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YouTube, owned by Alphabet Inc, is set to launch its first official shopping channel for live commerce in South Korea on June 30. The 90-day project will initially provide a live-commerce platform to companies and livestream shopping content from around 30 brands. South Korea's live commerce market is expected to reach $7.7 billion in 2023, with Naver Corp holding a 60% market share.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 1:14 pm

VZ

Verizon Business has launched Connected Car by Verizon, an in-car connectivity service for select BMW models in the U.S. The service offers voice, data, unlimited Wi-Fi hotspot connectivity, and additional features for $20 per month. Verizon customers can also access personalized connectivity features through the My BMW app.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:13 pm

AVGO

CSCO

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Cisco Systems has launched power-efficient networking chips for AI supercomputers, competing with Broadcom and Marvell Technology. Five of the six major cloud providers are testing chips from Cisco's SiliconOne series.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 1:11 pm

SILO

Silo Pharma has been awarded U.S. Patent 16/825,371 for its SPU-21 peptide-guided anti-arthritis drug, which selectively targets inflamed synovial tissue. The patent strengthens protection for the ongoing development of SPU-21 as a therapeutic agent for rheumatoid arthritis.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:08 pm

MSFT

PWSC

PowerSchool Holdings (NYSE: PWSC) announced its integration with Microsoft Azure OpenAI Service to use OpenAI's large language models within PowerSchool Performance Matters and PowerSchool LearningNav products. The collaboration aims to improve personalized learning in K-12 education by providing AI-generated assessments and learning pathways.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:07 pm

PIRS

Pieris Pharmaceuticals' shares are trading lower after AstraZeneca discontinued the Phase 2a trial of Elarekibep for asthma due to disappointing non-clinical safety findings.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 1:06 pm

GDDY

GoDaddy (NYSE:GDDY) has introduced an AI-powered tool for its Website Builder customers, allowing small business owners to save time on content creation. The tool provides content suggestions, auto-generates text, and matches color palettes to logos.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:06 pm

ASO

Academy Sports and Outdoors (ASO) plans to open two new stores in Greater Indianapolis this fall, expanding its presence in Indiana. The company also signed a multi-year deal to become a Proud Partner of the Indianapolis Colts.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:06 pm

AMRN

Amarin Corporation announced that its drug Vascepa has been approved to reduce cardiovascular risk in the Kingdom of Saudi Arabia. This approval expands the drug's market and may boost Amarin's revenues.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 1:05 pm

VACC

Vaccitech plc (NASDAQ:VACC) will present positive final data from the HBV002 clinical trial at the EASL Congress 2023. The trial evaluated VTP-300 in adults with chronic Hepatitis B, showing meaningful and durable reductions of HBsAg. VTP-300 led to a decline in HBsAg in adults with chronic Hepatitis B with either genotype B or C viruses.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:05 pm