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BYDDY

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TSLA

Zhao Changjiang, a senior executive at BYD Co Ltd, warned Tesla Inc of challenges in advanced driver-assistance systems and car models for 2024, particularly from BYD's Denza N7 model. Tesla, facing a slowdown in global EV demand, has cut prices in China and seen a significant drop in market valuation. BYD, supported by Warren Buffett, has surpassed Tesla in EV sales in Q4 2023 and is advancing in vehicle intelligence. Berkshire Hathaway has reduced its stake in BYD, selling shares worth $80.7 million.

Portfolio Pulse from Benzinga Neuro

January 24, 2024 | 7:13 am

BILI

GOOG

GOOGL

META

YouTube star MrBeast, known as Jimmy Donaldson, has launched his presence on Bilibili Inc. (NASDAQ:BILI) in China with a video that quickly gained over 3 million views. MrBeast, who has over 230 million subscribers on Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube, is expanding his global footprint despite platforms like YouTube and Meta Platforms Inc.'s (NASDAQ:META) Facebook and Instagram being blocked in China. He plans to extend his reach to other Chinese platforms and has recently secured a $100 million deal with Amazon for a competition series on Prime Video.

Portfolio Pulse from Ananya Gairola

January 24, 2024 | 1:46 am

ETH-USD

MATIC-USD

USDC-USD

Former President Donald Trump won the Iowa caucus and is a step closer to the GOP nomination for the 2024 presidential election. The article discusses the betting odds on Polymarket for Trump's potential vice presidential pick. Elise Stefanik is currently the favorite, followed by Kristi Noem, Vivek Ramaswamy, Tim Scott, and Nikki Haley. Ron DeSantis and Haley are seen as less likely picks due to past conflicts with Trump. Polymarket uses cryptocurrencies like MATIC, USDC, and ETH for betting, and the political betting market is gaining popularity, surpassing even the betting on Bitcoin ETF approvals.

Portfolio Pulse from Chris Katje

January 23, 2024 | 11:52 pm

AMZN

MrBeast is close to finalizing a $100M deal with Amazon (AMZN) for a competition series on Prime Video. The show, pitched to various platforms, will premiere its first episode on MrBeast's YouTube channel, with subsequent episodes on Prime Video. The series will feature brand collaborations, which may help Amazon offset production costs. MrBeast's other ventures include Beast Burger, Juice Funds, Feastables, cryptocurrency investments, and involvement in crypto companies like Refinable and Coinbase.

Portfolio Pulse from Franca Quarneti

January 23, 2024 | 11:40 pm

CMCSA

DIS

EDR

FOX

NFLX

TKO

Dwayne Johnson, also known as 'The Rock', has joined the Board of Directors of TKO Group Holdings, the parent company of WWE and UFC. TKO announced a 10-year, $5 billion deal with Netflix for exclusive streaming rights to WWE content starting in 2025. Johnson will gain ownership of his trademarked name 'The Rock' and receive restricted stock awards up to $30 million. TKO is majority owned by Endeavor Group Holdings. Johnson's involvement could lead to synergies with his other investments and brand partnerships, including Under Armour and the United Football League, which has media deals with Disney and Fox Corporation.

Portfolio Pulse from Chris Katje

January 23, 2024 | 10:55 pm

CAG

DEO

GIS

ONON

PEP

Dolly Parton has partnered with Conagra Brands Inc (NYSE:CAG) through its Duncan Hines brand to launch a new line of breakfast products, aiming to compete with General Mills’ (NYSE:GIS) Bisquick and PepsiCo’s (NYSE:PEP) Pearl Milling Co pancake mix. This follows her previous successful ventures in entertainment and hospitality. The trend of celebrities partnering with or investing in consumer goods brands is highlighted, with examples like Ryan Reynolds' Aviation Gin, Roger Federer's On Holding AG (NYSE:ONON), and Kim Kardashian's Skims.

Portfolio Pulse from Aaron Bry

January 23, 2024 | 10:43 pm

NFLX

During the earnings call, Netflix's Co-CEO stated that the company's ad business is still in its early stages and will require years of work before it has a material impact on Netflix's financials.

Portfolio Pulse from Charles Gross

January 23, 2024 | 10:05 pm

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