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HPE

Hewlett Packard Enterprise Co (NYSE:HPE) is well-positioned for growth in the AI sector, leveraging its government relationships and proprietary technology. A recent analysis by JPMorgan highlights HPE's strategic advantages, including its liquid cooling technology and GreenLake offering. Technical analysis shows a Golden Cross in HPE's stock, indicating a bullish trend with a 5.65% YTD increase and an 11.78% rise over the past year. Positive momentum is supported by technical indicators such as the MACD and Bollinger Bands, despite a neutral RSI suggesting potential short-term consolidation.

Portfolio Pulse from Surbhi Jain

April 12, 2024 | 1:12 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly considering reducing its Full Self-Driving (FSD) subscription price from $199/month to $99/month, according to a social media post by Troy Teslike. A survey conducted by Teslike before the FSD subscription launch showed a strong preference for the $99 price point. Tesla's FSD technology, deployed on about 2 million vehicles in the U.S., has been a focal point of discussion, especially regarding autonomous vehicle regulation and safety benefits.

Portfolio Pulse from Benzinga Neuro

April 12, 2024 | 1:11 pm

IPA

ImmunoPrecise Antibodies (IPA) has partnered with InterSystems to leverage artificial intelligence (AI) in life sciences. This collaboration aims to enhance research and development in the field by integrating AI technologies.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 1:04 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) announced it has exceeded 17 EH/s of operating hashrate and exercised an option to purchase 100,000 Bitmain S21 Pros, increasing its total purchased hashrate by 17% to 23.4 EH/s. This upgrade, from the previously agreed S21 to the more efficient S21 Pro, maintains the cost at $16 per terahash while improving efficiency by 14%. CEO Zach Bradford highlighted the upgrade's significance ahead of the bitcoin halving, positioning CleanSpark as a leader in efficiency and production in North America. The new machines are expected to be delivered between June and December 2024.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 1:00 pm

MSFT

OpenAI's CEO, Sam Altman, is actively pitching ChatGPT Enterprise to large firms, targeting Microsoft's customer base among others. This move indicates a strategic push to expand ChatGPT's commercial applications and integration within business operations, potentially affecting Microsoft's relationship with its customers and its strategic investments in AI technologies.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:49 pm

NRSN

NeuroSense Therapeutics is set to present data from its PARADIGM study at the upcoming American Academy of Neurology Annual Meeting. This presentation could potentially influence the perception of NeuroSense's research progress and its implications for neurological treatments.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:36 pm

CRIS

OCX

RVMD

Three health care stocks, OncoCyte Corporation (OCX), Curis, Inc. (CRIS), and Revolution Medicines, Inc. (RVMD), are considered overbought as of April 12, 2024, based on their RSI values, indicating potential short-term performance concerns. OCX announced a $15.8 million private placement, CRIS reported inducement grants, and RVMD published a research paper, all contributing to recent stock gains.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 12:34 pm

RWLK

ReWalk Robotics has announced that the Centers for Medicare & Medicaid Services have revised the DMEPOS Fee Schedule for April 2024, setting a final lump-sum Medicare purchase fee for personal exoskeletons. The fee range is set from $109,238 to $81,929, with a standardized rate of $91,032 for each state.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:32 pm

SOL

Paul Veradittakit of Pantera Capital highlights the potential of meme coins in driving Web3 adoption, citing their ability to attract attention and foster community engagement. He suggests leveraging meme coins for wider distribution and participation in the Web3 ecosystem, using examples like a Solana meme coin to illustrate their impact on network activity and DeFi integration.

Portfolio Pulse from Murtuza Merchant

April 12, 2024 | 12:24 pm

AAPL

Wedbush analyst Dan Ives highlights Apple Inc.'s significant opportunity in AI, leveraging its 2 billion user base. The upcoming WWDC is seen as a pivotal moment for Apple to unveil its AI strategy, potentially including an AI App Store. Despite being slower in AI adoption compared to rivals, Apple is expected to make a significant leap with the iPhone 16. Apple's focus on AI could enhance its services category and ensure user privacy with on-device AI features. The company's AI initiatives, including acquisitions like DarwinAI, could represent a $33 billion annual opportunity.

Portfolio Pulse from Rounak Jain

April 12, 2024 | 12:20 pm