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GOOGL

MSFT

Microsoft Corp (NASDAQ:MSFT) has launched a new AI subscription service, Copilot Pro, for $20 per month targeting individual consumers and small businesses. The service includes an AI assistant for applications like Word and Excel and access to new tools and AI models such as GPT-4 Turbo. Microsoft has also made its enterprise software more accessible to smaller businesses by removing the 300-person minimum requirement. The move positions Microsoft to compete with Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Bard and DeepMind in the consumer AI market.

Portfolio Pulse from Benzinga Neuro

January 16, 2024 | 3:43 am

GOOG

Content creator MrBeast has posted a video on Elon Musk's X (formerly Twitter) to test ad revenue potential, after stating that Twitter's compensation wouldn't cover his video production costs. Musk highlighted the post, marking it as the first MrBeast video on X. MrBeast plans to share the ad revenue results next week. His YouTube channel remains his primary platform, with 231 million subscribers and over 211 million views on the same video.

Portfolio Pulse from Ananya Gairola

January 16, 2024 | 2:15 am

CMCSA

Comcast announced that the Dolphins-Chiefs Wild Card game on Peacock was the most streamed event in U.S. history, averaging 23 million viewers. The game reached nearly 28 million viewers, with the audience peaking at nearly 25 million from 9:15-9:30 p.m. ET. This represents a 6% increase over last year's Saturday Primetime AFC Wild Card game. Additionally, Peacock experienced its biggest day ever, thanks to the NFL Wild Card exclusive and other entertainment programming. The Browns-Texans game was the most-watched Saturday NFL Wild Card game on NBC since 2014.

Portfolio Pulse from Charles Gross

January 16, 2024 | 12:02 am

SVM

Silvercorp Metals Inc. (NYSE:SVM) reported increased gold production of 1,342 ounces, up 22% YoY, and higher zinc production for Q3 Fiscal 2024. However, silver and lead production decreased due to lower head grades and stockpiling of ores. The company will release its unaudited financial results on February 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:42 pm

CPRT

Copart, Inc. (NASDAQ:CPRT) has announced significant changes to its senior executive leadership team. Hessel Verhage has been appointed as the new Chief Operating Officer (COO), while the former COO, Stephen Powers, has transitioned to the role of Chief Business Development Officer (CBDO). Additionally, Copart has appointed David Kang as Chief Marketing Officer (CMO) and Neel Madhvani as Chief Product Officer (CPO). These executives will operate from the Dallas headquarters and report to Co-CEO Jeff Liaw. The leadership changes aim to drive growth and enhance operations, with each executive bringing a wealth of experience from their respective fields.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:31 pm

BETS

Bit Brother Limited (BETS) reported its 2023 mining operation results, with Site 1 mining approximately 136 bitcoins, generating about $6.2M in revenue. Site 1 also saved $1M in electricity through a special agreement. Site 2 in Texas is expected to start in January 2024, aiming for a monthly production of 12 BTC. BETS has partnered with Cruxforce, LLC to potentially develop a third site with a 40MW capacity. CEO Jack Wu anticipates further expansion and improved operations in 2024. The company emphasizes the complexity of accounting for cryptocurrency mining and warns investors not to rely solely on mining results.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:30 pm

PACB

PacBio (NASDAQ:PACB) has announced the release of a new Nanobind DNA extraction kit called PanDNA, which is optimized for HiFi sequencing and expands the range of sample types for long-read sequencing. The Nanobind kits, including the existing HT CBB Kit, now support high-throughput extraction of DNA from additional sample types like animal blood and bacteria. The PanDNA kit complements the Revio sequencing system and is expected to be available in February 2024, while the HT CBB Kit is already on the market.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:28 pm

JBL

Jabil Inc. (NYSE:JBL) has expanded its digital commerce capabilities with a new center of excellence in Chihuahua, Mexico. This third plant in Chihuahua, the fifth in the region, offers over one-million square feet of production capacity. The expansion supports nearshoring and access to advanced technologies like AI and robotics. Jabil's retail industry leadership is reinforced through collaborations with companies like Ocado, Revolut, SumUp, and VusionGroup. Jabil will showcase its innovations at NRF'24. The expansion benefits customers like Ocado by scaling the manufacturing of its Series 600 robot and VusionGroup by increasing production of ESL tags.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:27 pm

DNA

ILMN

Concentric by Ginkgo, a unit of Ginkgo Bioworks (NYSE:DNA), has partnered with Illumina, Inc. (NASDAQ:ILMN) to expand global biosecurity capabilities. They plan to set up a pathogen monitoring network using Illumina's DNA sequencing technology. This 'bioradar' system will help detect and respond to biological threats, supporting global health objectives. The co-marketing agreement aims to enhance pathogen genomic surveillance and build local biosurveillance capacity, reducing reliance on third-party biosecurity services.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:24 pm

EGO

Eldorado Gold Corporation reported strong Q4 2023 preliminary gold production of 143,166 ounces, contributing to a full year production of 485,140 ounces, meeting its 2023 production guidance. The company saw increased production across all assets, with record production at the Lamaque Complex in Canada and Olympias in Greece. In Turkiye, Kisladag and Efemcukuru also performed well, with Kisladag benefiting from improved material handling systems. Eldorado expects a decrease in Turkish current income tax expense for Q4 due to various factors. The company will release its full-year and Q4 financial and operational results on February 22, 2024, followed by a conference call on February 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 15, 2024 | 11:22 pm