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NOW

Deloitte and ServiceNow (NYSE:NOW) have expanded their alliance to integrate Now Assist generative AI capabilities with next-generation managed services. The alliance aims to provide end-to-end managed services, known as Operate services, leveraging Deloitte's domain and industry experience with ServiceNow's generative AI-enabled enterprise platform. Deloitte will use ServiceNow's platform to scale their client Operate services globally. The move is expected to help organizations boost efficiencies across their businesses through evolving generative AI technology.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:57 pm

NOW

ServiceNow (NYSE:NOW) and ANSR have announced a strategic partnership to establish ServiceNow Centers of Excellence in more than 60 Global Capability Centers (GCCs) to train 3,500 individuals across India. The partnership is part of the ServiceNow Ecosystem Ventures program, which aims to accelerate partner growth in key global markets. ANSR will also use ServiceNow for its own internal GCC service delivery, including Now Assist generative AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:56 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) has received authorization from the Federal Aviation Administration (FAA) to resume Electron launches after an in-flight anomaly on September 19th. The FAA confirmed that Rocket Lab's launch license remains active. The company is finalizing a review into the anomaly's root cause and expects to complete it in the coming weeks. Rocket Lab anticipates a return to flight later this quarter with corrective measures in place.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:46 pm

UG

United-Guardian has informed the U.S. FDA of a potential supply shortage of Renacidin Irrigation.

Portfolio Pulse from Charles Gross

October 25, 2023 | 8:29 pm

META

Meta Platforms Inc. expects its Reality Labs operating losses to increase significantly year-over-year due to ongoing product development in Augmented Reality/Virtual Reality (AR/VR) and investments to further scale its ecosystem.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:24 pm

BLK

Monique Le, a key figure at BlackRock (NYSE:BLK), will be a panelist at Benzinga's Fintech Deal Day & Awards event. She has been with BlackRock since 2009 and currently manages strategic partnerships and digital investment platforms. Recently, BlackRock launched target-date ETFs aimed at self-directed retirement savers. The company manages over $3 trillion in assets under management in ETFs globally.

Portfolio Pulse from Khyathi Dalal

October 25, 2023 | 8:07 pm

FLR

Fluor Corporation (NYSE:FLR) has been selected by Altris AB to provide front-end engineering and design (FEED) services for the world's first industrial-scale sodium-ion battery production facility in Sweden. The contract value was recognized in Q3 2023. The project will be managed from Fluor's England office and is scheduled for completion in early 2024.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:03 pm

MDNA

Medicenna Therapeutics has dosed the first patient in the Phase 2 monotherapy dose expansion portion of the ABILITY study evaluating MDNA11 in select types of solid tumors. The company expects to report initial results from both the monotherapy and combination arms of the Phase 2 dose expansion study in H1 2024. The combination arm of the trial evaluating MDNA11 with pembrolizumab is expected to commence by the end of this year.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 7:56 pm

SAVA

Cassava Sciences, Inc. (NASDAQ:SAVA) shares surged after the company announced that MRI data suggested its drug simufilam is not associated with amyloid-related imaging abnormalities (ARIA), a known risk factor for Alzheimer's patients. The stock experienced above-average trading volume of 3.73 million shares compared to its average volume of 1.07 million. Shares of SAVA were up 24.5% at $18.39 at the time of publication.

Portfolio Pulse from Ryan Gustafson

October 25, 2023 | 7:43 pm

ASML

China's Semiconductor Manufacturing International Corp (SMIC) has reportedly used equipment from ASML Holding NV to produce an advanced processor for a Chinese smartphone. This has raised concerns in the U.S. as it suggests China might be circumventing export restrictions to advance its chipmaking capabilities. The U.S. sanctions affect ASML shipments to six fabs in China, including one SMIC facility. Recent moves by the U.S. administration have further tightened export controls, impacting ASML's sales in China.

Portfolio Pulse from Anusuya Lahiri

October 25, 2023 | 7:38 pm