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DKNG

DraftKings CEO Jason Robins appeared live on CNBC to discuss the company's earnings report. The discussion likely covered financial performance, future outlook, and possibly strategic initiatives following the earnings announcement.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:22 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 16th, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It outlines potential bullish and bearish price levels for each asset, emphasizing the importance of monitoring these stocks for breakouts or reversals. The trading session is expected to be volatile due to PPI numbers, MOPEX Friday, and speeches from FOMC members. The memo is part of exclusive content offered to Market Clubhouse members, including daily market analysis and live trading insights.

Portfolio Pulse from RIPS

February 16, 2024 | 3:37 pm

VFS

VinFast Auto has partnered with five dealers in Indonesia to expand its distribution network and strengthen its brand globally. The agreements were signed at the Indonesia International Motor Show 2024, marking VinFast's entry into the Indonesian market with dealers GSU, BAM, GNA, MCA, and Majesty. These dealers will start selling VinFast's electric vehicle models VF 5, VF e34, VF 6, and VF 7 later this year. This expansion is part of VinFast's strategy to become the preferred electric vehicle brand in Indonesia and support the zero-emission transportation revolution.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:18 pm

RIVN

Rivian Automotive Inc. (NASDAQ:RIVN) is developing customizable interior ambient lighting for its R1 model, akin to Tesla's refreshed Model 3. This feature was confirmed in response to a user's request on X, showcasing Rivian's focus on enhancing user experience and personalization. The company demonstrated this capability by changing the interior lighting to orange for Halloween 2023. This development is part of Rivian's strategy to compete in the electric vehicle market by offering features comparable to those in vehicles like the Porsche Taycan and Kia EV6, despite the R1's higher price point.

Portfolio Pulse from Anan Ashraf

February 16, 2024 | 12:22 pm

BLRX

BioLineRx announced the acceptance of two poster presentations on APHEXDA (motixafortide) for CD34+ Hematopoietic Stem Cell (HSC) mobilization in patients with Multiple Myeloma at the 2024 Tandem Meetings of ASTCT and CIBMTR. This development could indicate positive progress in the clinical research of motixafortide, potentially impacting BioLineRx's market perception and investor interest.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:05 pm

KALV

KalVista Pharmaceuticals announced its plans to present Phase 3 data for Sebetralstat at the 2024 American Academy of Allergy, Asthma & Immunology Annual Meeting. This marks a significant milestone in the development of Sebetralstat, potentially impacting the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:33 am

BAC

SBUX

Bank of America Corporation (NYSE:BAC) and Starbucks Corporation (NASDAQ:SBUX) have launched a partnership allowing their cardholders and rewards members to earn additional perks through account linkage. Eligible Bank of America cardholders can earn 2% cash back on qualifying purchases and 1 Star per $2 spent at Starbucks when they link their card to a Starbucks Rewards account. This initiative aims to enhance customer loyalty by offering more valuable benefits.

Portfolio Pulse from Nabaparna Bhattacharya

February 16, 2024 | 11:07 am

SBUX

Starbucks announced the release of accessibility guidelines for its U.S. store portfolio, including a new store in Washington, D.C., featuring optimized acoustics, power-operated doors, and improved features for customers with low vision among other enhancements.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:04 am

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) teased the launch of its new electric-vehicle platform, R2, with a video emphasizing adventure. The global unveiling is set for March 7, with reservations opening during the event for a $100 deposit. The R2 aims to offer a compact design and lower price, targeting the midsize SUV market. Rivian's stock rose 1.41% in premarket trading following the announcement.

Portfolio Pulse from Shanthi Rexaline

February 16, 2024 | 10:18 am

AAPL

Apple Inc.'s iPhone sales in China have continued to decline in 2024 despite offering rare discounts. Analyst Ming-Chi Kuo reported that sales dropped year-on-year through the Chinese Lunar New Year. The decline is attributed to stiff competition from Huawei and a ban on iPhones by Chinese government officials. The Chinese government's advisory on 'security incidents' before the iPhone 15 launch and the expansion of the iPhone ban to more state firms and provinces have exacerbated the situation.

Portfolio Pulse from Rounak Jain

February 16, 2024 | 10:15 am