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UBER

Uber Technologies Inc has partnered with The Vitamin Shoppe to offer health and wellness products on the Uber Eats app across the U.S. This partnership makes The Vitamin Shoppe Uber's first U.S. national nutritional supplement retailer available for on-demand and scheduled delivery. Uber One members will enjoy benefits such as a $0 delivery fee and up to 10% off on orders over $15. UBER shares saw a slight increase of 0.42% to $77.13.

Portfolio Pulse from Shivani Kumaresan

April 04, 2024 | 1:33 pm

CODX

Co-Diagnostics, Inc. (CODX) announced the appointment of Richard Abbott as President and David Nielsen as COO, along with other key executive roles. These appointments are part of the company's strategy to advance and commercialize its Co-Dx PCR platform and associated tests. The Co-Dx PCR platform is under FDA review and not yet available for sale. The company aims to fill the diagnostics access gap with its technology.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:31 pm

AIQ

SPY

Goldman Sachs analysts predict the economic impact of AI is 'several years off', despite ongoing adoption and integration into work routines. Less than 5% of companies currently leverage AI significantly, with higher adoption rates in IT, professional services, and finance. The broad-based adoption of AI is expected to boost productivity and economic growth post-2027 in the U.S. and 2028 in other developed markets. AI-related job openings in the IT sector have increased, reflecting the technology's growing emphasis. Early adopters report a significant increase in labor productivity. The Global X Artificial Intelligence & Technology ETF (AIQ) has outperformed the broader market, evidenced by its 40% rise over the past year compared to the modest gains of the SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Piero Cingari

April 04, 2024 | 1:29 pm

ALUR

Allurion Technologies' shares surged following the announcement of its Virtual Care Suite's commercial availability in the US and a Buy rating with a $5 price target from Chardan Capital.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:29 pm

GOOG

GOOGL

MSFT

Alphabet Inc's shares (GOOG, GOOGL) are trading lower after reports surfaced about the company considering charging for AI-powered search features. This would be a first for Google's core Search product. The potential premium service would include AI enhancements and possibly integrate with Google's existing subscription services. Despite the dip, Alphabet's stock has been viewed positively by analysts, with expectations of growth. Meanwhile, Microsoft Corp (MSFT) has already launched an AI-powered search tool, Copilot, over a year ago.

Portfolio Pulse from Adam Eckert

April 04, 2024 | 1:25 pm

SKYX

SKYX Technologies announced the issuance of 8 new patents in the U.S. and internationally, including China, Europe, and India, for its smart home and AI platform technologies. This expansion brings its total to over 90 issued and pending patents. The company, which operates over 60 lighting and home decor websites, aims to make homes and buildings safer and smarter. These patents cover advanced plug and play and smart home platform technologies, enhancing SKYX's position in the smart home, electrical, and lighting industries.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:24 pm

TLRY

Tilray Brands Inc (NASDAQ:TLRY) shares have surged nearly 75% over the last month, driven by cannabis legalization in Germany, optimism for U.S. rescheduling, and a favorable Florida Supreme Court decision. The company announced new products and 420 celebratory events in Canada, and is set to report Q3 financial results with an expected loss of 5 cents per share and revenue of $198.62 million.

Portfolio Pulse from Adam Eckert

April 04, 2024 | 1:24 pm

TYL

Tyler Technologies, Inc. (NYSE:TYL) has successfully implemented its Enterprise Supervision solution for the Guam Department of Corrections, transitioning the department from a paper-based system to a unified electronic platform. This platform, powered by Amazon Web Services (AWS), enhances efficiency and security in managing parole processes, significantly reducing implementation time.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:23 pm

EFTR

EFFECTOR Therapeutics announced the primary analysis results of the Phase 2 KICKSTART trial of tomivosertib combined with pembrolizumab in non-small cell lung cancer, leading to a decrease in their share prices.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:17 pm

AAPL

NVDA

TSLA

The article covers a range of topics from cryptocurrency trends, including Bitcoin's potential surge, to tech updates like iPhone 16 rumors and Tesla's EV developments. It also touches on US and world politics, market movements, and company-specific news such as Apple's stock sale by CEO Tim Cook and Nvidia's supplier investment in the US chip sector.

Portfolio Pulse from Akanksha Bakshi

April 04, 2024 | 1:11 pm