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BWA

BorgWarner has launched new twin turbochargers for General Motors' Chevrolet Corvette ZR1, enhancing performance with a patented ball bearing system. This development leverages BorgWarner's reputation in the NTT INDYCAR SERIES.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:08 pm

COSM

VRAX

Cosmos Health has entered an exclusivity agreement with Virax Biolabs to distribute Mpox Real-Time PCR Detection Kits in India. This partnership aims to expand the reach of these detection kits in a significant market.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:06 pm

IPWR

Ideal Power Inc (NASDAQ:IPWR) has partnered with Sekorm Advanced Technology to distribute its products in China, targeting the industrial and automotive markets. This agreement is part of Ideal Power's strategy to expand its global reach through partnerships with distributors like Richardson Electronics and RYOSHO USA.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 1:05 pm

QUAD

Quad/Graphics has announced a partnership with Google Cloud to enhance its technological capabilities. This collaboration aims to improve Quad's operational efficiency and customer service through advanced cloud solutions.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:03 pm

RYAM

Rayonier Advanced Materials' joint venture, Altamaha Green Energy, has received a certified purchase power agreement to produce and sell up to 70 MW of electricity to Georgia Power Company.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:00 pm

AMD

AMZN

FTXL

GOOGL

NVDA

SEMI

AMD's CEO Lisa Su predicts a shift in AI chip demand from GPUs to custom chips, highlighting potential benefits in energy efficiency and cost. This could impact companies like Nvidia, Amazon, and Google, who are currently leading in AI chip development.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 12:59 pm

MSFT

TSM

UAE President Sheikh Mohamed bin Zayed al-Nahyan is visiting the US to discuss AI cooperation with President Joe Biden. The UAE aims to secure US support for its AI ambitions, reduce fossil fuel dependence, and establish a framework for AI collaboration. The UAE has partnered with Nvidia and announced a $30 billion AI fund with BlackRock, Global Infrastructure Partners, and Microsoft. Additionally, TSM and Samsung are considering building chip megafactories in the UAE.

Portfolio Pulse from Benzinga Neuro

September 23, 2024 | 12:58 pm

KRON

Kronos Bio presented preclinical data at the AACR Symposium showing the efficacy of Istisociclib in treating advanced ovarian cancer, particularly in models resistant to platinum and PARP inhibitors.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:56 pm

BCDF

IAI

NDAQ

Nasdaq, Inc. (NASDAQ:NDAQ) is expanding its digital banking technology operations in Latin America by supplying Nubank with its AxiomSL regulatory reporting solution. This move strengthens Nasdaq's presence in the region and highlights the growing demand for financial technology solutions. Nasdaq serves over 50 banking clients in Latin America and is focusing on supporting the rapid expansion of digital banking. The company recently unveiled a new leadership structure to support its growth. Investors can gain exposure to Nasdaq through ETFs like BCDF and IAI.

Portfolio Pulse from Lekha Gupta

September 23, 2024 | 12:52 pm

TSLA

GM CEO Mary Barra reaffirms the company's goal to sell only electric light-duty vehicles by 2035, despite a slowdown in EV demand. GM sold 21,930 EVs in Q2, lagging behind Tesla's 164,264 units. GM plans to expand its EV lineup, including the Cadillac Escalade IQ and next-gen Chevrolet Bolt EV.

Portfolio Pulse from Anan Ashraf

September 23, 2024 | 12:51 pm