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INFY

SAP

Infosys has announced a collaboration with SAP Emarsys, a cloud-based omnichannel customer engagement platform, to help businesses meet the increasing demand for omnichannel customer engagement.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:23 am

TSLA

BYD has launched its new mid-size hybrid-electric pickup truck, the Shark, in Mexico, which is significantly cheaper than Tesla's Cybertruck. The Shark is not planned for the U.S. market, reducing direct competition with the Cybertruck. BYD's move comes amid U.S. tariff hikes on Chinese imports.

Portfolio Pulse from Anan Ashraf

May 15, 2024 | 10:17 am

AAPL

INTC

QCOM

Huawei is aggressively expanding its retail presence in China, opening four flagship stores since December, directly challenging Apple Inc. (NASDAQ:AAPL). This move is part of Huawei's strategy to regain its foothold in the Chinese smartphone market despite U.S. sanctions. Apple has been facing challenges in China, with a significant decline in iPhone sales and market share.

Portfolio Pulse from Benzinga Neuro

May 15, 2024 | 10:08 am

WBUY

Webuy Global has announced the launch of its travel business in Indonesia, marking its expansion into the growing Southeast Asian tourism market.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:02 am

GDRX

KR

GoodRx has announced a new direct contracting agreement with The Kroger Co. to offer improved prescription pricing at over 2,200 Kroger Family Pharmacy locations nationwide.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:01 am

MX

Magnachip Semiconductor has announced the opening of Magnachip Technology Company, Ltd. at its headquarters in Hefei, China.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:50 am

GOOG

GOOGL

MSFT

Alphabet Inc.'s CEO Sundar Pichai addressed allegations that OpenAI, backed by Microsoft, may have violated YouTube's terms of service by scraping over a million hours of videos to train its AI model, Sora. Pichai emphasized that OpenAI should answer these questions and mentioned that Google has processes to investigate such breaches.

Portfolio Pulse from Rounak Jain

May 15, 2024 | 9:50 am

AMC

BBY

GME

Jim Cramer advises against investing in meme stocks like GameStop (GME) and AMC Entertainment (AMC), citing overvaluation and potential share dilution. He suggests selling GameStop due to its inflated market cap and recommends caution with AMC due to its heavy debt burden.

Portfolio Pulse from Shanthi Rexaline

May 15, 2024 | 9:38 am

AMC

GME

KOSS

TUP

Meme stocks like GameStop (GME), AMC Entertainment (AMC), Koss Corporation (KOSS), and Tupperware Brands (TUP) are experiencing significant price surges driven by social media activity, particularly posts by 'Roaring Kitty' Keith Gill. Despite the gains, these stocks have not reached their 2021 highs. Experts are debating the driving forces behind this resurgence, with some suggesting it is more of a craze than a movement.

Portfolio Pulse from Benzinga Neuro

May 15, 2024 | 9:18 am

IMMP

Immutep Limited announced positive data from the safety lead-in phase of the AIPAC-003 trial, showing a complete response in a metastatic breast cancer patient using a combination of 90mg efti and paclitaxel.

Portfolio Pulse from Charles Gross

May 15, 2024 | 9:17 am