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NVDA

QCOM

Cerebras Systems announced the launch of its new AI processor, the Wafer-Scale Engine 3 (WSE-3), which offers double the performance of its predecessor at the same price. The WSE-3, built on a 5nm process by Taiwan Semiconductor Manufacturing Co, features 4 trillion transistors and is capable of 125 petaflops of computing. Cerebras, competing with Nvidia's AI chips, aims to outperform with its single large chip design. The company is cash flow positive and plans to sell WSE-3 systems with Qualcomm's AI 100 Ultra chips for AI applications.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:40 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is advancing its technology with a revised patent for 'Camera Systems For Bendable Electronic Devices', focusing on integrating multiple cameras into flexible devices to enable 3D or panoramic imaging by bending the device. This innovation could extend to phones, wearables, and laptops, showcasing Apple's ongoing research in enhancing device functionality and user experience.

Portfolio Pulse from Rounak Jain

March 13, 2024 | 1:38 pm

MULN

Mullen Automotive has announced an update on the timeline for the U.S. government ruling regarding their Class 1 EV cargo vans. Following advice from the CBP, Mullen, in collaboration with RRDS, is moving forward with the GSA to finalize its qualification to sell these vans to all branches of the U.S. government.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:33 pm

DHI

GOOG

PFE

PGR

On CNBC's 'Halftime Report Final Trades,' experts highlighted their picks: Pfizer (PFE) for its promising Phase 3 study results, Alphabet (GOOG/GOOGL) despite a recent setback with its Pixel 8 smartphone, Progressive (PGR) for its solid earnings and growth prospects, and D.R. Horton (DHI) for its attractive valuation. Notably, Alphabet's Google faced a hiccup with its Pixel 8 smartphone lacking the Gemini Nano AI feature, and Progressive received an upgrade from Morgan Stanley.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 1:25 pm

CYBR

CyberArk (NASDAQ:CYBR), an identity security company, has been selected by Heng Leong Hang, a prominent retail brand in Taiwan with over 70 stores, to enhance its cybersecurity capabilities. The CyberArk Identity Security Platform will be used to secure human and machine identities, automate the identity lifecycle, and implement continuous threat detection and prevention. This move aims to protect the company's core systems and customer data amidst increasing cybersecurity challenges in the retail industry.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:23 pm

LAES

SEALSQ

SEALSQ has launched a new service named SEALDATA, aimed at enhancing data management and security for businesses. While the article also mentions LAES, the focus is primarily on SEALSQ's new offering.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:22 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) announced its strategic expansion by opening offices in New York and London and setting up an AI R&D Center in Frankfurt. This move aims to accelerate revenue growth and advance AI innovations. The New York and London offices will be led by Marco Baccanello, a Corporate Finance and Private Equity executive with experience in technology sector transactions. The Frankfurt AI R&D Center will be headed by Pascal Lauria, a veteran in AI and machine learning, aiming to nurture potential unicorn businesses.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:19 pm

COIN

HOOD

Shiba Inu (SHIB) experienced a significant movement with 6.84 trillion tokens shifted to Coinbase, Binance, Robinhood, Cumberland, and Wintermute, worth $227 million. This activity coincides with a drop in SHIB's price by 5.7% and a spike in whale transactions. The Shib community believes Shiboshi NFTs offer 'passive income for life,' a sentiment echoed by Shiba Inu's marketing lead and lead developer. Despite a recent ranking drop, Shiba Inu's utility in the blockchain space is highlighted.

Portfolio Pulse from Khyathi Dalal

March 13, 2024 | 1:17 pm

SYF

Skipify, a fintech company, has partnered with Synchrony (NYSE:SYF) to integrate Synchrony Mastercard into Skipify's Connected Wallet, enhancing the online checkout experience for Synchrony cardholders. This partnership aims to simplify payments, increase security, and improve conversion rates for merchants. An event at Shoptalk in Las Vegas will further discuss the partnership.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:16 pm

CREX

Creative Realities, Inc. (CREX) partners with Departure Media to enhance the traveler experience at Cincinnati/Northern Kentucky International Airport (CVG) through innovative digital signage solutions. This collaboration focuses on creating immersive advertising experiences using upgraded Samsung screens and fine pitch direct view LED displays. The initiative aims to modernize the visual landscape at CVG, improve traveler engagement, and provide advertisers with dynamic advertising spaces.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:13 pm