Streetbeat News

Products Services

EVTL

Vertical Aerospace (NYSE:EVTL) announces a pre-order of up to 50 VX4 aircraft from South Korean mobility technology company Kakao Mobility, expanding Vertical's presence in the Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:33 am

NVDA

SMCI

Supermicro launches liquid-cooled NVIDIA HGX H100 servers, reducing data center power costs by up to 40%. The advanced cooling technology increases performance and lowers operating expenses, with up to 86% reduction in direct cooling costs.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:31 am

BA

Boeing announced orders for up to four ultra-long-range Boeing Business Jets (BBJ) from undisclosed VIP customers, including two BBJ 787-8s, one BBJ 737-7 jet, and an option to purchase a BBJ 777-9. The orders were shared at the European Business Aviation Convention & Exhibition in Switzerland.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:28 am

IDBA

IDEX Biometrics partners with DoelPay to expand its presence in Asia and bring biometric payment cards to Bangladesh. DoelPay is working with three of the largest banks in the country, expecting to offer biometric cards to consumers by Q4 this year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:19 am

ETHUSD

SHIBUSD

Shibarium, an Ethereum-based layer 2 platform for the Shiba Inu ecosystem, has made its Puppynet testnet publicly available, recording over 10.6 million transactions and 933,758 blocks. The network now has over 15 million wallet addresses and averages more than 300,000 transactions per day.

Portfolio Pulse from Mehab Qureshi

May 22, 2023 | 6:16 am

NVDA

Nvidia's stock has gained 114% YTD, making it the best-performing S&P 500 stock. The company has grown from a graphics card designer to a leading technology firm with a diverse product portfolio. Nvidia's GPUs are instrumental in training AI models like ChatGPT, and the rise of AI could represent a market opportunity in the multiple tens of billions of dollars annually for the company.

Portfolio Pulse from Shanthi Rexaline

May 22, 2023 | 5:36 am

XOM

Exxon has acquired a lithium prospect in Arkansas, aiming to produce the metal in preparation for the increasing demand for electric vehicles, according to the Wall Street Journal.

Portfolio Pulse from Charles Gross

May 21, 2023 | 11:43 pm

REGN

SNY

Regeneron Pharmaceuticals and Sanofi presented positive Phase 3 results for Dupixent, an investigational biologic for COPD, at the ATS International Conference. The trial showed a 30% reduction in moderate or severe acute exacerbations and improved lung function and quality of life.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2023 | 9:23 pm

GOOG

GOOGL

PLTR

ARK Invest's CEO Cathie Wood shared her optimistic outlook on AI at Fortune’s Most Powerful Next Gen conference, emphasizing the crucial role of natural language processing (NLP) in the rise of AI. She believes AI will augment productivity but may displace some workers. Wood also suggested that AI-driven technologies like ChatGPT could pose a threat to Google.

Portfolio Pulse from Michael Cohen

May 20, 2023 | 9:04 pm

TEVA

Teva Pharmaceuticals will present data at the American Psychiatric Association's 2023 Annual Meeting, demonstrating that UZEDY, an extended-release injectable suspension, significantly prolonged time to impending relapse for adults with schizophrenia. The FDA approved UZEDY on April 28, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2023 | 7:49 pm