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RBLX

Roblox shares are trading higher in premarket following reports on social media that popular artist Nicki Minaj has joined the gaming platform. This news suggests a potential increase in user engagement and publicity for Roblox, which could positively influence investor sentiment and the company's stock price in the short term.

Portfolio Pulse from Charles Gross

December 08, 2023 | 12:19 pm

DIS

META

Elon Musk's confrontational approach with boycotting advertisers, including a harsh comment directed at Disney's Bob Iger, may be having repercussions as Disney-owned ESPN's NBA insider Adrian Wojnarowski appears on Meta's Threads for a Q&A session. This move could signify a loss for Musk's platform, especially as he aims to focus on video streaming and sports content. Musk continues to criticize Iger, accusing him of mismanaging Disney, particularly in light of Meta's legal issues around child exploitation material.

Portfolio Pulse from Rounak Jain

December 08, 2023 | 11:50 am

BJ's Wholesale Club announced the opening of its new club in Mt. Juliet, Tennessee, on December 15, 2023. This expansion may attract local shoppers and potentially increase the company's regional market share.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 11:34 am

KIND

Nextdoor has launched a developer site aimed at connecting partners with local communities. The platform is designed to harness the power of local by enabling partners to build and integrate their services with Nextdoor's offerings. This move could potentially open up new revenue streams and partnerships for Nextdoor, as well as provide added value to its user base. However, the article does not specify any particular partners or financial details regarding the impact of this launch.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 11:31 am

GOOG

GOOGL

META

MSFT

A Bloomberg report suggests that Google may have staged its Gemini AI video demonstration, reducing latency and shortening outputs for brevity, which could mislead viewers about the AI's response time and conversational capabilities. The report casts doubt on Gemini's superiority over OpenAI's GPT-4, noting that the Ultra version of Gemini won't be available until 2024, while OpenAI has been releasing new versions of GPT more rapidly, potentially outpacing Google's AI by the time Gemini Ultra is released.

Portfolio Pulse from Rounak Jain

December 08, 2023 | 10:39 am

RIVN

TSLA

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla investor, has ordered a Rivian R1S SUV, jokingly questioning if it will arrive before his long-awaited Cybertruck. Despite his recent criticism of Elon Musk's controversial posts, Gerber remains optimistic about Tesla's future and maintains his Cybertruck reservation. Tesla is still the largest position in Gerber Kawasaki's portfolio, with shares worth around $100 million.

Portfolio Pulse from Anan Ashraf

December 08, 2023 | 10:32 am

TTWO

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and Moon Studios have announced a new Action RPG titled 'No Rest for the Wicked'. The game, published by Take-Two's Private Division, is set to launch in Early Access on PC in Q1 2024, with a full release on PS5, Xbox Series X|S, and PC to follow. The announcement was accompanied by an official trailer premiered at The Game Awards.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 7:47 am

META

Meta Platforms Inc. (NASDAQ:META) has launched 'Purple Llama,' a project aimed at promoting the ethical development of AI by providing developers with tools and evaluations for creating responsible AI. The project includes 'Llama Guard,' a model to prevent the generation of risky content, and features permissively licensed components for cybersecurity and input/output safeguards. This initiative aligns with Meta's focus on AI, as demonstrated in their annual Connect conference and the earlier launch of LLaMA for AI research.

Portfolio Pulse from Benzinga Neuro

December 08, 2023 | 6:48 am

BTC

DOGE

ETH

SHIB

SOL

BONK, a meme coin on the Solana blockchain, surged 36% in a day, outperforming Bitcoin, Ethereum, Dogecoin, and Shiba Inu. BONK reached a new all-time high of $0.000011, with a 946% increase over the last 30 days. The spike in BONK's price and social media interactions coincides with its listing on KuCoin and growing interest in Solana. In contrast, Bitcoin, Dogecoin, and Shiba Inu saw slight declines, while Ethereum increased by 5%.

Portfolio Pulse from Mehab Qureshi

December 08, 2023 | 3:49 am

DIS

Brittney Griner, WNBA star and two-time Olympic Gold Medalist, has partnered with Walt Disney Co (NYSE:DIS) to produce a documentary feature with ESPN Films, a scripted limited series through ABC Signature, and an interview with ABC News. The content will cover her basketball career, arrest in Russia, and subsequent release. This partnership signifies a major collaboration between ESPN and Disney, with more joint projects anticipated.

Portfolio Pulse from Maureen Meehan

December 08, 2023 | 3:19 am