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CIEN

Vocus is set to deploy Ciena's WaveLogic 6 Extreme (WL6e) 1.6 Tb/s coherent technology to enhance network efficiency and capacity, addressing the growing demands for cloud services and AI. This deployment will make Vocus the first network operator to adopt this technology, which will improve cost-effectiveness and reliability across its Australian network. Ciena's WL6e supports up to 1.6 Tb/s single-carrier wavelengths, enabling Vocus to manage increased bandwidth demands and drive energy efficiency by reducing equipment and space requirements.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:07 pm

AAPL

DFS

JPM

NVDA

PLUG

TSLA

The cryptocurrency market saw significant movements with a record $665M Bitcoin transaction and a surge in meme coins after Trump's statement against CBDCs. In the US markets, Discover Financial reported lower Q4 profits, and the Dow fell for the third consecutive session. Trump leads in New Hampshire polls and opposes CBDCs, while Biden seeks Ukraine aid. In tech, TSMC exceeded expectations despite a profit drop, and Apple and Nvidia plan expansions. Tesla faces questions over its pricing strategy, and Rivian introduces leasing options. JPMorgan's CEO met with other bank leaders to discuss fintech competition.

Portfolio Pulse from Akanksha Bakshi

January 18, 2024 | 2:05 pm

WINT

Windtree Therapeutics has entered into an agreement to develop and commercialize its drug candidates in China, with the potential to receive up to $138.1 million in milestone payments and low double-digit royalties. This deal aims to support Windtree's treatments for acute heart failure and cardiogenic shock, addressing an unmet medical need in China.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:04 pm

KIQ

Kelso Technologies Inc. is establishing a Phase-One production facility in West Kelowna, BC, Canada, through its subsidiary KIQ X Industries. The facility will convert heavy-duty vehicles using the Company's proprietary Automated Traction Optimization Method for Vehicle Suspension Systems, targeting customers operating in extreme terrain environments. The Method is a specialized ADAS software system for commercial wilderness applications and is now compliant for sales. The Phase-One facility, which does not require new capital, is expected to generate approximately $25 million of annual revenue starting in late 2024 and can scale up to $100 million per year. Kelso Technologies focuses on safety technology solutions for various wilderness-related industries.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:03 pm

FTV

Allied Digestive Health (ADH) has partnered with Provation, a Fortive Corporation (NYSE:FTV) subsidiary, to implement Provation Apex, a cloud-based procedure documentation and charting solution. This technology will be used across ADH's 30+ facilities and by its 150+ gastroenterologists to improve clinical productivity and patient care. The agreement highlights ADH's commitment to efficient operations and enhanced patient experience, leveraging Provation Apex's cloud-native SaaS platform for GI procedures.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:03 pm

SBGI

Sinclair, Inc. (NASDAQ:SBGI) has renewed its distribution agreement with the National Content & Technology Cooperative (NCTC), ensuring continued access to Sinclair's owned/operated local stations and the Sinclair-owned Tennis Channel for NCTC's member companies. NCTC serves a significant portion of U.S. broadband and video connected households and represents nearly 700 cable and broadband operators across all 50 states.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:00 pm

WSM

Pottery Barn Kids has launched its first-ever children's home furnishings and heirloom gift collection in collaboration with AERIN, founded by Aerin Lauder. The collection is exclusively available at Pottery Barn Kids.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 1:52 pm

AAPL

Apple Inc. (NASDAQ:AAPL) has launched its 2024 Black Unity collection for Apple Watch, iPhone, and iPad, featuring a new watch face, sports band, and wallpaper. The collection, which includes the Black Unity Sport Band priced at $49, symbolizes Pan-Africanism and the unity against injustices. The band is unique due to a special manufacturing process and will be available in Apple retail stores from January 23. The Unity Bloom watch face and corresponding wallpapers will be released with upcoming software updates. This initiative reflects Apple's commitment to diversity and inclusivity, potentially attracting customers who value social awareness in their products.

Portfolio Pulse from Rounak Jain

January 18, 2024 | 1:50 pm

EEIQ

EpicQuest Education Group International Limited (NASDAQ:EEIQ) has announced that its subsidiary, SouthGilmore LLC, has partnered with the Argentine Football Association to bring the Argentina Men's National Soccer Team for two exhibition matches in China. The matches are scheduled between March 18 – 26, 2024, and will include press conferences and promotional activities. This initiative is expected to create a new revenue stream for EpicQuest Education and support its educational programs related to kinesiology and recreation education. EEIQ shares closed at $1.80, down by 4.26% on Wednesday.

Portfolio Pulse from Anusuya Lahiri

January 18, 2024 | 1:45 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) shares closed slightly lower on Wednesday. Activision, a Microsoft entity, warned 'Call of Duty' players about its anti-cheat technology, Ricochet. Microsoft is launching a $20/month AI subscription service for consumers and small businesses. Ahead of its Q2 earnings report on Jan. 30, 2024, the article discusses how investors can earn $500 a month from Microsoft's dividends, requiring an investment of approximately $778,940, based on the current annual dividend yield of 0.77% or $3.00 per share annually.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 1:43 pm