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ABNB

Airbnb, Inc. (NASDAQ:ABNB) announced a global ban on indoor security cameras in listings to prioritize customer privacy. The updated policy also includes stricter guidelines for outdoor cameras and devices like noise monitors, while allowing doorbell cameras and noise decibel monitors. The policy change, effective April 30, aims to provide clearer rules for the Airbnb community. The company has seen a 40% share price increase over the past year and reported strong financial results for the fourth quarter, including $63 million in net cash from operating activities. Airbnb also initiated a $6 billion share repurchase program and forecasts first-quarter revenue between $2.03 billion and $2.07 billion, with expectations of a higher take rate and moderate nights booked growth.

Portfolio Pulse from Nabaparna Bhattacharya

March 12, 2024 | 9:47 am

ACAD

AEVA

ASAN

OCUL

ACADIA Pharmaceuticals' shares fell sharply in pre-market trading after its Phase 3 trial for schizophrenia treatment failed to meet the primary endpoint. Other stocks like Ocular Therapeutix, Aeva Technologies, and Asana also saw declines due to various reasons including poor financial results and reverse stock split announcements.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 9:36 am

NAAS

NaaS Technology (NASDAQ:NAAS) has formed a strategic partnership with China Construction Third Engineering Bureau (CCTEB) to accelerate the digitalization and expansion of the EV charging infrastructure network in China. The collaboration aims to integrate NaaS' digital operation expertise with CCTEB's construction capabilities, focusing on projects related to PV-charging-storage integration and energy ports. Financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:11 am

GOOG

MSFT

The ongoing feud between Mark Cuban and Elon Musk extends to AI bias discussions, with Musk criticizing AI models like OpenAI's GPT-4 and Google's Gemini for bias, while Cuban argues that no AI can be bias-free and market preferences will dictate AI development. Musk has also been promoting his own AI, xAI's Grok, as unbiased. The debate includes concerns over AI content moderation filters and calls for open-sourcing AI technologies.

Portfolio Pulse from Rounak Jain

March 12, 2024 | 9:10 am

HII

HII (NYSE:HII) unveiled the REMUS 130, a new unmanned underwater vehicle (UUV), at the Oceanology International 2024 conference. The REMUS 130, a third-generation model of the REMUS 100 series, offers enhanced underwater operational capabilities with features like a compact design, effortless payload integration, operational depths of up to 100 meters, and an extended battery life of up to 10 hours.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:01 am

DOGEUSD

SHIBUSD

'BONK Killer' Milli has surged 20% in the last 24 hours, outperforming Dogecoin and Shiba Inu. The surge is attributed to its recent listing on CoinMarketCap, with Milli experiencing 1,915 transactions and a volume of $463.95K in the last day. Milli aims for a $15M market cap, currently valued at $5.9M.

Portfolio Pulse from Mehab Qureshi

March 12, 2024 | 8:40 am

META

Meta Platforms Inc. CEO Mark Zuckerberg showcased the capabilities of Meta's Ray-Ban Smart Glasses in a series of videos. He demonstrated various features such as asking the AI for historical information, making humorous requests, and identifying objects. The glasses, released in September last year, are equipped with Meta AI and offer functionalities like taking calls, playing music, live streaming, and searching for objects. They are aimed at replacing headphones with a personal audio system and focus on camera functionality.

Portfolio Pulse from Ananya Gairola

March 12, 2024 | 8:04 am

CALT

Calliditas Therapeutics (CALT) announced that the U.S. FDA has granted a seven-year orphan drug exclusivity for Nefecon, expiring in December 2030, for a new indication to reduce kidney function loss in adults with primary IgAN.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 7:15 am

RHHBY

Roche has launched navify Analytics and navify Monitoring as part of its navify operational excellence solutions aimed at laboratories and point of care services. These tools are designed to provide operational insights to lab managers and point of care coordinators, helping to manage workflows more efficiently, reduce costs, and improve productivity. The combination of navify Analytics and navify Monitoring allows laboratories to operate more efficiently, maintain quality, and improve test turnaround times.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 7:11 am

IBIT

Bitcoin's volatility has increased despite the introduction of ETFs, contrary to expectations of market stabilization. The volatility is attributed to leveraged trading and the anticipation of the Bitcoin halving event. Analysts predict that volatility will decrease as funding rates normalize, but caution about potential steep corrections. BlackRock's iShares Bitcoin ETF (IBIT) has significantly impacted the market by amassing a large Bitcoin holding, surpassing MicroStrategy's holdings.

Portfolio Pulse from Benzinga Neuro

March 12, 2024 | 7:04 am