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HOLO

MicroCloud Hologram Inc. (NASDAQ:HOLO) has announced the launch of a motion training system based on machine learning and SVM holographic brain-computer interface. The system is designed to assist in the rehabilitation of patients with functional disorders, improving motor function and promoting cortical reorganization. The company has also developed a brain-computer interface experimental control platform based on holographic AR.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:53 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has signed a deal with Policlinico Gemelli to implement AI-based digital medicine research solutions. Policlinico Gemelli's digital research center, Generator RWD, will use Palantir Foundry to manage healthcare data. Palantir's CEO Alex Karp stated that the demand for their AI platform is unprecedented, with over 300 additional enterprises in discussions to deploy it.

Portfolio Pulse from Nabaparna Bhattacharya

September 08, 2023 | 3:40 pm

BABA

Alibaba's affiliate company, Ant Group, has launched a new blockchain service, ZAN, targeting Hong Kong, Singapore, and overseas markets to expand its global Web3 presence. The service offers a range of blockchain application development products and services for both institutional and individual Web3 developers. Ant Group began piloting ZAN’s technical services in early 2023, and its e-KYC feature has been adopted by HashKey Group, a Hong Kong crypto firm.

Portfolio Pulse from Khyathi Dalal

September 08, 2023 | 3:33 pm

Block, Inc (NYSE:SQ) experienced a day-long service disruption, leaving small businesses unable to process payments. The outage began around 12 p.m. PT on Thursday, peaking at 2:15 p.m. with 49% of users facing issues with the Cash App, 34% with purchases, and 17% with the website. The company's shares traded lower by 5.35% at $53.04 on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

September 08, 2023 | 3:33 pm

INTC

Analyst Ming-Chi Kuo suggests that Intel will likely use its 18A advanced node to manufacture ARM's own chips, which will benefit Intel's foundry business. The collaboration between ARM and Intel is expected to reduce cost and risk for customers using ARM IP to adopt Intel 18A. ARM's own chips are unlikely to compete with existing smartphone customers, but successful shipments could attract orders from other customers, especially for HPC/computing applications.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:25 pm

TSLA

A report from TrendForce indicates a continued decline in EV battery prices due to a decrease in demand. The average price drops of EV square ternary cells, LFP cells, and pouch ternary power cells reached 10%. This has led to a slowdown in battery production and a decrease in energy storage cell prices. The report also indicates a continued drop in the prices of lithium salts and cobalt [II, III] oxide. General Motors' Ultium Cells and Tesla's Cybertruck and Model 3 are mentioned in the context of the EV market.

Portfolio Pulse from Shivani Kumaresan

September 08, 2023 | 3:12 pm

NKLA

Nikola Corporation's (NASDAQ:NKLA) shares are trading lower, with a decrease of over 60% in the last month. This follows a report of a third incident where the lithium-ion cell battery of a Nikola electric vehicle caught fire. The company had previously recalled approximately 209 Class 8 Tre battery-electric vehicles due to fire risk and postponed all new BEV sales until the issues were resolved. Currently, 19.42% of available NKLA shares are being sold short.

Portfolio Pulse from Erica Kollmann

September 08, 2023 | 2:38 pm

AAPL

CVX

GOOG

HOFT

ILMN

LLY

PVH

SPOT

STLA

TWTR

Elon Musk's acquisition of Twitter (now X) has reportedly lost 90% of its value. General Motors' wage offer has been branded as 'insulting' by UAW President Shawn Fain. Stellantis has opened its first Battery Technology Center in Italy. Kroger and Albertsons have agreed to sell select assets to C&S Wholesale Grocers for $1.9 billion. Kroger also reported a Q2 sales decline and reached a settlement for opioid claims. UK's NICE has endorsed Eli Lilly's diabetes medication, Mounjaro. Hooker Furnishings reported a Q2 sales decline. PVH Corp's subsidiary, Calvin Klein, has signed a licensing deal with Revman. Apple has responded to the discovery of zero-day exploits. Workers at Chevron's LNG projects in Australia have gone on strike. Zoom has engaged with regulators over Microsoft's perceived anticompetitive behavior. Google has cut ties with Joshua Wright over sexual harassment allegations. Goldman Sachs is preparing for another round of job cuts. Spotify plans to offer free audiobooks to its paying subscribers. Carl Icahn has shown support for Illumina's new CEO.

Portfolio Pulse from Vandana Singh

September 08, 2023 | 2:32 pm

NVDA

NVIDIA has announced a collaboration with Tata Group to deliver AI computing infrastructure and platforms for developing AI solutions. The partnership aims to build an AI supercomputer powered by NVIDIA's GH200 Grace Hopper Superchip. The collaboration will also see the development of an AI cloud in India, which will be used by Tata Communications and TCS. The partnership is expected to catalyze AI-led transformation across Tata Group companies.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 2:18 pm

SNOW

Snowflake Inc (NYSE:SNOW) is transitioning from a data warehouse to a data cloud provider and has launched machine learning products to capture additional workloads. DA Davidson analyst Gil Luria initiated coverage of Snowflake with a Buy rating and a price target of $200, citing the company's industry-leading growth rates and potential to benefit from rising demand for artificial intelligence.

Portfolio Pulse from Priya Nigam

September 08, 2023 | 2:11 pm