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SIRI

SiriusXM announced the launch of a dedicated Taylor Swift channel from April 7 through May 6. This channel will feature Taylor Swift's music, including live performances, and special commentary. The initiative aims to engage Swift's extensive fan base and attract new subscribers to SiriusXM.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:16 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is at risk of reporting its first revenue and earnings per share (EPS) decline in a decade during the March 2024 quarter, primarily due to a significant drop in iPhone sales in China. Loop Capital analyst Ananda Baruah has lowered Apple's stock target price to $170 from $180, maintaining a 'Hold' rating. The decline in sales is attributed to a 30% year-over-year decrease in iPhone sales in China, amidst a 7% overall decline in the country's smartphone sales. Despite these challenges, upcoming AI developments and the Vision Pro headset sales could potentially boost Apple's stock.

Portfolio Pulse from Rounak Jain

April 02, 2024 | 8:26 am

AB

SCGLF

SCGLY

AllianceBernstein and Societe Generale have officially launched Bernstein, a new entity focused on leading in the cash equities and research sector. This strategic move aims to leverage the strengths of both firms to establish a dominant position in the market.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 5:47 am

DOGEUSD

Crypto analyst Kaleo highlighted a potential repeat by Elon Musk of last year's move that significantly boosted Dogecoin's (DOGE) value around April Fool's Day. Musk had changed the Twitter (now X) logo to Dogecoin, causing a surge in its price. Despite Musk's silence on Dogecoin this year, speculation is rife about a possible repeat. Dogecoin, known as a pioneer meme coin, has seen a 125% increase since the start of 2024, with a 42.6% gain over the last 30 days.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 2:36 am

HYMTF

KIMTF

TSLA

Hyundai Motor Co and Kia Corp are intensifying their electric vehicle (EV) efforts to compete with Tesla Inc, according to Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management. Despite being cheaper, Gerber believes these EVs are not as good as Tesla's offerings. The South Korean government is supporting Hyundai and Kia with new EV policies, while Tesla continues to face challenges, including concerns about a potential production slump.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 1:45 am

NTDOY

Ed Wu, senior VP of Pokémon Go, discussed the game's future, teasing major updates and a focus on growth as it approaches its 10th anniversary. Developed by Niantic, a subsidiary of Alphabet, in partnership with Nintendo ADR (NTDOY) and The Pokémon Company, Pokémon Go plans to revamp its Avatar system and introduce significant features in 2024. Wu emphasized the game's ongoing investment to ensure its longevity and addressed technical improvements and monetization strategies.

Portfolio Pulse from Franca Quarneti

April 01, 2024 | 9:12 pm

SIGA

SIGA Technologies has amended its international promotion agreement with Meridian Medical, taking primary responsibility for promoting oral TPOXX in specific territories, including the European Union. The amendment extends the promotion agreement by two years and maintains Meridian's contract with the European Commission's DG Health Emergency Preparedness and Response Authority (HERA).

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:07 pm

ALGN

Align Technology, Inc. (ALGN) has launched its Invisalign Palatal Expander System in Australia and New Zealand, marking the product's availability for skeletal and dental expansion in growing patients. This system, which is an alternative to traditional metal and screw expanders, is designed for use with Invisalign First aligners to provide a comprehensive early intervention treatment. The product has been registered in the Australian Register of Therapeutic Goods and the New Zealand Web Assisted Notification of Devices Database, covering a broad range of patients including children, teens, and adults. The Invisalign Palatal Expander System utilizes direct 3D printing and AI-driven orthodontic software for customization, aiming to improve treatment efficiency and patient experience.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 7:03 pm

TONUSD

Telegram has launched a new advertising system powered by Toncoin (CRYPTO: TON), allowing channel owners with over 1,000 subscribers to earn 50% of ad revenue. This system emphasizes privacy and creator revenue sharing, offering a unique alternative in social media advertising. The system's success and its impact on social media monetization will be further discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Murtuza Merchant

April 01, 2024 | 5:52 pm

BABA

CGRO

JD

PGJ

TCEHY

Alibaba Cloud's livestream event, featuring influencer Luo Yonghao, attracted over 2.3 million viewers and around 1,000 companies interested in its cloud computing solutions. This event is part of Alibaba's strategy to expand its cloud computing market share, amidst a price war with competitors like Tencent Holding and JD.Com. Despite recent price cuts, Alibaba Cloud aims for long-term growth through economies of scale. Alibaba's stock, along with related ETFs Invesco Golden Dragon China ETF and Tidal Trust II CoreValues Alpha Greater China Growth ETF, could be impacted by these developments.

Portfolio Pulse from Anusuya Lahiri

April 01, 2024 | 2:48 pm