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GEHC

GE HealthCare (NASDAQ:GEHC) has entered into a 10-year strategic alliance with OSF HealthCare and Pointcore, Inc. to expand the reach of innovative technology and digital solutions to over one million patients. This collaboration aims to enhance clinical and operational efficiencies, standardize care delivery models, and improve patient outcomes across OSF HealthCare's network in Illinois and Michigan.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:18 am

EVTL

Vertical Aerospace (NYSE:EVTL) has received a $10 million grant from the UK Government through the Aerospace Technology Institute (ATI) Programme for developing next-generation propellers for its VX4 aircraft. This marks the third project awarded to Vertical by the ATI Programme, totaling $47 million in UK Government grants, signifying strong governmental support for Vertical's vision in pioneering zero emissions aviation.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:18 am

ARGX

The FDA has accepted argenx SE's supplemental Biologics License Application for VYVGART Hytrulo for priority review, targeting chronic inflammatory demyelinating polyneuropathy (CIDP). The PDUFA target action date is set for June 21, 2024. If approved, VYVGART Hytrulo will be the first neonatal Fc receptor blocker for CIDP treatment.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:16 am

BA

Royal Brunei Airlines has ordered four 787 Dreamliners from Boeing to renew its widebody fleet, supporting its growth, sustainability, and passenger comfort goals. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:16 am

ZCAR

Zoomcar and SPARKCARS have announced a partnership to add over 1,000 electric vehicles (EVs) to Zoomcar's platform in India over the next two years, including models like TATA Nexon and Mahindra XUV 400. This move aims to boost EV adoption in the self-drive space, offering economic benefits to hosts through special pricing and lower operating costs.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:14 am

COTY

Coty, a leading beauty company, has entered into a partnership with Italian luxury fashion house Etro to produce and distribute Etro's fragrance lines and home scent collections until beyond 2040. The collaboration aims to explore new categories and innovations to expand the brand's beauty portfolio.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:12 am

BA

Boeing and Royal Brunei Airlines announced the purchase of four 787 Dreamliners to renew Royal Brunei's widebody fleet, supporting its growth, sustainability, and passenger comfort goals. Additionally, Boeing and Thai Airways announced an order for 45 787 Dreamliners to expand their fleet and network. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:11 am

NIO

Nio Inc (NYSE:NIO) showcased its ET9 electric sedan's innovative chassis system through a video, demonstrating its ability to shake off snow. The ET9, priced at over $100,000, is Nio's entry into the luxury EV segment, expected to start delivery in Q1 2025. It competes with luxury hybrids like Porsche's Panamera E-Hybrid and Mercedes Benz's Maybach S580e but stands out as a pure electric vehicle.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 7:09 am

BSM

Black Stone (BSM) forecasts a 4% increase in royalty production in 2024, driven by Aethon's 24 wells in the Shelby Trough and Austin Chalk development, offset by lower activity in Louisiana Haynesville. Working interest production is expected to decline due to a 2017 decision. General and administrative expenses are anticipated to rise slightly due to inflation and strategic hires.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 6:58 am

AMZN

MDB

META

MSFT

NVDA

PLTR

Ahead of Nvidia's earnings report, Wedbush analyst Daniel Ives highlighted the importance of Nvidia's role in the AI revolution, emphasizing the anticipation for a 'major beat-and-raise' special. Ives pointed out that after Microsoft, Meta, and Amazon signaled increased AI capex, it's Nvidia's turn to showcase its AI monetization progress. The focus is on data-center AI-driven spending, with Ives optimistic about the AI spending boom. Despite concerns over valuations of AI-focused companies like Nvidia, Microsoft, Palantir, and MongoDB, Ives sees value in these stocks, predicting a significant increase in AI spending over the next decade.

Portfolio Pulse from Shanthi Rexaline

February 20, 2024 | 6:39 am