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SAP

SAP announced that Deutsche Telekom has selected the RISE with SAP solution to expedite its cloud migration journey. This partnership underscores the growing trend of major corporations adopting cloud solutions to enhance operational efficiency and digital transformation efforts.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 9:01 am

AAPL

BYDDF

BYDDY

Apple Inc's CEO Tim Cook met with BYD Co's chairman in Shanghai to discuss their ongoing collaboration, including on products like the iPhone. The meeting highlighted the critical role of Chinese suppliers in Apple's supply chain, with companies like BYD Electronics showcasing their contributions. This comes as Apple faces challenges in China, with a 24% drop in iPhone sales pushing it to fourth place among smartphone vendors in the country.

Portfolio Pulse from Anan Ashraf

March 21, 2024 | 8:22 am

AAPL

Apple Inc.'s Senior VP, Greg Joswiak, humorously named the iPhone 15 series as his top three iPhone picks in a conversation with Brian Tong. The iPhone 15 series, launched at the 'Wonderlust' event in September 2023, includes significant features like a USB-C port and a periscope camera. The launch of the iPhone 15 series contributed to a 5% year-on-year growth in global smartphone sales in October, ending a 27-month streak of declining sales.

Portfolio Pulse from Ananya Gairola

March 21, 2024 | 8:21 am

DLO

dLocal, a technology-driven payments company, has announced a strategic partnership with Ebury to enhance payment solutions and unlock opportunities in Africa's largest markets. This collaboration aims to leverage dLocal's payment technology and Ebury's financial services expertise to facilitate smoother transactions and expand their market presence in Africa.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:07 am

UDMY

Udemy has announced a partnership with the Cloud Native Computing Foundation (CNCF) aimed at enhancing the skills of the next generation of cloud native developers. This collaboration is expected to expand Udemy's educational offerings in the cloud computing domain, potentially increasing its appeal to learners seeking to advance their knowledge in this rapidly growing field.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:04 am

CLVT

Clarivate has announced its intention to acquire a significant majority of assets from MotionHall, an AI start-up. This acquisition aims to enhance strategy and business development for clients in the life sciences and healthcare sectors.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 8:02 am

DOGE

RDDT

Glauber Contessoto, known for his Dogecoin fortune, predicts the meme coin $RDDT could outperform Reddit's upcoming IPO. Reddit aims to raise $748 million, valuing the company at $6.5 billion. RDDT, with a market cap of $7.82 million, would need a 9465.22% increase to match Reddit's IPO valuation. The Reddit IPO is highly anticipated, being five times oversubscribed, and will trade under the ticker 'RDDT' on the NYSE.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 7:44 am

TSLA

Tesla Inc (NASDAQ:TSLA) announced it produced enough 4680 cells at Giga Texas last week for over 1,000 Cybertrucks, countering December reports of production issues. The current rate could yield over 52,000 Cybertrucks annually, excluding supplier orders. CEO Elon Musk aims for a quarter million Cybertruck deliveries by 2025, highlighting production, not demand, as the challenge.

Portfolio Pulse from Anan Ashraf

March 21, 2024 | 7:39 am

BLK

BlackRock has launched BUIDL, its first tokenized investment fund on the Ethereum blockchain, allowing qualified investors to earn U.S. dollar yields. Investors can subscribe to the fund through Securitize Markets, LLC, in which BlackRock has made an investment to enhance digital assets infrastructure.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:31 am

MNOV

MediciNova, Inc. announced that two abstracts regarding its products MN-001 and MN-002 have been accepted for presentation at the 92nd EAS 2024 Congress. The studies focus on the efficacy, safety, and tolerability of MN-001 in treating non-alcoholic fatty liver disease, hypertriglyceridemia, and type-2 diabetes mellitus, and the role of MN-002 in promoting macrophage cholesterol efflux.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:14 am