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ADBE

MSFT

Procreate's CEO announced a firm stance against integrating generative AI into their products, sparking discussions on digital art tools' future. This contrasts with companies like Adobe and Microsoft, which are embracing AI, potentially impacting their market strategies.

Portfolio Pulse from Benzinga Neuro

August 20, 2024 | 1:14 pm

NVDA

NVIDIA has announced its first digital human technologies with an on-device small language model aimed at enhancing conversations for game characters. This innovation is expected to improve the interactivity and realism of gaming experiences.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:13 pm

PLNH

Planet 13 Holdings is expanding in Florida following its acquisition of VidaCann, anticipating potential recreational cannabis legalization by 2026. The company plans to open more stores and improve operational metrics, aiming for significant revenue growth.

Portfolio Pulse from Nicolás Jose Rodriguez

August 20, 2024 | 1:10 pm

VRNT

Verint's AI-Powered Interaction Wrap Up Bot has been significantly expanded in a major healthcare company's contact center, growing from 300 to 30,000 agents. This expansion has resulted in a reduction of average call duration by 30 seconds.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:10 pm

INFA

LUMN

Informatica announced that Lumen Technologies has modernized their on-premises PowerCenter workloads to Informatica's Intelligent Data Management Cloud platform, improving data management and reducing costs.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:09 pm

SONY

Chinese domestic foundries and backend support are helping CMOS image sensor (CIS) firms gain market share, reducing reliance on Sony.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:09 pm

CMG

Stephanie Link from Hightower Advisors sees Chipotle as a buying opportunity despite a 20% stock drop. She highlights improved valuation metrics, strong customer loyalty, and digital innovation as key strengths. Despite the departure of CEO Brian Niccol, Link remains confident in Chipotle's long-term prospects.

Portfolio Pulse from Surbhi Jain

August 20, 2024 | 1:07 pm

AMD

AMD announced a $4.9 billion acquisition of ZT Systems to enhance its AI and data center market presence. The deal, expected to close in 2025, will bring in 1,000 engineers to boost AMD's competitive edge. The market reacted positively, with AMD shares rising 4.5%.

Portfolio Pulse from Piero Cingari

August 20, 2024 | 1:07 pm

AFRM

Affirm has been announced as a payment partner for Hotels.com, allowing customers to use Affirm's services for booking accommodations. This partnership could enhance Affirm's market presence in the travel sector.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:06 pm

GT

Goodyear has launched the Assurance WeatherReady 2 tire, which sets a new standard for all-season tires with superior performance in wet and dry conditions. This product introduction could enhance Goodyear's market position.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:06 pm