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PCG

Pacific Gas and Electric Company (PG&E) is launching two new programs, Empower EV and Multifamily Housing and Small Business EV Charger, to improve access to electric vehicle (EV) charging infrastructure in underserved communities. The programs offer no-cost EV charging infrastructure and resources to help cover the costs of installing chargers at homes, multifamily housing units, nonprofit organizations, and small businesses in low- and moderate-income communities. The Empower EV program offers income-eligible customers up to $2,500 in incentives to help cover the cost of installing EV-charging equipment at their single-family residences.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:56 pm

META

MSFT

Meta Platforms Inc. has announced that its new product, Llama 2, will come with an 'Acceptable Use' policy. This policy prohibits uses including violence, terrorism, child exploitation, and other criminal activities.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:54 pm

META

MSFT

Meta has announced a new version of Llama, which has been pre-trained on 40% more data than its predecessor, Llama 1. The new version, Llama 2, comes in versions with 7B, 13B, and 70B parameters and includes more than 1M human annotations.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:53 pm

META

MSFT

Meta is releasing a commercial version of its AI model, Llama, which will be distributed by Microsoft via Azure. The Llama model will also be available for free on Amazon Web Services and other platforms.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:53 pm

MSFT

Microsoft's shares are trading higher after a report indicated that businesses will be charged $30 per user per month for access to the Copilot AI program.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 3:52 pm

MICS

WMT

Singing Machine Company, Inc (NASDAQ:MICS) has launched a new party accessory product line, now available in 866 Walmart Inc (NYSE:WMT) stores nationwide. The new product, the Kids Celebration Microphone, is targeted at the children's party and event market. The product is now available at a retail price of $9.97. Following the announcement, MICS shares are trading higher by 24% at $1.96.

Portfolio Pulse from Shivani Kumaresan

July 18, 2023 | 3:46 pm

MSFT

Microsoft has announced a $30 per user per month price for its AI-powered Microsoft 365 Copilot service, nearly doubling the cost for businesses subscribed to Microsoft 365 E3. The steep price is due to Microsoft's investment in AI, including a partnership with OpenAI and the development of its own AI chips. The company is also launching Bing Chat Enterprise, a commercial version of Bing Chat with added data protection, at no additional cost. The news has led to a rise in Microsoft's share price.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:32 pm

UAL

United Airlines Holdings Inc (NASDAQ:UAL) has announced plans to expand its Asia-Pacific network, including launching the first direct flight from the continental U.S. to Manila. The company will also add more non-stop flights to Tokyo, Hong Kong, and Taipei starting in October. This will make UAL's transpacific network 50% more robust than all other U.S. airlines combined, excluding mainland China flights. In April, UAL expanded its South Pacific network by adding a direct flight to Christchurch, New Zealand. UAL shares are up 1.09% at $53.91.

Portfolio Pulse from Lekha Gupta

July 18, 2023 | 3:13 pm

TUR

USO

Saudi Arabia and Turkey have signed a Memorandum of Understanding (MOU) for cooperation in the energy sector. The MOU includes cooperation in production, marketing, and distribution of refined petroleum products.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:10 pm

RKLB

Rocket Lab has successfully launched seven satellites for NASA and commercial constellation operators, and also successfully recovered the rocket's booster. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:51 pm