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MSFT

OpenAI's ChatGPT recently experienced a glitch, producing nonsensical responses and confusing users. This issue, termed 'unexpected responses' by OpenAI, led to a flurry of social media posts from puzzled users. Microsoft Corp. (NASDAQ:MSFT), a backer of OpenAI, was mentioned in relation to the incident. OpenAI has acknowledged the problem and stated that it has been fixed, but continues to monitor the situation.

Portfolio Pulse from Rounak Jain

February 21, 2024 | 2:23 pm

BRK-B

JPM

SLB

TM

On CNBC's 'Halftime Report Final Trades,' experts highlighted their top stock picks including Berkshire Hathaway (BRK-B, BRK-A), Schlumberger (SLB), Toyota Motor (TM), and JPMorgan Chase (JPM). Berkshire Hathaway received a price target increase from UBS, Schlumberger reiterated strong FY24 guidance, Toyota's small-car unit leaders resigned over misconduct, and JPMorgan's diversified portfolio was praised. The stocks showed varied price movements in the latest session.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 2:22 pm

AVPT

AvePoint (NASDAQ:AVPT) announced the addition of three new products to its FedRAMP authorization, aiming to support the U.S. public sector's digital transformation. These products are part of the AvePoint Confidence Platform's Modernization Suite, designed to enhance workplace innovation. Additionally, AvePoint achieved HITRUST CSF v11.0.1 compliance for its platform, supporting the global healthcare industry. This compliance, along with existing SOC 2 Type II certifications, underscores AvePoint's commitment to robust security and privacy standards.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:13 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) announced the launch of Beyond IV, the fourth generation of its Beyond Burger and Beyond Beef products, featuring significant nutritional improvements. These include a 60% reduction in saturated fat, 20% less sodium, and the use of avocado oil for heart-healthy monounsaturated fats. The products, developed in collaboration with health experts, are recognized by leading health organizations and are set to roll out in U.S. retailers this Spring.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:11 pm

HYPR

Hyperfine, Inc. (NASDAQ:HYPR) has announced a collaboration with Athletic Heart to provide portable brain imaging for current and retired professional athletes using the Swoop® Portable MR Imaging® system. This initiative began at the 2024 All-Star game in Indianapolis, focusing on retired professional basketball players to enhance their brain health assessments and medical care. The partnership highlights Hyperfine's commitment to making brain MR imaging accessible in various care settings and Athletic Heart's expansion into brain health alongside their cardiac focus.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:10 pm

ITRI

Itron, Inc. (ITRI) has announced a strategic collaboration with Schneider Electric to modernize and simplify energy distribution, focusing on maximizing grid flexibility, capacity, and efficiency. This partnership aims to address the challenges of the energy transition by digitalizing supply and demand management.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:46 pm

NUE

Nucor Corporation (NYSE:NUE) has received approval from its Board of Directors for an $860 million investment to build a new rebar micro mill in the Pacific Northwest, marking the company's fourth and largest rebar micro mill. This new facility, with a production capacity of 650,000 tons per year, aims to enhance Nucor's leadership in the steel bar market and improve service to customers west of the Rocky Mountains. The project, which is still in the location evaluation phase, is expected to take two years to complete, pending regulatory approvals. Nucor's commitment to producing environmentally friendly steel from nearly 100% recycled scrap is emphasized, alongside the anticipated growth in the domestic rebar market driven by increased U.S. infrastructure investments.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:42 pm

CDZI

Cadiz Inc. (CDZI) and Heerema IGS have entered into a financing agreement where Heerema will acquire a $21.2 million Senior Secured Loan and provide an additional $20 million to fund Cadiz's capital investments for revenue generation, operations, and growth.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:41 pm

CHRS

Coherus BioSciences has launched UDENYCA ONBODY, a device for delivering pegfilgrastim-cbqv in just five minutes. The device features a unique, automatic, retractable needle mechanism designed to enhance safety and comfort for cancer patients.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:31 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has been awarded by Hawaiian Electric Company to develop the 'Ūkiu Energy 40MW renewable energy site in Maui, enhancing grid reliability and advancing Hawaii's clean energy goals. The facility, featuring a biofuel-powered generator with six dual-fuel engines, will support decarbonization, reduce Maui's fossil fuel dependence, and provide 24/7 renewable energy. This project, pending Public Utilities Commission approval, is part of Hawaiian Electric's clean energy procurement phase and will be built, owned, and operated by Ameresco. It marks Ameresco's fourth award with Hawaiian Electric, following the Kūpono Solar, Pu`uloa Energy, and Pu`uloa Solar projects.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:30 pm