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HSAI

NVDA

Xiaomi has launched its first electric vehicle, the SU7, featuring Hesai's AT128 lidar technology. This marks Xiaomi's entry into the electric vehicle market, with the SU7 Pro and Max versions showcasing advanced intelligent driving capabilities powered by NVIDIA's DRIVE Orin platform and Hesai's lidar. Over 88,898 reservations were made on the first day, with deliveries starting soon. The collaboration between Xiaomi and Hesai emphasizes their commitment to advancing intelligent driving technology.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:32 pm

ACOR

Acorda Therapeutics has initiated voluntary proceedings under Chapter 11 of the United States Bankruptcy Code as of April 1st, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:30 pm

PIK

Kidpik Corp. shares surged following the announcement of a merger agreement with Nina Footwear. This strategic move could potentially expand Kidpik's market presence and product offerings, leveraging Nina Footwear's established brand and distribution channels.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:28 pm

RDDT

Reddit shares are experiencing a decline due to ongoing volatility after the company's recent Initial Public Offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:28 pm

AINC

Ashford Inc. shares are experiencing an uptick following the company's announcement of a reverse stock split and a strategy for delisting. This move is aimed at consolidating shares and potentially exiting the public market.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:24 pm

ANGH

Anghami's stock price increased following the announcement of completing its transaction with OSN+. This development could signal a positive outlook for Anghami, as partnerships or acquisitions often aim to enhance a company's offerings or market position.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:22 pm

COIN

LEVI

NVDA

SNAP

Notable insider sales were reported for Nvidia, Coinbase Global, Snap, and Levi Strauss. These sales could indicate various strategic decisions by insiders. Snap's General Counsel sold shares after a repurchase announcement, Levi Strauss' Director sold shares ahead of a financial report, Nvidia's Director sold after a price target increase, and Coinbase's President and COO sold shares following a legal setback.

Portfolio Pulse from Avi Kapoor

April 02, 2024 | 12:22 pm

GAN

GAN Limited (NASDAQ:GAN), a leading B2B and B2C internet gaming and sports betting provider, has officially appointed Mr. Brian Chang as Chief Financial Officer. Chang, who has been serving in an interim capacity since November 2022, brings extensive experience in financial reporting and process optimization. His focus will be on guiding GAN towards a successful merger with Sega Sammy Creation, Inc. Chang's appointment is backed by the board and is seen as a key step towards the merger's completion.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:21 pm

CAE

KULR

KULR Technology Group, Inc. (NYSE:KULR) has secured a contract worth over $1 million from H55 Inc. for its Thermal Runaway Shield (TRS) technology, aimed at enhancing safety in electric propulsion systems (EPS). The technology will be used in systems for major firms like Pratt & Whitney and CAE Inc. (NYSE:CAE), meeting EASA's safety standards. The deal marks a significant step in electric aviation safety, with KULR's shares closing up 7.89% at $0.41.

Portfolio Pulse from Akanksha Bakshi

April 02, 2024 | 12:16 pm

MYSZ

My Size (NASDAQ:MYSZ) reported Q4 earnings with a loss of $(0.31) per share, missing the $(0.12) estimate, and sales of $2.83M, missing the $3.50M estimate. This represents an 81.98% improvement in losses and an 11.95% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:14 pm