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DADA

Dada Nexus Limited reported that during an internal audit, suspicious practices were identified that could affect the legitimacy of some of its 2023 revenues from online advertising and marketing services.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:40 pm

PRLB

Protolabs (NYSE:PRLB) has rebranded its manufacturing partner network from Hubs to Protolabs Network, offering expanded capabilities and a unified customer experience. The rebranding follows significant growth since acquiring the Amsterdam-based network in 2021, with an 80% year-over-year revenue increase in Q3 2023 through the network. The Protolabs Network, with over 250 partners, aims to provide resources for the entire product life cycle, offering benefits like tighter tolerances, enhanced finishing, and higher volumes at lower costs. The move emphasizes a hybrid digital manufacturing model that combines Protolabs' internal capabilities with the global network.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:31 pm

AAPL

Apple announced the Apple Vision Pro, a spatial computer available in U.S. Apple Stores and online from February 2, with pre-orders starting January 19. Vision Pro offers a new way of interacting with digital content through visionOS and supports over 1 million iOS and iPadOS apps. It features a three-dimensional interface, eye, hand, and voice control, and new experiences in productivity, entertainment, gaming, and personal memories. It also introduces a new videoconferencing experience with Persona and is designed with environmental considerations. The starting price is $3,499, with additional accessories available for purchase.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:25 pm

TXN

Texas Instruments (TI) introduced new automotive chips at CES 2024, including the AWR2544 radar sensor chip and DRV3946-Q1 and DRV3901-Q1 driver chips for ADAS and powertrain systems. The AWR2544 is the first single-chip radar sensor for satellite architectures, enhancing sensor fusion and decision-making in ADAS with ranges beyond 200 meters. The driver chips are ISO 26262 functional safety-compliant, offer built-in diagnostics, and support efficient power control in battery management systems. TI is demonstrating these products at CES and discussing semiconductor innovations for the EV market.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:22 pm

EVC

Entravision Communications Corporation has expanded its news programming by adding 38 new weekly newscasts across Univision affiliated stations. This move aims to enhance local news coverage and cater to the growing Hispanic audience. The expansion reflects Entravision's commitment to serving the Hispanic community with more local news content.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:21 pm

XPER

DTS, Inc., a subsidiary of Xperi Inc. (NYSE:XPER), announced at CES 2024 the expansion of DTS AutoStage and HD Radio into more OEM vehicle models, including BMW, Ford, and Harley Davidson. DTS AutoStage, a global entertainment platform for connected cars, will soon include gaming capabilities. A consumer survey by Xperi and DTS found a demand for integrated in-vehicle entertainment beyond smartphone mirroring. BMW has rolled out DTS AutoStage Video Service Powered by TiVo in its 5-Series and will expand to other models and the new MINI family in 2024. Ford is incorporating DTS AutoStage in the 2024 Lincoln Nautilus, and Harley Davidson has adopted HD Radio. Xperi showcases these technologies at CES 2024.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:21 pm

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