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GLW

Corning Incorporated (NYSE:GLW) and Samsung Electronics have announced that the upcoming Samsung Galaxy S24 Ultra will feature Corning's new Gorilla Armor cover material. This material promises enhanced durability and visual clarity, with up to 75% reduced reflection and over four times more scratch resistance than competitive aluminosilicate glasses. Gorilla Armor also includes 25% pre-consumer recycled content. The collaboration marks a continuation of a 50-year partnership between Corning and Samsung, with Corning's glass products being a staple in Samsung's device lineup.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 6:02 pm

QCOM

Qualcomm Technologies, Inc, a subsidiary of Qualcomm Inc (NASDAQ:QCOM), announced that its Snapdragon 8 Gen 3 Mobile Platform will power Samsung Electronics Co Ltd's new Galaxy S24 series smartphones. The Galaxy S24 Ultra will feature the chipset globally, while the Galaxy S24 Plus and S24 will include it in select regions. The Snapdragon 8 Gen 3 for Galaxy is designed to enhance AI capabilities, camera and gaming experiences, connectivity, and security with Qualcomm's 3D Sonic Gen 2 technology. Despite the announcement, QCOM shares dropped by 1.92% to $138.42.

Portfolio Pulse from Anusuya Lahiri

January 17, 2024 | 6:00 pm

ETHUSD

On Tuesday, 6,928.94 Ether (ETH) valued at $17.5 million was burned due to EIP-1159, which introduced a fee model where a base fee per transaction is permanently removed from circulation. This process contributes to Ethereum's deflationary mechanism, especially with the upcoming Ethereum 2.0 upgrade that is expected to reduce the issuance rate of new Ether significantly.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:00 pm

QCOM

Qualcomm's Snapdragon 8 Gen 3 Mobile Platform is featured in Samsung's new Galaxy S24 series, enhancing the devices with advanced AI, professional-quality camera features, gaming experiences, ultra-fast connectivity, and authentic solutions.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 6:00 pm

BLK

JPM

JPMorgan Chase CEO Jamie Dimon expressed skepticism about Bitcoin, criticizing it for its alleged use in illicit activities and questioning the cryptocurrency's supply limit. He acknowledged the potential of blockchain and cryptocurrencies with use cases, particularly those involving smart contracts and tokenization. Dimon's views contrast with other financial leaders like BlackRock CEO Larry Fink, who supports the tokenization of financial assets. The Bitcoin community responded to Dimon's comments, defending Bitcoin's value proposition of absolute scarcity.

Portfolio Pulse from Khyathi Dalal

January 17, 2024 | 5:59 pm

PI

Impinj Inc (NASDAQ:PI) shares rose after the company raised its Q4 2023 revenue and adjusted EBITDA guidance above prior estimates and consensus. However, BWS Financial analyst Hamed Khorsand dropped coverage, expressing skepticism about the company's growth sustainability. Impinj expects to release full results on February 8, 2024, and recently launched the Impinj R720 RAIN RFID reader. Despite the guidance boost, the analyst's stance may temper investor enthusiasm.

Portfolio Pulse from Lekha Gupta

January 17, 2024 | 5:37 pm

SOLUSD

Solana (CRYPTO: SOL) is showing signs of a potential price breakout with a 98.9% surge in monthly active addresses and upcoming ecosystem developments. Jupiter, a Solana-based DeFi aggregator, announced an airdrop of 1 billion JUP tokens and hinted at a memecoin launch. Solana Mobile is preparing to launch a second smartphone model. Crypto analysts predict that if SOL closes above $106, it could rally by 47% towards $150-$165. SOL is currently up 1.6%, trading around $98.

Portfolio Pulse from Khyathi Dalal

January 17, 2024 | 5:33 pm

GOOG

Cybersecurity skills are in high demand, with 600,000 open positions in the U.S. and 3.5 million globally. The Bureau of Labor Statistics projects a 32% job growth in this sector over the next decade. Alphabet Inc's (GOOG) CMO for the Americas, Lisa Gevelber, highlighted the high demand and noted that these jobs often don't require a college degree but can be accessed through online courses like those offered by Grow with Google. Salaries for cybersecurity roles can reach up to $200,000 annually.

Portfolio Pulse from Adam Eckert

January 17, 2024 | 5:19 pm

IVPAF

Ivanhoe Mines (OTC:IVPAF) has entered into a joint venture with Gécamines to revive the Kipushi mine in the DRC, inactive for 30 years. The mine is known for its rich zinc orebody and other metals. Gécamines will increase its stake in Kipushi Corporation to 38%, and eventually to 80% after certain reserves are mined. Production is expected to start in Q2 2024 with an annual output of over 250,000 tons of zinc. However, the zinc market is currently facing challenges with flat prices and oversupply predicted for 2024.

Portfolio Pulse from Stjepan Kalinic

January 17, 2024 | 5:16 pm

GOOGL

Google has announced that its Personalized Service Health feature is now generally available. This service provides visibility into disruptive events impacting Google Cloud products and services relevant to user projects. It integrates with the Google Cloud console and offers custom alerts, API, and logs for monitoring.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:09 pm