6 Top Performing Technology Stocks That Can't Be Ignored

With innovations happening at the blink of an eye, it can be daunting to keep up with the latest tech trends. These are the hottest technology stocks at the moment, make sure you don't miss out!

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

Elon Musk Touts Successful 100 Days Of First Neuralink Implant Even As Company Admits Malfunction: 'Threads Retracted From the Brain'

Ananya Gairola
May 08, 2024

Elon Musk, the founder of Neuralink Corp, on Wednesday, hailed the successful 100-day milestone since the first human implant of the company’s brain-computer interface or BCI. However, in the blog post shared by Neuralink, the startup has also acknowledged a malfunction in the system.

What Happened: Musk took to X, formerly Twitter to share the news of the 100-day milestone since the first human implant of Neuralink. The company’s official handle also posted about the achievement, saying, “We've just passed 100 days since the first participant in our clinical trial received his Neuralink implant.”

See Also: ‘Have You Used Siri Lately?’ Elon Musk Answers MKBHD After Tim Cook Teases ‘Exciting’ AI Developments From Apple This Year

The first participant, Noland Arbaugh, received the implant at the Barrow Neurological Institute in Phoenix, Arizona. The surgery was successful, and Arbaugh was able to return home the following day.

However, the company also revealed that part of the implant malfunctioned after the initial procedure. “In the weeks following the surgery, a number of threads retracted from the brain, resulting in a net decrease in the number of effective electrodes. This led to a reduction in BPS,” Neuralink stated. This development was first highlighted by CNBC.

Despite this setback, Neuralink said that it made adjustments to the recording algorithm, improved the user interface, and worked on enhancing signal translation into cursor movements. “These refinements produced a rapid and sustained improvement in BPS, that has now superseded Noland's initial performance.”

Neuralink did not immediately respond to Benzinga’s request for comments.

The startup reportedly considered removing the implant but ultimately decided against it, as the issue did not pose a direct risk to Arbaugh’s safety, according to The Wall Street Journal.

Arbaugh, who uses the BCI system for up to 10 hours a day, has reported significant benefits, describing the Link as a “luxury overload” that has helped him “reconnect with the world.”

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: In March, it was reported, that the scientific community has also voiced apprehensions regarding the device’s long-term effectiveness and safety. Experts are eager to observe if there’s any degradation in the quality of neuronal signal detection over time, a prevalent challenge in current BCI technology. The durability and dependability of Neuralink’s implant are pivotal queries as the technology advances.

Meanwhile, Synchron Inc., a company backed by Jeff Bezos and Bill Gates, is also reportedly advancing toward a pivotal clinical trial for its brain implant technology. This development could potentially rival Neuralink and pose a challenge to Musk’s company in the BCI industry.

Photo courtesy: Shutterstock

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next: 

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Popular

Plan to boost Uber and Lyft driver pay in Minnesota advances in state Legislature

ST. PAUL, Minn. (AP) — A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature on Sunday, hours before the deadline for lawmakers to pass bills before they adjourn.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

2024 NFL Schedule Unpacked: Media Partners Win, Taylor Swift Tour Dates Considered, New Betting Odds And More

Media companies could continue to win big with NFL rights deals. A look at the key primetime 2024 NFL games and betting odds to win Super Bowl LIX.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Top 3 Real Estate Stocks That Are Set To Fly

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.

Buffett Says No Other Americans Would Have Had To Pay Even A Dime In Federal Taxes If This Had Happened

Warren Buffett suggests that federal taxes will likely increase given the country's precarious fiscal position, and he expressed Berkshire's willingness to cover the tax bill it faces.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Stock market today: Asian shares advance after another round of Wall St records

Asian shares were mostly higher on Thursday after U.S. stocks rallied to records on hopes that back in the right direction.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Biden Administration Unveils $285M Funding For Semiconductor Institute

President Biden's administration initiates a $285 million federal fund to pioneer a digital twin technology institute for semiconductors. This step, in line with the Chips and Science Act, aims to bolster US chip technology, reducing reliance on global supply chains.

Billionaires Are Now FLOODING Into Gold - Ad

Ray Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5).

Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering

SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Nvidia, MicroStrategy, Cisco, Chubb, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices surged on Wednesday, with the Dow Jones Industrial Average climbing 0.9% to 39,908, the S&P 500 increasing almost 1.2% to 5,308.15, and the Nasdaq rising 1.4% to 16,742.39. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Demand Soars For Novo Nordisk's Weight-Loss Drug Wegovy Despite Supply Constraints And Eli Lilly Competition

The Danish pharmaceutical company is now shipping more introductory doses of Wegovy to the U.S., as it grapples with supply constraints and competition from Eli Lilly.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept

US stock markets closed higher, driven by strong earnings and mild inflation data. Asian markets also gained, while eurozone and oil prices dipped.

America Just Hit a Grim Milestone - Ad

Nearly half of U.S. households currently hold no retirement savings. Retirement expert Dr. David Eifrig says what happens next will separate a small number of winners from a very large number of losers. Learn how to protect yourself and your money with his four simple steps that he shares right here.

Colombia breaks diplomatic ties with Israel but its military relies on key Israeli-built equipment

BOGOTA, Colombia (AP) — Colombia has become the latest Latin American country to announce that it over its military campaign in Gaza, but the repercussions for the South American nation could be broader than for other countries because of longstanding bilateral agreements over security matters.

Angel Reese, Cardoso debuts watched widely on fan's livestream after WNBA is unable to broadcast

The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media who stepped in when the league's app couldn't broadcast the game.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Federal Judge Indefinitely Postpones Donald Trump's Classified Documents Trial

The trial of ex-President Donald Trump for retaining classified documents has been postponed indefinitely by a federal judge.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu's Chart Forms Powerful Technical Patterns

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.

Pro-Bitcoin President Javier Milei's Argentina Introduces 10,000-Peso Notes As It Combats Hyperinflation, Currency Collapse

To address severe inflation and currency devaluation, Argentina under President Javier Milei, known for his pro-Bitcoin (CRYPTO: BTC) stance, has introduced 10,000 peso notes. The new bills, worth approximately $11, are expected to alleviate the burden of carrying large amounts of cash.

PASSIVE INCOME (by this evening) - Ad

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Three groups are suing New Jersey to block an offshore wind farm

LONG BEACH TOWNSHIP, N.J. (AP) — Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service