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Revenues

AIQ

AVEM

BABA

Alibaba Cloud has introduced an AI programmer powered by its self-developed large language model to speed up app development. This innovation aims to reduce development time significantly, though it has received mixed reactions from human programmers. Alibaba's stock has faced challenges, losing 14% in the last year, but analysts predict a potential upside. Investors can gain exposure to Alibaba through ETFs like AVEM and AIQ.

Portfolio Pulse from Anusuya Lahiri

June 24, 2024 | 12:54 pm

AYRWF

CRLBF

CURLF

GTBIF

TCNNF

VRNOF

Florida's cannabis legalization amendment has shattered fundraising records, with Smart & Safe Florida raising over $40 million. Trulieve (OTCQX:TCNNF) has been the largest donor, contributing over $54 million. Other cannabis companies like Verano Holdings (OTCQX:VRNOF), Curaleaf Holdings (OTCQX:CURLF), AYR Wellness (OTCQX:AYRWF), Cresco Labs (OTCQX:CRLBF), and Green Thumb Industries (OTCQX:GTBIF) have also contributed. Despite opposition from Gov. Ron DeSantis, the amendment has strong public support.

Portfolio Pulse from Maureen Meehan

June 24, 2024 | 12:53 pm

AAPL

ANET

COHR

DELL

SMCI

JPMorgan analyst Samik Chatterjee highlights Apple, Arista Networks, Coherent Corp, Dell Technologies, and Super Micro Computer as top picks in the AI hardware sector. Apple is noted for its underappreciated potential in AI-led hardware upgrades, while Arista, Coherent, Dell, and Super Micro are recognized for their strong positions in high-margin AI segments.

Portfolio Pulse from Surbhi Jain

June 24, 2024 | 12:42 pm

RTH

SHOP

TGT

XLP

Target and Shopify have announced a partnership to feature Shopify merchants on Target Plus, expanding the digital marketplace with new products and brands. Target will also integrate select Shopify merchants' products into its physical stores. This collaboration aims to enhance the shopping experience and provide a broader array of high-quality options. Target and Shopify stocks are trading higher premarket.

Portfolio Pulse from Shivani Kumaresan

June 24, 2024 | 12:39 pm

RGF

Real Good Foods (NASDAQ:RGF) has launched its new Garlic Parmesan and Lightly Buttered Seasoned Chicken Breast Chunks in 4,000 Walmart stores nationwide.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:38 pm

ASNS

Actelis Networks has received new orders for its cyber-hardened hybrid-fiber networking solutions for airports in India, Japan, and Poland. These orders are part of a multi-year contract with SITA and follow recent orders from three military bases, a partnership with Carahsoft, and a delivery to the City of Bakersfield.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:37 pm

SLN

Silence Therapeutics (Nasdaq: SLN) will receive a $2 million milestone payment from Hansoh Pharma for achieving a second undisclosed milestone in their collaboration.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:35 pm

OSIS

OSI Systems has received an approximately $11 million order for its M6 Mobile Cargo and Vehicle Inspection Systems.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:33 pm

XELA

Exela Technologies shares are trading higher after the company announced a $35 million contract for security breach remediation.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:32 pm

XELA

Exela Technologies has announced a $35 million contract for security breach remediation.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:31 pm