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PANW

VTI

Palo Alto Networks Inc (NASDAQ:PANW) shares rose after announcing an expanded AI partnership with Google Cloud, making Google Cloud its AI and infrastructure provider of choice. The deal, described as a ten-figure, multi-year commitment, strengthens Palo Alto's position as Google Cloud's preferred next-generation firewall provider. This partnership, which began in 2018, aims to enhance cybersecurity through AI-driven solutions and zero-trust network security.

Portfolio Pulse from Adam Eckert

April 09, 2024 | 7:30 pm

BMR

NVDA

Beamr Imaging Ltd. (NASDAQ:BMR) shares surged after announcing a demonstration of a real-time video optimization application with Nvidia Corporation's (NASDAQ:NVDA) Holoscan for Media at the NAB Show 2024. The application aims to enhance live-streaming video and 4K streaming capabilities, potentially improving user experience and reducing costs for enterprises. Beamr's stock was halted due to the positive reaction and has seen significant trading volume increase.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 7:28 pm

BMR

Beamr Imaging announced plans to demonstrate a real-time video optimization application with NVIDIA's Holoscan for Media, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 7:25 pm

BILI

Bilibili Inc – ADR (NASDAQ:BILI) shares increased by 6.32% to $11.78 amid broader strength in Chinese stocks, potentially influenced by U.S. Treasury Secretary Yellen's visit to China and upcoming inflation data. Yellen's discussions in China focused on economic relations and concerns over China's manufacturing overcapacity. Wall Street analysts generally rate BILI as a Buy, with expectations of varied performance in the coming year. Bilibili's stock has risen 5.71% in the past three months, with a slight revenue increase of 0.42% over the past year.

Portfolio Pulse from Henry Khederian

April 09, 2024 | 7:22 pm

DOGE-USD

Dogecoin (DOGE) experienced a 7% decrease in value over the past 24 hours, amidst significant whale movements and a clarification by Dogecoin contributor Mishaboar about a misconception regarding Dogecoin's distribution. Mishaboar identified a wallet believed to hold 30% of Dogecoin's supply as Robinhood's cold wallet, used for holding DOGE on behalf of its users. He criticized the spread of misinformation by figures like Binance co-founder Changpeng Zhao. The situation highlights the importance of conducting thorough research in the crypto market.

Portfolio Pulse from Khyathi Dalal

April 09, 2024 | 7:22 pm

NIO

TSLA

XPEV

Nio, Inc. (NIO) and XPeng, Inc. (XPEV) shares are trading higher amid strength in Chinese EV stocks, potentially influenced by U.S. Treasury Secretary Janet Yellen's visit to China and upcoming inflation data. Yellen's productive talks in China and anticipation for the Consumer Price Index data are key factors. Additionally, a report last week boosted Chinese EV stocks by claiming Tesla, Inc. (TSLA) had scrapped plans for a low-cost EV, though this was denied by Elon Musk. A forecast for NIO's stock in 2030 suggests a potential trade at $4.03, based on past performance and trend analysis.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 7:22 pm

GOOG

NVDA

Nvidia Corp (NASDAQ:NVDA) shares are trading lower due to reports of Alphabet Inc (NASDAQ:GOOG) developing its own AI chips, named Axion, to reduce reliance on external vendors like Nvidia. This development, alongside anticipation of the March CPI report indicating potential inflation increase, has contributed to the downward movement of Nvidia's stock. Alphabet's Axion chips are expected to enhance performance by up to 30% and become available to external customers later this year.

Portfolio Pulse from Adam Eckert

April 09, 2024 | 7:21 pm

VFF

Village Farms International, Inc. (NASDAQ:VFF) has regained compliance with NASDAQ's minimum bid price requirement, avoiding delisting by maintaining a closing bid price of $1.00 per share. This achievement comes after a 180-day extension granted by NASDAQ on October 18, 2023. Despite challenges in the cannabis sector, including market saturation and competition, VFF's resilience and strategic adjustments have positioned it for growth, as evidenced by its Q4 2023 performance.

Portfolio Pulse from Rolando García

April 09, 2024 | 7:17 pm

GPK

Graphic Packaging Holding (NYSE:GPK) has seen an 18.09% increase in short interest since its last report, with 13.81 million shares sold short, representing 4.57% of its float. This indicates a bearish market sentiment, although it's higher than the peer group average of 2.96%. The article suggests that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 7:15 pm

GPN

Global Payments (NYSE:GPN) has seen a 5.99% increase in its short percent of float since the last report, with 7.18 million shares sold short, representing 2.83% of available shares. It would take about 3.09 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but GPN has less short interest than its peer average of 5.19%. This could be interpreted in various ways, including potential bullishness.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 7:15 pm