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BMWYY

BMW Group has achieved a new record high in vehicle sales with 2.56 million units in 2023, marking a 6.5% year-over-year increase. The company's BEV sales reached the target of 15%, with significant growth across all regions. The BMW brand grew by 7.3% with 2.25 million vehicles delivered globally. In Q4 2023, BMW Group delivered 129,316 fully-electric vehicles, a 47.7% increase. BMW led the global premium segment in 2023, with electric models growing by 92.2%. The company aims to sell over half a million EVs in 2024. BMWYY shares dropped by 0.81% to $36.79.

Portfolio Pulse from Nabaparna Bhattacharya

January 09, 2024 | 3:11 pm

QTWO

Q2 Holdings, Inc. (NYSE:QTWO) has expanded its partnership with Agent IQ to become a Q2 Strategic Alliance partner, allowing Q2 to resell Agent IQ's Lynq platform to its bank and credit union customers. The Lynq platform integrates with the Q2 Digital Banking Platform, offering AI-augmented insights and personal banker engagement to enhance relationship banking and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:04 pm

THRM

SourceMark Medical has announced an expanded partnership with Gentherm Medical, becoming the master supplier of certain Gentherm patient warming product lines in the U.S. This includes Astopad®, Norm-O-Temp®, Gelli-Roll®, WarmAir®, and FilteredFlo®. The partnership aims to increase the availability of patient warming solutions to clinicians and improve patient care. SourceMark will now offer all three patient warming modalities, positioning itself as a unique supplier in the market.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:03 pm

ENSB

Ensemble Health Partners, a leader in revenue cycle management, has announced a strategic partnership with Tallahassee Memorial HealthCare to improve financial performance and patient experiences. Ensemble will leverage its innovative technologies and expertise to support TMH's goal of providing exceptional care. TMH is a notable regional hospital in Florida, serving a 21-county area. Ensemble is recognized for its top-ranked services and performance in the healthcare industry.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 3:01 pm

AIQ

BOTZ

IRBO

ISRG

ROBO

ROBT

ROK

The global robotics technology market is expected to grow at a CAGR of 14.7% from 2023 to 2032, reaching $283.19 billion. AI advancements are enhancing robots' capabilities, with significant growth in industrial, healthcare, and agriculture sectors. Intuitive Surgical Inc (ISRG), Rockwell Automation Inc (ROK), and Deere & Co (DE) are key stocks to consider. ETFs like BOTZ, ROBO, AIQ, IRBO, and ROBT offer diversified exposure to the robotics and AI sector.

Portfolio Pulse from Surbhi Jain

January 09, 2024 | 2:33 pm

FBYD

HSY

Falcon's Beyond Global has entered into an agreement with Hershey to create and develop Hershey-branded location-based entertainment experiences in various markets, including the U.S. and internationally. This deal grants Falcon's Beyond the licensing rights to develop these venues, which will combine retail and entertainment, known as 'retailtainment', featuring Hershey's brand.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 2:32 pm

AAPL

A Beijing-based research institute claims to have cracked Apple Inc.'s (NASDAQ:AAPL) AirDrop encryption, potentially exposing users' phone numbers and email addresses. The city's judicial bureau has used this method to identify suspects, enhancing case resolution effectiveness. This follows Apple's restriction of the 'Everyone' AirDrop setting in China amid protests and the recent iOS 17 update that allows AirDrop to work over the internet.

Portfolio Pulse from Rounak Jain

January 09, 2024 | 2:25 pm

KYMR

Kymera Therapeutics, Inc. (NASDAQ:KYMR) announced its 2024 objectives, focusing on advancing its immunology and oncology programs. The company expects to complete enrollment for Phase 2 studies of KT-474 in Q4 2024, with topline data due in H1 2025. Phase 1 trials for KT-621 and KT-294 are set for H2 2024 and H1 2025, respectively. KT-333 and KT-253 are expected to complete Phase 1a studies in 2024. Kymera is well-capitalized with over $745M in cash, providing a runway into H1 2027. The company will present at the J.P. Morgan Annual Healthcare Conference on January 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 2:19 pm

NBY

SNOA

NovaBay Pharmaceuticals and Sonoma Pharmaceuticals have reached an agreement to market Avenova-branded products in the European Union. Under the agreement, Sonoma will manufacture the eye product Ocudox and pay NovaBay a royalty fee based on net product sales. The products will be marketed through Sonoma's European distribution network, leveraging NovaBay's Avenova brand and Sonoma's distribution expertise.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 2:18 pm

TYL

Tyler Technologies, Inc. (NYSE:TYL) has successfully implemented its Enterprise Environmental Health (EEH) solution in the city of Edina, Minnesota. The EEH solution is part of Tyler's Enterprise Permitting & Licensing platform and is designed to streamline the city's Environmental Health licensing, renewals, and inspection processes. The city of Edina, already a Tyler client, has seen early benefits such as improved workflows, better data management, and automated communication with business owners. The integration of EEH will also aid in code enforcement and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 2:18 pm