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Marketing

META

Meta's Oversight Board has criticized the company's current deepfake rules as 'incoherent' after reviewing a controversial video of President Joe Biden. The board suggests extending the manipulated media policy to cover all audio and video content, not just AI-generated material. Meta plans to update its policy to adapt to the evolving AI landscape. This comes amid growing concerns over deepfake content and its potential misuse, with Meta committed to advancing AI technology.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 12:21 pm

TSLA

Tesla Inc. (NASDAQ:TSLA) has announced the return of Full Self-Driving (FSD) beta transfers for recent vehicle buyers and extended the lifetime Supercharging benefit to include Model 3. This decision follows customer feedback and earlier speculation, with the FSD beta transfer now available for Model S, X, 3, or Y purchases in North America before the end of March. Additionally, the free lifetime Supercharging offer, previously exclusive to Model S, X, and Y, is now extended to Model 3 buyers taking delivery by March 31.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 7:31 am

AAPL

MOMO

Hello Group Inc. (NASDAQ:MOMO) has launched inSpaze, a native immersive social app for Apple Vision Pro in the U.S. The app, designed for visionOS, offers 3D interaction, Spatial Audio, and social features like real-time translation and social games. It's available for Apple Vision Pro users and can also be used on iPhone via the App Store.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 7:20 am

ICLN

TSLA

Short-seller Jim Chanos criticized Tesla CEO Elon Musk's proposal for a carbon tax as a measure against climate change, labeling Musk as 'Subsidy King' and 'new darling of the Right'. Musk advocates for a carbon tax to combat climate change, citing a $5.3 trillion annual carbon subsidy per the IMF. Chanos, known for his bets against Tesla and Enron, recently closed his hedge fund. The debate highlights differing views on addressing climate change and the role of electric vehicles and renewable energy.

Portfolio Pulse from Shanthi Rexaline

February 05, 2024 | 6:24 am

TSLA

Tesla Inc's Cybertruck is speculated to be showcased in Germany at the Stuttgart Holzgerlingen delivery center, following a successful tour in China. The display, predicted by a user on social media, is yet to be confirmed. Tesla previously faced regulatory challenges in Europe and China, impacting the Cybertruck's road usage approval. Despite obstacles, including a recall and criticism over value, the Cybertruck's innovative features continue to attract interest.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 3:24 am

SPHR

Sphere Entertainment Co. (NYSE:SPHR) and the NFL have announced a collaboration to display custom Super Bowl LVIII content on Sphere's Exosphere in Las Vegas. This content, created by Sphere Studios, will be featured throughout Super Bowl Week and during the game's broadcast on CBS and Paramount+. The Exosphere will showcase a variety of Super Bowl-themed visuals, including a countdown clock, welcome visuals, key graphics of the teams, and all 57 Super Bowl rings. Additionally, Sphere's interior will be highlighted in CBS Sports' broadcast with custom videos. The collaboration aims to leverage Sphere's unique digital canvas to enhance the Super Bowl experience in Las Vegas.

Portfolio Pulse from Benzinga Newsdesk

February 04, 2024 | 6:40 pm

BLK

JPM

Financial experts including Bill Gross, BlackRock, and Jamie Dimon provided insights on the U.S. economy, discussing a looming debt crisis, bullish views on U.S. stocks, and potential unemployment rate increases. Gross compared the U.S.'s $34 trillion debt to climate change impacts, predicting inflation due to annual deficits. BlackRock upgraded U.S. stocks to 'overweight', anticipating an economic soft landing and interest rate cuts. Mizuho's Dominic Konstam projected unemployment could double by year-end. Peter Schiff criticized the Federal Reserve's inflation policy, and Dimon warned of a global market 'rebellion' due to U.S. debt levels.

Portfolio Pulse from Benzinga Neuro

February 04, 2024 | 11:08 am

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Viral videos of the Charging Bull statue on Wall Street wearing a knitted hat have caused the memecoin Dogwifhat (WIF) to surge 17%. The stunt, which attracted significant attention on social media, has been linked to a potential increase in the coin's popularity, with it trading around $0.25, up from the past 24 hours but still down 50% from its all-time high. The event has been seen as a sign of cryptocurrency culture becoming more mainstream, with memecoins like Dogwifhat, Dogecoin (DOGE), Shiba Inu (SHIB), and Solana (SOL) at the forefront.

Portfolio Pulse from Ivan Crnogatić

February 03, 2024 | 9:24 pm

ABT

Abbott Laboratories (NYSE:ABT) faces a lawsuit from a New York City grandmother, Joanne Noriega, over the efficacy of its PediaSure Grow & Gain nutrition drinks. The lawsuit alleges that Abbott falsely claimed the drinks were "clinically proven" to boost children's height, which led Noriega to purchase them for her grandson with no observed height increase but excessive weight gain instead. U.S. District Judge Paul Engelmayer denied Abbott's attempt to dismiss the lawsuit, citing evidence-backed reasons to question Abbott's marketing claims. Abbott insists the case is without merit, stating PediaSure is a scientifically designed nutrition solution.

Portfolio Pulse from Nabaparna Bhattacharya

February 03, 2024 | 8:03 pm

GOOGL

META

Meta Platforms, Inc. (META) shares surged 20% after reporting strong Q4 results and announcing its first dividend. Despite this, Elon Musk humorously remarked on not knowing anyone who uses Facebook, Meta's flagship app. The company's DAUs and MAUs for December 2023 showed significant growth. CEO Mark Zuckerberg highlighted the success of Reels and announced changes in reporting metrics. Alphabet, Inc.'s YouTube remains the most-used social media platform, with Facebook in second place.

Portfolio Pulse from Shanthi Rexaline

February 03, 2024 | 3:25 pm