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RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) has partnered with Geotab to provide an Integrated Data Solution for its commercial vehicles in North America. This collaboration aims to enhance fleet management by offering a unified dashboard for data insights, optimizing fleet performance, and reducing costs. The announcement was made at the Advanced Clean Transportation Expo. Despite this positive development, RIVN shares are trading lower by 1.46% to $10.13.

Portfolio Pulse from Nabaparna Bhattacharya

May 21, 2024 | 2:05 pm

INSG

Inseego Corp. (NASDAQ:INSG) has announced the release of the MiFi X PRO 5G mobile hotspot, the first in the industry to receive FIPS 140-2 certification. This certification ensures high security standards for government agencies and businesses. The product is now available through North American mobile network operators and resellers.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:02 pm

AMZN

NVDA

Nvidia shares are falling after a report that Amazon has halted orders for Nvidia's 'superchip' to wait for updated models. Amazon's cloud computing business has transitioned to Nvidia's latest Grace offering, causing concerns about a potential slowdown in demand for Nvidia's AI chips.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 2:00 pm

MSFT

NSIT

QCOM

Insight Enterprises (NASDAQ:NSIT) will be among the first to adopt Windows-based AI PCs with dedicated neural processing units powered by Qualcomm Snapdragon X Elite processors. These devices will feature the new Windows 11 always-on AI experience with Copilot+.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:00 pm

PTPI

Petros Pharmaceuticals (NASDAQ:PTPI) has formed an Advisory Committee to guide the potential Rx-to-OTC switch for STENDRA, focusing on development and communication with the U.S. FDA.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:54 pm

ERMAF

GLCNF

Nickel prices have surged above $20,000 per ton due to supply concerns from New Caledonia and sanctions on Russian metal. New Caledonia, holding 20-30% of the world's nickel reserves, faces economic challenges as prices fell 45% in 2023. Glencore and Eramet have reduced operations, impacting local communities.

Portfolio Pulse from Stjepan Kalinic

May 21, 2024 | 1:53 pm

LOOP

ONON

Loop Industries, Inc. (NASDAQ:LOOP) has announced a collaboration with Swiss sportswear brand On to launch the Cloudeasy Cyclon shoe, which features an upper made from Loop's 100% recycled polyester fiber using their Infinite Loop™ fiber-to-fiber recycling technology.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:53 pm

WIX

Usercentrics has partnered with Wix to launch Cookiebot™ for Wix, a consent management solution aimed at simplifying privacy compliance for website owners. This collaboration is expected to enhance Wix's offerings in data privacy and compliance.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:48 pm

AMD

GOOG

GOOGL

INTC

META

MSFT

NVDA

QCOM

Nvidia's dominance in AI hardware is being challenged as industry giants support OpenAI's new developer software, Triton, which aims to reduce reliance on Nvidia's Cuda platform. Major companies like Intel, AMD, Qualcomm, Meta, Microsoft, and Alphabet are contributing to this initiative.

Portfolio Pulse from Anusuya Lahiri

May 21, 2024 | 1:44 pm

GH

FDA staff have raised concerns that Guardant Health's test may fail to detect some types of advanced adenomas in patients, according to briefing documents cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:43 pm