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CAVA

CAVA has opened a new 55,000 sq ft manufacturing facility with an initial investment of approximately $35 million. This expansion is expected to enhance their production capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:11 pm

TBLA

Taboola and a360media have announced a partnership where a360media will use Taboola's products to grow its audience. This collaboration aims to leverage Taboola's technology to enhance audience engagement and expand reach.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:10 pm

NVDA

TOON

Kartoon Studios has announced a new AI initiative utilizing Nvidia Omniverse technology. A major brand related to this initiative will be revealed in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:09 pm

MULN

Mullen Automotive has added Ziegler Truck Group and Range Truck Group as franchise partners, expanding its distribution network.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:09 pm

RMNI

Pacific Healthcare has decided to use Rimini Street's support services for its Oracle software. This move is expected to help Pacific Healthcare reduce costs and improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:09 pm

FCX

PFE

QCOM

VRTX

On CNBC's 'Halftime Report Final Trades,' analysts discussed Pfizer, Qualcomm, Freeport-McMoRan, and Vertex Pharmaceuticals. Pfizer is seen as a good buy under $30, Qualcomm is breaking out, Freeport-McMoRan benefits from high copper demand, and Vertex Pharmaceuticals posted strong Q1 results.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 1:07 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares are trading higher in the premarket session after a significant 19% jump the previous day. The company announced a new Class 6, medium-duty fuel cell electric truck, integrating its ProGen fuel cell technology. This vehicle, designed for middle-mile deliveries, offers up to 500 miles of range and does not require a commercial driver's license. The product is in its final testing phase and will begin on-road operational pilots this summer.

Portfolio Pulse from Nabaparna Bhattacharya

May 15, 2024 | 1:06 pm

BRTX

BioRestorative Therapies has signed a five-year supply agreement with Cartessa. Under this agreement, BioRestorative will supply Cartessa with finished vials of commercial product sold under the Chronos ExoCR brand.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:06 pm

AMZN

BABA

GOOG

MSFT

Alibaba's Q4 report shows a significant drop in net profit by 86% YoY, despite a 7% revenue growth driven by domestic e-commerce. The company's AI segment showed promising triple-digit growth, while its cloud computing division lagged. Microsoft-backed OpenAI also launched a new AI model, GPT-4o.

Portfolio Pulse from Upwallstreet

May 15, 2024 | 1:05 pm

GFAI

Guardforce AI has partnered with iApp Technology to launch 'LinguaBot', a new customized robotic solution aimed at the travel and retail markets. A product launch event is scheduled for May 17th, 2024, in Bangkok, Thailand.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:04 pm