Streetbeat News

Marketing

MDGS

Medigus has announced a corporate rebranding initiative, including changing its name to Xylo Technologies Ltd. The Nasdaq trading symbol will also change to 'XYLO'. This rebranding effort encompasses a new corporate logo and website.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 8:06 pm

DKNG

WBD

The University of Connecticut Huskies won their second consecutive NCAA Men's Basketball Championship, a feat not achieved since 2007. DraftKings Inc (NASDAQ:DKNG) had Connecticut as the betting favorite throughout the tournament, with odds starting at +340. The victory was broadcasted by TBS, a unit of Warner Bros. Discovery (NASDAQ:WBD). A $100 bet on Connecticut at the start of the tournament would have yielded a $340 profit. Connecticut's dominant performance sets a new NCAA Tournament point differential record of +140.

Portfolio Pulse from Chris Katje

April 09, 2024 | 7:15 pm

META

Twelve years ago, Facebook (now Meta Platforms Inc, NASDAQ:META) acquired Instagram for $1 billion, a move criticized by many including Jon Stewart for its high cost and Instagram's uncertain future. Despite initial skepticism, Instagram has grown into a key component of Meta's portfolio, contributing to its valuation of over $1 trillion. The acquisition, once mocked for its perceived overvaluation, is now considered one of the best technology-related acquisitions of all time.

Portfolio Pulse from Chris Katje

April 09, 2024 | 6:33 pm

UBSFF

Ubisoft SA accidentally leaked the release date and details for Star Wars Outlaws, set for August 30, 2024. The leak included information on Gold and Ultimate editions, both offering a Season Pass and early access. Pre-orders come with the Kessel Runner Bonus Pack. The game, developed by Massive Entertainment, is the first open-world adventure in the Star Wars universe, set between The Empire Strikes Back and Return of the Jedi.

Portfolio Pulse from Franca Quarneti

April 09, 2024 | 5:29 pm

GOOG

GOOGL

MELI

NWS

Google showcased the utilization of its AI technology by various companies including News Corp and MercadoLibre, demonstrating the diverse applications of AI across different industries.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 5:17 pm

GOOGL

WMT

Walmart's Chief Technology Officer (CTO) delivered a presentation at the Google Cloud Next '24 keynote event, showcasing the collaboration between Walmart and Google Cloud.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 5:15 pm

GOOG

GOOGL

The opening keynote for Google Cloud Next '24 is available for viewing, showcasing the latest developments and future plans for Google Cloud.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:56 pm

AAPL

Apple Inc (AAPL) faces growth concerns in China, impacting shares post-Q1 financial results. Wedbush analyst Daniel Ives, maintaining a Buy rating and $250 price target, notes China's demand environment as challenging but suggests results could be better than feared. Ives highlights steady iPhone builds and strength in other regions balancing out China's soft performance. He emphasizes the importance of the Chinese market for Apple, suggesting the iPhone 16 release could turn the situation around. Despite challenges, Ives remains bullish on Apple, citing factors like potential growth in 2024, the Services segment, and AI plans.

Portfolio Pulse from Chris Katje

April 09, 2024 | 3:24 pm

FFIE

Faraday Future Intelligent Electric's stock is trading higher following the announcement of a new sales entity in Dubai, Middle East.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 3:17 pm

TLRY

The anticipation for the 4/20 cannabis festivities is high, with predictions of a significant increase in consumer traffic and sales. Retailers are focusing on strategic promotions and online ordering to enhance the shopping experience. Tilray Brands (NASDAQ:TLRY) is leading with new products across its brands. Dr. Dabber introduces innovative vaporizers with advanced technology. The Benzinga Cannabis Capital Conference in Florida is highlighted as a key event for industry networking and growth.

Portfolio Pulse from Nicolás Jose Rodriguez

April 09, 2024 | 2:29 pm