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GWRE

Guidewire (NYSE:GWRE) announced Jasper, its latest software release, aimed at enhancing commercial lines agility for P&C insurers. The release introduces support for layered coinsurance, schedule import, and a new U.S. Bureau Content Solution. Additionally, it expands HazardHub data for Canada, providing deeper property risk insights for underwriting precision. Jasper will be generally available on April 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:22 am

DOMO

SNOW

Domo announced an expansion of its native integration capabilities within the Snowflake Data Cloud, enhancing data management and analytics.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:19 am

F

GM

STLA

TSLA

Former Ford CEO Mark Fields believes established automakers like Ford, General Motors, and Stellantis are well-positioned for the EV transition, citing their strong ICE vehicle business and investor trust. This comes amid challenges like stringent emissions standards, supply chain issues, and concerns over EV adoption rates. Despite these, shares of GM, Stellantis, and Ford have risen, reflecting market optimism.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 6:24 am

AKCCF

SLB

SLB has agreed to acquire an 80% stake in Aker Carbon Capture (ACC) for NOK 4.12 billion, aiming to enhance decarbonization efforts. This deal combines their technology portfolios, expertise, and project delivery platforms to accelerate disruptive technology in the global market. Post-transaction, SLB will own 80% of the business, with ACC retaining 20%.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 6:20 am

AAPL

Oregon has passed a right-to-repair bill, SB 1596, that prohibits parts pairing in repairs, directly impacting Apple Inc. (NASDAQ:AAPL). This law, signed by Governor Tina Kotek, aims to facilitate consumer and third-party repairs by mandating companies to provide the same parts, tools, and repair documents to owners as to repair shops without extra charges. The bill, which does not apply to phones sold before July 1, 2021, but covers other consumer electronics sold after July 1, 2015, is seen as a significant move against electronic waste and restrictive repair practices.

Portfolio Pulse from Ananya Gairola

March 28, 2024 | 6:08 am

TSLA

Tesla Inc's CEO Elon Musk is urging German authorities to investigate and catch the arsonists responsible for an attack on the company's Berlin gigafactory, which halted production for a week. The attack, claimed by the Vulkan Group, has prompted discussions on Tesla's public relations and community integration in the region. Tesla plans to expand the Berlin factory's capacity for battery and car production.

Portfolio Pulse from Anan Ashraf

March 28, 2024 | 5:58 am

BLK

IBIT

BlackRock Inc.'s Bitcoin-focused ETF, IBIT, has seen unprecedented growth, becoming the fastest-growing ETF in history with $13.5 billion in assets in just 11 weeks. CEO Larry Fink expressed his surprise at the ETF's success and remains bullish on Bitcoin. Additionally, BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) raised $160 million, with investments from Ondo Finance.

Portfolio Pulse from Mehab Qureshi

March 28, 2024 | 5:51 am

AKBA

Akebia Therapeutics has received FDA approval for its Vafseo tablets, a once-daily oral HIF-PH inhibitor designed to treat dialysis-related anemia. The company has developed a launch strategy aiming to establish Vafseo as a new oral standard of care for this condition.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:51 am

TSLA

Wedbush analyst Daniel Ives maintains an Outperform rating on Tesla (TSLA) but cuts the price target from $315 to $300 ahead of Q1 deliveries update. Citing demand and supply issues, including soft demand in China and production challenges, Ives reduces Q1 delivery estimates from 475,000 to 425,000 units. Despite short-term challenges, Ives remains bullish on Tesla's long-term prospects, emphasizing the importance of Tesla's Full Self-Driving (FSD)/autopilot strategy.

Portfolio Pulse from Shanthi Rexaline

March 28, 2024 | 5:42 am

TTWO

Take-Two Interactive Software has agreed to acquire The Gearbox Entertainment Company for $460 million, with the transaction expected to close in the first quarter of Take-Two's Fiscal Year 2025. This acquisition will expand 2K's internal development team by adding Gearbox's industry-leading talent. Additionally, Gearbox and 2K are currently developing the next installment in the Borderlands series.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:36 am