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NVDA

Nvidia Corp (NASDAQ:NVDA) has unveiled significant updates to its software suite, including Nvidia inference microservices (NIMs) and enhancements to its AI Enterprise product. These updates aim to streamline AI integration and support the development of humanoid robotics. Despite these advancements, Nvidia's stock has recently declined due to geopolitical tensions between the U.S. and China.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 1:49 pm

ADM

ADM expects its Decatur East Plant to come back online in Q4. CEO Juan Luciano reports solid demand for ethanol in both domestic and export markets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:48 pm

BTC

ETHE

GBTC

The Grayscale Bitcoin Trust (GBTC) is down 10% in pre-market trading following Grayscale Investments' announcement of a spinoff into a new ETF, the Grayscale Bitcoin Mini Trust (BTC). Current GBTC shareholders will receive shares in the new ETF proportional to their GBTC holdings. The spinoff is expected to result in a value shift for investors, with 10% of GBTC's value moving to the new ETF.

Portfolio Pulse from Navdeep Yadav

July 30, 2024 | 1:44 pm

FXI

MRK

Merck has reported potential shipment issues for its Gardasil vaccine in China, citing multiple factors. This could impact the company's short-term performance in the region.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:42 pm

LI

NIO

A NIO executive has requested that Li Auto stop publishing weekly sales rankings, arguing it disrupts operations and constitutes trivial competition. The Chinese government has urged industries to avoid such 'involution.' Li Auto resumed weekly sales figures in May 2023 to demonstrate its leading position among EV startups.

Portfolio Pulse from Nabaparna Bhattacharya

July 30, 2024 | 1:35 pm

AMZN

The FDA has issued a warning to Amazon for distributing unapproved chemical peel products. The violations include the introduction of unapproved new drugs and public health risks.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:27 pm

CREX

Creative Realities, Inc. (NASDAQ:CREX) is expanding its digital signage business into Mexico and the broader Latin America market. This strategic move includes the appointment of Julian Arcila as the new LATAM leader, aiming to capitalize on the growing demand and opportunities in the region.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:12 pm

HYPR

Hyperfine, Inc. (NASDAQ:HYPR) presented initial data from observational clinical studies at the 2024 Alzheimer's Association International Conference (AAIC) in Philadelphia. The data highlights the use of their portable MR brain imaging system, Swoop®, in detecting amyloid-related imaging abnormalities (ARIA) in Alzheimer's patients.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:09 pm

MU

Micron Technology has launched the industry's first ninth-generation TLC NAND in SSDs, achieving a transfer speed of 3.6 GB/s. This new NAND offers 73% higher density compared to competitors, enhancing performance for AI and data-intensive applications.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:06 pm

MRVL

Marvell Technology, Inc. (NASDAQ: MRVL) has launched the Structera CXL product line to address server memory bandwidth and capacity challenges in cloud data centers. The new product line integrates Arm Neoverse processors, inline compression, and four memory channels, and includes the Structera A CXL near-memory accelerator family and the Structera X CXL memory-expansion controller family.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:06 pm