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TSM

TSMC and Taiwan's CoWoS supply chain are experiencing strong order visibility for AI chips, with expectations of robust orders continuing through 2026. This is supported by Nvidia's strong revenue report and positive outlook for 2025.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 2:04 pm

CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) has introduced an AI-powered tool to diagnose and repair EV charging stations, boosting its stock price. The tool allows drivers to report issues via photos, enhancing charger uptime. ChargePoint is also partnering with major automakers like Daimler Buses and Porsche to expand its charging network.

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 1:49 pm

BTCUSD

Bitcoin's recent price action mirrors 2019, but analyst Benjamin Cowen suggests this pattern may change as market sentiment shifts. He highlights the potential influence of monetary policy, such as rate cuts, on Bitcoin's future performance.

Portfolio Pulse from Khyathi Dalal

August 29, 2024 | 1:46 pm

LEXX

Lexaria Bioscience announced positive results from its human pilot study, showing that DehydraTECH-processed Rybelsus capsules have superior tolerability compared to commercially available Rybelsus tablets. The study found no adverse events in participants taking the DehydraTECH capsules, while those taking the standard tablets experienced mild adverse events.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:36 pm

CURI

VOD

Curiosity Inc. has launched its Curiosity Channel and Curiosity Stream on Vodafone TV PLAY in Ireland, offering 4K Ultra HD and Dolby Atmos audio. This expansion could enhance Curiosity's market presence and subscriber base.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:32 pm

BCDA

BioCardia Inc (NASDAQ:BCDA) shares surged 95% after the FDA approved its Morph DNA Steerable Introducer product family, designed for cardiovascular procedures. The product is expected to enhance outcomes in various interventional procedures.

Portfolio Pulse from Henry Khederian

August 29, 2024 | 1:28 pm

ETHUSD

SOLUSD

Kyle Samani of Multicoin Capital criticizes Ethereum's underperformance compared to Solana, citing issues with Layer-2 interoperability and value capture. He doubts Ethereum's potential as a store of value, suggesting its $300 billion valuation may be hard to justify.

Portfolio Pulse from Khyathi Dalal

August 29, 2024 | 1:24 pm

NOK

Nokia has stated that it does not comment on market rumors or speculation. The company emphasized its commitment to the success of its Mobile Networks business, which it considers a highly strategic asset. Nokia highlighted significant progress in this business segment this year.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:22 pm

TYL

Tyler Technologies has transitioned the Idaho Supreme Court to its cloud-based SaaS Enterprise Case Manager, hosted on AWS GovCloud, in just four months. This move enhances court administration across 44 counties and 200 courtrooms.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:20 pm

NVDA

UBER

Uber has invested in Wayve's Series C funding round to accelerate the development of self-driving technology. This partnership aims to integrate Wayve's autonomous vehicle technology into Uber's network, enhancing Uber's autonomous vehicle capabilities.

Portfolio Pulse from Benzinga Neuro

August 29, 2024 | 1:17 pm