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SIFY

Sify Technologies has filed for a rights offering, aiming to expand its digital services and data center operations. This strategic move is expected to enhance the company's infrastructure and service offerings, positioning it for future growth in the rapidly evolving digital landscape.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:39 am

MYGN

Myriad Genetics has been granted a foundational patent for Molecular Residual Disease (MRD) with an early priority date, marking a significant advancement in the field of genetic testing and cancer treatment.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:14 am

BYDDF

BYDDY

BYD Co Ltd, backed by Warren Buffett, has expanded into the Greek market, showcasing its electric vehicles including the Atto 3 SUV and Seal sedan. This marks a significant step in BYD's European expansion, aiming to become a top-five player in European registrations. Despite its rapid expansion, BYD's market share in Europe remains minimal. However, BYD outsold Tesla in global BEV sales in the last quarter of 2023.

Portfolio Pulse from Anan Ashraf

March 22, 2024 | 7:07 am

TSLA

Tesla Inc. has introduced a limited edition Cyber Hammer, inspired by its Cybertruck, available through its referral program for those with 35,000 credits. Only 800 units will be made, featuring a design reminiscent of the Cybertruck and a laser-etched signature of Tesla's senior executive Franz von Holzhausen. This move follows the memorable Cybertruck unveiling event in 2019, where its durability was demonstrated. Tesla also sells a 'OMFG decal', referencing a mishap during the event.

Portfolio Pulse from Anan Ashraf

March 22, 2024 | 6:51 am

ETON

RLFTF

Eton Pharmaceuticals has acquired exclusive U.S. rights to PKU GOLIKE from Relief Therapeutics. The transaction is expected to be accretive to Eton's earnings in 2024, with PKU GOLIKE estimated to reach peak sales of over $10 million annually in a U.S. PKU medical formula market worth approximately $100 million annually.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 6:29 am

COIN

META

RDDT

Ark Invest, led by Cathie Wood, purchased shares of Meta Platforms Inc (META) and Reddit (RDDT) on their debut, while selling Coinbase (COIN) shares. The firm bought 90,253 META shares valued at $45.82 million and 9,982 RDDT shares worth $503,492. Meanwhile, 199,526 COIN shares were sold for $52.27 million. The trades reflect Ark's strategic positioning in response to market trends and legal challenges faced by META.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 5:16 am

AAPL

Apple Inc. (NASDAQ:AAPL) has launched new updates for its iPhone, iPad, and Apple Vision Pro devices, including iOS 17.4.1, iPadOS 17.4.1, and visionOS 1.1.1. These updates, which follow the earlier release of iOS 17.4 and iPadOS 17.4, focus on bug fixes, performance enhancements, and compatibility improvements. The updates are part of Apple's ongoing efforts to address security concerns, enhance device performance, and comply with regulatory changes, such as the EU's Digital Markets Act.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 4:35 am

SSNLF

Samsung Electronics Co. Ltd (OTC:SSNLF) is launching its 2024 Frame TV, available for preorders with a promotional offer of a free 65-inch Samsung TU690T smart TV valued at $450. The new Frame TV features Pantone validation, a curated selection of art, enhanced energy efficiency, a dynamic refresh rate, a motion sensor, and a 100% color volume with Quantum Processor 4K. This offer was announced at Samsung's 'Unbox and Discover' event, aiming to boost sales and attract customers.

Portfolio Pulse from Ananya Gairola

March 22, 2024 | 4:02 am

AAPL

LULU

NKE

RDDT

TSLA

U.S. stocks saw a positive trend with Reddit's IPO outperforming expectations, Apple facing a DOJ lawsuit, Nike beating revenue estimates, Lululemon surpassing revenue expectations, and Tesla proving its 4680 cell production capabilities. Reddit's shares soared, while Apple's fell due to legal challenges. Nike, Lululemon, and Tesla also made significant moves.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 3:36 am

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), criticized Google on X for what he perceives as bias in its search results, specifically mentioning a change in the definition of 'bloodbath' following a speech by Donald Trump. Musk's comments reflect his ongoing concerns about 'woke AI' affecting content and information accuracy.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 2:46 am