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ARKK

NVDA

Cathie Wood, founder of ARK Invest, praised Nvidia as a 'check-the-box' stock, highlighting its importance in the AI sector. She also mentioned that 90% of ARKK's holdings use AI with proprietary data.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 4:48 pm

BABA

BIDU

Alibaba shares are trading higher as Chinese stocks gain strength, with Baidu rising on expectations of the launch of its Ernie 3.5.

Portfolio Pulse from Bill Haddad

May 26, 2023 | 4:41 pm

NTES

NetEase (NASDAQ: NTES) receives Buy ratings from Benchmark, Citigroup, and UBS analysts, with price targets raised following the company's upbeat 1Q23 results. The company's game growth is attributed to the strong performance of Eggy Party and legacy titles, with multiple games set to launch in June and Harry Potter: Magic Awakened debuting internationally this summer. NetEase is also focusing on loss reduction and cash flow breakeven for its non-game segments.

Portfolio Pulse from Anusuya Lahiri

May 26, 2023 | 4:10 pm

AYX

ESTC

MDB

MSFT

SNOW

Citi analyst Tyler Radke attended Microsoft Build and was impressed with the company's AI-focused announcements. He reiterated a Buy rating on Microsoft's stock and expects the company to accelerate wallet share gains in the coming quarters. The analyst's takeaways were positive on MongoDB and Elastic, while he sees the Fabric announcement as potentially more disruptive to Snowflake and Alteryx.

Portfolio Pulse from Anusuya Lahiri

May 26, 2023 | 3:58 pm

VSTM

Verastem Oncology shares are trading higher after the company highlighted updated RAMP 201 trial data, which will be presented at the American Society of Clinical Oncology Annual Meeting.

Portfolio Pulse from Bill Haddad

May 26, 2023 | 3:49 pm

PDSB

PDS Biotechnology shares are trading higher following the announcement of positive 12-month survival data for PDS0101 in combination with KEYTRUDA.

Portfolio Pulse from Bill Haddad

May 26, 2023 | 3:37 pm

DMTTF

UK-based Small Pharma Inc. (OTCQB: DMTTF) has expanded its IP portfolio with numerous approved patent applications in North America, Australasia, and Europe. The company's psychedelic IP portfolio now consists of 14 granted patents with 87 granted or pending.

Portfolio Pulse from Lara Goldstein

May 26, 2023 | 3:30 pm

F

Ford shares are trading higher as the company plans to add Tesla's plug to its EVs, and the stock may also be up due to overall market momentum on debt ceiling hopes.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 3:25 pm

PLTR

Palantir Technologies announced its first AIPCon customer conference, focusing on the adoption of Palantir AIP, will be live streamed on June 1, 2023. The event will feature keynotes from Cisco, Cleveland Clinic, HCA Healthcare, Jacobs, J.D. Power, and Panasonic Energy of North America.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 3:25 pm

TSLA

Tesla has started delivering Model Y vehicles equipped with Hardware 4 (HW4), an improved version of its autonomous driving hardware. The updated hardware features distinctive red cameras with a higher resolution of 5 MP compared to the previous 1.3 MP.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 2:58 pm