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PWSC

Kansas Statewide Virtual School has chosen PowerSchool's Student Information Cloud to improve its operational capabilities. Additionally, Rocket Online Schools has adopted PowerSchool SIS and PowerSchool Enrollment Express. The financial terms of the agreements were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:05 pm

NVCR

NovoCure's stock is trading higher following the FDA's acceptance of their PMA application for TTFields therapy to treat non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:02 pm

NUMIF

Numinus Wellness (OTCQX:NUMIF), a psychedelics mental healthcare company, reported a decrease in quarterly revenue and net loss, but also a significant reduction in expenses and cash used in operating activities for Q1 ending Nov. 30, 2023. The company is focusing on cost containment and has initiated a strategic review to explore options to enhance shareholder value. Numinus also reported on its three developmental programs, including clinic operations, clinical research, and therapist training, with some operations being ceased to focus on sustainable and cash flow positive activities.

Portfolio Pulse from Lara Goldstein

January 18, 2024 | 3:00 pm

GOOG

GOOGL

MSFT

Microsoft Corp's integration of ChatGPT into Bing has led to modest growth in its search market share, now at 3.4%. Despite doubling U.S. monthly active users and a tenfold increase in usage with DALL-E 3 integration, Bing's market position remains far behind Google's over 90% share. Microsoft plans to introduce ads and enhance features to drive more traffic and revenue, while Google develops its own AI tools and plans to integrate Gemini. MSFT shares saw a slight increase of 0.85% to $392.78.

Portfolio Pulse from Anusuya Lahiri

January 18, 2024 | 2:44 pm

AAPL

META

Meta Platforms, Inc. (NASDAQ:META) has seen a 32% increase in ad returns and a 17% reduction in acquisition costs due to new AI tools. These tools simplify campaign creation and compensate for lost targeting data after Apple Inc.'s (NASDAQ:AAPL) privacy changes. Sheryl Sandberg has also announced her departure from Meta's board. META shares rose 0.57% in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

January 18, 2024 | 2:29 pm

DIS

Nelson Peltz, an activist investor, has commented that Disney's theme parks require additional capital investment due to intensifying competition in the industry. Peltz's statement suggests that he believes Disney needs to enhance its theme park offerings to maintain its competitive edge.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:22 pm

AAPL

GOOG

SSNLF

Samsung Electronics Co Ltd. (OTCPK: SSNLF) has launched the Galaxy S24 series with Galaxy AI features powered by Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's Gemini large-language model. These AI features are free until the end of 2025 and include live translations, generative AI editing for images, and more. Some features are similar to those in Apple Inc.'s (NASDAQ:AAPL) iPhone 15 Pro and Google's Pixel 8 series.

Portfolio Pulse from Rounak Jain

January 18, 2024 | 2:19 pm

ABML

American Battery Technology has upgraded its lithium resource and indicated resource classifications for its Tonopah Flats Lithium Project, which is a positive step in advancing the development of the project and accelerating the commercialization of the domestic lithium supply chain.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:18 pm

BA

Boeing Co (NYSE:BA) stock is trading higher after Akasa Air announced an order for 150 Boeing 737 MAX planes. This order comes despite a recent mid-air incident involving a 737 MAX 9, which led to the FAA grounding 171 jets. The order was announced at the 'Wings India' air show and excludes the 737 Max 9 version. Akasa Air is set to receive 204 planes over eight years. Boeing is implementing additional quality inspections and has sent a team to oversee work at Spirit AeroSystems.

Portfolio Pulse from Adam Eckert

January 18, 2024 | 2:11 pm

STSS

Sharps Technology has signed a Letter of Intent (LOI) with Roncadelle Operations to sell and distribute each other's products. This strategic move aims to leverage the strengths of both companies to enhance their market presence and expand their product distribution capabilities.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:08 pm