Streetbeat News

Products Services

VEEA

Veea's stock is rising following the announcement of a strategic partnership with Crowdkeep. The collaboration aims to integrate their technologies to offer a comprehensive solution for tracking assets, people, and conditions.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:28 pm

VEEA

Veea Inc. (NASDAQ:VEEA) shares surged after announcing a partnership with Crowdkeep to integrate AI-enabled solutions for asset and personnel tracking. The stock is trading above its 50-day moving average and nearing its 52-week high.

Portfolio Pulse from Erica Kollmann

September 18, 2024 | 2:22 pm

DELL

LNVGY

SMCI

Lenovo is expanding its AI server production in India, aiming to export a significant portion to the Asia-Pacific region. The AI server market is growing rapidly, but Super Micro Computer faces scrutiny over accounting issues, impacting its stock. Analysts see potential in Dell's AI server margins.

Portfolio Pulse from Anusuya Lahiri

September 18, 2024 | 2:20 pm

AAPL

GOOGL

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) has started producing Apple A16 chips at its Arizona facility, with plans to increase production. This comes as Apple faces market share challenges in China. TSMC is also benefiting from strong demand for Nvidia AI chips and may secure a deal with Google for Pixel chips.

Portfolio Pulse from Anusuya Lahiri

September 18, 2024 | 2:19 pm

DNA

Ginkgo Bioworks Holdings Inc (NYSE:DNA) shares are rising due to the launch of Ginkgo Datapoints, a product aimed at improving AI model training by generating large biological datasets efficiently. This follows a 10% stock rally after launching a protein large language model with Google Cloud.

Portfolio Pulse from Adam Eckert

September 18, 2024 | 2:14 pm

TSLA

Ford is introducing a karaoke feature in its electric vehicles, starting with the F-150 Lightning, to enhance user experience. This feature, similar to one offered by Tesla, will be available via a software update in multiple regions.

Portfolio Pulse from Chris Katje

September 18, 2024 | 2:12 pm

CVX

DRLL

XLE

Chevron CEO Michael Wirth criticized the Biden administration's pause on LNG export decisions, arguing it could lead to higher energy costs and emissions. He emphasized the importance of natural gas for AI growth and advocated for a shift from coal to gas. Chevron's recent partnership with Mitsui O.S.K. Lines to install wind-assisted propulsion on an LNG carrier was also highlighted.

Portfolio Pulse from Lekha Gupta

September 18, 2024 | 2:10 pm

ARKW

IYZ

ROKU

Roku, Inc. has launched Roku Ads Manager, a self-service platform for CTV performance, aimed at direct-to-consumer brands. This platform offers unique features like native shoppable campaigns with Shopify and competitive pricing. Roku shares are trading higher following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

September 18, 2024 | 2:06 pm

VVOS

Vivos Therapeutics has received FDA 510(k) clearance for its DNA appliance, designed to treat pediatric obstructive sleep apnea (OSA) and snoring. This approval allows Vivos to enter the pediatric market, potentially capturing significant market share. The device is non-invasive and effective, with clinical trials showing significant improvements in sleep-related symptoms. Vivos plans to quickly integrate this into its marketing model to scale revenue.

Portfolio Pulse from Vandana Singh

September 18, 2024 | 2:05 pm

AGEN

GSK

GSK's phase 3 trial shows that co-administering its RSV vaccine, Arexvy, with its shingles vaccine, Shingrix, in older adults results in a non-inferior immune response compared to separate administration. The trial data will support regulatory submissions.

Portfolio Pulse from Vandana Singh

September 18, 2024 | 2:01 pm