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Several Wall Street analysts have given their ratings and price targets for top information technology stocks including Apple Inc., Microsoft Corporation, Advanced Micro Devices, Inc., and NVIDIA Corporation. The analysts have predicted upside potential for these stocks ranging from 21% to 55%. Recent news for these companies include the launch of Apple's iPhone 15 Pro models, Microsoft's collaboration with Paige for AI cancer detection, AMD's Q3 guidance below estimates, and NVIDIA's partnership with Tata Group for AI infrastructure advancement in India.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 10:38 am

EVTV

Envirotech Vehicles, Inc. (NASDAQ:EVTV) has secured a 3,000 square meter assembly facility in the Philippines, located in Clark Free Trade Zone. The company plans to open the facility with two manufacturing lines, eventually scaling up to five production lines, with the capacity to produce more than 2,000 vehicles per year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:34 am

GETR

TRU

Car sharing marketplace, Getaround Inc (NYSE:GETR) has partnered with TransUnion (NYSE:TRU) to integrate TransUnion’s TruVision Traditional Auto Insurance into Getaround's platform. The integration is expected to improve risk assessment, reward good drivers, and reduce insurance and claims costs by up to 50%. The move will also enhance Getaround's TrustScore AI model, which predicts guest driving behavior.

Portfolio Pulse from Shivani Kumaresan

September 12, 2023 | 10:34 am

AULT

Ault Alliance has launched a new FinTech offering through its online investing platform, MonthlyIncome.com. The platform allows investors to purchase senior unsecured notes and earn fixed monthly income.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:33 am

AFMD

Affimed N.V. (NASDAQ:AFMD) has been granted fast track designation by the FDA for its combination treatment of AFM13 with AlloNK for the potential treatment of relapsed/refractory Hodgkin lymphoma. The treatment is entering Phase 2 development and will be investigated in Affimed's LuminICE-203 study.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:32 am

INFY

Infosys has announced a strategic multi-year collaboration with STARK Group. The partnership will leverage Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies. A data center will be established in Denmark to drive technological advancements and provide services to STARK Group's offices across Europe.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:26 am

AAPL

DELL

HPQ

LNVGY

The Indian government is considering a new registration regime for imported IT hardware, which could benefit multinational tech companies including Apple Inc., Samsung Electronics Co., Ltd., HP Inc., Dell Technologies Inc., Lenovo Group Limited, ASUSTeK Computer Inc., and Acer Inc. For the fiscal year ending in March 2024, the government plans to only monitor the origin and cost of these devices. Additional regulations and quotas may be introduced next year.

Portfolio Pulse from Arpit Nayak

September 12, 2023 | 10:22 am

SLRN

Acelyrin's shares are trading down following the failure of Part B of a Phase 2b/3 trial of izokibep for Hidradenitis Suppurativa to meet its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:17 am

BBY

Best Buy Health and Geisinger have expanded their partnership to improve chronic disease management at home. The collaboration aims to provide better care for patients with chronic conditions by leveraging technology to monitor their health and provide necessary interventions.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:07 am

AXP

American Express (AXP) and The Port Authority of New York & New Jersey have announced plans for a new Centurion Lounge at Newark Liberty International Airport. The 17,000 square foot lounge is scheduled to open in 2026.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 10:06 am