotels, NatWest Group, NeuraFlash, Traeger Grills, and USAN are already using these features to improve productivity and customer satisfaction. The new features are designed to be easily implemented by non-technical business leaders and are generally available, with Amazon Connect Contact Lens in preview.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:52 pm

GILD

Gilead Sciences has expressed confidence in the safety profile of its cancer treatments Tecartus and Yescarta, stating there is no evidence that these treatments cause new malignancies.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:46 pm

BNBUSD

Changpeng Zhao has stepped down as chairman of the board of directors of Binance.US, the American arm of the global cryptocurrency exchange Binance. Binance.US operates independently within the U.S. and is not involved in the recent settlements that Binance.com faced. Zhao's departure marks a governance shift, with him retaining only an economic interest. Binance.US, led by Norman Reed, aims to focus on growth and customer-centric services. The change follows a $4.3-billion settlement involving Binance.com with regulatory bodies.

Portfolio Pulse from Murtuza Merchant

November 28, 2023 | 5:38 pm

NVDA

NVIDIA announced a new generative AI microservice at AWS re:Invent, designed to integrate custom large language models with enterprise data, enhancing AI applications with accurate responses.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:16 pm

AMZN

At AWS re:Invent, CEO Adam Selipsky announced that AWS will indemnify customers against copyright infringement claims related to its AI models. This move aims to protect customers using AWS's AI services and encourage more businesses to adopt AI without fear of legal repercussions.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:01 pm

CHEK

Symetryx, holding 5.6% of Check-Cap Ltd. (NASDAQ:CHEK) shares, issued an open letter urging shareholders to vote against the Keystone Dental merger and Check-Cap board nominees, citing an unrealistic valuation of Keystone and Check-Cap's troubling cash burn. Symetryx recommends voting for its own slate of director candidates, arguing that the proposed merger is value-destructive and dilutive, and that the Check-Cap board is not acting in shareholders' best interests. Symetryx also highlights ongoing operational concerns, including a deficiency letter from the FDA to Keystone, and criticizes the current board for not engaging with Symetryx's proposals or providing financial transparency.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:00 pm

GOOS

Canada Goose Holdings Inc (NYSE:GOOS) has acquired the operating assets of its Romanian partner, Paola Confectii Manufacturing, to enhance its knitwear production capabilities. The acquisition, which is the company's first European facility, aims to improve product margins, supply control, and in-house expertise. Financial terms were not disclosed. Paola Confectii, which has been a partner since 2017, will continue operations under its current leadership. Canada Goose's cash position was C$37.5 million as of October 1, 2023, and its shares saw a 2.17% increase to $10.88.

Portfolio Pulse from Shivani Kumaresan

November 28, 2023 | 4:40 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) has signed an agreement with carbon removal startup Graphyte to purchase 10,000 tons of permanent carbon removal, set to be delivered in early 2025. Graphyte's Carbon Casting process is an efficient and low-cost method for permanent CO2 removal. American Airlines aims to support the growth of the CO2 removal market and meet its emissions reduction goals with this purchase. AAL's stock saw a slight decrease of 0.62% to $12.10 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

November 28, 2023 | 4:30 pm

AMZN

NVDA

During the AWS re:Invent conference, NVIDIA's CEO Jensen Huang presented, which coincided with an increase in NVIDIA's stock price. The details of the presentation were not provided, but the positive market reaction suggests that the content was well-received by investors.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:29 pm