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AZTR

Azitra has received a Notice of Allowance for its U.S. patent application titled 'THERAPEUTIC TREATMENT OF SKIN DISEASE WITH RECOMBINANT COMMENSAL SKIN MICROORGANISMS'. This patent could enhance Azitra's position in the therapeutic skin treatment market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:14 pm

AMZN

META

MSFT

NVDA

Nvidia reported impressive fiscal first quarter results, surpassing estimates with a 262% YoY revenue growth to $26.04 billion. Key contributors include Google, Microsoft, Meta, Amazon, and OpenAI, driving demand for AI chips. Nvidia's shares rose 7% in extended trading. The company expects continued growth with its next-generation AI chip, Blackwell.

Portfolio Pulse from Upwallstreet

May 23, 2024 | 6:13 pm

AZTR

Azitra has received a Notice of Allowance for its US patent application titled 'Therapeutic Treatment Of Skin Disease With Recombinant Commensal Skin Microorganisms'. This development could enhance the company's intellectual property portfolio and potentially lead to new therapeutic treatments for skin diseases.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:12 pm

Boeing's stock fell over 6% after CFO Brian West announced negative cash flow for 2024 and delivery delays due to regulatory scrutiny. Production challenges and a slowdown in 737 MAX jetliner output have further complicated the situation.

Portfolio Pulse from Vaishali Prayag

May 23, 2024 | 6:11 pm

FDIS

TSLA

XLY

Tesla Inc. (NASDAQ:TSLA) has removed its target to sell 20 million vehicles annually from its latest impact report, indicating a shift in focus towards autonomy. The 2023 report highlights environmental impact, water use, and workforce initiatives but omits diversity metrics. Tesla sold 1.8 million vehicles in 2023 and plans to introduce cheaper models by late 2024. The company is also laying off over 10% of its global workforce to cut costs. Tesla stock has lost more than 7% in the last 12 months, and shares are currently trading lower by 2.91% at $174.87.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 5:57 pm

ACHR

Archer Aviation has achieved a significant regulatory milestone as the FAA has issued the final airworthiness criteria for its Midnight aircraft. This development is crucial for Archer as it moves closer to commercializing its electric vertical takeoff and landing (eVTOL) aircraft.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:39 pm

AOSL

Alpha and Omega Semiconductor (AOSL) has introduced the AONG36322 XSPairFET, a new MOSFET designed for space-constrained DC-DC applications. This new product offers approximately 60% space savings and a more efficient PCB design compared to the DFN5x6 Asymmetric Half-Bridge MOSFET.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:34 pm

LIFX

Life360 has expanded its app's language support to include Danish, Finnish, Norwegian, Dutch, and Swedish, aiming to increase its user base in these regions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:34 pm

AMD

INTC

MSFT

NVDA

Nvidia's AI business is driving a significant surge in revenue, leaving competitors Intel and AMD scrambling to catch up. Nvidia's data center business reported a record $47.5 billion in 2023, a 427% year-on-year increase. Both Intel and AMD are entering the AI PC market, with Intel committing to ship chips for over 100 million AI PCs by 2025. Analysts see Nvidia and AMD as key AI investment opportunities.

Portfolio Pulse from Rounak Jain

May 23, 2024 | 5:25 pm

ARKK

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

Cathie Wood's prediction that cryptocurrency will be a significant issue in the 2024 U.S. presidential election appears to be coming true. Both Trump and Biden are adjusting their stances on crypto, with Trump accepting crypto donations and Biden showing signs of regulatory cooperation. This shift could influence young voters, who are increasingly prioritizing cryptocurrency policies.

Portfolio Pulse from Chris Katje

May 23, 2024 | 5:21 pm