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ACI

Albertsons Companies (ACI) has expanded its use of the Afresh AI-powered store ordering and inventory platform to include its meat and seafood departments across the entire chain. This follows a successful implementation in the produce department, aiming to improve in-stock rates and cater to local consumer preferences.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:13 pm

FSR

Fisker Inc. will showcase the production-intent Fisker PEAR and the prototype of the Fisker Alaska pickup truck at its Flagship Grove Lounge in Los Angeles from Nov. 18 to Nov. 26. The PEAR, an innovative crossover with a starting price of $29,900 before incentives, will feature a new see-through A-pillar and a Cockpit Compute system. The Alaska, aimed to be the world's most sustainable pickup truck, is expected to start at $45,400 before incentives.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:12 pm

WMT

During a conference call, Walmart indicated that it is too early to determine the impact of GLP-1 class drugs on its customers and business.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:09 pm

IFF

IFF, SleepScore Labs, and Mattress Firm have collaborated to create Sleepy's Scented Pillow Inserts, a new product designed to enhance sleep quality. This non-invasive solution is now available for consumers to purchase.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:07 pm

MULN

Mullen Automotive Inc. has announced that Randy Marion Automotive Group has obtained a North Carolina license to retail Mullen electric vehicles. This development is part of Mullen's expansion strategy to establish a retail network for its electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:06 pm

HALO

Halozyme Therapeutics, Inc. announced that argenx has received approval from the European Commission for VYVGART SC, a subcutaneous treatment for Generalized Myasthenia Gravis, which uses Halozyme's ENHANZE drug delivery technology.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 2:05 pm

MSFT

TSM

TSMC, a leading semiconductor manufacturer, has reportedly received orders for AI chips from major cloud service providers, including an order for 5nm chips from Microsoft. This information comes from industry sources and highlights TSMC's role in the supply chain for advanced technology components.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:59 pm

BLK

BlackRock (NYSE:BLK) has filed an S-1 form with the SEC to launch a spot Ether ETF, leading to a 2% surge in Ether's price. The firm also registered 'iShares Ethereum Trust' in Delaware, indicating a growing focus on cryptocurrency. BlackRock's move could increase mainstream adoption and market stability for cryptocurrencies, as it follows a trend of positive market reactions to ETF-related news and a shift in CEO Larry Fink's stance from skepticism to support.

Portfolio Pulse from Murtuza Merchant

November 16, 2023 | 1:50 pm

HYMTF

Hyundai Motor Company (OTC:HYMTF) unveiled the IONIQ 5 N, its first N brand electric performance vehicle, to North American media ahead of AutoMobility LA. The IONIQ 5 N, which will be available in March 2024, is based on the Electrified-Global Modular Platform and incorporates N motorsport technologies. It boasts 641 horsepower with a new 84 kWh battery. Hyundai's stock (HYMTF) closed 3.95% higher at $39.89 following the announcement.

Portfolio Pulse from Shivani Kumaresan

November 16, 2023 | 1:48 pm

BCAN

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has submitted a plan for developing CRM software with AI for the medical cannabis industry, with a budget of $1.5M and a potential grant of $0.75M from Israel's Innovation Authority. The Israeli Finance Ministry has increased the high-tech sector fund to $100M to support startups during wartime challenges. The high-tech sector is vital to Israel's economy, contributing 18% to the GDP and 50% to foreign exports. The grant decision is pending, and there is no assurance of its full amount being awarded.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:47 pm