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GOOG

GOOGL

Alphabet Inc's Google and Apple Inc are both delving into AI-powered life narratives using Large Language Models (LLMs). Google's 'Project Ellmann' aims to analyze mobile phone data to narrate a user's life story, potentially integrating with Google Photos and featuring an interactive chat. Google has also integrated its advanced AI model, Gemini, into its chatbot Bard and plans to extend it to other products. Apple is advancing its AI through the Photos app and the upcoming Journal App, enhancing LLMs with data like facial recognition and thematic photo categorization. GOOG shares closed lower by 1.31% at $136.64 on Friday.

Portfolio Pulse from Anusuya Lahiri

December 11, 2023 | 12:53 pm

SFM

UBER

Sprouts Farmers Market Inc (SFM) has announced that its products are now available for delivery through Uber Eats in Florida, with plans to expand to all Sprouts locations by year-end. The service offers over 15,000 products, including organic and specialty items. The partnership aims to increase accessibility to Sprouts' healthy offerings. SFM shares closed slightly lower on Friday.

Portfolio Pulse from Shivani Kumaresan

December 11, 2023 | 12:46 pm

TCRX

TScan Therapeutics, Inc. (NASDAQ:TCRX) presented initial Phase 1 clinical trial results for TSC-100 and TSC-101 at the ASH Annual Meeting. The treatments are being evaluated for their effectiveness in preventing relapse following hematopoietic cell transplantation in patients with various forms of leukemia. The data showed no relapses in treatment-arm patients, complete elimination of target cells, and no dose limiting toxicities. TScan will host a virtual KOL event to discuss the data.

Portfolio Pulse from Charles Gross

December 11, 2023 | 12:39 pm

META

Meta Platforms Inc. (NASDAQ:META) has launched a new tagging feature in its Threads app to improve user experience and reduce spam. The feature, which allows users to tag topics in posts, was successfully trialed in Australia and is now rolling out globally. Unlike traditional hashtags, Threads' tags appear as blue text and can include spaces and special characters. The app limits users to one tag per post to minimize spam and focuses on community building over 'engagement hacking'. Threads has seen a significant increase in downloads, surpassing X (formerly Twitter), with 41 million new downloads since September.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 12:37 pm

NVDA

QCOM

QRVO

SWKS

Huawei Technologies Co. has made significant strides in self-reliance on 5G technology with its Mate 60 Pro smartphone, which now uses radio-frequency chips from domestic suppliers instead of U.S. companies like Skyworks Solutions Inc. (SWKS) and Qorvo Inc. (QRVO). This development is part of China's broader strategy to create an independent chip ecosystem, with Huawei leading the charge as a chip designer and supporter of smaller firms in the supply chain. The move reduces Huawei's reliance on U.S. suppliers such as Qualcomm Inc. (QCOM), and positions Huawei as a strong competitor in the AI chip market, as acknowledged by NVIDIA Corp. (NVDA) CEO Jensen Huang.

Portfolio Pulse from Ananya Gairola

December 11, 2023 | 12:34 pm

ALZN

Alzamend Neuro has received a 'Study May Proceed' notification from the FDA for a Phase IIA clinical trial of its lithium therapeutics drug candidate, AL001, aimed at treating patients with Post Traumatic Stress Disorder (PTSD).

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:30 pm

APLS

Apellis Pharmaceuticals presented new data at the ASH Annual Meeting showing that its drug EMPAVELI (Pegcetacoplan) provided long-term control of Paroxysmal Nocturnal Hemoglobinuria (PNH).

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:10 pm

KXIN

Kaixin Auto has founded an AI Automotive Research Institute, appointing Senior VP Lei Gu as the Dean. The institute aims to shape and integrate the company's AI development strategy. Kaixin is seeking partnerships with top AI firms to develop intelligent automotive products and services.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:07 pm

AAPL

SSNLF

Samsung (OTC:SSNLF) is reorganizing its display unit to concentrate on foldable screens and extended reality microdisplays, aiming to lead in these technologies. The move is a response to competition from Oppo and OnePlus in the foldable phone market and to prepare for Apple's (NASDAQ:AAPL) entry into foldable Macs and iPads, as well as the anticipated release of Apple's Vision Pro headset. Samsung plans to make foldables mainstream and secure differentiated technologies, with results expected to show by the Galaxy Z Fold 6 release.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 12:05 pm

TNXP

Tonix Pharmaceuticals is scheduled to present at The National Academies Committee meeting on the current state of research, development, and stockpiling of smallpox medical countermeasures. This presentation could provide insights into the company's involvement in smallpox countermeasures and potentially affect its visibility and credibility in the biopharmaceutical sector.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 12:04 pm