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WISH

ContextLogic has signed satirical YouTubers Zac Alsop and Grandpa Ray for a fashion category campaign running from March to May 2024. This strategic move aims to leverage their influence to boost the brand's visibility and appeal within the fashion sector.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 9:31 am

MGNI

Magnite (NASDAQ:MGNI) and Mediaocean have announced an exclusive partnership to enhance automation and efficiency in media planning, execution, and reconciliation for streaming TV. This collaboration leverages Magnite's ClearLine solution, allowing Prisma users to directly activate streaming campaigns with premium video sellers. The partnership expands on a 2023 agreement integrating Magnite's streaming inventory into Mediaocean's advertising infrastructure for local TV buyers.

Portfolio Pulse from Charles Gross

March 14, 2024 | 9:25 am

ETHUSD

HAIUSD

Hacken, a blockchain security company, announced the tokenization of its equity, linking it to its native cryptocurrency HAI, causing a 12% surge in HAI's trading volume and pushing its market cap to $57M. Hacken plans to convert 10% of its equity into tokenized shares on the Ethereum blockchain, equivalent to 100 million HAI tokens. Additionally, Hacken intends to burn 87% of the HAI tokens acquired in this process as part of its goal to become a publicly traded entity.

Portfolio Pulse from Mehab Qureshi

March 14, 2024 | 9:12 am

MSFT

OpenAI CTO Mira Murati revealed in an interview that the release of the Sora AI model is delayed due to concerns over its potential misuse for spreading misinformation. Despite its impressive demonstration, OpenAI, backed by Microsoft Corp. (NASDAQ:MSFT), is still refining Sora AI's safety features, including watermarking videos and establishing content provenance. The company is also considering the ethical implications of AI-generated content, such as the generation of videos involving nudity.

Portfolio Pulse from Rounak Jain

March 14, 2024 | 8:41 am

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FSR

GM

MBGAF

TSLA

VWAGY

The electric vehicle (EV) market is experiencing a slowdown, leading major automakers like Ford, General Motors, Mercedes-Benz, Volkswagen, Jaguar Land Rover, and Aston Martin to adjust their strategies towards offering a mix of gas-powered, hybrid, and fully electric vehicles. Despite a record 1.2 million EV sales in the U.S. last year, the growth rate has not met expectations, prompting a more balanced approach to vehicle offerings. Fisker Inc issued a going-concern warning and announced workforce reductions due to financial struggles, while Tesla remains optimistic about its future, supported by its AI and Full Self-Driving technology.

Portfolio Pulse from Benzinga Neuro

March 14, 2024 | 8:38 am

ALGT

Allegiant Travel has introduced new spring inflight menu options, featuring both familiar favorites and brand-new offerings, aimed at enhancing the travel experience for its passengers.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:13 am

ORCL

Oracle has introduced new AI capabilities in its Oracle Fusion Data Intelligence, aimed at enhancing decision making for Oracle Fusion Cloud Applications customers by integrating data-driven insights with intelligent actions.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:10 am

MSFT

ORCL

Microsoft and Oracle have announced an expansion of their collaboration to address the increasing global demand for Oracle Database services on Microsoft Azure. This partnership aims to enhance the integration and efficiency of Oracle's database solutions within the Azure cloud platform, providing customers with improved performance, scalability, and security.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:09 am

ORCL

Oracle has introduced new generative AI capabilities in its Oracle Fusion Cloud Applications Suite, aimed at enhancing decision-making and improving the employee and customer experience.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:08 am

ORCL

Oracle has introduced Oracle Smart Operations, a new set of supply chain execution capabilities within its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) platform. This enhancement aims to improve supply chain efficiency and performance for its users.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:07 am