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BMBL

MTCH

Bumble Inc's CEO, Whitney Wolfe Herd, suggests that AI could enhance the dating experience, especially for those who struggle with social interactions. She envisions AI finding romantic partners and platonic relationships. Bumble has introduced a separate BFF app to facilitate friendships. Bumble's shares traded higher by 1.41% at $16.55 on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 5:00 pm

AMZN

EBAY

HYMTF

MBGAF

TSLA

WKSP

WMT

Worksport Ltd. has revealed its sales strategy, which includes the world’s first solar-powered tonneau cover SOLIS and the portable battery system COR. The company has secured a $1.6 million order and announced four sales partners. Its products will be available on Amazon, Walmart, and eBay. A customized version of its products will be part of Hyundai's Santa Cruz 2024 pickup. Mercedes Benz Group AG has announced that its first high-power charging station will be operational this fall. The company plans to expand its global charging network to more than 2,000 points by the end of 2024.

Portfolio Pulse from Upwallstreet

August 31, 2023 | 4:07 pm

AMZN

EVGO

NSANY

EVgo Inc has launched an Alexa-enabled EV charging experience in collaboration with Amazon.com Inc. The new feature allows drivers with Alexa-enabled vehicles to find and navigate to nearby EV charging stations through voice commands. The integration will create a seamless charging experience for Alexa-enabled EVs, including the Nissan Motor Co Ltd ARIYA, Ford Motor Company Mustang Mach-E and F-150 Lightning.

Portfolio Pulse from Shivani Kumaresan

August 31, 2023 | 4:07 pm

UBER

Uber Technologies, Inc. has launched an electric motorbike service in Kenya, marking its first such service in Africa. The company plans to expand this service to Nigeria, Ivory Coast, Ghana, Uganda, Tanzania, and South Africa. The new service is expected to reduce operating costs for drivers by 30-35% and costs for users by 15-20%. This move aligns with Uber's goal of making its global platform emissions-free by 2040.

Portfolio Pulse from Nabaparna Bhattacharya

August 31, 2023 | 3:56 pm

BWA

STM

STMicroelectronics (STM) has partnered with BorgWarner Inc (BWA) to supply third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. The power module will be used in BorgWarner's traction inverter platforms for several current and future Volvo Cars electric vehicles. STM shares are trading lower by 1.11% at $47.27.

Portfolio Pulse from Shivani Kumaresan

August 31, 2023 | 3:49 pm

PII

Polaris Industries Inc. is recalling its Matryx Pro RMK and Matryx RMK Khaos snowmobiles from model years 2022-2023 due to a serious injury hazard, as announced by the U.S. Consumer Product Safety Commission (CPSC).

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 3:47 pm

FTCI

FTC Solar Inc has launched SUNOPS, a cloud-based PV asset monitoring solution designed to enhance solar asset performance management. The software offers a comprehensive view of plant operation and provides actionable insights to improve energy generation. It also increases solar plant uptime and reduces energy losses.

Portfolio Pulse from Shivani Kumaresan

August 31, 2023 | 3:39 pm

CMPS

CYBN

DRUG

ENVB

MNMD

SEEL

A recent study published in the Journal of the American Medical Association suggests that a single dose of psilocybin, a psychedelic compound produced by certain types of mushrooms, may have lasting benefits for people with major depressive disorder. The study adds to the growing body of evidence supporting the potential efficacy of psilocybin for depression treatment.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 3:08 pm

TCEHY

Sea Limited's stock is experiencing volatility amid reports of the Tencent-backed company relaunching its popular mobile game, Free Fire, in India. The game was previously banned due to security concerns. The relaunch is expected to boost Sea's performance, which has been struggling with slowing sales growth. Sea's Q2 FY23 revenue growth was 5.2% YoY, missing consensus estimates. The stock has lost over 28% YTD and 43% last month, leading to several analysts downgrading their ratings and cutting price targets.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 2:57 pm

AWH

Aspira Women's Health has entered into a material transfer agreement with the University of Oxford for the procurement of serum samples. These samples will be used to verify and validate the endometriosis blood test algorithms.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 2:52 pm