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SONY

Sony Group Corp (NYSE:SONY) hosted a State of Play event on Sept. 14, showcasing upcoming titles for PlayStation 5 and PlayStation 4. Standout games and announcements included Resident Evil 4 VR, Final Fantasy VII Rebirth, and new PS5 plates and controller colors. The event also featured a price hike for PlayStation Plus following a similar increase for Xbox Game Pass.

Portfolio Pulse from Franca Quarneti

September 15, 2023 | 4:09 pm

AMAT

NVDA

TSM

Shares of semiconductor and chip stocks are trading lower due to demand uncertainty. TSMC has reportedly asked its suppliers to delay the delivery of high-end chipmaking equipment.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 4:05 pm

ETHUSD

MATICUSD

Polygon (CRYPTO: MATIC) has proposed three changes for the transition to Polygon 2.0, which includes the creation of a new POL token to replace the current MATIC as the gas and staking tone of the ecosystem. The conversion ratio is set at 1:1 with the new coin maintaining the same tokenomics of an initial supply of 10 billion and an annual issuance of 2% as staking rewards and community treasury. The implementation is set to commence in the fourth quarter of 2023.

Portfolio Pulse from Khyathi Dalal

September 15, 2023 | 3:57 pm

AMD

AMZN

NEGG

NVDA

TSM

AMD's stock is trading lower due to Taiwan Semiconductor Manufacturing Company (TSMC) postponing the delivery of high-end chipmaking equipment. TSMC, a key AMD supplier, delayed production at its Arizona plant to 2025 due to recruitment difficulties and union opposition. This has triggered concerns over a supply crunch in the chipmaking sector. Meanwhile, Nvidia felt the competition as retailers Newegg and Amazon slashed prices of its GPUs as AMD launched its RX 7800 XT. There is also a looming threat from China's Huawei Technologies and SMIC amid efforts to build a domestic chip ecosystem.

Portfolio Pulse from Anusuya Lahiri

September 15, 2023 | 3:45 pm

HOLO

IDAI

MYTE

RCKT

UP

Benzinga's Stock Whisper Index has identified five stocks that warrant attention for the week of Sept. 15, 2023. These include MicroCloud Hologram (NASDAQ:HOLO), Rocket Pharmaceuticals (NASDAQ:RCKT), T Stamp Inc (NASDAQ:IDAI), Wheels Up Experience (NYSE:UP), and MYT Netherlands AD (NYSE:MYTE). The stocks have been highlighted due to various factors such as new product development, FDA alignment, patent acquisition, CEO appointment, and strong financial results.

Portfolio Pulse from Chris Katje

September 15, 2023 | 3:19 pm

KR

Kroger Company (NYSE:KR) is partnering with Performance Kitchen to offer medically tailored meals (MTMs) through its healthcare division. These meals are designed to meet the specific needs of individuals with various health conditions. The meals are frozen, single serve and ready to heat. A study by Tufts University estimated that MTM programs could prevent 1.6 million hospitalizations and save health insurers $13.6 billion in a year.

Portfolio Pulse from Shivani Kumaresan

September 15, 2023 | 3:06 pm

ETRGF

TLRY

Entourage Health Corp. has extended its supply agreement with HEXO Corp., securing ongoing access to high-quality cannabis biomass for its product portfolio. The prices of all products supplied under the agreement are fixed but subject to adjustments depending on production costs. Following HEXO's acquisition by Tilray Brands Inc., Entourage shifted its sourcing strategy, now obtaining cannabis from Tilray cultivation sites. HEXO's obligations under the deal have been assigned to Aphria Inc., Tilray's principal operating entity.

Portfolio Pulse from Jelena Martinovic

September 15, 2023 | 3:00 pm

VFS

Vietnamese electric carmaker Vinfast is recruiting in India, looking to hire managers for sales, aftersales service, and back office, according to a Reuters report citing LinkedIn.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 2:32 pm

META

Meta Platforms Inc's stock has seen a significant surge of 269% from November 2022 to July 2023, largely due to its ambitious AI endeavors, including the development of a chatbot to rival OpenAI's GPT-4. Despite a 15% drop after reaching a peak of $326, the stock has shown resilience, climbing 13% and surpassing the $300 level. If the stock can maintain a close above $326, it could signal a continuation of the upward trend.

Portfolio Pulse from Zaheer Anwari

September 15, 2023 | 2:17 pm

AAPL

Apple Inc's (NASDAQ:AAPL) latest flagship, the iPhone 15 Pro Max, is experiencing delivery delays due to high demand, particularly in China. The delays are affecting all colors and most storage capacities. Despite a starting price of $1,199 and price hikes in key markets like China, Japan, and India, the demand for the device remains robust. The standard iPhone 15 Pro and lower-end models are not experiencing the same level of delays.

Portfolio Pulse from Anusuya Lahiri

September 15, 2023 | 2:14 pm