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EXAS

Exact Sciences has announced a collaboration with Mayo Clinic to offer comprehensive genomic profiling and hereditary cancer tests to patients. This initiative will enhance the data available for cancer research and patient care at Mayo Clinic. Patients participating will consent to the tests and data sharing, and will receive personal copies of their results.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:08 am

META

NFLX

Elon Musk criticized Meta Platforms Inc. (META) following a recent outage of Facebook, Instagram, and WhatsApp, attributing it to the company's alleged distraction with selling user data. This incident comes amid allegations and court filings accusing Meta of sharing user data with Netflix (NFLX) and other privacy concerns. Meta has denied these allegations.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 9:32 am

META

Instagram, owned by Meta Platforms Inc. (NASDAQ:META), is reviving its cash bonus program for creators, now including photo content alongside videos. The 'Spring Bonus' program, invite-only and available in the U.S., Japan, and South Korea, offers up to $30,000 over 30 days for engagement on reels, photo carousels, and single-image posts. This move aims to compete with TikTok and address creator discontent with previous platform updates.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 8:51 am

GRFS

Grifols has received the CE mark for its Procleix ArboPlex Assay, an in vitro nucleic acid test that detects four types of arboviruses. This milestone underscores Grifols' leadership in transfusion medicine and its commitment to enhancing the safety of the global blood supply. The development is particularly significant given the increasing threat of arboviruses due to climate change and global connectivity.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:13 am

DIS

The boardroom battle at Walt Disney Co. (NYSE:DIS) was highlighted by Ken Squire of 13D Monitor on CNBC, emphasizing it was not aimed at CEO Bob Iger but was about holding the board accountable for long-term succession planning. Despite Nelson Peltz's proxy fight and nomination for the board, Disney emerged victorious, electing its slate of board members. Jeffrey Sonnenfeld disagreed with Squire's view, praising Disney's board strength. Elon Musk also weighed in, supporting Peltz's board nomination.

Portfolio Pulse from Ananya Gairola

April 04, 2024 | 8:07 am

NVDA

SK Hynix announced a $3.87 billion investment in its first U.S. chip packaging facility in Indiana, focusing on high-bandwidth memory chips for AI systems, including NVIDIA GPUs. This move aligns with the Biden administration's efforts to boost U.S. chip production and is expected to enhance supply-chain resilience, create jobs, and foster a local semiconductor ecosystem. The investment is seen as a response to the CHIPS and Science Act and aims to mitigate risks like those from recent disruptions in global chip production.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 7:51 am

TWLO

Byron Deeter, a director at Twilio since 2010, will retire from the board by the 2024 annual meeting. Additionally, Twilio's board has unanimously voted to seek shareholder approval for the declassification of its board.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:16 am

MDJH

MDJM announced a new initiative aimed at fostering cultural and economic integration between Eastern and Western cultures. The project focuses on promoting cultural exchanges, preserving traditional skills, and creating job opportunities to boost local economies.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:11 am

ACB

AMZN

DIS

PARA

TSLA

Amazon, Disney, Aurora Cannabis, Paramount Global, and Tesla were among the top stocks on investors' radars, with varied performance. Amazon and Tesla saw modest gains, while Aurora Cannabis and Paramount Global experienced significant surges. Disney's shares fell. The movements were influenced by analyst ratings, company announcements, and industry developments.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 4:13 am

AAPL

AMD

NVDA

TSM

Gene Munster, a tech analyst, highlighted the potential impact of a recent earthquake in Taiwan on AI development due to production challenges at Taiwan Semiconductor Manufacturing Co. (TSMC). The 7.2-magnitude earthquake forced TSMC to halt chip production temporarily, raising concerns about the future of AI as TSMC is a crucial supplier for major companies like Apple, Nvidia, and AMD. Munster's comments draw attention to the vulnerability of AI's development to geopolitical tensions and the importance of diversifying chip manufacturing locations.

Portfolio Pulse from Sudhanshu Singh

April 04, 2024 | 1:26 am