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Elon Musk criticized The Walt Disney Co. (NYSE:DIS) for its diversity policies, calling it a 'DEI gestapo' and attributing the decline in Disney's content quality to these policies. Musk's critique extends to other companies like Apple Inc. (NASDAQ:AAPL) and IBM (NYSE:IBM) for pulling ads from his platform X due to his controversial posts. This is part of an ongoing dispute with Disney, highlighted by a lawsuit filed by Gina Carano against Disney and Lucasfilm.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 1:40 pm

INDP

Indaptus Therapeutics has announced the launch of its social media channels to enhance its online presence and engage more effectively with its audience. This strategic move aims to improve communication and share updates about the company's progress and developments.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:22 pm

NSP

WDAY

Workday and Insperity have entered into an exclusive strategic partnership to jointly develop, brand, market, and sell a leading full-service HR solution targeted at small and midsize businesses. This collaboration aims to leverage both companies' strengths to offer a comprehensive HR package that addresses the unique needs of this segment.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:59 pm

STT

State Street announced the expansion of its Fund Connect ETF portal through enhancements to its Application Protocol Interface (API), extending its services to clients worldwide, including Europe and the APAC region.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:09 pm

AAPL

Elon Musk endorses using X (formerly Twitter) with its premium plan, X Pro, alongside the Apple Vision Pro mixed reality headset for an enhanced experience. This suggestion follows a tweet by Robert Scoble, who shared his positive experience with these technologies at a Tesla supercharger. Musk has previously shown interest in Apple Vision Pro and has rebranded TweetDeck to X Pro, placing it behind a paywall. Analysts see Apple Vision Pro as a revolutionary device, akin to the iPhone's debut, despite being a first-generation product.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 9:19 am

DIS

GOOG

NFLX

The Walt Disney Co. (NYSE:DIS) announced plans to intensify its crackdown on Disney+ password sharing, following Netflix Inc.'s (NASDAQ:NFLX) lead. Disney CFO Hugh Johnston revealed during the Q1 earnings call that accounts suspected of password sharing will soon require users to create their own subscriptions. Additionally, Disney+ will offer the option to add users outside a household for an extra fee, similar to Netflix, though this feature will be introduced later in the year. The company does not expect significant benefits from these initiatives until the latter half of 2024. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has also started enforcing similar restrictions on YouTube Premium family subscriptions.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 8:56 am

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) mistakenly led followers to believe a photo shared on social media was a preview of its upcoming R2 vehicle. The image, actually of the R1T electric truck, sparked speculation and excitement about the R2, which is set to be unveiled in March. Rivian's R2, aiming for a 2026 production start, targets the midsize SUV market with a more compact and affordable option compared to its R1 models.

Portfolio Pulse from Anan Ashraf

February 08, 2024 | 7:08 am

DIS

NFLX

Disney CEO Robert Iger announced a significant growth in ad-supported Disney+ subscriptions, with about 2 million new subscriptions in Q4, reaching a total of 5.2 million. Over half of the new U.S. subscribers chose the ad-supported option, which also saw a 34% increase in service usage over six months. This growth highlights Disney's strong position in the streaming industry, especially with its advanced advertiser technology. Meanwhile, Netflix reported a 12.8% year-over-year increase in global paid members, with 260.28 million by the end of Q4 and a 13.12 million net paid subscriber addition during the quarter. Netflix continues to invest in its ad-supported platform but does not see it as a primary revenue driver.

Portfolio Pulse from Ananya Gairola

February 08, 2024 | 4:00 am

DKNG

EA

PARA

A Reddit user known for incorrectly predicting the Super Bowl winner for 16 years has chosen the Kansas City Chiefs for Super Bowl LVIII. The game will be broadcasted by Paramount Global and features betting odds from DraftKings. An Electronic Arts' Madden 24 simulation also predicted a Chiefs win, aligning with the user's prediction.

Portfolio Pulse from Chris Katje

February 08, 2024 | 12:04 am

PLNHF

NFL legend Ricky Williams, once criticized for his marijuana use, is now a prominent advocate for cannabis legalization and entrepreneurship. He has launched his own cannabis brand, Highsman, and is set to introduce a new brand, Highsman Sticky Ricky, at Planet 13 in Las Vegas during Super Bowl LVIII weekend. Williams' transition from a suspended athlete to a cannabis entrepreneur highlights the evolving perception of marijuana in sports and society.

Portfolio Pulse from Maureen Meehan

February 07, 2024 | 11:32 pm