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LLAP

Terran Orbital announced the successful deployment of its Tyvak International Centauri-6 satellite into orbit. This marks a significant achievement for the company, showcasing its capabilities in satellite technology and deployment.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:31 am

SCKT

Socket Mobile has introduced SocketCam C860, the latest addition to its SocketCam product line, designed to transform mobile devices into powerful scanning solutions. This new version is specifically engineered to read damaged and hard-to-read barcodes under various conditions.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:07 am

TGT

Target has announced an exclusive partnership with the tennis brand Prince to launch a pickleball collection. This collaboration aims to capitalize on the growing popularity of pickleball, offering a range of products designed for the sport. The collection will be available exclusively at Target stores and on their website, potentially attracting a new customer base and enhancing Target's reputation in the sports and leisure market.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:05 am

DKS

DICK'S Sporting Goods and SidelineSwap have announced an expansion of their resale partnership into 2024, aiming to enhance their offerings in the sports equipment resale market. This move is expected to broaden DICK'S Sporting Goods' customer base and strengthen its position in the growing resale market.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:04 am

WFC

TradeSun, a company specializing in trade finance and compliance digitization solutions, has signed an agreement with Wells Fargo (WFC) to implement its technology. This partnership aims to enhance the efficiency and security of Wells Fargo's trade finance operations.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:03 am

MSFT

Microsoft Corp. has invested $1.5 billion in UAE's leading AI firm G42, securing a board seat and indicating a strategic pivot towards reducing G42's presence in China. The deal includes G42's use of Microsoft's Azure cloud for AI applications and plans to establish a $1 billion fund for developers. This investment is part of Microsoft's broader strategy to enhance its AI and cloud capabilities, aligning with predictions of leading in public cloud by 2032 and benefiting from increased IT spending on AI technologies.

Portfolio Pulse from Benzinga Neuro

April 16, 2024 | 9:51 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares are facing a potential third consecutive session decline, premarket trading shows a 1.98% drop to $161.48. This downturn is attributed to concerns over significant layoffs, including high-profile executives, which erased about $30 billion from its market cap. The upcoming Q1 earnings report and rumors of halting a sub-$30,000 electric car project have also contributed to negative sentiment. Additionally, weak insurance registration data in China could further impact Tesla's stock.

Portfolio Pulse from Shanthi Rexaline

April 16, 2024 | 9:23 am

FXI

INTC

SPY

Intel plans to launch two AI chips, HL-328 and HL-388, with reduced capabilities in China to adhere to U.S. export controls. The launches are scheduled for June and September, respectively. This move is in response to the regulations aimed at limiting China's access to advanced computing chips.

Portfolio Pulse from Charles Gross

April 16, 2024 | 9:14 am

JG

Aurora Mobile has launched GPTBots.AI, Asia's first on-premise AI bot platform, marking a significant advancement in the region's AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 9:01 am

EGHT

8x8 has introduced Operator Connect for Microsoft Teams, leveraging its Global Reach network to offer reliable calling and simplify deployment and management for Microsoft Teams Phone customers. This solution aims to enhance admin efficiency.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:06 am