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AMBA

Ambarella announced that Plus's Plusvision is now available on Ambarella's CV3-AD AI Domain Controller Family of Systems-on-chip (SoCs), which provides industry-leading AI performance per watt.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:01 am

MSFT

OpenAI has started rolling out its advanced Voice Mode to a select group of ChatGPT Plus users, offering more natural, real-time conversations and emotional responsiveness. This comes after a delay due to safety concerns and a controversy involving Scarlett Johansson. Microsoft has integrated OpenAI models into its Azure cloud platform.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 8:43 am

AMZN

GOOGL

MSFT

NVDA

TSM

Microsoft's Q4 results showed a slight miss in cloud revenue, leading to a modest sell-off in shares. Analysts remain bullish on the company's AI prospects and future growth in Azure revenue. The miss in Azure's growth rate, now matching Google's, suggests competition with Amazon's AWS. Increased capex is seen as a long-term positive.

Portfolio Pulse from Shanthi Rexaline

July 31, 2024 | 8:39 am

LCID

Lucid Group (NASDAQ:LCID) has commenced pre-production of its Gravity SUV, a competitor to Tesla's Model X. CEO Peter Rawlinson shared a video of the first pre-production unit, highlighting the vehicle's unique features. The Gravity SUV is expected to start under $80,000 and aims to capture a market segment that the Model X did not. Lucid plans to start production later this year and has future plans for a high-volume, midsize vehicle by 2026.

Portfolio Pulse from Anan Ashraf

July 31, 2024 | 8:34 am

GOOG

GOOGL

META

Meta Platforms Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) have faced criticism for their AI systems' handling of information related to an attempted assassination on former President Donald Trump. Meta's AI assistant incorrectly denied the event, which the company attributed to 'hallucinations' in generative AI. Alphabet's Google faced allegations of censoring search results, which it addressed by explaining outdated protections and automatic news topic generation.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 7:22 am

NKLA

Nikola Corporation and ITD Industries have opened Ontario's first hydrogen station for heavy-duty transport. This development marks a significant step in the adoption of hydrogen fuel for large vehicles in the region.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:15 am

NDAQ

Bitvavo partners with Nasdaq to implement Market Surveillance technology, enhancing trust and transparency in its cryptocurrency exchange platform.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:13 am

IFF

IFF is set to open a state-of-the-art innovation center in Shanghai, aiming to expand its market share in Asia.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:06 am

JNJ

Johnson & Johnson's DARZALEX FASPRO Quadruplet Therapy has been approved by the FDA for the initial treatment of multiple myeloma. The therapy showed a 60% reduction in the risk of disease progression or death, solidifying it as a foundational frontline therapy.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:05 am

FVRR

Fiverr has acquired AutoDS, a dropshipping tool, to enhance its eCommerce capabilities. This acquisition integrates tens of thousands of dropshippers into Fiverr's ecosystem, expanding its footprint in dropshipping, website development, e-commerce management, and social media marketing.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 6:33 am