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PLTR

Palantir Technologies Inc (NYSE:PLTR) shares have been volatile after a surge on Monday, following positive commentary from Wedbush analysts. The company was recently selected by the Defense Information Systems Agency (DISA) to automate spectrum coordination workflows. Palantir has seen a 160% increase in share price over the last three months, largely due to strong demand for its new AI platform and better-than-expected quarterly results. The company is set to report its second-quarter financial results on August 7.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 9:25 am

AAPL

EPHE

Murata Manufacturing, a supplier for Apple, is expanding its plant in the Philippines to boost production of multilayer ceramic capacitors. The company is investing $78.2 million in a new building at the factory, aiming to meet the rising demand tied to electric vehicles and 6G communications technology.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:25 am

MYCOF

Jamaica-based Rose Hill, a cultivator, supplier, and exporter of premium psilocybin products, has launched its first wellness retreat program, ONE Retreats, and its vegan psilocybin gummies, PATOO. The company operates through three main channels: science and R&D, its legal psychedelic CPG line PATOO, and ONE Retreats. Rose Hill has an ongoing export contract with clinical-stage company Mydecine Innovations (OTC:MYCOF) since March 2021 and is planning to apply for a manufacturing and services license in Oregon.

Portfolio Pulse from Lara Goldstein

August 04, 2023 | 9:24 am

AMZN

RXT

Rackspace Technology (RXT) has announced a significant expansion of their relationship with Amazon Web Services (AWS). The companies are launching Foundry for AI by Rackspace (FAIR) for AWS, aimed at accelerating the secure and sustainable adoption of AI solutions across various industries. The partnership is expected to help revolutionize industries, redefine problem-solving approaches, and unlock new possibilities for organizations worldwide.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:24 am

EVGO

GM

EVgo Inc. (NASDAQ:EVGO) and General Motors (GM) have surpassed 1,000 fast charging stalls as part of their collaboration to expand fast charging infrastructure. The collaboration aims to develop and install 3,250 DC fast charging stalls in major metro markets. The companies have opened fast charging stalls across nearly 230 locations in 39 markets covering 27 states. They are also working together to improve reliability and enhance customer experience through a comprehensive action-oriented plan.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:21 am

INDA

WWE

WWE (NYSE:WWE) has announced its return to India with the WWE Superstar Spectacle, the first live event in the country since 2017. The event will take place at the GMC Balayogi Indoor Stadium in Hyderabad on September 8, 2023. Tickets will go on sale on August 4, 2023. The event is produced and promoted by BookMyShow Live, the live entertainment division of BookMyShow.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:20 am

SOBR

SOBR Safe, Inc. (NASDAQ:SOBR), a provider of transdermal alcohol detection solutions, has signed a software as a service (SaaS) agreement with ridesharing company RUBI. The agreement will see SOBR Safe's wearable alcohol monitoring device, SOBRsure, integrated into RUBI's service, making it the first ridesharing service to verify in real time that its drivers are alcohol-free. RUBI is currently integrating SOBRsure into its home market of Washington D.C., Maryland, and Northern Virginia, with plans to expand to additional markets.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:15 am

EPOW

Sunrise New Energy (NASDAQ:EPOW) announced that its project on Sodium-ion battery hard carbon anode material research and development has passed the review of the Guizhou Provincial Science and Technology Support Plan. The project aims to develop high-performance anode materials for Sodium-ion batteries, which are cheaper and more environmentally friendly than lithium-ion batteries.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:12 am

PCRFY

QS

WDC

QuantumScape Corp has appointed Dr. Siva Sivaram, President of Western Digital Corp, to the newly created role of President. Dr. Sivaram will lead QuantumScape's technology and manufacturing groups as the company transitions from R&D to production. QuantumScape recently announced it shipped updated prototype unit cells to automotive customers and completed equipment installation for its new fast separator production process.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 9:08 am

AMZN

GOOG

META

MSFT

NVDA

Nvidia Corp's stock is trading lower due to concerns over additional US semiconductor sanctions on China. Nvidia is directing its AI chips to small cloud providers competing with Amazon and Google. The company is also asking for customer names from these providers. Bernstein analysts estimate that increased AI-chip spending from Microsoft, Meta Platforms, Bytedance, and Google will allow Nvidia to meet its current quarter guidance. They predict Nvidia will generate $75-$90 billion in data-center AI revenue for 2024.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 8:21 am