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NVDA

Reuters reported that Nvidia is establishing a custom design unit to concentrate on AI data center chips and other markets. This unit has engaged in discussions with major cloud computing companies and OpenAI.

Portfolio Pulse from Charles Gross

February 09, 2024 | 12:36 pm

ERIC

NVDA

Nvidia is reportedly in discussions with Ericsson to create a custom chip for wireless infrastructure, according to sources cited by Reuters. This collaboration could enhance Nvidia's presence in the telecommunications sector and leverage Ericsson's expertise in wireless technology.

Portfolio Pulse from Charles Gross

February 09, 2024 | 12:34 pm

DNUT

Krispy Kreme has announced a joint venture with AmPm Comestíveis to expand into the Brazilian market. This partnership will allow Krispy Kreme to distribute its doughnuts through a network of Krispy Kreme shops and AmPm convenience stores across Brazil.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:29 pm

AAPL

WLDS

Wearable Devices has announced plans to explore compatibility between its Mudra Band and Apple's Vision Pro as part of its strategy to offer users more intuitive interaction options within the Apple ecosystem.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:22 pm

DIS

MANU

QNST

RUM

WIMI

Five stocks in the communication services sector are considered overbought according to their RSI values, potentially signaling a short-term performance warning for momentum investors. Rumble Inc. (RUM) and QuinStreet Inc. (QNST) reported significant developments and stock gains, while Manchester United plc (MANU) reduced its fiscal 2024 guidance. WiMi Hologram Cloud Inc. (WIMI) is focusing on blockchain secure storage, and The Walt Disney Company (DIS) announced strong earnings and a new share repurchase program.

Portfolio Pulse from Avi Kapoor

February 09, 2024 | 12:13 pm

UNFI

United Natural Foods (UNFI) successfully concluded its first full-assortment selling show in San Diego, showcasing a wide range of products.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:10 pm

CNTA

Centessa Pharmaceuticals announced it will present additional 52-week continuous treatment data from the third year of its ongoing Phase 2a study of SerpinPC for the treatment of Hemophilia at the 17th Annual Congress of the European Association for Haemophilia and Allied Disorders.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:09 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is implementing changes to its App Store in the EU to support third-party app marketplaces as part of iOS 17.4. This includes new features in App Store Connect and TestFlight for developers to set up and beta test their app marketplaces. The move is in response to the EU's Digital Markets Act aiming to increase competition, but has raised security concerns among Apple executives. Meta Platforms CEO criticized the proposal, highlighting a 'Core Technology Fee' that could cost developers significantly.

Portfolio Pulse from Rounak Jain

February 09, 2024 | 12:05 pm

OKYO

The FDA has approved Okyo Pharma's OK-101 as its first investigational new drug for treating neuropathic corneal pain. The clinical trial is scheduled to start in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:02 pm

BNTX

EWU

NVAX

PFE

The UK's Medicines and Healthcare products Regulatory Agency (MHRA) has granted approvals for the COVID-19 vaccines Comirnaty, developed by Pfizer/BioNTech, and Nuvaxovid, developed by Novavax. This marks a significant step in the fight against COVID-19 and opens up new markets for both vaccines.

Portfolio Pulse from Charles Gross

February 09, 2024 | 11:55 am