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QCOM

SSNLF

Samsung Electronics Co Ltd. (OTCPK: SSNLF) is set to launch its new Galaxy S24 smartphone on Jan. 17, featuring AI capabilities such as real-time call translation and generative AI named 'Gauss'. The phone will also include Qualcomm Inc.'s (NASDAQ: QCOM) Snapdragon 8 Gen 3 chipset and may incorporate a titanium frame similar to Apple's iPhone 15 Pro. Samsung aims to sell over 35 million units of the Galaxy S24 series, a 10% increase from the Galaxy S23.

Portfolio Pulse from Rounak Jain

January 03, 2024 | 8:23 am

BYDDF

BYDDY

TSLA

BYD Co Ltd is rewarding its dealers with 2 billion yuan for meeting 2023 sales targets after outselling Tesla in Q4 global electric car sales. Dealers receive 666 yuan per vehicle sold. BYD's aggressive expansion and price cuts, along with securing a level 3 autonomous driving test license, aim to boost sales and maintain its lead over Tesla.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 7:26 am

QGEN

QIAGEN has expanded its presence in the Middle East by launching new regional headquarters and initiating significant projects. This strategic move aims to enhance the company's market position and capitalize on growth opportunities in the region.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 7:06 am

PLTR

Palantir Technologies (NYSE:PLTR) announced it will hold its first board meeting of the year in Tel Aviv, Israel, as a sign of solidarity with the country. Palantir has operated in Israel for a decade and has previously expressed support for Israel, especially during the conflict with Hamas. The company's AI software is used in various sectors, including public health and defense. Palantir's public stance has led to protests, such as the one by Healthcare Workers for Palestine at Palantir's UK office. Palantir's stock closed 3.44% lower at $16.58 and fell another 0.3% after-hours.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 3:57 am

AAPL

A new patent granted to Apple, with Jony Ive as an inventor, explores using an external display on a head-mounted device, potentially the Vision Pro, to show various images, including the wearer's eyes or symbols like a 'DO NOT DISTURB' sign. While the patent includes playful ideas, such as replacing eyes with Zoom icons, it's uncertain if these features will be included in the final product. Apple's Vision Pro and its EyeSight display are nearing launch, but their practicality and effectiveness remain to be seen as they have not been demoed to the press.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 11:35 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has included an 'Easter egg' in its Cybertruck, referencing the infamous 2019 glass strength demonstration mishap. The hidden feature, a broken glass image on the infotainment system, was discovered by a Cybertruck owner and confirmed by CEO Elon Musk. The Cybertruck, described by Musk as Tesla's 'best product', began shipping in late 2023, and Tesla has embraced the cracked glass incident with humor, previously selling shirts and window decals featuring the broken glass design.

Portfolio Pulse from Adam Eckert

January 02, 2024 | 9:19 pm

AMZN

BBY

KSS

LEVI

LULU

LVMHF

NKE

ULTA

WMT

WSM

Telsey Advisory Group analyst Dana Telsey's study based on Google Trends insights revealed that Black Friday attracted more consumer interest for most brands compared to Christmas. Larger and more established brands like Amazon, Walmart, Nike, UGG, and Kohl's were the winners. Lululemon stood out in specialty apparel, while Ulta Beauty and Sephora saw increased interest in the beauty segment. Coach was preferred over Michael Kors and Kate Spade in luxury, and LVMH excelled among premium European luxury brands. Kohl's led department stores and off-price retailers, with The North Face, Ralph Lauren, and Levi Strauss being popular in apparel. Amazon and Best Buy were top in their segments, and Williams-Sonoma in furniture. Interest in off-price and athletic brands increased around Christmas.

Portfolio Pulse from Lekha Gupta

January 02, 2024 | 6:54 pm

DIS

NFLX

PARA

Streaming companies such as Walt Disney Co (DIS), Paramount Global (PARA), Hulu, and Netflix, Inc (NFLX) are experiencing higher customer churn rates due to increased subscription costs and economic pressures. The customer defection rate for premium streaming services rose to 6.3% in November from 5.1% a year earlier. In response, these companies are adopting strategies like introducing ad-supported tiers, bundling deals, and offering discounts to retain customers. Despite cancellations, many customers tend to resubscribe within a few months, with ad-supported plans seeing a notable increase in uptake.

Portfolio Pulse from Anusuya Lahiri

January 02, 2024 | 6:23 pm

ALAR

Alarum Technologies (ALAR) is gaining attention as traders circulate a mention of the stock being recommended as a buy in Louis G. Navellier's investment newsletter.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 3:25 pm

AAPL

GOOGL