Streetbeat News

Partnerships

AAPL

AMZN

LLY

Jim Cramer, host of CNBC's 'Mad Money,' discussed the upcoming week's key events for investors, including earnings reports from Apple Inc. (AAPL), Amazon.com Inc. (AMZN), and Eli Lilly and Co. (LLY). He emphasized the significance of the Federal Reserve meeting and the Department of Labor's employment figures. Cramer expressed concerns about the economy's strength and highlighted Apple's collaboration with Nvidia as a potential boost for Apple's stock. He also criticized the media's focus on Apple's challenges over the successes of Google and Microsoft.

Portfolio Pulse from Ananya Gairola

April 27, 2024 | 2:33 am

AAPL

GOOG

GOOGL

MSFT

Apple Inc. is in discussions with Microsoft-backed OpenAI to potentially integrate OpenAI's technology into the iPhone's next operating system, iOS 18. These talks mark a reopening of discussions between Apple and OpenAI, with the possibility of incorporating AI features into future iPhones. Apple is also in ongoing discussions with Alphabet Inc.'s Google about licensing Google's Gemini AI models for future iPhones. The outcome of these discussions could significantly impact the iPhone's AI capabilities, as Apple seeks to enhance its devices with new AI features.

Portfolio Pulse from Rounak Jain

April 27, 2024 | 2:13 am

EHang Holdings Limited (EHang) partners with Multi Level Group (MLG) and the Abu Dhabi Investment Office (ADIO) to drive eVTOL development in the UAE. The collaboration, announced at Abu Dhabi's DRIFTx event, aims to transform transportation with EHang's pilotless eVTOL aircraft and UAV systems. EHang plans to establish regional headquarters in Abu Dhabi, focusing on manufacturing, flight operations, R&D, training, and MRO facilities. ADIO will support EHang's growth, promoting Abu Dhabi as a hub for urban air mobility (UAM) technology.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:20 pm

BWB

Bridgewater Bancshares, Inc. (NASDAQ:BWB) announced Joe Chybowski's promotion to President, effective April 26, 2024, alongside other strategic leadership transitions. Chybowski, currently the CFO, will work closely with CEO Jerry Baack, aiming to drive strategic excellence and innovation. The company highlighted Chybowski's significant contributions since joining in 2013, including leading Bridgewater through its IPO and managing through macroeconomic challenges. Additional appointments include Mary Jayne Crocker as Chief Strategy Officer and Laura Espeseth as Chief Accounting Officer, marking a commitment to internal talent development and strategic growth.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:19 pm

AMZN

CMCSA

DIS

WBD

Amazon Prime Video is nearing a deal with the NBA to become a primary broadcaster for league games, starting the 2025-2026 season. This deal, expected to last at least a decade, includes significant regular and postseason games. ESPN/ABC is also finalizing a similar long-term agreement, maintaining the Finals broadcast. The negotiations leave Warner Bros. Discovery's TNT Sports and Comcast's NBC competing for the remaining game packages. The NBA aims to incorporate streaming in its broadcasting strategy, impacting traditional broadcasters.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:47 pm

INTC

KKR

Apollo, KKR, and Stonepeak are reportedly considering an investment in a chip joint venture with Intel, according to Bloomberg. This move could signal a significant partnership in the semiconductor industry, potentially boosting Intel's capabilities and financial resources.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:57 pm

BDRX

ICLK

MSFT

NUWE

SAIA

SNAP

ULH

U.S. stocks saw gains with the Dow Jones rising over 200 points, led by Microsoft's positive earnings report. Microsoft's shares increased by more than 2% after reporting a 17% year-over-year revenue increase to $61.9 billion, surpassing estimates. Other notable movements included Biodexa Pharmaceuticals surging 78% due to an exclusive license agreement, Snap Inc. rising 26% on strong financial results, and Universal Logistics Holdings gaining 37% after exceeding quarterly expectations. Conversely, iClick Interactive, Nuwellis, and Saia saw significant drops due to various negative announcements.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 6:50 pm

AMZN

ROKU

WMT

Roku, Inc (NASDAQ:ROKU) shares dropped after analysts cut price targets post-Q1 earnings, despite acknowledging its growth potential and ad market share gains. Wedbush, Piper Sandler, Benchmark, Oppenheimer, and JP Morgan analysts provided mixed reviews, highlighting Roku's early EBITDA profitability, market share expansion, and strategic ad platform developments. Concerns include competition from Walmart Inc (NYSE:WMT) – VIZIO Holding Corp (NYSE: VZIO), Amazon.Com Inc (NASDAQ:AMZN) ad-supported platforms, and the timing of revenue acceleration.

Portfolio Pulse from Anusuya Lahiri

April 26, 2024 | 6:21 pm

RIVN

Rivian has announced plans to open its fast-charging network to all electric vehicles (EVs) by late 2024. This move is expected to significantly enhance the EV charging infrastructure and make Rivian's network more accessible to a broader range of EV users, potentially increasing the utility and attractiveness of Rivian's charging solutions.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:15 pm

AON

BDRX

ICLK

NUWE

Aon plc shares fell by 7.4% after reporting quarterly financial results below market expectations. Other stocks showed significant movement, with Biodexa Pharmaceuticals and Pineapple Energy among the top gainers, while iClick Interactive and Nuwellis were notable losers.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 5:56 pm