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PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares dropped in premarket trading despite announcing a significant contract to provide hydrogen infrastructure and fuel cell solutions to a major U.S. automaker for material handling operations. The project involves setting up a hydrogen infrastructure at a large electric vehicle and battery manufacturing campus, with full operations expected by Q1 2025. Plug Power also announced its Q4 results will be released on March 1, 2024.

Portfolio Pulse from Nabaparna Bhattacharya

February 21, 2024 | 2:09 pm

SEIC

SEI (NASDAQ:SEIC) has made a strategic investment of $10 million in TIFIN, an innovation platform focused on accelerating the adoption of artificial intelligence in wealth management. This partnership aims to enhance client experiences, support business growth, and foster industry talent and innovation through rapid solution delivery, market innovation access, and talent development. SEI's scale and TIFIN's AI expertise are expected to accelerate value and growth in the financial services industry.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:04 pm

TIVC

Tivic Health has successfully completed enrollment for a study focused on a non-invasive bioelectronic method for stimulating the vagus nerve. This development could have significant implications for the medical and health technology sectors, particularly in treatments that involve nerve stimulation.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:04 pm

CPRX

Catalyst Pharmaceuticals announced the publication of Santhera Pharmaceutical's VISION-DMD study results on Vamorolone in the Journal Neurology. This publication could influence perceptions of Vamorolone's efficacy and potential market impact.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:03 pm

SINT

SiNtx Technologies has entered into a second long-term supply agreement to manufacture and supply ceramic aircraft engine components for the aerospace market. This marks another significant step for SiNtx in expanding its presence in the aerospace industry.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:02 pm

F

TSLA

WKSP

Ford Motor (NYSE:F) faces a challenging start to 2024 with significant EV losses and a sales drop, prompting a reevaluation of its EV strategy. Tesla Inc (NASDAQ:TSLA) also encounters difficulties with its electric pickup, the Cybertruck, despite achieving production. Both companies have reduced EV prices in response to market slowdowns. Worksport Ltd (NASDAQ:WKSP) announced plans to develop a solar-powered tonneau cover, SOLIS, for Ford's F-150 Lightning, potentially enhancing its range and offering clean energy solutions.

Portfolio Pulse from Upwallstreet

February 21, 2024 | 2:02 pm

AAPL

Apple has launched a new free app called Apple Sports for iPhone users, offering real-time scores, statistics, and other sports-related information with a focus on speed and simplicity.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 2:01 pm

ADBE

Adobe Inc (NASDAQ:ADBE) has launched a beta version of its AI Assistant in Acrobat, aimed at enhancing document workflows with features like smart summaries and direct queries within documents. This AI tool, distinct for its integration into Acrobat without requiring document uploads, contrasts with models like ChatGPT. Adobe plans to adopt a subscription model post-beta. The launch aligns with Adobe's broader AI strategy, including video model development, amidst competition from tools like OpenAI's Sora. Adobe's stock closed lower by 0.87% at $541.91.

Portfolio Pulse from Anusuya Lahiri

February 21, 2024 | 2:00 pm

VRT

Vertiv Holdings (NYSE:VRT) shares fell premarket after reporting Q4 FY23 results with net sales of $1.865 billion, missing estimates, but adjusted EPS beat expectations. The company provided a weaker than expected outlook for Q1 and FY24 revenue and adjusted EPS. Vertiv's CEO highlighted opportunities in AI-driven data center demand and the acquisition of CoolTera to strengthen its position in liquid cooling.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 1:59 pm

MOTS

Motus GI Holdings has been granted a U.S. patent for a feature of its Pure-Vu System designed to prevent clogging during the cleansing of the gastrointestinal (GI) tract. This development could enhance the system's efficiency and reliability, potentially leading to increased adoption in medical facilities.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:53 pm