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META

Sen. Josh Hawley and Congressman Mike Gallagher are calling for a ban on TikTok, citing its pro-Palestinian and anti-Israeli content. The New York Times reported higher engagement for #FreePalestine than Israeli hashtags on TikTok since an attack by Hamas on Oct. 7. Gallagher suggested China might be influencing content to favor Palestine, but no evidence was provided. The article also explores reasons for TikTok's user base leaning pro-Palestinian, including its young demographic and the app's absence in India, an ally of Israel. Meta Platforms' Instagram and Twitter see more pro-Israel content from Indian users, unlike TikTok.

Portfolio Pulse from Aaron Bry

November 10, 2023 | 9:57 pm

BYD

DIS

MGM

PDYPF

The Detroit Casino Council is urging the public to boycott four sports betting and online casino platforms associated with three casinos where workers are on strike. The platforms targeted for the boycott are FanDuel, ESPN Bet (soon to be launched), Hollywood iCasino, and BetMGM.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:54 pm

ATVI

MSFT

UBSFF

A lawsuit filed in Arkansas accuses Microsoft (MSFT), Electronic Arts (EA), Activision Blizzard (ATVI), Ubisoft (UBSFF), and Epic Games of enabling video game addiction to maximize profits. The suit, filed by a mother on behalf of her child, alleges the companies engaged in practices to get consumers addicted, including the use of loot boxes and pay-to-win transactions. The child spent $3,000 on in-game transactions, and the lawsuit seeks damages for injuries, economic loss, and legal fees. The case highlights industry practices and could have implications for the video game industry's monetization strategies.

Portfolio Pulse from Franca Quarneti

November 10, 2023 | 5:57 pm

GME

GameStop Corporation (NYSE:GME) has the potential to create a global peer-to-peer e-commerce platform for the gaming industry, leveraging its brand and NFT marketplace experience. The gaming industry, worth over $100 billion, includes video games, board games, card games, collectibles, and conventions. GameStop's notoriety from the 2021 stock events and its financial position with substantial cash and minimal debt could allow it to invest in this venture, potentially creating significant shareholder value and becoming the 'Etsy of all things game.'

Portfolio Pulse from Kevin Malone

November 10, 2023 | 5:49 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) has rolled out a new Xbox update that notifies players about games soon to leave the Game Pass service. The update provides a pop-up notification with the game's departure date, options to wishlist, and a 20% discount offer for purchase. This enhances user experience by streamlining the process of managing the gaming library. The update is applicable to both installed games and those played via cloud streaming.

Portfolio Pulse from Franca Quarneti

November 10, 2023 | 5:45 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, TSLA, and META, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential support and resistance levels for these assets and suggests monitoring for breakouts or reversals. The analysis is part of a membership service offering insights, watch lists, and mentorship for traders.

Portfolio Pulse from RIPS

November 10, 2023 | 5:27 pm

DIS

DKNG

PENN

The article covers various sports betting highlights, including odds for Shohei Ohtani's next MLB team from DraftKings (DKNG), Christian McCaffrey's touchdown streak, NCAA Football and Basketball betting updates, and a notable parlay win involving the Boston Celtics. Additionally, ESPN Bet, a sports betting platform through a partnership between ESPN (owned by Walt Disney Co. (DIS)) and PENN Entertainment (PENN), is set to launch on Nov. 14 in 17 states.

Portfolio Pulse from Chris Katje

November 10, 2023 | 5:14 pm

TSLA

James Macedonio, SVP at Blockstream, will participate in Benzinga's Future of Digital Assets event. Blockstream, known for its partnership with Tesla and Block to build a solar-powered mining operation, is developing its own ASIC miner with a 'special sauce' for cost control and efficiency. Despite an oversupply in the ASIC market, Blockstream is optimizing its product, with next-gen ASICs expected in the second half of 2024.

Portfolio Pulse from Stjepan Kalinic

November 10, 2023 | 5:10 pm

TWLO

On CNBC, Twilio CEO Jeff Lawson discussed engagement trends and consumer demand, which has led to the company's stock (TWLO) rising by 4% during the session.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 4:25 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) is incentivizing users to transfer assets to its platform by adding a 1% bonus to the brokerage cash balance, with no cap on earnings. This move comes as the company faces a 13% drop in Q3 stock trading transaction revenue year-over-year, a 16% decrease in monthly active users, and significant declines in crypto trading volumes. HOOD shares are currently up 2% but have fallen 16% over the past five days. Robinhood is expanding its offerings, including Robinhood Gold and retirement accounts, and its executives will speak at upcoming fintech events.

Portfolio Pulse from Khyathi Dalal

November 10, 2023 | 4:14 pm