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AMZN

Amazon.com Inc (NASDAQ:AMZN) has shifted its healthcare strategy to offering discounted virtual doctor visits, moving away from previous ambitions to revolutionize American healthcare. The company has faced setbacks in healthcare ventures, discontinuing projects like Haven and Amazon Care, and scrapping its wearable health devices. Amazon's current healthcare approach involves One Medical, a primary-care chain it acquired, and PillPack, a mail-order pharmacy. Despite investments, Amazon has not significantly impacted the healthcare industry. Amazon also had a busy 2023 with 27,000 job cuts and restructuring, integrating AI technology across divisions. AMZN shares dropped by 0.89% to $146.42.

Portfolio Pulse from Anusuya Lahiri

November 28, 2023 | 3:41 pm

SRAD

Sportradar (SRAD) has announced a partnership with Sportsnet to deliver data-rich sports content to the Canadian market. This collaboration aims to enhance fan engagement by integrating Sportradar's comprehensive sports data and insights into Sportsnet's broadcasting and digital platforms. The partnership is expected to leverage Sportradar's expertise in sports data analytics to provide Canadian sports audiences with enriched experiences.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:39 pm

AMZN

BABA

Amazon.com Inc (AMZN) and Alibaba Group Holding Ltd (BABA) are compared as investment options. Amazon's subscription business is growing, and it has become the largest e-commerce delivery service in the U.S. Amazon has reduced the cost of One Medical service and plans to run ads on Prime Video. Despite potential labor strike risks, its revenue growth and profits are strong. Amazon's stock has risen 72.14% YTD, while Alibaba's has fallen 15.71%. Alibaba's P/E ratios are more attractive, but concerns over competition, economic downturns, and political influence persist. Analysts see a higher upside for Alibaba, but uncertainties keep Amazon as the preferred choice among investors.

Portfolio Pulse from Surbhi Jain

November 28, 2023 | 3:37 pm

GOOG

GOOGL

Google has announced that in February 2024, it will update its personalized ads policy to include new limitations on personalized ads for consumer financial products and services, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:37 pm

HOLO

MicroCloud Hologram Inc. (NASDAQ:HOLO) has announced a partnership with China's largest new energy vehicle company to provide a Generalized Streaming Media Control System (CMS). This agreement is expected to be a significant breakthrough for HOLO in the new energy vehicle sector. The Chinese company, which leads the world in new energy vehicle sales, has sold over 2.3 million cars this year. HOLO will deliver comprehensive holographic vision software and hardware solutions, including advanced driver assistance system (ADA) services, which could positively impact the financial performance of both companies.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:32 pm

ICCM

IceCure Medical Ltd. (NASDAQ:ICCM) stock is trading higher after an independent study showed its IceCure system has a 100% local control rate for re-treating initially resistant tumors. The study also noted a high patient discharge rate post-cryoblation and preservation of renal function. CEO Eyal Shamir compared the findings to their ongoing ICESECRET study. ICCM's trading volume surged following the news, with shares up 49%.

Portfolio Pulse from Erica Kollmann

November 28, 2023 | 3:18 pm

DXC

NOW

DXC Technology Company (DXC) and ServiceNow Inc (NOW) have expanded their strategic partnership to enhance global service and workflow management. The collaboration will integrate ServiceNow's analytics and AI into DXC's Platform X, aiming to improve insight generation, productivity, and efficiency for over 500 users. DXC, a ServiceNow Global Elite partner, will become a preferred partner for ServiceNow Professional Services and ServiceNow Impact. Both companies will also work to expand their global reach, with DXC holding over 1,900 ServiceNow certifications and investing in ServiceNow training and accreditation. DXC shares traded 0.50% lower at $22.97, and NOW shares traded 0.19% lower at $669.29.

Portfolio Pulse from Akanksha Bakshi

November 28, 2023 | 3:18 pm

DIS

Bob Iger, CEO of Walt Disney Company (NYSE:DIS), is set to meet with employees in a town hall meeting to discuss the company's future. Despite a slight recovery from nine-year lows in August, Disney shares are down 1% over the last year. The meeting will include executives from film, parks, ESPN, and television divisions, focusing on 'future building opportunities.' Disney's linear networks have struggled, but the company is investing in Disney+ and has acquired the remaining stake in Hulu. The ESPN segment has been separated to highlight its performance, and Disney is seeking a partner for growth. The film division's recent box office performance has been weak, with no $1 billion grossing movie recently and 'Wish' underperforming. The town hall aims to address concerns of both employees and shareholders.

Portfolio Pulse from Chris Katje

November 28, 2023 | 3:16 pm

ICCM

IceCure Medical's stock is trading higher following the announcement of a new study published in peer-reviewed journals, which demonstrates the safety and efficacy of its ProSense system.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:14 pm

MU

Micron Technology reported that increased expenses in Q1 are due to the timing of R&D expenses and asset sales. The company also noted progress in discussions with Chinese officials.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:03 pm