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Seekr and Intel have announced a collaboration to accelerate the deployment of foundation models for enterprise customers, focusing on reducing error and bias through the combination of compute and responsible AI.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:07 pm

AMD

AMD has announced the expansion of its commercial mobile and desktop AI PC portfolio with the introduction of the AMD Ryzen PRO 8040 Series and AMD Ryzen PRO 8000 Series. These new processors are positioned as the most advanced x86 processors for AI PCs, targeting the business sector.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:04 pm

DOGEUSD

SHIBUSD

TradeTheFlow, a crypto and macro researcher, has presented a thesis on the rise of meme coins, suggesting they are becoming a new asset class within crypto. This thesis categorizes meme coins into Original (OG) memes like Dogecoin (DOGE) and Shiba Inu (SHIB), Solana memes, and Base memes. The researcher argues that the popularity of meme coins is driven by societal shifts towards high-risk investments and a rebellion against traditional financial systems.

Portfolio Pulse from Khyathi Dalal

April 16, 2024 | 1:04 pm

ENVX

Enovix shares are trading higher following the completion of Factory Acceptance Testing for its Gen2 Agility Line, indicating progress in its manufacturing capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:03 pm

PUBM

PubMatic has announced a partnership with GroupM to provide AI-generated cohort modeling capabilities for advertisers, enhancing targeted advertising without compromising user privacy.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:02 pm

AMIX

Autonomix has been granted a U.S. patent for its catheter-based technology aimed at treating cancer-related pain. This technology, part of a portfolio with over 100 issued and pending patents, targets a $100 billion market opportunity. It represents a potential breakthrough by combining the detection of problematic neural signals and nerve ablation into a single procedure, which could significantly impact pain management and other medical indications.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:01 pm

AMZN

Amazon Music introduces Maestro, an AI-powered playlist generator, now in beta for select U.S. customers across all Amazon Music tiers on iOS and Android. This new feature aims to enhance user experience by simplifying playlist creation.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:57 pm

AMZN

META

UBER

JPMorgan analyst Doug Anmuth remains bullish on the Internet sector, highlighting Amazon (AMZN), Meta (META), and Uber (UBER) as top picks ahead of Q1 2024 earnings. Amazon is praised for its growth prospects, especially in AWS and free cash flow. Meta is noted for its advertising strength and AI capabilities, with potential for revenue growth. Uber is recognized for its demand resilience and profitability outlook. The integration of AI and strategic initiatives across these companies underscores their potential for future growth.

Portfolio Pulse from Surbhi Jain

April 16, 2024 | 12:56 pm

ITCI

Intra-Cellular shares surged following the announcement that Lumateperone 42 mg, as an adjunctive therapy to antidepressants, successfully met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:56 pm

AZN

AstraZeneca Plc (NASDAQ:AZN) released updated results from the TOPAZ-1 Phase 3 trial of Imfinzi in combination with chemotherapy for advanced biliary tract cancer, showing significant survival benefits at three years. The data revealed a 26% reduction in the risk of death and more than double the survival rate at three years compared to chemotherapy alone. The trial met its primary endpoint of overall survival in October 2021.

Portfolio Pulse from Vandana Singh

April 16, 2024 | 12:53 pm