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PLTR

Shares of Palantir Technologies Inc (NYSE:PLTR) are trading higher amid conflict in the Middle East. The company provides software for security and surveillance purposes, and in a conflict situation, there might be a heightened focus on monitoring and analyzing data related to security threats, which could lead to increased demand for Palantir's products. Palantir also has contracts with various government agencies and defense organizations around the world, which may have an increased need for Palantir's software in times of conflict.

Portfolio Pulse from Henry Khederian

October 09, 2023 | 3:00 pm

AMZN

Amazon's voice assistant, Alexa, has been found to be spreading false information about the 2020 U.S. presidential election. The company has rectified the misinformation, but the incident highlights the potential risks associated with AI and voice assistants in spreading misinformation. This comes as the role of AI and voice assistants in information dissemination is under scrutiny ahead of the 2024 elections.

Portfolio Pulse from Anusuya Lahiri

October 09, 2023 | 2:57 pm

AMC

AMZN

Amazon continues to secure rights to broadcast NFL games for the 2023 season, including the first-ever Black Friday NFL game. The company has unveiled its first slate of advertising partners for the games, including Columbia Sportswear, Bose, and Carnival Cruises. Amazon's NFL games have reported record viewership, with the first Thursday Night Football game of the season attracting 15.05 million viewers. The company's NFL broadcasts are also attracting younger viewers, with the median age of viewers being 47. Amazon's shares are down 2% to $125.96.

Portfolio Pulse from Chris Katje

October 09, 2023 | 2:54 pm

AAOI

Applied Optoelectronics Inc. has teased a major announcement on their Twitter account, hinting at a new product or service that allows for remote and proactive management of system amplifiers.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:51 pm

HYMTF

STLA

VLVLY

WKSP

UAW workers at Volvo Group-owned Mack Trucks have joined the strike against General Motors, Ford, and Stellantis, which has already cost GM $200 million in Q3. The strike has impacted the production of small and midsize pickups, as well as SUVs. However, GM has agreed to include battery cell workers under the company’s national agreement, which could put pressure on Ford and Stellantis. Meanwhile, Worksport Ltd has signed a long-term supply agreement for its hard-folding and soft-folding covers, potentially bringing in $16 million in annual revenue. Hyundai Motor Company will be getting a customized version of Worksport's solar-powered accessories.

Portfolio Pulse from Upwallstreet

October 09, 2023 | 2:40 pm

BTCUSD

ETHUSD

MATICUSD

SOLUSD

Bitcoin inscriptions, a new way to store data on the Bitcoin blockchain, have surpassed 35 million since January. These digital artifacts can be anything from text files, images, and audio to videos. The majority of Bitcoin inscriptions are text files, accounting for approximately 95% of all inscriptions. In the first 200 days since the first inscription on Bitcoin, a total of 1.14 million image-based inscriptions have been created, surpassing the number of non-fungible tokens (NFTs) minted on other blockchains, such as Ethereum, Solana, and Polygon. Bitcoin has accumulated the third-highest NFT trading volume by the network at $596.4 million.

Portfolio Pulse from Murtuza Merchant

October 09, 2023 | 2:14 pm

CRLBF

Cresco Labs Inc. is launching its Good News sublingual cannabis brand in Pennsylvania. The first product, Sweet Troches, comes in six flavors with 10mg THC and is available at all Sunnyside locations and other dispensaries in PA. This follows the opening of Cresco's new store in Altoona, PA. Cresco’s shares traded 3.4884% lower at $1.66 per share after the market close on Friday.

Portfolio Pulse from Jelena Martinovic

October 09, 2023 | 1:48 pm

CLB

HAL

Halliburton Company (HAL) and Core Laboratories Inc. (CLB) have announced a strategic alliance to expedite the delivery of comprehensive digital rock data solutions in the U.S. The collaboration aims to reduce delivery time from months to weeks, offering insights even as full petrophysical laboratory measurements are underway. In 2023, Halliburton joined Core's consortium to expedite CO2 trapping analysis, meeting the EPA's strict deadlines for carbon storage projects.

Portfolio Pulse from Akanksha Bakshi

October 09, 2023 | 1:46 pm

PRZO

ParaZero Technologies has received approval from an Australian regulator for the first commercial drone flights in populated areas and near people using ParaZero safety systems. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 1:34 pm

ANAB

AnaptysBio Inc (NASDAQ:ANAB) has released positive topline results from its global Phase 3 GEMINI-1 trial of imsidolimab in patients with generalized pustular psoriasis (GPP) flares. The drug met its primary endpoint, achieving rapid clearance of pustulation, erythema, and scaling through Week 4 after a single dose. The data also showed a favorable safety and tolerability profile. The company plans to present comprehensive data from GEMINI-1 and topline GEMINI-2 results at a medical meeting in H2 2024 and anticipates filing a biologics license application with the FDA by Q3 2024. ANAB shares are up 16.9% at $22.50 during the premarket session on the last check Monday.

Portfolio Pulse from Vandana Singh

October 09, 2023 | 1:26 pm