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DOCS

PACB

VEEV

Arelis Agosto, a research analyst at Global X ETFs, sees investment opportunities in health-care companies leveraging AI technology. She recommends Pacific Bioscience of California (PACB), Veeva (VEEV), and Doximity (DOCS) as AI's application to the health-care space is still in its infancy.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:08 pm

AMD

NVDA

Advanced Micro Devices (AMD) shares rose after its Data Center and AI Technologies event, where it unveiled the MI300X GPU and raised its AI accelerator TAM outlook to $150 billion by 2027. Analysts from Mizuho Securities, Raymond James, Wedbush, KeyBanc Capital Markets, and Bernstein provided their takeaways and updated price targets.

Portfolio Pulse from Priya Nigam

June 14, 2023 | 4:05 pm

IBM

IBM plans to upgrade all its quantum systems to large-scale processors, aiming to improve performance and scalability, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:59 pm

CUEN

CUENW

Cuentas, Inc. (NASDAQ:CUEN) (NASDAQ:CUENW) announces plans to accelerate its Cuentas Casa sustainable community development initiatives with two new land purchase agreements in Florida, totaling 55+ acres and 670+ apartments. The company aims to leverage its cost-efficient, alternative building technologies to grow more aggressively in the challenging market.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:42 pm

AMZN

GOOG

GOOGL

MSFT

ORCL

Oracle Corporation reported better-than-expected fiscal Q4 results and revenue guidance, with $13.84 billion in revenue, a 17% YoY growth. The company's cloud services and license support revenue grew 23% to $9.37 billion, while cloud infrastructure revenue expanded 76% to $1.4 billion. Oracle also partnered with start-up Cohere to bring generative artificial intelligence to its cloud service.

Portfolio Pulse from Upwallstreet

June 14, 2023 | 3:40 pm

INOD

Innodata announced the start of generative AI training dataset development for a leading cloud infrastructure and platform services company, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:20 pm

FB

Facebook is testing the ability to cross-post Instagram branded content reels and stories to Facebook, potentially increasing ad revenue and user engagement. This move could benefit Meta Platforms, Inc., the parent company of both platforms.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:10 pm

WETG

WeTrade shares are trading higher following the announcement of the launch of a large-scale AI-generated language model to expand product applications in the artificial intelligence field.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 2:49 pm

NNOX

Nanox Vision announced the deployment of its Nanox.ARC Medical Imaging System at CHU University Hospital in Marrakech. The system is operational and has begun scanning human patients, expanding Nanox's presence in Africa and improving medical imaging access.

Portfolio Pulse from Happy Mohamed

June 14, 2023 | 2:45 pm

IOBT

MRK

IO Biotech has randomized 225 patients in its global Phase 3 clinical trial for IO102-IO103, in combination with Merck's Keytruda, in patients with advanced melanoma. The company plans to increase the number of patients enrolled by 80 to 380, potentially accelerating the time to reach the primary endpoint of progression-free survival. IOBT shares are down 27.40%.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 2:42 pm