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MRIN

WMT

Marin Software has expanded its support to include Walmart Connect's Sponsored Brands, a unique ad unit designed to increase brand visibility and customer engagement. This integration allows advertisers to manage their campaigns alongside other major retailers on Marin Software's platform, offering extensive campaign management and optimization capabilities.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 6:21 pm

REGN

Regeneron Pharmaceuticals has announced an agreement with the Biomedical Advanced Research and Development Authority (BARDA) to support the development of a next-generation COVID-19 monoclonal antibody therapy. The agreement is part of 'Project NextGen,' an initiative by the U.S. Department of Health and Human Services to advance new vaccines and therapeutics for COVID-19. The new contract has an estimated value of up to approximately $326 million of government funding.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 6:18 pm

BUD

STZ

Bud Light, a product of Anheuser-Busch InBev (BUD), has been dethroned as the nation's best-selling beer by Modelo, a product of Constellation Brands (STZ), following a fiasco involving Dylan Mulvaney.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 5:11 pm

MSFT

Microsoft has introduced the Public Preview of Python in Excel, allowing users to integrate Python and Excel analytics within the same Excel grid. The new feature combines Python's data analysis and visualization libraries with Excel's features. Microsoft has partnered with Anaconda, a leading Python repository, to leverage its distribution for Python running in Azure. The Python in Excel feature runs on the Microsoft Cloud with enterprise-level security.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:58 pm

KUBTY

NVDA

Kubota Corporation is planning to launch Japan's first remote-monitored autonomous tractors by 2026. The company is aiming to develop a system that allows one operator to control multiple tractors from a remote location. The article also mentions NVDA, but does not provide any specific details.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:47 pm

LNVGY

NVDA

VMW

Lenovo and VMware have expanded their partnership to bring new Nvidia-powered turnkey generative AI and multi-cloud solutions to businesses. The new Lenovo ThinkSystem generative AI solution with VMware Cloud features NVIDIA-accelerated computing and software to deliver a GPU-dense platform for next-generation AI workloads. The companies have also set up joint innovation labs to deliver ready-to-go, hybrid multi-cloud solutions to the commercial mid-market and enterprise. Additionally, the new Lenovo TruScale Hybrid Cloud with VMware will enable intelligent cloud transformation on demand.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 4:31 pm

JPM

LVMUY

Sephora, a unit of LVMH-Moet Hennessy Louis Vuitton SA (OTC:LVMUY), is the first J.P. Morgan Payments customer to promote Tap to Pay on iPhone. The application allows merchants to accept contactless payments using their iPhones without needing a dedicated payments card reader. J.P. Morgan Payments plans to expand Tap to Pay on iPhone to U.S. merchants over the next year.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2023 | 4:17 pm

ARCO

BLNK

MCD

Blink Charging Co (NASDAQ:BLNK) has signed an agreement with Arcos Dorados Holdings Inc. (NYSE:ARCO), a McDonald's Corporation (NYSE:MCD) franchisee, to provide EV charging solutions to five restaurants in Puerto Rico. The Blink-owned IQ 200 pedestal chargers will be installed at Arcos Dorados franchises throughout Puerto Rico starting from August 2023. Blink has sold or deployed 2,138 chargers across eight countries in LATAM since 2020.

Portfolio Pulse from Shivani Kumaresan

August 22, 2023 | 4:08 pm

AMZN

SPIKE

Amazon.com, Inc (NASDAQ:AMZN) launched its Fire TV Channels app to compete with Netflix, Inc and Walt Disney Co. Despite this, the stock has been in a downtrend since August 4. S&P Global Ratings downgraded several U.S. banks, which may have affected Amazon's stock. Wedbush analyst Michael Pachter assumed an Outperform rating on Amazon and announced a price target of $180, suggesting a 32% upside for the stock. However, if Amazon continues to trend lower, it could signal increased volatility in the stock market.

Portfolio Pulse from Melanie Schaffer

August 22, 2023 | 3:48 pm

ASAN

Asana's shares are trading higher following the announcement of new intelligent product capabilities. These enhancements are expected to revolutionize how Project Management Office (PMO) teams drive strategic alignment and build smarter enterprise processes that scale.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 3:41 pm