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SEALSQ

SEALSQ has announced the establishment of SEALSQ USA in Arizona, with plans to create an OSAT (Outsourced Semiconductor Assembly and Test) center operational by the end of 2025. This move signifies SEALSQ's expansion into the U.S. market and its commitment to enhancing its semiconductor manufacturing capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:30 pm

AIEQ

BKES

QRFT

ROBO

U.S. Representative Earl Blumenauer has raised concerns about the FDA's oversight of Elon Musk's Neuralink, following a report revealing issues at the company's facilities. Despite these concerns, Neuralink has made significant progress in brain-chip technology, moving from animal testing to human trials. The FDA has responded to the inquiries, stating its commitment to ensuring the safety of human trials. Neuralink's technology, demonstrated through a live stream, shows a paralyzed patient playing chess, highlighting its potential to improve lives.

Portfolio Pulse from Vandana Singh

March 26, 2024 | 1:30 pm

VALE

Vale (NYSE:VALE) has partnered with the Department of Energy (DOE) to develop a new iron ore briquette plant in the U.S., with potential DOE financing of up to $282.9 million. This move aligns with the Biden administration's focus on reducing carbon emissions and promoting clean energy, with substantial funds allocated towards environmental programs. Iron ore briquettes, which can reduce emissions by up to 10% compared to traditional steelmaking, represent a significant step towards sustainable steel production. Vale's initiative, starting with a plant in Brazil and plans for expansion, aims to meet the demand for eco-friendly steel production methods and contribute to the decarbonization of the steel industry.

Portfolio Pulse from Stjepan Kalinic

March 26, 2024 | 1:29 pm

RVSN

Rail Vision has received approval from Alstom, a French multinational rolling stock manufacturer, to install its AI Main Line System on locomotives. This development marks a significant step for Rail Vision in the rail transport market.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:28 pm

DJT

DWAC

Truth Social, Donald Trump's social media venture, went public through a merger with Digital World Acquisition Corp. (DWAC), now trading under the symbol DJT. Despite a valuation of around $5 billion, experts like Helaine Olen advise caution due to Trump's financial history, Truth Social's small user base, and the speculative nature of SPACs. The stock has seen significant volatility, and there's a six-month lockup period for insiders post-merger.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 1:25 pm

SPY

TSLA

The article covers a wide range of topics from the crypto market's recovery, with Bitcoin touching $70K and Ethereum and Dogecoin also bouncing upward, to various US and world political and economic news. It mentions Tesla's rollout of a free Full Self-Driving trial in the US, the London Stock Exchange's significant bet on Bitcoin and Ether, and predictions of stock market rallies by Goldman Sachs and Bank of America. Additionally, it touches on tech news including antitrust lawsuits against major companies, AI developments, and electric vehicle updates, including debates on Tesla's EVs versus hybrids.

Portfolio Pulse from Akanksha Bakshi

March 26, 2024 | 1:23 pm

HOOD

Robinhood announced a livestream event titled 'The New Gold Standard' featuring CEO and co-founder Vlad Tenev. The event is scheduled for tonight at 7:15 PM ET/4:15 PM PT, aiming to share exciting updates.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:21 pm

STOK

Stoke Therapeutics Inc (NASDAQ:STOK) released new data from studies on its anti-epilepsy drug, STK-001, showing significant reductions in seizure frequency and improvements in cognition and behavior in Dravet syndrome patients. The drug was well-tolerated, and the FDA cleared a new dosing regimen. Following the news, STOK shares surged 74.60% in premarket trading.

Portfolio Pulse from Vandana Singh

March 26, 2024 | 1:20 pm

DWAC

Trump Media & Technology Group (TMTG), known for its social media platform Truth Social, has begun trading on the NASDAQ under the ticker symbol 'DJT' after completing a business combination with Digital World Acquisition Corp. (NASDAQ:DWAC). The new ticker symbol 'DJT' honors former President Donald J. Trump, reflecting the company's commitment to free speech and opposition to Big Tech censorship.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:20 pm

HSY

MDLZ

NVDA

Cocoa prices have surged to $10,000 per metric ton, doubling in just 50 days, due to weather and disease impacting crops in West Africa. Hershey Co (HSY) and Mondelez International Inc (MDLZ) have warned of the impact on their earnings, with Hershey expecting limited earnings growth this year. The situation has led to 'shrinkflation' for consumers, with chocolate products becoming smaller and more expensive. Nvidia Corporation (NVDA) is mentioned for comparison, having added $1 trillion to its market cap in 67 days of 2024.

Portfolio Pulse from Neil Dennis

March 26, 2024 | 1:19 pm