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MSFT

A Microsoft Corp engineer discovered that the AI image generator Copilot Designer produces 'disturbing' content, violating responsible AI principles. Despite reporting the issue, Microsoft has not removed the product. The situation raises concerns about misinformation, especially with upcoming elections. Google also faced criticism for its AI image generator, while Microsoft's AI upgrade for 365 received mixed reviews.

Portfolio Pulse from Benzinga Neuro

March 07, 2024 | 2:31 am

MRMD

MariMed Inc (OTCQX:MRMD), a multi-state cannabis operator, reported a revenue increase to $38.9 million in Q4 2023, up from $35.8 million in the same period last year. However, the company experienced a net loss of $10.1 million in the quarter, compared to a net income of $4.7 million in the previous year, primarily due to a $10 million loss on the extinguishment of debt. For the full year, revenue was $148 million, up from $134 million in 2022, but net loss increased to $16 million from a net income of $13.6 million in 2022. CEO Jon Levine highlighted the company's sixth consecutive year of double-digit revenue growth and positive adjusted EBITDA for the fourth year. MariMed anticipates 5% to 7% revenue growth in 2024, not including potential new revenue from operations in Ohio, Missouri, Maryland, or acquisitions.

Portfolio Pulse from Maureen Meehan

March 07, 2024 | 2:09 am

DIS

NFLX

WBD

Warner Bros. Discovery (NASDAQ:WBD) announced plans to enforce a strict policy against password sharing for its Max streaming service, following the lead of Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS). The announcement was made by WBD's CEO at the Morgan Stanley Technology, Media, and Telecom 2024 conference. WBD views this move as a growth opportunity and is also exploring new advertising formats, including transactional ads and potential bundled services partnerships.

Portfolio Pulse from Ananya Gairola

March 07, 2024 | 1:37 am

BTCUSD

'Rich Dad Poor Dad' author Robert Kiyosaki predicts Bitcoin (BTC) will reach $300,000 by 2024, citing its recent rally and the launch of spot Bitcoin ETFs as key drivers. Despite a 10% drop this week, Bitcoin has gained 55.83% since the start of 2024, largely due to the ETFs. Kiyosaki emphasizes the importance of investing in Bitcoin now, even with as little as $500.

Portfolio Pulse from Benzinga Neuro

March 07, 2024 | 1:26 am

BTCUSD

Cloaked Wireless announced the launch of a new suite of services aimed at protecting users from SIM swap and port-out attacks, allowing payment in Bitcoin. This makes it one of the first U.S. wireless service providers to accept cryptocurrency. The company emphasizes user privacy, minimal data collection, and advanced authentication technologies to combat mobile security breaches. Cloaked Wireless operates as an MVNO and offers free lifetime service to key Bitcoin core developers, highlighting its commitment to secure communication and support for the cryptocurrency community.

Portfolio Pulse from Murtuza Merchant

March 06, 2024 | 10:34 pm

AAPL

NVDA

TSLA

Wall Street veteran Ed Yardeni highlighted vulnerabilities in Apple Inc. (AAPL) and Tesla Inc. (TSLA) among the Magnificent Seven stocks, citing concerns over China's economic slowdown and consumer purchasing patterns. Apple's significant revenue exposure to China and a drop in iPhone sales were noted. Yardeni contrasted this with Nvidia Corp. (NVDA), which is anticipated to benefit from the AI and semiconductor sectors' growth. He expressed a cautious outlook on the market, suggesting the Federal Reserve might not lower interest rates this year.

Portfolio Pulse from Piero Cingari

March 06, 2024 | 10:26 pm

WKSP

Worksport has announced the anticipated summer launch of its SOLIS Solar Cover and COR Battery System, marking a significant step forward in its product offerings.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:16 pm

SHIBUSD

Shiba Inu (SHIB) has seen a 1.7% increase in the past 24 hours, maintaining its top 10 market cap position. Lead developer Shytoshi Kusama hinted at upcoming Shiba Inu-themed services. A significant token burn of 177 million tokens, including a single transaction of 100.5 million tokens, coincides with the coin's price recovery. Technical analyst Javon Marks predicts a potential 120% price increase for SHIB. Increased transactions over $100,000 and new account registrations on Shibarium Scan suggest growing investor interest.

Portfolio Pulse from Khyathi Dalal

March 06, 2024 | 10:13 pm

EBS

Emergent BioSolutions Inc (NYSE:EBS) reported Q4 losses of 77 cents per share, missing analyst estimates, and quarterly sales of $276.6 million, below expectations. Sales from Narcan Nasal Spray increased by 22% year-over-year. The company amended its credit agreement for more flexible terms and provided an optimistic revenue outlook for Q1 and the fiscal year, despite acknowledging short-term challenges.

Portfolio Pulse from Erica Kollmann

March 06, 2024 | 10:02 pm

GSK

PFE

ViiV Healthcare, majorly owned by GSK with Pfizer and Shionogi as shareholders, announced interim phase 3 trial results showing its injectable HIV treatment, Cabenuva, outperforms daily oral therapy in maintaining viral suppression in patients with ART adherence challenges. The study highlighted superior efficacy of the long-acting injectable over standard oral care, despite similar rates of adverse events. Pfizer's stock saw a 4.26% increase to $27.19 following the news.

Portfolio Pulse from Vandana Singh

March 06, 2024 | 10:00 pm