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DTCR

ENTR

NVDA

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) has partnered with Datasection, Foxconn, KDDI, and Sharp to create a large-scale AI data center in Japan, leveraging Nvidia Corp’s (NASDAQ:NVDA) advanced chips. The stock price of SMCI gained following the announcement, and the broader semiconductor index recovered from a recent selloff. The new data center will feature Supermicro's Total IT rack-scale liquid-cooled solutions and support advanced AI applications. Analysts have noted continued sales momentum for Supermicro, which has seen a 251% stock gain over the last 12 months. Investors can gain exposure to SMCI through ERShares Entrepreneurs ETF (NASDAQ:ENTR) and Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR).

Portfolio Pulse from Anusuya Lahiri

June 03, 2024 | 12:54 pm

VRNT

Verint has secured a $4 million deal to deploy four AI-powered bots for a regional healthcare insurer.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:48 pm

EVAX

Evaxion Biotech A/S (NASDAQ:EVAX) presented data from its ongoing Phase 2 trial of the AI-designed cancer vaccine EVX-01 at the ASCO Annual Meeting 2024. The data showed a specific and tumor-targeting immune response in melanoma patients, validating the precision of Evaxion's AI-Immunology™ platform.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:47 pm

SPOT

Spotify shares are trading higher after the company announced a price increase for its Premium plans.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:47 pm

ASPI

ASP Isotopes Inc. (NASDAQ: ASPI) has received a purchase order from a leading global industrial gases company for the supply of highly enriched silicon-28, expected to be delivered in 2024. This is the second order for enriched electronic gases in 2024, and the company is in discussions with multiple potential customers for next-generation semiconductor applications.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:46 pm

DOGEUSD

FLOKIUSD

PEPEUSD

SHIBUSD

Pseudonymous trader Unipcs, also known as 'Bonk Guy,' predicts a strong week for meme coins, particularly highlighting Floki (FLOKI) for its strong performance against other cryptocurrencies. He also mentions Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Dogwifhat (WIF) as interesting investments. The meme coin market is experiencing significant activity, with a valuation of $66.9 billion.

Portfolio Pulse from Khyathi Dalal

June 03, 2024 | 12:43 pm

ENLV

Enlivex Therapeutics Ltd. (NASDAQ: ENLV) has received regulatory authorization from the Israeli Ministry of Health to initiate a Phase I/II trial for Allocetra™ in treating thumb osteoarthritis. This is the first study of Allocetra™ in thumb osteoarthritis, a condition with no FDA-approved therapy, and follows ongoing trials in knee osteoarthritis.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:43 pm

LVO

LiveOne (NASDAQ:LVO) will host a webcast on June 5, 2024, to provide updates on strategic partnerships, B2B pipeline, and the addressable market for its subsidiaries. The event will be led by senior management and aims to showcase the company's progress and growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:42 pm

ABL

Abacus Life, Inc. (NASDAQ:ABL) has announced a new national distribution agreement with AIMCOR, a major insurance marketing organization. Abacus will become a preferred partner for life settlement solutions within AIMCOR's extensive network.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:41 pm

CELU

Celularity presented data on its T-Cell therapy platform at the ASCO Annual Meeting, highlighting the potent activity of PT-CD16VS and its potential for combination with monoclonal antibodies to target multiple cancers.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 12:39 pm