Streetbeat News

Products Services

GOOG

GOOGL

Former employees of Alphabet Inc have criticized the company's culture, attributing it to the bias observed in the Gemini AI tool. They argue that the company's focus on diversity, equity, and inclusion over excellence has led to the tool's controversial responses around race and gender. Despite the backlash, Apple is reportedly interested in licensing Gemini AI models for future iPhones. The controversy raises concerns about the impact of 'woke AI' and Google's reputation in AI development.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 10:55 am

OTLK

VGK

On 21 March 2024, the EU's Committee for Medicinal Products for Human Use (CHMP) recommended the approval of Outlook Therapeutics' Lytenava for the treatment of neovascular age-related macular degeneration. This positive opinion is a crucial step towards the marketing authorization of Lytenava in the European Union.

Portfolio Pulse from Charles Gross

March 22, 2024 | 10:54 am

AULT

Ault Alliance announced that its subsidiary, Sentinum, has disclosed plans for a Bitcoin mining site in Montana to be operational and mining by the end of March 2024. This move signifies Ault Alliance's entry into the cryptocurrency mining sector.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:38 am

PRZO

ParaZero announced a 10.8% increase in FY23 sales, reaching $620.51M, attributed to a strategic shift towards OEM integrations, resulting in higher sales volumes compared to the aftermarket segment.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:36 am

VNT

Vontier Corporation announced that its subsidiary, Angi Energy Systems, has begun construction of the Midwest's first hydrogen refueling test facility. This development marks a significant step in the expansion of hydrogen fuel infrastructure in the region.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:32 am

NAAS

NaaS Technology Inc. (NASDAQ:NAAS) has partnered with China Southern Power Grid (Hainan) EV Service Co to enhance the EV charging infrastructure and payment services in Hainan Province, China. This collaboration aims to integrate 193 charging stations and 700 DC chargers into NaaS's nationwide network, which already includes 73,000 charging stations and 767,000 chargers. The company also announced strategic agreements with CCTEB in Wuhan and CATARC in Tianjin to further expand and improve its charging infrastructure. Despite these developments, NAAS stock has declined over 70% in the past year but saw a slight increase of 0.87% to $1.16 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

March 22, 2024 | 10:26 am

LYFT

Lyft Inc (NASDAQ:LYFT) has partnered with Nielsen to measure its in-app advertisements through Lyft Media using Nielsen ONE Ads, Brand Impact, and Buyer Lift. This collaboration aims to provide comprehensive insights into audience measurement, brand, and sales lift performance, enhancing advertising campaign strategies.

Portfolio Pulse from Shivani Kumaresan

March 22, 2024 | 10:11 am

TSLA

Elon Musk confirmed that production of the Tesla Cybertruck is accelerating at the Texas Gigafactory, responding to a post showing around 370 Cybertrucks on-site. The Cybertruck has seen a surge in popularity, with over one million reservations and notable celebrities owning the vehicle. Despite its popularity, it has not yet undergone crash tests by regulatory bodies due to its unique design and lower production volumes. Musk has addressed quality concerns, ensuring issues like door panel gaps have been corrected.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 10:10 am

CG

BMO Global Asset Management (BMO GAM) has partnered with Carlyle to launch a private equity strategy for Canadian accredited investors, offering access to a global diversified private equity portfolio through a single fund available this spring.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:04 am

COHR

Coherent announced the introduction of a new circulator adaptor that enables bi-directional fiber connectivity, specifically designed for AI/ML applications. This innovation is expected to enhance the performance and efficiency of AI/ML systems by facilitating improved data flow and connectivity.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:02 am