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HUIZ

Huize Holding has partnered with PICC Life Insurance to launch a new critical illness insurance product, 'i Wu You – Low-Threshold Edition'. This product offers flexible coverage for various illnesses, a relaxed health declaration process, and is available to a wide age range of customers. It also includes value-added services like multi-disciplinary consultation.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:32 am

AAPL

AMD

BABA

INTC

MSFT

QCOM

Alibaba Group Holding Limited (NYSE:BABA) and Lenovo Group have announced a partnership to develop AI PCs and other AI-driven products, aiming to lead in the generative AI market. This collaboration, revealed at Lenovo's Tech World event, includes working with Tsinghua University's Institute for AI Industry Research. Lenovo introduced AI PCs featuring Alibaba's AI assistant, powered by the Tongyi Qianwen model. The AI PC market is expected to dominate in China, with predictions of making up 85% of new PC sales by 2027. Microsoft Corp (NASDAQ:MSFT) is also entering the AI PC market, competing with Apple Inc's (NASDAQ:AAPL) MacBook Air, using Arm Holdings Plc (NASDAQ:ARM) technology and Qualcomm Inc's (NASDAQ:QCOM) Snapdragon X Elite processors. Advanced Micro Devices, Inc (NASDAQ:AMD) and Intel Corp (NASDAQ:INTC) are also focusing on integrating AI into PCs.

Portfolio Pulse from Anusuya Lahiri

April 19, 2024 | 11:30 am

DAT

ORCL

PLTR

SFYF

Palantir Technologies Inc. (NYSE:PLTR) shares have declined over 6.9% in the past five days, despite endorsements from Jim Cramer and investments from Ark Invest. The company is pitching agencies for inventory and supply chain management solutions and has recently partnered with Oracle Corporation (NYSE:ORCL) for cloud and AI solutions. Investors can also gain exposure to PLTR through ProShares Big Data Refiners ETF (NYSE:DAT) and SoFi Social 50 ETF (NYSE:SFYF).

Portfolio Pulse from Nabaparna Bhattacharya

April 19, 2024 | 11:28 am

BTCUSD

SOLUSD

TONUSD

Crypto venture capitalist Andrew Kang predicts significant buying opportunities for Bitcoin, Solana, Dogwifhat, and Toncoin due to anticipated global approval of cryptocurrency ETFs and other factors. He expects their prices to drop to specific targets, viewing these as investment opportunities. Kang also notes Solana's network congestion issues but expects a recovery. The global crypto market could see a boost from increased institutional investment following the approval of the first spot BTC and Ethereum ETF in Hong Kong.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 11:24 am

NKE

PMMAF

Nike Inc is close to finalizing a significant endorsement deal with basketball star Caitlin Clark, who is expected to make her professional debut in May. Clark, the first overall pick in the WNBA draft by the Indiana Fever, had a previous sponsorship with Nike during her college career. The deal includes launching her own signature line of footwear, as Nike aims to build a young roster of basketball talents. This aligns with the industry's growing focus on women's sports and the rarity of sneaker lines for female athletes. Puma SE also has a deal with Breanna Stewart, highlighting a similar focus on women's sports endorsements.

Portfolio Pulse from Shivani Kumaresan

April 19, 2024 | 11:18 am

VFS

VinFast Auto (NASDAQ:VFS) has signed a cooperation agreement with Mobivia to expand its aftersales service network in France and Germany, enhancing support for VinFast customers in these countries.

Portfolio Pulse from Charles Gross

April 19, 2024 | 11:18 am

AAPL

GOOGL

IXP

MSFT

VOX

Google's CEO Sundar Pichai announced a major restructuring to accelerate AI development, aiming to outpace competitors like Microsoft. The reorganization consolidates all AI teams under DeepMind, focusing on unified AI efforts and introducing a new Platform and Devices team. This move, the largest change at Alphabet since last year's AI unit integration, seeks to enhance product innovation and decision-making. Analysts view Alphabet's AI and cloud investments as key growth drivers, potentially boosting its shares alongside a speculated collaboration with Apple.

Portfolio Pulse from Anusuya Lahiri

April 19, 2024 | 11:07 am

MRK

Health Canada has approved Merck's KEYTRUDA in combination with chemotherapy as a first-line treatment for adult patients with locally advanced unresectable or metastatic HER2-negative gastric or gastroesophageal junction (GEJ) adenocarcinoma. This approval marks a significant advancement in the treatment options available for patients with this type of cancer.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:07 am

PRQR

ProQR Therapeutics successfully defended a key patent for its Axiomer RNA editing platform against an opposition filed with the European Patent Office. The patent, part of ProQR's intellectual property for Axiomer, relates to editing oligonucleotides with chemical modifications to increase stability and recruit ADAR for editing target adenosine. The EPO's decision maintains ProQR's strong IP position on its proprietary ADAR mediated RNA editing technology.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:06 am

TLSA

Tiziana Life Sciences announced that study results of its intranasal anti-CD3 Foralumab in Multiple Sclerosis (MS) patients with Progressive Independent of Relapse Activity (PIRA) have been highlighted in Neurology Today. This development could signify a positive advancement in the treatment of MS, particularly for patients with PIRA, a condition that indicates a progression of the disease independent of relapses.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:03 am