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MSFT

OpenAI is collaborating with WAN-IFRA to assist over 100 news publishers in exploring and integrating AI in their newsrooms. This initiative aims to enhance the efficiency and capabilities of newsrooms through AI technology.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 5:07 pm

BTCUSD

Bitcoin's potential to reach new all-time highs is closely tied to inflation data, according to a report by 10x Research. Institutional inflows have been significant, but higher-than-expected inflation has dampened enthusiasm. The report suggests that if inflation data aligns with or falls below expectations, Bitcoin could reach new highs.

Portfolio Pulse from Murtuza Merchant

May 29, 2024 | 4:55 pm

MSFT

NVDA

SOPH

SOPHiA GENETICS is collaborating with Microsoft and NVIDIA to develop a scalable whole genome sequencing solution, aiming for availability by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:51 pm

AMGN

AZN

The FDA has approved Amgen's Bkemv as the first interchangeable biosimilar to AstraZeneca's Soliris for treating rare diseases PNH and aHUS. This approval marks the 53rd biosimilar in the U.S. and the 13th interchangeable one.

Portfolio Pulse from Vandana Singh

May 29, 2024 | 4:51 pm

CCL

NCLH

Carnival Corporation (NYSE:CCL) shares are trading lower, down more than 7% over the past five days. Despite a recent rally due to Norwegian Cruise Holdings Ltd. (NYSE:NCHL) raising its earnings guidance, Carnival's stock has been impacted by a lowered price target from Truist Securities and a high short interest. Princess Cruises announced an extension of itineraries in Japan for the 2025-26 season.

Portfolio Pulse from Erica Kollmann

May 29, 2024 | 4:50 pm

ILMN

Illumina shares are trading lower following the announcement that the company will present its research at the ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:42 pm

AAPL

TCEHY

Tencent's new game Dungeon & Fighter Mobile has earned $140 million in its first week, making a significant impact in the global gaming market. The game has topped charts and pushed other Tencent hits down, with potential to generate over $1 billion in sales this year.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:34 pm

ERIC

TMUS

T-Mobile has announced an enhancement to its connected workplace solutions by integrating Cradlepoint's 5G networking solutions. This includes nationwide 5G business internet services using Cradlepoint routers, adapters, and the NetCloud management platform.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:33 pm

AMZN

ORAN

VCR

XLY

Amazon and Orange have partnered to launch AWS cloud services in Morocco and Senegal, marking the first time these services will be available in countries without physical AWS infrastructure. This move aims to meet the growing demand for faster computing solutions in Africa, driven by sectors like banking, telecommunications, and healthcare. The African cloud market is projected to grow by 15% annually, reaching $18 billion by 2028.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 4:31 pm

LLY

The FDA has granted accelerated approval to Eli Lilly's Retevmo for pediatric patients with advanced thyroid cancer and RET gene fusion. This marks the first targeted therapy approved for patients under 12 with RET alterations.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 4:30 pm