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COIN

Coinbase Global has acknowledged that some users are experiencing delays in trades and transfers on Coinbase.com, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:23 pm

LUNR

Intuitive Machines, Inc. (NASDAQ: LUNR) has been awarded a $30 million contract by NASA to conduct a Lunar Terrain Vehicle Services Feasibility Assessment as part of NASA's Artemis campaign. This marks the company's entry into human spaceflight operations within the $4.6 billion LTV Services project. The contract involves developing a roadmap for deploying a Lunar Terrain Vehicle on the Moon using Intuitive Machines' Nova-D cargo-class lunar lander. Partners including AVL, Boeing, Michelin, and Northrop Grumman will contribute to the vehicle's design, showcasing advanced capabilities in power management, autonomous driving, and navigation for lunar exploration.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:15 pm

AMZN

LLY

NVO

Eli Lilly & Company (NYSE:LLY) is facing challenges in meeting the demand for its weight-loss treatments Mounjaro and Zepbound, with sales contributing significantly to its Q4 revenues. Despite expanding production, shortages are reported on Amazon Pharmacy and the FDA's list. Novo Nordisk (NYSE:NVO) faces similar issues with its obesity drugs. LLY stock has been trading sideways after a significant rise, while NVO also sees stock movement.

Portfolio Pulse from Neil Dennis

April 03, 2024 | 8:07 pm

GOOG

GOOGL

Alphabet's stock is experiencing an uptick after reports emerged that the company is contemplating the introduction of fees for its AI-powered search services. This move could potentially open up new revenue streams for Alphabet, enhancing its financial outlook and appealing to investors looking for growth in AI technology applications.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:04 pm

GOOGL

Google is considering charging for new AI-powered search features as part of its premium subscription services, marking a significant shift from its traditional ad-supported model. This move comes as Google seeks to integrate generative AI into its core products, including its search engine, to stay competitive against threats like OpenAI's ChatGPT. Despite the potential for a paid search model, Google's traditional search engine and ad placements will remain free. The company is exploring how to balance the introduction of AI innovations with the preservation of its primary revenue source from search-related ads, which totaled $175bn last year.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:04 pm

BMY

LAB

Standard BioTools Inc. (NASDAQ:LAB) has entered into a multi-year strategic engagement with Bristol Myers Squibb (NYSE:BMY) to utilize the SomaScan Platform for translational medicine research through 2026. The platform will be used in clinical trials across multiple therapeutic areas, leveraging its proteomics technology to enhance drug development processes and potentially improve patient outcomes. The collaboration aims to advance clinical trials, including creating a screening model for hypertrophic cardiomyopathy (HCM).

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:02 pm

SOL

The 'Jeo Boden' meme coin, a Solana-based cryptocurrency parodying President Joe Biden, hit a new all-time high with a market cap of $379 million, surging over 50% in a day. Cryptocurrency trader @housetechnolove compared its performance to Truth Social, highlighting the non-financial factors driving their market success, including community support and political sentiment.

Portfolio Pulse from Ivan Crnogatić

April 03, 2024 | 7:46 pm

ORAAF

Aura Minerals (OTCQX:ORAAF) reported significant growth in its mineral reserves, with a notable stock performance increase of almost 16% over the last month. The company's exploration activities added 2.4 million ounces in measured and indicated reserves and 856,000 in proven and probable reserves. Key developments include increases in reserves at the Aranzazu mine in Mexico, Apoena mine in Honduras, and the Borborema project in Brazil. Aura Minerals also highlighted strong production results from the previous year and projected an increase in production for 2024, with net revenues surging by 164% since 2018.

Portfolio Pulse from Stjepan Kalinic

April 03, 2024 | 7:23 pm

AAPL

Bloomberg News reports that engineers at Apple are developing a mobile robot designed to follow users around their homes, indicating a potential new product direction for the tech giant.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 7:17 pm

AAPL

Apple Inc. is exploring the field of home robotics, including a mobile robot and an advanced table-top device with a movable display, as potential new growth avenues after discontinuing its electric vehicle project.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 7:17 pm