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Marketing

NIO

Nio Inc. (NYSE:NIO) has launched a battery-sharing program for the Chinese New Year travel period, encouraging owners to swap their 100-kWh batteries for 70/75-kWh ones. Participants will earn Nio Credits and Points from Jan. 20 to Feb. 20, with increased rewards for consistent participation. The initiative aims to address the high demand for travel during the holidays and promote the use of Nio's battery swap technology.

Portfolio Pulse from Anan Ashraf

January 22, 2024 | 11:46 am

CELH

PEP

Celsius has expanded its international market presence by entering Canada, the United Kingdom, and Ireland to grow its global sales and distribution. PepsiCo is the exclusive distributor for Celsius in Canada, building on the existing US distribution agreement from 2022. Sales in Canada commenced this month.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 11:03 am

RIVN

TSLA

Rivian CEO R.J. Scaringe showcased the Rivian R1T truck's snow capabilities, highlighting its 'Snow Mode' feature. This comes amid concerns about Tesla's Cybertruck performance in snowy conditions, with a recent incident of a gas-powered Ford truck rescuing a Cybertruck. Gene Munster from Deepwater Asset Management believes Tesla will address these issues to reassure buyers.

Portfolio Pulse from Anan Ashraf

January 22, 2024 | 10:52 am

WKEY

WISeKey International Holding Ltd (WKEY) and Xapo Bank have partnered to present the Wise.ART digital and physical art exhibition in Gibraltar. This collaboration highlights the intersection of art and technology, showcasing how digital advancements are influencing the art world.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 6:05 am

BTCUSD

Vanguard faces criticism from cryptocurrency investors for not offering spot Bitcoin ETFs despite SEC approval. Investor Mike Alfred and CoinRoutes co-CEO Dave Weisberger publicly expressed their dissatisfaction, with Alfred moving his accounts and Weisberger calling it a catastrophic marketing move. Some clients have reportedly shifted their accounts to Fidelity in response to Vanguard's conservative stance towards crypto.

Portfolio Pulse from Bibhu Pattnaik

January 21, 2024 | 5:28 pm

BTCUSD

DOGEUSD

Over the weekend, Dogecoin (CRYPTO: DOGE) experienced a significant rally, with a 9.82% increase to $0.087093 on Sunday. The cryptocurrency has been consolidating mostly under $0.10 since peaking in May 2021. The recent surge is speculated to be influenced by Elon Musk's potential move into blockchain-based payments, as indicated by a new account on the social media platform X, owned by Musk. Musk has previously shown a preference for Dogecoin over Bitcoin (CRYPTO: BTC).

Portfolio Pulse from Shanthi Rexaline

January 21, 2024 | 1:25 pm

INTC

JPM

This week's top economic news includes Jeffrey Gundlach's warning about the S&P 500's potential underperformance, Ray Dalio's prediction for 2024, China's Premier Li Qiang attracting foreign investment at Davos, rising US consumer sentiment, and Paul Krugman challenging economic pessimism. Li Qiang met with leaders from JPMorgan Chase and Intel Corporation to discuss investment opportunities in China.

Portfolio Pulse from Benzinga Neuro

January 21, 2024 | 1:08 pm

AAPL

MASI

NFLX

Apple Inc. (AAPL) has surpassed Samsung in global smartphone shipments, according to IDC data. To avoid a U.S. ban due to a patent dispute with Masimo Corp. (MASI), Apple has disabled the blood oxygen feature in its latest watches. CEO Tim Cook showcased a behind-the-scenes look at the production of Apple's new 'spatial computing' device, the Vision Pro. Meanwhile, the Vision Pro's launch will not include a Netflix Inc. (NFLX) app, which could be a setback for Apple's content strategy.

Portfolio Pulse from Benzinga Neuro

January 20, 2024 | 4:02 pm

AAPL

GOOG

GOOGL

NFLX

SPOT

Jim Cramer expressed skepticism about the mass market appeal of Apple Inc.'s new Apple Vision Pro due to its high price point, starting at $3,499. He compared it to a much cheaper 60-inch TV available at Walmart for $289, suggesting that the cost of the Vision Pro is prohibitive for many consumers. Cramer also mentioned that popular apps like Netflix, Spotify, and YouTube are not available on the Vision Pro, although he predicts YouTube will eventually be accessible. Apple is making a significant sales push for the product, including a behind-the-scenes video by CEO Tim Cook.

Portfolio Pulse from Rounak Jain

January 20, 2024 | 9:08 am

AAPL

META

Elon Musk, CEO of Tesla and SpaceX, commented on the upcoming Apple Inc. (AAPL) mixed reality headset, Vision Pro, with a tweet suggesting the oddity of screens being so close to one's face. The Apple Vision Pro, priced at $3,499, is set to launch on February 2, with pre-orders already open. The launch aligns with Apple's reported shift in focus towards its wearable business. Meta Platforms Inc. (META) was also mentioned in the context of AR/VR headset makers.

Portfolio Pulse from Ananya Gairola

January 20, 2024 | 4:32 am