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SOUN

SoundHound (NASDAQ:SOUN) CEO Keyvan Mohajer shared his journey from Iran to leading a voice AI technology company. After immigrating to Canada and overcoming hardships, he pursued his passion for AI, leading to the creation of SoundHound. The company, which recently went public and completed its first acquisition of SYNQ3, focuses on voice AI for various applications, including drive-through technology. Despite challenges, Mohajer remains committed to innovation and the potential of voice AI.

Portfolio Pulse from Stjepan Kalinic

December 14, 2023 | 5:27 pm

TLSI

TriSalus Life Sciences' stock price has increased following the announcement that the Centers for Medicare & Medicaid Services (CMS) will provide reimbursement for its TriNav Infusion System, which has been assigned a New Technology Healthcare Common Procedure Coding System (HCPCS) code.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:27 pm

AMZN

Amazon's Project Kuiper has successfully tested its optical inter-satellite link (OISL) technology, achieving 100 Gbps links over 621 miles. This innovation will enable high-speed, secure connectivity for remote areas across land, sea, air, and space, with operational satellites expected in 2024. The technology is crucial for providing connectivity in areas where ground stations are not feasible, such as the ocean. AMZN shares saw a slight decrease of 0.40% to $148.25.

Portfolio Pulse from Nabaparna Bhattacharya

December 14, 2023 | 5:15 pm

GOOG

GOOGL

META

NWS

NWSA

NYT

Google's AI-enhanced search functionality is causing concern among publishers like the Atlantic, which relies on Google for 40% of its web traffic. A study suggests that AI-powered Google search could directly satisfy user inquiries 75% of the time, potentially reducing external site visits. Publishers fear a 20-40% loss in traffic from Google, which accounts for a significant portion of media traffic. The issue is compounded by Google's use of publishers' content to train its AI, raising legal and ethical questions. Publishers are in dialogue with Google, seeking protections and a balance between AI benefits and risks. Google's stock (GOOG) traded down by 0.99% recently.

Portfolio Pulse from Anusuya Lahiri

December 14, 2023 | 5:12 pm

AEHR

Aehr Test Systems' stock is trading higher following the announcement of an initial order for its FOX-NP wafer level test and burn-in system and a FOX WaferPak Aligner for use with gallium nitride power devices.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:10 pm

INTC

Intel Corporation's stock price is on the rise following the announcement of a new portfolio of artificial intelligence (AI) products. The launch of these products is expected to enhance Intel's offerings in the AI space, potentially increasing its competitiveness and market share.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:09 pm

AMZN

F

RIVN

T

TSLA

Rivian Automotive Inc (RIVN) is now able to sell its electric vehicles to customers other than Amazon (AMZN) after their exclusivity deal ended. Rivian announced a new deal with AT&T (T) for electric vans, trucks, and SUVs. Despite increased competition from Tesla (TSLA) and Ford (F), Rivian is seeing demand for its EVs and has raised its 2023 production target to 54,000 units. Ford has cut its F-150 Lightning production forecast, while Tesla has started a price war with its Cybertruck. Rivian reported better-than-expected Q3 revenue, contrasting with Tesla's results.

Portfolio Pulse from Upwallstreet

December 14, 2023 | 4:58 pm

CHWY

Chewy, Inc. (NYSE:CHWY) has announced the launch of 'Chewy Vet Care,' its new pet health practices, with the first location opening in South Florida early next year. The service will offer routine appointments, urgent care, and surgery, and is designed to provide a seamless healthcare experience for pets, pet parents, and veterinary professionals. Chewy Vet Care will utilize Chewy's proprietary technology platform and aims to address industry pain points such as burnout and lack of flexibility for veterinary staff. The initiative is part of Chewy's broader health offerings, which include a pet pharmacy, tele-triage service, insurance and wellness plans, and a range of health products.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 4:50 pm

NDAQ

Nasdaq's SVP Brandon Tepper reports a sustained high number of retail traders in the market post-pandemic. The Nasdaq uses data to analyze retail trading activity, with new brokers and tools indicating the segment's strength. Nasdaq is also leveraging AI for business automation and client services, reflecting its commitment to innovation in financial data.

Portfolio Pulse from Chris Katje

December 14, 2023 | 4:50 pm

BCYC

Bicycle Therapeutics' stock is trading lower following the announcement of data updates for their products BT8009, BT7480, and BT5528.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 4:48 pm