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Microsoft Corp (NASDAQ:MSFT) has entered a multi-year partnership with French AI start-up Mistral AI, granting Mistral access to Azure AI infrastructure for developing large language models (LLMs). This collaboration aims at global market expansion and includes Microsoft taking a minor stake in Mistral. Additionally, Mistral is working with Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) to distribute its models. Microsoft also introduced AI-powered photo editing features in Windows 10, with plans for Windows 11 support.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:42 pm

BHP

GLNCY

VALE

The nickel industry is facing a prolonged period of oversupply, leading to production cutbacks by major miners like Nornickel, BHP Group, Glencore, and Vale in response to falling prices and high operating costs. These cutbacks are aimed at supporting market prices and managing costs amid weak demand from the stainless steel and EV sectors. Several companies have recorded significant impairment charges, and some are considering operational adjustments to navigate the challenging market conditions.

Portfolio Pulse from Matt Whittaker

February 26, 2024 | 6:32 pm

COIN

DOGEUSD

Dogecoin (DOGE) is up 2.2% to $0.087, with altcoins and crypto stocks rising due to Bitcoin's increase to $53,400. Coinbase shares surged 48% in a month, driven by Bitcoin ETF approvals and institutional interest, despite recent Bitcoin outflows.

Portfolio Pulse from Henry Khederian

February 26, 2024 | 6:31 pm

NFLX

Over the past 15 years, Netflix (NASDAQ:NFLX) has significantly outperformed the market, with an annualized return of 22.96% and an average annual return of 37.07%. An investment of $1000 in NFLX 15 years ago would be worth $119,951.67 today. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 6:30 pm

ORCL

Over the past 5 years, Oracle (NYSE:ORCL) has outperformed the market with an annualized return of 16.27%, turning a $100 investment into $214.08 today. Oracle's market capitalization stands at $307.36 billion, highlighting the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 6:30 pm

AMGN

LLY

NVO

PFE

Goldman Sachs highlights Amgen Inc's (NASDAQ:AMGN) potential to unlock multi-billion dollar markets in 2024, despite concerns over long-term growth. Key catalysts include updates on obesity treatment MariTide, inflammation and immunology, oncology, and rare diseases. Amgen's stock is seen as favorably positioned with a Buy rating and a $350 price target. The company's exploration of an oral obesity treatment option is noted amidst competition from Novo Nordisk, Eli Lilly, and Pfizer.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:25 pm

ALK

RYAAY

Ryanair Holdings Plc is facing potential disruptions to its summer schedule due to Boeing Co's delivery delays of the 737 Max 10 models, with an expected reduction from 57 to around 50 aircraft by the end of June. This situation may lead to minor schedule cuts and a decrease in passenger forecast from 205 million to 200 million for the financial year starting in April. CEO Michael O'Leary expressed frustration and is discussing compensation with Boeing, also hinting at possible ticket price increases.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:20 pm

MRK

NGM

NGM Biopharmaceuticals Inc (NASDAQ:NGM) is trading lower after The Column Group, its largest stockholder, agreed to acquire it for $1.55/share, an 80% premium over its last closing price before the acquisition announcement. This acquisition values NGM Bio at $135 million. NGM Bio's stock volume surged to 1.9 million, surpassing its average of 1.02 million. Despite recent challenges, including a significant workforce reduction and a failed Phase 2 trial, NGM Bio had previously reported encouraging data from a study in collaboration with Merck & Co Inc (NYSE:MRK).

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:15 pm

MLGO

MicroAlgo (NYSE:MLGO) has seen a significant increase in short interest, with a 181.63% rise since the last report, reaching 385 thousand shares or 1.38% of the float. This indicates a bearish market sentiment towards MLGO, although it has less short interest compared to its peers' average of 2.29%. The increase in short interest can be a complex indicator, potentially bullish under certain conditions.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 6:15 pm

ADI

Analog Devices (NYSE:ADI) has seen an 8.59% increase in its short percent of float since the last report, with 6.86 million shares sold short, representing 1.39% of its available trading shares. It would take about 2.14 days to cover these short positions. This rise in short interest indicates a more bearish market sentiment towards ADI, although it has less short interest compared to its peer group average of 3.50%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting more on its decline.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 6:15 pm