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AMZN

Amazon CEO Andy Jassy announced that Prime Video will have significantly fewer ads compared to competitors like Netflix, YouTube, and Disney+. This strategy aims to enhance ad relevance and performance while offering an ad-free option for an additional fee. Despite a 10% increase in Q2 net sales, Amazon's revenue fell short of expectations, leading to an 8.15% drop in pre-market trading.

Portfolio Pulse from Ananya Gairola

August 02, 2024 | 11:16 am

PXDT

Pixie Dust Technologies has launched VUEVO Display, a new product that offers real-time subtitling and translation in over 100 languages, aimed at serving global customers.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:14 am

BIRD

Allbirds has appointed Belle Fashion Group as its exclusive distributor and licensee in Mainland China, Macau, and Taiwan, effective June 28. Belle Fashion will manage the distribution of Allbirds products across various channels and will allocate brand and marketing resources to the partnership.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:12 am

ACN

Accenture has acquired BOSLAN to assist clients in optimizing investments in net-zero infrastructure. The terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:51 am

VSEE

VSee Health shares are trading higher following the announcement of an agreement with Ava Robotics to develop telepresence solutions for the inpatient intensive care market.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:33 am

AAPL

Apple Inc. (NASDAQ:AAPL) reported a 1% decline in iPhone revenue year-over-year, but CEO Tim Cook highlighted the company's overall growth and the introduction of Apple Intelligence, which is expected to drive future sales. Despite the revenue dip, Apple's third-quarter earnings exceeded expectations, with total revenue rising by 4.9% to $85.78 billion.

Portfolio Pulse from Ananya Gairola

August 02, 2024 | 10:30 am

IBM

NVDA

TSM

Japanese startup Rapidus, backed by IBM, will begin test production of 2-nanometer semiconductors in April, aiming to revitalize Japan's chip industry. Despite being behind global rivals, Rapidus plans to offer faster response times and smaller batch production. IBM's partnership with Rapidus aligns with its AI sector growth and diversification strategy.

Portfolio Pulse from Benzinga Neuro

August 02, 2024 | 10:27 am

DOGEUSD

SHIBUSD

Shiba Inu (SHIB) celebrates its 4th anniversary, highlighting its growth and achievements since its launch in 2020. The coin has seen significant milestones and has a notable presence in the DeFi world and on exchanges.

Portfolio Pulse from Aniket Verma

August 02, 2024 | 10:03 am

ENSG

The Ensign Group has acquired Holly Heights Care and Rehabilitation, a 133-bed skilled nursing facility in Denver, Colorado.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:01 am

TM

TSLA

VFS

VinFast Auto Ltd. (NASDAQ: VFS) has launched a new affordable electric mini SUV, the VF 3, in Vietnam, priced at $12,800. The company aims to deliver 20,000 units in 2024 and expand sales to other countries. Despite financial challenges and a declining global EV market, VinFast is pursuing expansion plans, including a new assembly plant in Indonesia and enhancing its presence in Europe. VinFast's market cap surged in August 2023, making it the third-largest automaker globally, behind Tesla Inc. (NASDAQ: TSLA) and Toyota Motor Corp. (NYSE: TM).

Portfolio Pulse from Benzinga Neuro

August 02, 2024 | 9:53 am