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GOOGL

MSFT

NVDA

Microsoft is investing $1.3 billion in AI skills and infrastructure in Mexico over the next three years. This move aims to democratize AI access and improve connectivity for small and medium-sized businesses. Despite this, Microsoft faces increased competition in AI from Amazon and Alphabet, leading to a downgrade by DA Davidson analyst Gil Luria.

Portfolio Pulse from Anusuya Lahiri

September 25, 2024 | 10:42 am

AAPL

FXI

SSNLF

In August, phone shipments within China increased by 26.7% year-over-year, reaching 24.05 million handsets, according to data from CAICT reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:35 am

MRK

The Japanese Ministry of Health has approved new indications for Merck's Keytruda in treating certain lung and urothelial cancers. This includes its use in combination with chemotherapy for non-small cell lung carcinoma and with Padcev for urothelial carcinoma.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:31 am

INFY

PSNY

Infosys has entered a strategic collaboration with Polestar to establish a global technology hub at its Bengaluru development center. This hub will focus on Polestar's in-car infotainment, software, electrical engineering, user experience, and cloud services.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:29 am

NIO

Nio Inc. has entered a charging agreement with Sinopec, allowing Nio drivers to use Sinopec EV chargers across China. This partnership aims to expand EV charging infrastructure for Nio's consumers.

Portfolio Pulse from Anan Ashraf

September 25, 2024 | 10:15 am

SBUX

Starbucks has introduced a new afternoon tea set at its Tokyo Reserve Roastery, priced at $41.94, available from Oct. 1-31. This move aligns with Starbucks' strategy to enhance in-store experiences amid leadership changes and global challenges.

Portfolio Pulse from Benzinga Neuro

September 25, 2024 | 10:12 am

NBIS

Nebius has announced the launch of a new GPU cluster in Paris, as part of its plan to invest over $1 billion in AI infrastructure in Europe by mid-2025.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:09 am

TSVT

2seventy anticipates a 30% increase in Q3 US revenue for Abecma from Q2's $54M, with strong demand indicated by double-digit growth in new patients. The company is focused on sustaining Abecma's success into 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:05 am

BMY

TSVT

2seventy bio and Bristol Myers Squibb have decided to discontinue enrollment in the Phase 3 KarMMa-9 study due to improvements in the NDMM treatment landscape and a review of the business case.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:03 am

UBER

WeRide and Uber have entered a strategic partnership to introduce autonomous vehicles on the Uber platform, starting in Abu Dhabi, UAE. This initiative will allow Uber users to choose WeRide autonomous vehicles for their rides. The partnership currently does not include plans for the US or China.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:01 am