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QCOM

BMW Group has chosen Amazon Web Services (AWS) as the preferred cloud provider for its automated driving platform. The platform will be used to develop BMW's next-generation advanced driver assistance system (ADAS) for its 'Neue Klasse' vehicles, set to launch in 2025. AWS's compute, AI, IoT, machine learning, and storage capabilities will be used to accelerate the delivery of highly automated BMW vehicles. BMW Group is also collaborating with Qualcomm Technologies to co-develop next-generation automated driving systems.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 2:03 pm

CURLF

Curaleaf Holdings, Inc. has launched Zero Proof, a new brand of THC drinkables, with its first product, Squeeze, now available in Illinois. The company plans to launch additional SKUs in the coming months. CEO Matt Darin stated that Curaleaf is committed to creating sophisticated cannabis experiences and views the illicit market as their biggest competitor.

Portfolio Pulse from Jelena Martinovic

September 05, 2023 | 2:02 pm

GOOG

GOOGL

META

Meta Platforms Inc (NASDAQ:META) announced that Facebook News will cease to exist in the U.K., France, and Germany in early December. This move is part of Meta's strategy to prioritize features that users are interested in, such as short-form videos. The decision also marks Meta's protest against laws in these countries that require tech companies to negotiate commercial deals and pay news publishers for their content. Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Facebook have previously struck deals with Australian media companies after they offered amendments to the legislation.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 2:01 pm

TNXP

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) shares are trading lower after the company announced topline results from the Phase 2 proof-of-concept PREVAIL study of TNX-102 SL 5.6 mg for managing fibromyalgia-type Long COVID. The treatment showed improvements in fatigue, sleep quality, cognitive function, disability, and patient global impression of change, but did not meet the primary endpoint of improving Long COVID pain intensity scores at Week 14. Tonix plans to meet with the FDA to discuss a path to registration.

Portfolio Pulse from Vandana Singh

September 05, 2023 | 1:51 pm

ATXG

Addentax Group Corp. (NASDAQ:ATXG) has initiated preliminary discussions with Xianglilai Technology Co., Ltd for the integration of advanced lithium battery technology in logistics and autonomous new energy vehicles. This aligns with Addentax's recent venture with Auto City (Shenzhen) Autonomous Driving Co., Ltd. focused on AI cloud-based Level 4 Autopilot R&D. Xianglilai's battery sharing services ensure timely deliveries with fully charged batteries, aligning with the global trend toward sustainability.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 1:46 pm

AAPL

A leaked video reveals the introduction of an Action button in the upcoming iPhone 15 Pro, replacing the traditional mute switch. This follows the introduction of the Action button in the Apple Watch Ultra. The iPhone 15 Pro is set to be unveiled by Apple on September 12, 2023.

Portfolio Pulse from Benzinga Neuro

September 05, 2023 | 1:42 pm

HSAI

Hesai Group (NASDAQ:HSAI) has partnered with automotive supplier Webasto to provide lidar sensors for its Roof Sensor Module for passenger cars with Advanced Driver Assistance Systems (ADAS). Hesai's AT128 long-range lidar has been integrated into Webasto's current Roof Sensor Module. The lidar technology can provide accurate information about the size, shape, location, and movements of surrounding objects, improving safety performance. HSAI shares are trading lower by 0.76% at $10.42 in premarket on Tuesday.

Portfolio Pulse from Shivani Kumaresan

September 05, 2023 | 1:21 pm

META

Meta Platforms Inc., formerly known as Facebook, announced that it will deprecate Facebook News, a dedicated tab for news content, in the UK, France, and Germany in early December.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 1:19 pm

AAPL

JAMF

OKTA

Jamf (NASDAQ:JAMF) has announced support for Platform Single Sign-On (SSO) with Okta. This makes Jamf and Okta the first to support Apple's new identity technology, Platform SSO, which was first showcased at WWDC 2022. The support will provide a more seamless and secure experience for end users during both the initial onboarding and ongoing authentication processes.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 1:16 pm

STLA

Stellantis and Aramco have concluded that 24 engine families in European vehicles produced since 2014 are compatible with expected eFuels formulations. The companies have been testing surrogate eFuels as part of their pursuit of lower-carbon energy solutions. Stellantis estimates that the use of low-carbon eFuels could reduce up to 400 million tons of CO2 in Europe from 2025 to 2050, if used in up to 28 million Stellantis vehicles. Aramco is exploring the production of low-carbon synthetic fuels in two demonstration plants.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 1:14 pm