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MSFT

Phil Spencer, head of Xbox, announced a business update event for next week to share details about Xbox's future vision, amidst rumors of Xbox titles being ported to other platforms like PlayStation 5. This move suggests a shift towards multi-platform gaming and a device-agnostic approach, potentially impacting Microsoft Corp.'s strategy by emphasizing accessibility and revenue diversification.

Portfolio Pulse from Franca Quarneti

February 07, 2024 | 6:08 pm

FAZE

GAME

FaZe Holdings Inc. (NASDAQ:FAZE) shares are trading lower despite announcing the continuation of 'FaZe Fridays' through 2024, a live event series for gamers with over $1 million in cash prizes. Additionally, a special meeting for shareholders is scheduled on Feb. 16 to vote on a merger with GameSquare Holdings, Inc. (NASDAQ:GAME).

Portfolio Pulse from Erica Kollmann

February 07, 2024 | 6:06 pm

MSTR

MicroStrategy Inc. co-founder Michael Saylor emphasized Bitcoin's potential as an institutional asset class and store of value, predicting 2024 as the year Bitcoin becomes an institutional-grade asset. He compared Bitcoin's evolution to significant financial milestones like the creation of gold ETFs and the S&P index ETF. Saylor highlighted Bitcoin's transition from an unregulated retail asset to a regulated institutional asset, likening it to the digital transformation seen in tech companies like Microsoft, Google, and Apple. He also mentioned the growth of new job opportunities within the Bitcoin industry and argued that Bitcoin ETFs represent a catalytic moment, shifting the narrative towards Bitcoin as a significant store of value.

Portfolio Pulse from Murtuza Merchant

February 07, 2024 | 5:42 pm

UBER

On Bloomberg TV, Uber Technologies' CEO discussed the company's ongoing efforts in the electric vehicle (EV) space and highlighted car rentals as an exciting growth area.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:22 pm

SNAP

On CNBC, Snap CEO Evan Spiegel emphasized building a performance ad business and noted progress in advertising, suggesting advertisers seek alternatives to big tech ad companies.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 4:20 pm

FUBO

FuboTV Inc (NYSE:FUBO) shares plummeted following the announcement of a joint venture between Disney’s ESPN, Warner Bros Discovery, and Fox to launch a sports streaming service. This new platform, launching in the fall, is seen as direct competition to FuboTV, which offers a mix of sports, news, and entertainment content. Analysts from Needham and Cantor Fitzgerald have expressed concerns over the potential impact on FuboTV, highlighting the risk of increased churn and the need for heightened marketing efforts if the new service is priced competitively.

Portfolio Pulse from Adam Eckert

February 07, 2024 | 3:52 pm

GOOG

QCOM

SSNLF

OnePlus COO Kinder Liu explains the company's decision to offer four to five years of software updates for the OnePlus 12 series, contrasting it with competitors like Samsung and Google who offer up to seven years. Liu argues that hardware limitations make extended software support less valuable, emphasizing the importance of user experience over time. The OnePlus 12 series, featuring Qualcomm's Snapdragon chipsets, was launched in January, amidst competition from Samsung's Galaxy S24 and devices from Apple and Google.

Portfolio Pulse from Rounak Jain

February 07, 2024 | 2:40 pm

EH

EHang Holdings Limited (NASDAQ:EH) announced a suggested retail price of $410,000 for its EH216-S pilotless eVTOL aircraft for global markets outside China, effective from April 1, 2024. The EH216-S features autonomous flight, electric propulsion, safety features, and intelligent systems for cluster management, aiming at various urban air mobility applications. It also secured the world's first Type Certificate and Standard Airworthiness Certificate for pilotless passenger-carrying eVTOL aircraft from the CAAC in 2023, highlighting EHang's commitment to safety and quality. This pricing strategy is intended to meet international demand and promote the adoption of innovative urban air mobility solutions.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:14 pm

DIS

MAT

American Girl and Disney have announced the first wave of a new doll collection featuring Disney Princess and Disney Frozen franchises, set to launch in Spring 2024. The collection includes dolls of Ariel, Tiana, and Cinderella, each with authentically designed dresses and accessories. This collaboration builds on the success of last year's Disney Princess Collector Doll series and aims to captivate fans with detailed representations of beloved characters.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:10 pm

AAPL

Apple Inc.'s Macintosh celebrated its 40th anniversary, highlighting the iconic '1984' Super Bowl ad and Steve Jobs' leadership during its launch. Despite challenges, including a potential delay due to unfinished software, Jobs decided to ship the Macintosh with software labeled 'demo', ensuring its timely release. This decision underlined his belief in his team and contributed to the Macintosh revolutionizing the personal computing industry by making graphical user interfaces accessible to the masses.

Portfolio Pulse from Rounak Jain

February 07, 2024 | 1:52 pm