Streetbeat News

Partnerships

AAPL

AMZN

Apple TV+ will be available as a $9.99 add-on through Amazon Prime Video in the U.S. starting later this month. This collaboration aims to expand Apple TV+'s reach and enhance Prime Video's offerings.

Portfolio Pulse from Ananya Gairola

October 10, 2024 | 4:31 am

APLD

Applied Digital Corp (NASDAQ:APLD) reported better-than-expected Q1 results with a loss of 15 cents per share and revenue of $60.7 million. The company highlighted a $160 million private placement involving Nvidia, boosting its balance sheet. Despite positive results, shares dipped 5.73% during regular trading but rose 3.66% after-hours.

Portfolio Pulse from Erica Kollmann

October 09, 2024 | 8:38 pm

MSOS

Benzinga's Cannabis Capital Conference is currently live, featuring a session titled 'Outpacing The Market: 10 Secrets For Building A Successful Commercial Grow'. The event is likely to discuss strategies and insights for success in the cannabis industry.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:30 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares hit new 52-week highs, driven by strong demand for its AI platform across various sectors and significant government contracts. The company's inclusion in the S&P 500 has increased institutional investment, despite a deceleration in revenue growth.

Portfolio Pulse from Vaishali Prayag

October 09, 2024 | 8:28 pm

BLMZ

BloomZ shares rise as the company is chosen as the primary animation contractor for a new project.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:26 pm

TSLA

UBER

Tesla's upcoming Robotaxi Day could significantly impact Uber's stock price and future valuation. Analysts from Bank of America maintain a Buy rating on Uber, citing potential benefits from Tesla's event for Uber's long-term growth. They also highlight the competitive landscape of autonomous vehicles, with key investors like Alphabet, Amazon, and General Motors. While Tesla's advancements could pose a threat, Uber's partnerships and market opportunities remain strong.

Portfolio Pulse from Chris Katje

October 09, 2024 | 8:12 pm

BLMZ

BloomZ has been chosen as the primary animation production contractor for a new project, acquiring rights to the opening music, overseas distribution, and commercialization. The company plans to expand into the global animation market through strategic alliances and diversified revenue streams.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:07 pm

LYFT

TSLA

UBER

Tesla's upcoming Robotaxi event poses a potential threat to Uber and Lyft, but JPMorgan analyst Doug Anmuth believes Uber is well-positioned in the autonomous vehicle (AV) ecosystem. Despite Tesla's aggressive push, Uber's strategic partnerships with AV companies like Waymo and Cruise provide it with a strong foothold. Anmuth maintains an Overweight rating for Uber, with a price target of $95 by December 2025, and suggests that regulatory challenges may delay Tesla's plans, giving Uber time to strengthen its position.

Portfolio Pulse from Surbhi Jain

October 09, 2024 | 6:28 pm

BAC

Bank of America is facing business losses due to a block-trading probe in Asia, with allegations of employees sharing nonpublic information. This has led to the bank being removed from an IPO mandate by EQT and concerns from a Norwegian conglomerate.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:36 pm

NOW

ZM

ServiceNow and Zoom have announced an expanded strategic alliance to integrate their generative AI technologies, aiming to enhance workflow automation and productivity. This integration is expected to be available in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 5:11 pm