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MSFT

The global Artificial Intelligence (AI) market is expected to grow from $387 billion in 2022 to $1.39 trillion by 2029. Microsoft Corp. has invested $10 billion for a 49% stake in ChatGPT, indicating the potential of AI across various industries, including the cannabis industry. AI can help in precision cultivation, tailored consumer experience, enhanced quality control, and building a robust digital footprint in the cannabis industry. However, challenges such as data privacy, regulatory hurdles, and high initial investment could pose difficulties.

Portfolio Pulse from Joana Scopel

September 13, 2023 | 5:10 pm

AAPL

Apple Inc has increased the prices of its latest iPhone 15 range in key markets like China and India, despite local manufacturing and assembly. The price hikes are partly due to the depreciation of the local currencies against the U.S. dollar and higher import taxes. However, these increases primarily affect the more expensive models and may not significantly impact consumer sentiment among premium smartphone buyers. Apple's shares traded lower by 0.39% at $175.61 on the last check Wednesday.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 5:10 pm

AMC

AMC Entertainment Holdings Inc's shares are trading higher by 9.2% after recent weakness. The company last week entered into an equity distribution agreement for up to 40 million shares at an at-the-market program. The purpose is to strengthen the company's financial stability, repay debts, and support general corporate operations. AMC Theatres also announced the showcasing of the TAYLOR SWIFT | THE ERAS TOUR concert film starting October 13. Despite these developments, AMC shares are lower by 90% over the trailing year.

Portfolio Pulse from Henry Khederian

September 13, 2023 | 5:06 pm

BMWYY

F

GM

HMC

TM

Ford Motor, Honda Motor, and BMW have agreed to form a new vehicle-to-grid company, ChargeScape, to help EV owners save money by sending energy back to the grid. Ford also revealed its 2024 F-150 lineup, showing a shift towards hybrid technology in response to lagging EV sales. Ford plans to double production of hybrid F-150 pickup trucks next year, equipping 20% of its best-selling model-line with gas-electric powertrains.

Portfolio Pulse from Upwallstreet

September 13, 2023 | 5:05 pm

AMD

INTC

MSFT

NVDA

Nvidia Corporation has released an update to enhance the performance of Microsoft Corporation's 'Starfield' on RTX 30 and 40-series graphics cards. The update is expected to provide an average performance increase of 5% on GeForce RTX 40 Series desktop GPUs. However, Bethesda's latest release does not support Nvidia's DLSS technology and officially supports Advanced Micro Devices, Inc.'s FidelityFX Super Resolution while excluding Intel Corporation's Xe Super Sampling.

Portfolio Pulse from Franca Quarneti

September 13, 2023 | 5:04 pm

KO

Coca-Cola Co (NYSE:KO) has launched a new flavor for its limited-edition beverage line, 'Coca-Cola Y3000', which was created in part by artificial intelligence (AI) for flavor determination and package design. The company used AI to discern suitable flavor pairings and to influence the packaging's aesthetic. This is the first consumer-facing AI product from Coca-Cola, but the company has previously partnered with OpenAI to leverage AI tools for refining their brand and consumer experience.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 4:58 pm

MSFT

Microsoft has confirmed that the issues affecting its Teams software have been resolved.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 4:46 pm

ASTI

Ascent Solar Technologies announced an increase in cell production efficiency, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 4:43 pm

MRK

MRNA

MYNZ

PFE

Mainz Biomed N.V. (NASDAQ:MYNZ) reported positive study findings for its mRNA markers that could potentially prevent and diagnose colorectal cancer early. The study found a sensitivity of 94% for colorectal cancer and 81% for advanced adenoma. Meanwhile, Moderna Inc (NASDAQ:MRNA) and Merck & Co Inc (NYSE:MRK) are pursuing their mRNA cancer treatment vaccine, which has shown to lower the risk of death or recurrence in serious skin cancer patients by 44%. Pfizer Inc (NYSE:PFE) is also working on cancer treatments, but progress has been slower compared to its COVID-19 efforts.

Portfolio Pulse from Upwallstreet

September 13, 2023 | 4:31 pm

WMT

Walmart Inc. (NYSE:WMT) is expanding its online pickup and delivery services, extending its Express Delivery service until 10 p.m. for orders placed by 9:30 p.m. However, the company is facing a lawsuit from the U.S. Equal Employment Opportunity Commission (EEOC) for alleged ADA violations at its Olathe, Kansas store. This is the third such lawsuit this year. Additionally, Walmart expressed caution about consumer spending in the latter half of the year due to economic pressures such as the restart of student loans, rising gas prices, and high interest rates.

Portfolio Pulse from Mohit Manghnani

September 13, 2023 | 4:21 pm