Streetbeat News

Marketing

AAPL

Tim Cook's recent visit to China signifies Apple Inc.'s commitment to the region amidst declining sales and increasing regulatory pressures, including a DOJ lawsuit. The opening of Apple's largest store in Shanghai and meetings with key suppliers underscore the company's strategy to strengthen its presence in China despite geopolitical tensions and attempts to diversify its supply chain. Analysts view this move as crucial for Apple's future in China, where iPhone sales have dropped significantly.

Portfolio Pulse from Rounak Jain

March 26, 2024 | 8:10 am

SOLUSD

TSLA

Richard Dawkins, known for coining the term 'meme', received a cryptocurrency named after him, Dawkoin, as a birthday present. Elon Musk, CEO of Tesla and a cryptocurrency enthusiast, acknowledged this with a laugh. Dawkoin, which credits Dawkins as the 'father of MEMEs', has a total supply of 1 billion and can be bought by converting Solana (SOL) on the Raydium platform. Investors are advised to be cautious with meme coins like Dawkoin due to their speculative nature.

Portfolio Pulse from Ramakrishnan M

March 26, 2024 | 7:12 am

IFF

IFF is set to present its science-driven excipient solutions at CPhI Japan 2024, showcasing its commitment to innovation in the pharmaceutical industry.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 6:52 am

BSX

Scivita Medical has expanded its collaboration with Boston Scientific for strategic co-development and global distribution activities. This partnership aims to leverage both companies' strengths in medical technology and distribution networks to enhance their global market presence.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 5:51 am

GOOGL

META

SNAP

Chamath Palihapitiya, a billionaire tech investor, supports government regulation of social media for teenagers, citing mental health benefits. This follows Florida's new law banning social media use for children under 14 and requiring parental permission for ages 14 to 15. The law, supported by Governor Ron DeSantis, could influence other states and impact tech companies like Meta Platforms, Alphabet, and Snap.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 4:28 am

TSLA

Elon Musk announced a one-month free trial of the Full Self-Driving (FSD) feature for all eligible U.S. Tesla vehicles. This initiative aims to increase adoption and showcase the FSD system's capabilities, despite potential impacts on delivery timelines and amidst controversies surrounding the feature.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 3:48 am

MSFT

Phil Spencer, CEO of Microsoft Gaming, hinted at a potential entry into the handheld gaming market with an official Xbox handheld device. He discussed the importance of seamless integration of games and save files, and a vision for a full-screen Xbox app in a compact mode. The Xbox hardware team is exploring different hardware form factors for future Xbox hardware. Significant advancements in future hardware trajectory were hinted, with new Xbox hardware expected in the fourth quarter, described as 'the largest technical leap in a hardware generation'.

Portfolio Pulse from Franca Quarneti

March 25, 2024 | 11:27 pm

COIN

Dogwifhat (CRYPTO: WIF) surged 15%, challenging Floki Inu (CRYPTO: FLOKI) in valuation, with a notable increase in trading volumes and social activity. Investor Jake Gagain suggests Coinbase should list WIF, while MaxBecauseBTC, a financial market analyst, holds WIF as his largest meme coin investment, praising its performance. The upcoming Benzinga's Future of Digital Assets conference will discuss digital asset investments, highlighting the growing interest in meme coins like Dogwifhat.

Portfolio Pulse from Khyathi Dalal

March 25, 2024 | 8:36 pm

BTCUSD

Thomas Lee, co-founder of Fundstrat Global Advisors, accurately predicted Bitcoin's rise in 2018, suggesting it could reach $150,000 by capturing 1% of global assets. As of 2024, Bitcoin has surpassed $70,000, reflecting its increasing acceptance and role in financial portfolios. Lee's insights will be discussed at Benzinga's Future of Digital Assets conference, highlighting the growing market cap of cryptocurrencies and their appeal as an uncorrelated asset class for diversification.

Portfolio Pulse from Murtuza Merchant

March 25, 2024 | 8:26 pm

ESPR

Esperion announced that data from the CLEAR Outcomes sub-groups will be presented in various formats, including poster presentations, a moderated session, and an Industry Expert Theatre at ACC.24.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:01 pm