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Chinese PC brand Machenike has indicated that it will launch a new gaming desktop featuring Intel's new generation of Core processors and RTX 40 series graphics cards in October. The desktop PCs will be the first to come with PCIe Gen5 SSDs as standard. However, the performance expectations for Intel's Raptor Lake Refresh processors are not inspiring based on leaked benchmarks.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 3:14 pm

MSFT

PCG

Schneider Electric and Pacific Gas and Electric Company (PG&E) have announced the deployment of a distributed energy resource management system (DERMS) on Microsoft Azure. The cloud-based platform will help maintain grid reliability and accelerate the adoption of distributed energy resources (DER) such as electric vehicles, energy storage, and rooftop solar. The system provides greater visibility into DER behavior and allows for more proactive management to keep the grid safe, secure, and resilient.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 3:14 pm

TSM

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) shares are trading higher following a report that the company will invest $2.9 billion in a chip packaging plant in Taiwan. The investment is driven by the AI market's rapid growth and the increasing demand for TSMC's advanced packaging. The company's CEO mentioned tight capacity in the advanced packaging segment during the second-quarter earnings report.

Portfolio Pulse from Henry Khederian

July 25, 2023 | 2:59 pm

AAPL

GOOG

MSFT

Alphabet Inc is set to report its Q2 financial results, with analysts expecting earnings per share of $1.34 and revenue of $72.78 billion, a 4% YoY increase. The company has missed earnings per share estimates in four of the last five quarters and revenue estimates in two of the last four quarters. Alphabet's progress in artificial intelligence (AI) will be under scrutiny, as it faces competition from Microsoft and potentially Apple. Alphabet's Google Cloud revenue was $7.5 billion in Q1, up from $5.8 billion YoY.

Portfolio Pulse from Chris Katje

July 25, 2023 | 2:59 pm

BFRG

Bullfrog AI Holdings Inc (NASDAQ:BFRG) shares surged after the company announced the issuance of a patent for novel prodrugs of mebendazole for cancer treatment. The patent, granted by the US Patent and Trademark Office, strengthens the company's intellectual property protection. Bullfrog AI licensed the intellectual property from Johns Hopkins University in October 2022, which allowed the company to commercialize prodrugs of mebendazole.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 2:49 pm

BA

Boeing (NYSE:BA) and NASA are partnering with U.S. airlines including Alaska Airlines, American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines on the Sustainable Flight Demonstrator (SFD) project and the development of the X-66A research aircraft. The airlines will provide feedback on operational efficiencies, maintenance, handling characteristics, and airport compatibility. The X-66A will test the Transonic Truss-Braced Wing (TTBW) airframe configuration and aims to reduce fuel consumption and emissions by up to 30%.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:48 pm

PCRFY

Battery materials manufacturer Nexeon has entered into a supply partnership with Panasonic Energy Co., a Panasonic Holdings Corp (OTC:PCRFY) company. Nexeon's advanced silicon-based anode material, which can boost the energy density of lithium-ion cells by up to 50%, will be supplied to Panasonic from 2025. This will result in the production of cells that address key consumer concerns related to EVs, such as increased vehicle range and reduced charging time.

Portfolio Pulse from Shivani Kumaresan

July 25, 2023 | 2:30 pm

AAPL

BIIB

DHR

DOV

MSFT

NVDA

SPOT

VZ

Several companies have made headlines today. Nvidia is expected to generate up to $300 billion in AI revenues by 2027, according to Mizuho analyst Vijay Rakesh. Over 1,500 UK-based developers have filed a class action lawsuit against Apple over 'anti-competitive' App Store fees. Microsoft has invested $2 billion in a Saudi cloud facility, raising data privacy concerns. TikTok has launched a text-based post feature to compete with Twitter. Adidas expects a smaller operating loss in 2023 after parting ways with Kanye West's Yeezy Collection. H&M has sued Shein for copyright infringement. TSMC plans to invest $2.9 billion in an advanced chip packaging plant in Taiwan. FedEx pilots have rejected a contract deal, prompting renewed negotiations. Nestle and Danone are under France's inflation scanner due to price rises. American Airlines faces a voting delay for a pilot contract offer. Unilever, General Electric, General Motors, Xerox, Spotify, Biogen, Verizon, Danaher, and Dover have all reported their Q2 earnings.

Portfolio Pulse from Vandana Singh

July 25, 2023 | 2:26 pm

BIIB

LLY

The FDA has fully approved the Alzheimer's drug Leqembi, developed by Eisai and Biogen, based on its ability to slow cognitive decline. Another Alzheimer's drug, donanemab, developed by Eli Lilly, could be approved by the end of the year. The approval of these drugs has increased the need for better Alzheimer's tests, leading to a race for early detection blood tests.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 2:22 pm

META

MSFT

QCOM

Meta Platforms Inc (NASDAQ:META) shares are trading higher after New Street Research analyst Dan Salmon upgraded the stock from Neutral to Buy with a $350 price target. The upgrade was due to the release of Llama 2, developed in conjunction with Microsoft Corp (NASDAQ: MSFT) and Qualcomm Inc (NASDAQ:QCOM), and the positive takeaways from Meta's AI Speaker Series. The analyst also noted the potential for monetization of WhatsApp and Messenger and the company's Metaverse initiatives.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 2:20 pm