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AMZN

Amazon is beta testing AI image generation tools for its advertisers, designed to enhance the visual appeal of product ads. The company claims that placing products in a lifestyle scene can lead to 40% higher click-through rates. The tool is easy to use and requires no technical expertise. Amazon CEO, Andy Jassy, has stated that generative AI is a significant focus for the company.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:34 pm

ETHUSD

MATICUSD

USDCUSD

The article reviews the progress of five crypto companies that received significant funding in 2022: Yuga Labs, ConsenSys, Polygon, Circle, and Animoca Brands. Yuga Labs has expanded into NFT collaborations and decentralized applications. ConsenSys has played a crucial role in Ethereum's transition to its 2.0 version. Polygon is working towards a connected crypto world. Circle's USDC coin has seen exponential adoption in 2023. Animoca Brands has positioned itself as a leader in the NFT and blockchain gaming space.

Portfolio Pulse from Murtuza Merchant

October 25, 2023 | 2:28 pm

ETHUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is partnering with UGC creator platform, RSTLSS, to leverage the Shibarium blockchain for creating digital and physical wearables. The partnership will enhance RSTLSS's digital fashion universe and facilitate the creation of real-world apparel inspired by metaverse concepts. RSTLSS has previously collaborated with industry leaders like Ubisoft, Epic, and Roblox. The Shibarium blockchain, built on Ethereum (CRYPTO: ETH), adopts an eco-conscious, community-driven Proof of Stake (POS) consensus approach.

Portfolio Pulse from Murtuza Merchant

October 25, 2023 | 2:22 pm

HSY

Consumer Reports has urged Hershey's to remove heavy metals from its chocolate products. The advocacy group has raised concerns about the potential health risks associated with these substances.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:14 pm

AAPL

Apple has announced price increases for its services including Apple TV+, Apple Arcade, and Apple News+. The impact on Apple's revenue and customer base is yet to be seen.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:10 pm

ASML

A controversial chip found in Huawei phones was produced using a machine manufactured by ASML, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:40 pm

AAPL

AMZN

Apple's latest smartwatch, the Apple Watch Series 8, is currently available at a discounted price of $320 on Amazon. The watch features upgrades over its predecessor, including a low-power mode that extends battery life to 36 hours, crash and fall detection features, advanced health features, and a skin temperature sensor.

Portfolio Pulse from Rounak Jain

October 25, 2023 | 1:39 pm

AES

BLNK

Blink Charging and AES have launched a new charging station at Texaco Juan Pablo, El Salvador. AES El Salvador also announced plans to install nine additional Blink Charging stations by the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:38 pm

AMZN

SONY

SPOT

TCEHY

Spotify Technology S.A. (NYSE:SPOT) reported a surprise quarterly profit, its first in 18 months, and is expanding its business into audio books and podcasts, challenging Amazon.com Inc (NASDAQ:AMZN). Spotify shares closed 10% up on Tuesday. The company is also expecting quarterly profits to continue throughout the upcoming year. Sony Group Corporation (NYSE:SONY) and Tencent Holdings Limited (OTC:TCEHY) are part-owners of Spotify.

Portfolio Pulse from Upwallstreet

October 25, 2023 | 1:31 pm

ABAT

American Battery Technology Company (ABTC) (NASDAQ:ABAT) is advancing its commercial-scale hydrometallurgical battery recycling facility in Nevada. The facility, which has been designated as a regional 'innovation and technology hub' by the Biden Administration, has the capacity to process over 20,000 metric tonnes per year of battery feedstock materials. Strategic partnerships have been announced with BASF, Nanotech, and FedEx for sourcing and off-take of recycled products. The company's operations and commercial scale-up of this recycling facility is further de-risked by having been awarded several competitive grants from the U.S Department of Energy (DOE).

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:19 pm