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XPER

At CES 2024, Xperi Inc. announced a new OEM partnership for smart TVs with its Powered by TiVo platform, expanded its relationship with BMW for the DTS AutoStage Video Service, and added new content partners globally. Xperi's TiVo OS for smart TVs and DTS AutoStage for connected cars aim to enhance the entertainment experience with personalization and machine learning. Smart TVs with TiVo OS are rolling out in Europe through partners like Vestel, Argos, Konka, and Sharp. The DTS AutoStage Video Service is being deployed in various BMW models across multiple countries, offering premium content in vehicles.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:20 pm

CART

Instacart (NASDAQ:CART) has announced the expansion of its advertising solutions to include ads on its AI-powered Caper Carts. The initiative will pilot at Good Food Holdings' Bristol Farms stores in Southern California, with plans to deploy thousands of Caper Carts by the end of 2024. Launch partners include Del Monte Foods, Dreyer's Grand Ice Cream, and General Mills, offering personalized ads and product recommendations. This move is part of Instacart's strategic evolution to support retailers and brands both online and in-store, and it builds on the company's Carrot Ads technology.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:18 pm

NHWK

NightHawk Biosciences (NYSE:NHWK) is changing its name to Scorpius Holdings, Inc. and its ticker to SCPX to reflect its transition to a large molecule biomanufacturing CDMO. The change will not affect share structure or shareholder rights. The company has also expanded its leadership team with key promotions and new hires to support its growing client base and address the shortage of clinical-scale biologic manufacturing capacity. The expansion is expected to generate high incremental margins and attractive returns for shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:55 pm

GRMN

Garmin has introduced the HRM-Fit, a new heart rate monitor designed specifically for women, expanding its product line and potentially appealing to a broader customer base.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:52 pm

JNVR

Janover Inc (NASDAQ:JNVR) has launched Janover Insurance Group, a new insurtech subsidiary. The venture will integrate with Janover's AI applications and marketing funnel, which has over 88 million annual impressions on Google. This integration is expected to provide broad distribution and operational efficiencies. Janover Insurance Group will initially focus on multifamily and commercial property insurance, with plans to expand to SMB clients. The company aims to transform commercial property insurance using generative AI and data access. Tyler Schapiro, CEO of Flagler Insurance, has been tapped as a strategic advisor to enhance the subsidiary's expertise.

Portfolio Pulse from Anusuya Lahiri

January 08, 2024 | 1:45 pm

INVZ

Innoviz Technologies Ltd. (INVZ) will participate in CES 2024, showcasing the BMW i7 and Volkswagen ID. Buzz, both integrated with Innoviz's LiDAR technology. The BMW i7, featuring InnovizOne LiDAR, is available for order in Germany, with deliveries starting March 2024. The VW ID. Buzz, equipped with InnovizTwo LiDAR, highlights level 4 autonomous capabilities. Innoviz will also demonstrate Innoviz360 and has been named a CES 2024 Innovation Awards Honoree for its InnovizCore Compute Module.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:37 pm

MICS

Singing Machine (NASDAQ: MICS) partners with Stingray (TSX:RAY, RAY.B) to launch a new in-car karaoke system with vocal scoring and gamification, debuting at CES 2024. The system includes a karaoke app with 100,000+ songs and a microphone with pitch detection and vocal enhancements. The partnership aims to tap into the growing in-car entertainment market, offering a safe and engaging experience for passengers.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:17 pm

SSNLF

At CES 2024, Samsung Electronics Co Ltd. (OTCPK: SSNLF) showcased a prototype of its Transparent MicroLED display, a result of six years of R&D. The technology promises an immersive visual experience but remains expensive. Samsung's reveal follows LG's launch of the LG Signature OLED T, a transparent OLED TV, marking increased competition in the transparent display market.

Portfolio Pulse from Rounak Jain

January 08, 2024 | 1:10 pm

PZZA

Papa John's International, Inc. reported a preliminary global system-wide sales increase of approximately 5% for FY23, with 210 net new units, including 57 in North America. North America comparable sales also saw a preliminary increase of 1%. The company's long-term strategic initiatives are aimed at driving comparable sales growth and higher AUVs through increased marketing investments in North America, improving restaurant-level margins, boosting net new unit development, and enhancing international operational effectiveness.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:02 pm