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NFLX

SONY

Netflix Inc (NASDAQ:NFLX) released the first part of the final season of 'The Crown,' which Prince Harry has admitted to watching in the past. However, he will not watch the new season due to the sensitive nature of the content involving his mother, Princess Diana. The show, co-produced with Sony Group Corp (NYSE:SONY), has been a significant part of Netflix's original content since 2016 and could see strong ratings with its final season, especially following the death of Queen Elizabeth II.

Portfolio Pulse from Chris Katje

November 16, 2023 | 10:57 pm

AMZN

HD

TGT

WMT

Walmart Inc (WMT) exceeded Q3 earnings and revenue estimates but issued cautious holiday guidance, causing shares to drop over 7%. Revenue growth was driven by strong grocery and digital sales, with Walmart U.S. comparable sales up 4.9% YoY. Adjusted EPS was $1.53, above the expected $1.52. Annual guidance was slightly below expectations at $6.40-$6.48 per share. Walmart, Target (TGT), and Home Depot (HD) noted easing inflation, but consumer deal-seeking behavior may impact holiday sales. Walmart competes with Amazon (AMZN) in fast holiday deliveries, with both expanding their fulfillment capabilities.

Portfolio Pulse from Upwallstreet

November 16, 2023 | 9:57 pm

AMZN

DELL

SONY

Dell Technologies Inc is offering a $100 discount on the Sony PSVR2 Horizon Call of the Mountain bundle for Black Friday, priced at $499.99. This exclusive deal at Dell is the only known discount for the PSVR2 bundle. The PSVR2 headset features advanced technology and requires a PS5 console. Additionally, Amazon.com Inc has reduced the price for Gran Turismo 7, which may see further discounts during Black Friday.

Portfolio Pulse from Franca Quarneti

November 16, 2023 | 9:52 pm

MYGN

Myriad Genetics has partnered with Personalis to market their combined solutions to pharmaceutical customers. The collaboration aims to enhance Myriad's hereditary cancer tests with Personalis' advanced sequencing capabilities, potentially improving patient outcomes and accelerating drug development processes.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:08 pm

HIMX

Himax Technologies, Inc. (NASDAQ:HIMX) shares rose after reporting Q3 earnings that exceeded analyst estimates. Earnings per share were six cents, surpassing the expected four cents, despite being lower than the previous year's 17 cents. Sales also beat estimates, coming in at $238.50 million against the anticipated $229.38 million. The positive earnings report and the announcement of attending the UBS Global Technology Conference have contributed to the stock's upward trend.

Portfolio Pulse from Ryan Gustafson

November 16, 2023 | 8:50 pm

RBLX

Roblox Corp's Investor Day has sparked optimism among analysts, with several reiterating or upgrading their ratings and price targets based on the company's projected bookings growth, margin expansion, and advertising business potential. Piper Sandler raised the price target from $50 to $52, while other analysts from firms like Oppenheimer, Needham, Benchmark, Morgan Stanley, Citi, and Raymond James provided positive outlooks and price targets ranging from $30 to $52. Despite the positive analyst sentiment, RBLX shares traded lower by 4.48% at $37.98.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 6:48 pm

AMZN

HYMTF

Hyundai and Amazon have announced a partnership that includes the launch of online vehicle sales on Amazon.com, starting with Hyundai in 2024. This initiative aims to make it easier for customers to purchase vehicles and pick them up from local dealers. Additionally, Hyundai has selected Amazon Web Services (AWS) as its preferred cloud provider to assist in the digital transformation of its operations, production, and customer services. The collaboration will also integrate Alexa Built-in into Hyundai's next-generation vehicles, enhancing the in-car experience.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:06 pm

AMZN

MSFT

Amazon is expanding its 'Buy with Prime' program and lobbying against Microsoft's Azure cloud service to prevent customer lock-in. Amazon's Project Kuiper has successfully tested two satellites, aiming for a global broadband service to compete with SpaceX's Starlink. Despite these initiatives, AMZN shares saw a slight decrease.

Portfolio Pulse from Anusuya Lahiri

November 16, 2023 | 5:37 pm

FL

The NBA and Foot Locker have announced a multiyear partnership that solidifies their long-standing relationship and celebrates the connection between basketball and sneaker culture. This collaboration comes after Foot Locker launched its 'The Heart of Sneakers' global brand platform.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:43 pm

FMST

At Benzinga's 'Metals & Mining' Conference, Foremost Lithium President & CEO Jason Barnard stated that Foremost Lithium is the only hardrock lithium mining company listed on NASDAQ, which limits its competition in the market.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 4:13 pm