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UBER

Smartcar has partnered with Uber Technologies to integrate EV battery level data into Uber's Driver app, reducing range anxiety for EV drivers. This feature will initially be available for select makes and models, with plans to expand. It aims to make EV rideshare more user-friendly and supports Uber's goal of becoming a zero-emission platform by 2030 in the U.S. and Canada, and carbon-free by 2040 globally. Uber is investing $800 million to assist drivers in transitioning to EVs, and Smartcar's technology enables battery range checks without additional hardware.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 3:08 pm

KSCP

Knightscope has started selling an Automated Gunshot Detection system, which could enhance its product offering and potentially increase its market share in the security technology sector.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:50 pm

BIVI

COCH

CPHI

FTCH

TGL

VVOS

U.S. stocks traded higher with the Nasdaq Composite gaining over 100 points. The U.S. economy grew by an annualized 5.2% in Q3, surpassing estimates. Vivos Therapeutics (VVOS) surged after FDA clearance for a sleep apnea device. China Pharma (CPHI) rose after completing testing for a dry eye device. Envoy Medical (COCH) gained following a Q3 profit report. BioVie (BIVI) dropped after Phase 3 trial data for an Alzheimer's drug. Treasure Global (TGL) fell post-pricing of a public offering. Farfetch (FTCH) declined after postponing its Q3 financial results announcement.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 2:48 pm

GM

GM CEO Mary Barra announced on Bloomberg TV that the company is planning to offer affordable electric vehicles (EVs).

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:47 pm

FREY

Freyr Battery (NYSE:FREY) shares are experiencing an uptick following an operations update where the company reported successful automated cathode casting runs, a critical step towards starting automated production at its plant. The positive update comes shortly after Freyr announced organizational changes to enhance long-term shareholder value.

Portfolio Pulse from Adam Eckert

November 29, 2023 | 2:29 pm

CART

CMCSA

Instacart (NASDAQ:CART) has partnered with Peacock, NBCUniversal's streaming service, to offer Peacock Premium to all Instacart+ members in the U.S. at no extra cost. The partnership includes a custom ad spot featuring holiday scenes from popular shows and will be promoted across NBCUniversal platforms. Instacart+ membership provides benefits such as free delivery, credit back on pickup orders, and reduced fees. The partnership aims to enhance customer value during the holiday season, a peak time for TV viewing and grocery delivery.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:26 pm

SCBFY

Standard Chartered (OTC:SCBFY) predicts Bitcoin (CRYPTO: BTC) will reach $100,000 by 2024, citing increased market dominance and potential approval of spot ETFs for BTC and ETH in Q1 2024. The upcoming Bitcoin halving event in April 2024 is also expected to drive prices up. Bitcoin's price recently surpassed $38,000, influenced by positive inflation data and Federal Reserve policy. The COP28 will feature a Bitcoin mining delegation, indicating Bitcoin's growing relevance in global discussions.

Portfolio Pulse from Khyathi Dalal

November 29, 2023 | 2:25 pm

SOFI

Blockchain.com, a leading cryptocurrency platform, has entered into a definitive deal with SoFi Technologies, Inc., a digital personal finance company, to migrate all U.S. SoFi crypto accounts to Blockchain.com. The partnership aims to enhance the crypto experience for SoFi users by providing access to a broader range of digital tokens, advanced trading features, and educational resources. Blockchain.com's CEO, Peter Smith, emphasized the company's commitment to innovation and security in the crypto industry.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:18 pm

INFA

MDB

Informatica and MongoDB have expanded their global partnership to facilitate the development of a new class of cloud-native, Master Data Management (MDM) driven applications. This strategic partnership leverages Informatica's MDM SaaS solution and MongoDB Atlas to empower customers to create comprehensive 360-degree data-driven applications.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:17 pm

AMZN

WKME

WalkMe Inc. (NASDAQ:WKME) has announced that its Digital Adoption Platform (DAP) is now available on the AWS Marketplace. This move allows businesses to use their AWS account credits to purchase WalkMe's solutions, simplifying the buying process. The availability on AWS Marketplace is expected to extend WalkMe's market reach and provide customers with easier access to its digital adoption tools. The company emphasizes the importance of DAPs in successful digital transformation, with organizations planning to invest heavily in such solutions by 2025.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:08 pm