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Marc Andreessen criticized AI chatbots for 'draconian censorship and bias', highlighting issues with Alphabet Inc.'s Google Gemini. Elon Musk responded, promising his Grok AI will prioritize truth. The debate underscores concerns over AI censorship and bias, with specific examples of Gemini's refusal to generate certain images.

Portfolio Pulse from Rounak Jain

February 21, 2024 | 10:29 am

NVDA

QQQ

SOXX

SPY

Nvidia Corp. (NASDAQ:NVDA) is set to report its fiscal fourth-quarter earnings, with high expectations from Wall Street for strong performance, particularly in AI and Data Center revenues. Analysts predict a significant year-over-year and quarter-over-quarter growth, with a focus on Nvidia's role as a leader in the AI revolution. The company's stock has seen a substantial increase, outperforming major ETFs. Analysts from Morgan Stanley and Rosenblatt anticipate a strong quarter, driven by product cycles and AI applications.

Portfolio Pulse from Shanthi Rexaline

February 21, 2024 | 9:30 am

RIVN

Rivian CEO RJ Scaringe has identified $48,000 as the target price for the upcoming R2 SUV, aiming to hit a 'sweet spot' in the EV market. The R2, smaller and cheaper than Rivian's R1S, is set to be unveiled in March 2023 and enter production in 2026. It's designed to compete with Tesla's Model Y and to be eligible for the $7,500 federal EV tax credit, unlike Rivian's R1 models which only qualify for a $3,750 credit. This pricing strategy positions the R2 in a competitive segment against Tesla's lower-end EVs.

Portfolio Pulse from Anan Ashraf

February 21, 2024 | 9:18 am

MTCH

Tinder, owned by Match Group (NASDAQ:MTCH), is enhancing its verification process in the U.S., U.K., Brazil, and Mexico to combat catfishing. The new process requires users to submit a video selfie and a photo ID to earn verification badges. This move is part of Tinder's efforts to improve user safety and trust, amidst the online dating industry's revenue surge and the rise in scams and fake accounts facilitated by AI.

Portfolio Pulse from Benzinga Neuro

February 21, 2024 | 8:52 am

CSCO

Cisco and Qwilt have announced a strategic partnership with Turkcell, Turkiye's leading digital operator, to improve digital content delivery and streaming experiences for Turkcell's 38.2 million mobile and 3.1 million fixed broadband customers. This collaboration aims to meet the increasing data demands efficiently.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:05 am

PUBM

PubMatic (NASDAQ:PUBM), a digital advertising technology company, has announced a partnership with Vevo, the world's leading music video network. This collaboration aims to accelerate programmatic CTV growth for Vevo, enabling advertisers to achieve scaled reach across Vevo's premium content library.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:04 am

RTX

Malaysia Airlines Berhad has entered into an agreement with Collins Aerospace, a business unit of RTX (NYSE:RTX), for avionics hardware and support for its 737-8 fleet. The deal was signed at the 2024 Singapore Air Show.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:02 am

NXT

Nextracker has been chosen by ACWA Power and Larsen & Toubro to supply its NX Horizon-XTR™ trackers for a 1.17 GW solar power plant at Al Kahfah. This collaboration highlights Nextracker's role in large-scale renewable energy projects.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:51 am

GD

General Dynamics European Land Systems - Steyr has secured a $1.3 billion contract to manufacture 225 PANDUR EVO wheeled armored vehicles for Austria. This significant contract highlights General Dynamics' strength in the defense sector and its ability to secure large-scale international contracts.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:29 am

NVDA

Tom Lee of Fundstrat Global Advisors highlighted the significance of Nvidia's upcoming earnings report as a key indicator of market strength and potential insight into enterprise spending trends in AI. Despite predictions of significant Q4 earnings for Nvidia, there's uncertainty about the stock's reaction post-earnings, with possibilities of a sell-off or a pullback. The report is also seen as a crucial piece in understanding AI monetization acceleration, following trends from other tech giants.

Portfolio Pulse from Benzinga Neuro

February 21, 2024 | 7:25 am