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INFY

Infosys has announced a collaboration with the Stanford University Institute for Human-centered Artificial Intelligence to accelerate AI research initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:27 am

Li Auto Inc reported a mixed fiscal Q2 2024 with a slight revenue miss but an EPS beat. Vehicle deliveries grew by 25.5% year-over-year, but margins declined. The company expects strong Q3 revenue and delivery growth. Despite positive developments, Li Auto's stock has faced challenges, dropping 47% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 28, 2024 | 10:18 am

NVS

Novartis' Phase 3 V MONO study for Leqvio (Inclisiran) met its primary endpoints, showing effectiveness in lowering LDL cholesterol compared to placebo and ezetimibe in patients at low or moderate risk of atherosclerotic cardiovascular disease.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:13 am

AMZN

MSFT

Amazon has become the most popular stock among hedge funds in Q2, surpassing Microsoft. Amazon's strategic advancements in AI and its low trading multiple are key factors in its popularity.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 10:07 am

AVGO

MSFT

NVDA

OpenAI's collaboration with Arizona State University (ASU) has resulted in 250 AI projects, integrating AI into education and research. This partnership is part of a broader trend of AI integration, with OpenAI also partnering with Condé Nast and Apple. Microsoft faces EU scrutiny over its investment in OpenAI, and OpenAI is in talks with Broadcom to develop a new AI chip.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 9:38 am

AT&T resolved a software glitch that caused wireless service disruptions in several US cities, affecting the ability to make 911 calls. The issue was resolved by 10 p.m. ET. The outage comes after AT&T's recent financial performance, where it added 997,000 wireless customers but missed revenue estimates.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 9:12 am

AMZN

GOOG

GOOGL

Anthropic, backed by Google and Amazon, has updated system prompts for its AI platform Claude.ai and mobile apps. These updates do not affect the API. The Claude 3.5 Sonnet model is highlighted for its advanced capabilities. Anthropic faces a UK investigation and a class-action lawsuit.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 9:11 am

FBTC

GBTC

IBIT

MSTR

A report by New World Wealth and Henley & Partners highlights a significant increase in cryptocurrency wealth, with Bitcoin leading the surge. The number of Bitcoin millionaires rose by 111% over the past year. The introduction of crypto ETFs like Fidelity Wise Origin Bitcoin Fund, iShares Bitcoin Trust ETF, and Grayscale Bitcoin Trust ETF has driven institutional capital influx. MicroStrategy's co-founder, Michael Saylor, remains a strong Bitcoin advocate.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 9:09 am

BNB

BTCUSD

Max Keiser, a Bitcoin advocate, expressed regret that Palestine did not adopt Bitcoin as legal tender in 2013, amid reports of Binance freezing Palestinian accounts. Keiser claims Bitcoin could have been a financial solution for Palestine. Binance refutes claims of seizing all Palestinian assets, stating only a few accounts tied to illicit activities were restricted.

Portfolio Pulse from Aniket Verma

August 28, 2024 | 8:22 am

LLY

NVDA

NVO

Roundhill Investments CEO Dave Mazza compared Eli Lilly to Nvidia in the weight loss and GLP-1 space, highlighting Eli Lilly's market leadership and growth potential. Eli Lilly's recent moves, including a new lower-priced offering of their weight-loss drug Zepbound, aim to boost accessibility and supply. The rivalry with Novo Nordisk in the obesity drug market is intensifying.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 8:21 am