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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

AAPL

META

MSFT

QCOM

SPOT

SSNLF

Apple Inc. faced a mixed week with record iPhone 15 sales but criticism over its EU App Store proposal from tech leaders like Meta's Zuckerberg and Microsoft. Elon Musk expressed skepticism about Apple's Vision Pro, while Qualcomm extended deals with Apple and Samsung. A survey indicated a decline in iPhone 15 Pro satisfaction despite high overall sales.

Portfolio Pulse from Benzinga Neuro

February 03, 2024 | 2:00 pm

AAPL

AMD

MSFT

NVDA

SSNLF

TSLA

This week in AI featured Tesla's plan to buy chips from AMD and Nvidia to boost AI capabilities, Microsoft's CEO Nadella's concerns over AI-generated deepfakes, Elon Musk's tweet increasing OPTI token value, Apple's CEO highlighting AI's role in its future, and Samsung's Galaxy S24 AI features requiring internet. These developments underscore the growing influence of AI across various sectors.

Portfolio Pulse from Benzinga Neuro

February 03, 2024 | 1:37 pm

DOGEUSD

SHIBUSD

This week in cryptocurrency saw the debut of a GameStop memecoin on Solana, a surge in Optimus AI's market cap following an Elon Musk tweet, predictions of a Dogecoin price jump, a significant increase in Shiba Inu's burn rate, and Donald Trump's criticism of CBDCs. The GameStop memecoin quickly reached a market cap of over $14 million, while Optimus AI's price soared after Musk's tweet. Analyst Muro predicts a 6% increase in Dogecoin's value, and Shiba Inu's burn rate skyrocketed by over 1,500% in a day. Trump expressed concerns over the freedom-threatening potential of CBDCs.

Portfolio Pulse from Benzinga Neuro

February 03, 2024 | 1:26 pm

TSLA

Popular tech YouTuber Marques Brownlee reviewed Tesla Inc's refreshed Model 3, praising its comfort, luxury, and performance, calling it Tesla's 'most important car'. The upgraded Model 3, starting at $38,990, retains the essence of the previous model with significant improvements in features and driving experience. Tesla released the upgraded Model 3 in the U.S. in January, with the design first introduced in China in late August. The vehicle comes in two variants, with a future Performance variant announced.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 6:15 am

TSLA

Elon Musk criticized the term 'recall' for Tesla's OTA software updates, following a recall of 2.2 million vehicles, including the Cybertruck, for a minor issue with warning light font sizes. The National Highway Traffic Safety Administration (NHTSA) noted the fix is an OTA update, some of which have already been deployed. Musk and Tesla argue that using 'recall' for such updates is outdated, suggesting 'Software Recall' as a more accurate term.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 2:22 am

SPOT

Joe Rogan has secured a new deal with Spotify, potentially worth up to $250 million, to continue his podcast on the platform, as reported by the Wall Street Journal.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 7:59 pm

CCOEY

Capcom ADR (OTC:CCOEY) announced the Resident Evil 4 Gold Edition, set for release on Feb. 9, featuring the base game, all downloadable content, and exclusive items. The Gold Edition will have a physical release exclusively in Europe, while the U.S. will have a digital-only version. The original Resident Evil 4 Remake, launched in March 2023, saw significant sales, surpassing six million units. This release strategy reflects a broader industry trend towards digital-only releases, with Capcom Europe announcing the physical edition via X.

Portfolio Pulse from Franca Quarneti

February 02, 2024 | 7:21 pm

SNAP

SPOT

Spotify Technology (NYSE:SPOT) announced a new multiyear partnership deal with podcast host Joe Rogan, boosting its shares. The deal aims to retain Rogan's top-ranked podcast, aligning with Spotify's strategy shift towards broadening audience reach and advertising revenue. Spotify also expanded its music partnership with Snap Inc (NASDAQ:SNAP).

Portfolio Pulse from Nabaparna Bhattacharya

February 02, 2024 | 5:48 pm

UG

United-Guardian, Inc. (NASDAQ:UG) shares rose by 5.28% to $8.26 after announcing a significant dividend increase to $0.25 per share, payable on February 20, 2024. This marks the 29th consecutive year of dividend payments, with the increase supported by expanded marketing activities and a strategic focus on growth. Despite a 7% rise in the last six months, UG underperformed the S&P 500.

Portfolio Pulse from Nabaparna Bhattacharya

February 02, 2024 | 4:12 pm