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ARKK

TSLA

Cathie Wood of Ark Investment Management commented on CNBC that Tesla could lower its prices if the global economy is in a weak spot. This statement reflects her view on Tesla's pricing strategy in response to economic conditions.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:36 pm

ORCL

Oracle Corporation (NYSE:ORCL) shares are trading higher, with a 2.21% increase to $112.54, following a positive trend that began in January. The uptrend comes after a steep decline in mid-December due to mixed Q2 financial results. Oracle has recently been recognized as a Leader in the 2023 Gartner Magic Quadrant for Cloud Database Management Systems and announced the general availability of the Oracle Cloud Infrastructure Generative AI service. The stock's rise and its appearance on Stocktwits' Trending page indicate increased investor interest.

Portfolio Pulse from Ryan Gustafson

January 23, 2024 | 8:58 pm

AAPL

Apple Inc has announced that a demo experience for Apple Vision Pro will take place on Friday, January 26, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 6:16 pm

AMZN

DIS

GOOG

NFLX

PARA

Content creator MrBeast is reportedly close to signing a deal with Amazon.com, Inc. (AMZN) for a reality competition series on Prime Video, potentially worth $100 million. This follows his successful YouTube video, a real-life version of Netflix's 'Squid Game,' which garnered 564 million views. The move is seen as a miss for Netflix Inc (NFLX), which has launched its own 'Squid Game' reality show. Other content creators have also transitioned to TV, like Dude Perfect with shows on CMT and Nickelodeon (PARA, PARAA) and The D'Amelios on Hulu (DIS). MrBeast's potential deal with Amazon could draw his large YouTube audience, owned by Alphabet Inc (GOOG, GOOGL), to Prime Video.

Portfolio Pulse from Chris Katje

January 23, 2024 | 5:50 pm

GOOG

GOOGL

Google has announced the introduction of experimental generative AI features in the latest release of Chrome (M121), which will be available for users to try on Macs and Windows PCs in the U.S. over the next few days.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:00 pm

ULCC

Frontier Airlines (NASDAQ:ULCC), known as America's Greenest Airline, has announced a significant expansion of its operations, launching nonstop services across various U.S. and international airports in April, May, and June of 2024. The expansion targets underserved and overpriced routes. To mark the occasion, Frontier is offering promotional fares starting at $19 one way and discounted Premium Stretch seating. The expansion includes both new and existing routes as part of their Mega Sale.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:13 pm

MAR

Marriott International has entered into a strategic cooperation agreement with Delonix Group to expand the Tribute Portfolio brand in mainland China. The agreement could see over 100 Delonix hotels affiliate with Marriott's brand. This collaboration will allow the hotels to be booked through both companies' channels and loyalty programs, enhancing value for hotel owners and travel experiences for Chinese travelers. Delonix's portfolio includes over 1,400 hotels, with Grand New Century as a notable brand. Tribute Portfolio is a collection of over 100 independent hotels worldwide.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:05 pm

NXST

SCOR

Comscore, Inc. (SCOR) has entered into a multi-year agreement with Nexstar Media Group, Inc. (NXST) to provide cross-platform audience measurement. Comscore will offer critical metrics for Nexstar's various media platforms, aiming to become a leading currency provider. The partnership will enable precise audience insights and in-flight monitoring of campaigns, enhancing Nexstar's value to advertisers, especially in an election year. Financial details of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:09 pm

SURG

SurgePays, Inc. (NASDAQ:SURG) has announced a strategic partnership with SIN PIN, a telecom service provider for immigrant communities in the US. This partnership aims to drive wireless subscriber growth in the Hispanic community through a distribution agreement that allows SIN PIN to use the SurgePays software platform to activate prepaid wireless subscribers and facilitate applications for the Affordable Connectivity Program (ACP) at numerous retail locations. SurgePays' President, Jeremy Gies, highlighted the company's unique position to support Spanish-speaking customers with a team in El Salvador.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:37 pm

TDY

Teledyne FLIR Defense, a unit of Teledyne Technologies Incorporated (NYSE:TDY), introduced the ThermoSight HISS-HD thermal sniper sight at the SHOT Show in Las Vegas. The sight allows precision shooters to detect and engage targets over 2,200 meters away. It mounts on MIL-STD-1913 rail interfaces and is compatible with various scopes and weapon platforms. The HISS-HD offers high-definition imagery and can be used for long-range sniping and surveillance missions. It also features an optional remote-control pendant for enhanced stability and reduced movement.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:26 pm