Streetbeat News

Marketing

MSFT

Elon Musk humorously claimed to have found Q*, a term he previously associated with Q*Anon, and joked that Grok AI will handle both Q* and AGI. This follows speculation about OpenAI's Q*, which some believe could be an AGI breakthrough. Microsoft Corp., a backer of OpenAI, is mentioned in relation to these theories. Musk's comments highlight that concerns around Q* and AGI are currently considered conspiracy theories.

Portfolio Pulse from Rounak Jain

November 25, 2023 | 3:18 am

MSFT

The 2024 installment of 'Call of Duty' will be part of the Black Ops series, developed by Treyarch, and set during the Gulf War. The game, potentially titled 'Call of Duty: Black Ops Gulf War,' will focus on traditional military combat and include a nuanced narrative of the conflict. It may feature round-based zombie modes and remastered maps. Microsoft's Activision-Blizzard is expected to offer a pre-order early access bonus, with the game releasing in late fall or early winter 2024. The franchise maintains its popularity despite previous criticisms of rushed development.

Portfolio Pulse from Franca Quarneti

November 24, 2023 | 8:37 pm

WMT

Walmart Inc (NYSE:WMT) is offering a Black Friday deal on Mortal Kombat 1 for $40, a 43% discount from its regular price. The deal is exclusive to Walmart and includes all console versions. The game has received positive reviews for its new features and improvements, though it faces performance issues on the Nintendo Switch. Amazon is also offering a Black Friday deal with a 10% discount on Nintendo Switch Online memberships, with Individual and Family memberships at reduced prices. Additionally, discounted eShop gift cards are available, which can be used for memberships or game purchases.

Portfolio Pulse from Franca Quarneti

November 24, 2023 | 8:04 pm

AAPL

AMZN

BBY

CROX

DKS

KSS

MSFT

SONY

SSNLF

WMT

EY-Parthenon forecasts a moderate 3% rise in retail sales during the 2023 holiday season, down from previous years. Despite inflation, retailers are offering significant Black Friday deals to attract customers. Amazon is discounting tech products, Best Buy has cut MacBook Air prices, and Crocs offers discounts on clogs. Dick's Sporting Goods, Kohl's, Microsoft, Samsung, Sony, and Walmart are also providing various deals. Zoom Video Communications is believed to be offering discounts on its services. Other retailers like Birkenstock, Costco, Dell, Gap, Macy's, Motorola, Nike, VIZIO, Wayfair, and Williams-Sonoma are mentioned for their Black Friday sales.

Portfolio Pulse from Anthony Noto

November 24, 2023 | 7:27 pm

AMZN

BBY

COST

TGT

WMT

Cyber Monday 2023 is expected to break records with $12 billion in sales, up 6% from 2022. Amazon, Target, Walmart, Best Buy, and Costco are gearing up with deals. Amazon and Target stocks are trading below consensus price targets, suggesting a bargain, while Walmart's stock is also seen as undervalued. Best Buy and Costco stocks are trading above their consensus price targets, indicating they may not be bargains.

Portfolio Pulse from Surbhi Jain

November 24, 2023 | 6:51 pm

AMZN

SONY

Amazon.com, Inc (NASDAQ:AMZN) is offering a Black Friday deal on Sony Group Corp.'s (NYSE:SONY) PlayStation 5 Disc Edition, selling it at $449.99, a $50 discount from the original price. The PS5 Disc Edition is compatible with various accessories and is popular for its advanced hardware and exclusive game lineup. It also includes a built-in drive for physical media.

Portfolio Pulse from Franca Quarneti

November 24, 2023 | 6:17 pm

SAVE

Spirit Airlines Inc (NYSE:SAVE) has launched a Black & Yellow Friday sale from November 24-26, offering one-way flights starting at $20 and bonus Free Spirit Points for bookings made during the sale period. Customers can earn up to 500 points for roundtrip flights and 250 points for one-way flights. Additionally, Spirit Vacations is offering a 20% discount on all-inclusive resorts in various destinations. Despite a 6.3% year-over-year decline in Q3 FY23 revenue, the company's financial performance slightly beat consensus estimates. Spirit's stock closed slightly higher on Friday.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 6:12 pm

EBAY

ETSY

GOOG

GOOGL

Small Business Saturday is gaining popularity among consumers, particularly millennials, with a reported $17.9 billion spent in 2022. American Express initiated the event in 2010 to support local businesses. A Bankrate survey indicates 61% of shoppers prefer Small Business Saturday over Black Friday. Alphabet's Google has launched new search features to help find local products, while Etsy offered discounts up to 60% on Black Friday. The trend reflects a consumer preference for personalized, community-focused shopping experiences.

Portfolio Pulse from Michael Cohen

November 24, 2023 | 5:55 pm

VZIO

WMT

VIZIO Holding Corp (NYSE:VZIO) has announced Black Friday discounts on its popular TVs and soundbars, with deals available through various dates, including some at Walmart Inc (NYSE:WMT). VIZIO's 50" and 75" Class V-Series 4K UHD LED Smart TVs are notably discounted. Following its Q3 earnings report, which surpassed consensus estimates, VIZIO's stock showed a slight increase.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 4:48 pm

TGT

Target Corp (NYSE:TGT) has announced a two-day Cyber Monday sale on Nov. 26-27 with up to 50% off on thousands of items, including top brands like Disney, Samsung, PlayStation, and Beats. The sale is exclusive to Target.com and the Target app. Additionally, Target offers week-long holiday deals through Dec. 24 and new deals each week in December. Target Circle members can enjoy 10% off Target GiftCards on Dec. 2-3. Target also provides a Holiday Price Match Guarantee and will match select competitors' pricing within 14 days of purchase.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 4:35 pm