Streetbeat News

Partnerships

AVGO

GOOG

HACK

TRFK

Broadcom Inc (NASDAQ:AVGO) and Alphabet Inc's Google Cloud (NASDAQ:GOOG, NASDAQ:GOOGL) have expanded their partnership to optimize Broadcom's VMware workloads for Google Cloud, incorporating AI capabilities into Broadcom's offerings and planning joint go-to-market initiatives. This collaboration aims to enhance customer experiences and simplify cloud deployments. Broadcom is highlighted as a top pick in the AI sector, with analysts projecting significant revenue and EPS growth by 2024. Broadcom stock is also accessible through Pacer Data And Digital Revolution ETF (NYSE:TRFK) and Amplify Cybersecurity ETF (NYSE:HACK).

Portfolio Pulse from Anusuya Lahiri

April 09, 2024 | 3:19 pm

CELH

Celsius Holdings (NASDAQ:CELH) has seen significant options trading activity, with an equal split between bullish and bearish sentiments among investors. Notable trades include both calls and puts, targeting a price range of $65.0 to $90.0. The company, which specializes in energy drinks, has a strong market presence in North America and a strategic partnership with PepsiCo. Currently, CELH's stock is slightly up, with a neutral RSI and an upcoming earnings report. Market experts have issued positive ratings, with a consensus target price of $95.0.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 3:15 pm

NTES

NetEase shares are trading higher after reports emerged that the company and Blizzard are expected to announce a new deal. This development suggests a positive outlook for NetEase's future collaborations and financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 3:04 pm

SNOW

A Reddit post by user Fountainheadusa has sparked a discussion on Snowflake Inc (NYSE:SNOW), with opinions divided on its investment potential. The post discusses the company's CEO transition, strategic partnerships, and financial metrics, alongside broader market dynamics. While some Redditors are optimistic about Snowflake's growth, others express concerns over its valuation and profitability. Analyst consensus on Benzinga rates Snowflake as a Buy, with Rosenblatt recently upgrading the stock to Buy with a price target of $185, indicating a potential upside.

Portfolio Pulse from Surbhi Jain

April 09, 2024 | 3:03 pm

ARGT

TSLA

Argentina's Presidential Spokesperson announced that presidential candidate Javier Milei is scheduled to visit the Tesla factory in the U.S. and meet with CEO Elon Musk this week, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:44 pm

AMD

TSLA

BlackBerry Limited announced a collaboration with Advanced Micro Devices, Inc. to enhance next-generation robotic systems, causing its shares to rise 9%. Other stocks like Nurix Therapeutics, Taysha Gene Therapies, and Tesla also saw significant gains due to various factors including strategic collaborations, analyst ratings, and annual reports.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 2:43 pm

TLRY

The anticipation for the 4/20 cannabis festivities is high, with predictions of a significant increase in consumer traffic and sales. Retailers are focusing on strategic promotions and online ordering to enhance the shopping experience. Tilray Brands (NASDAQ:TLRY) is leading with new products across its brands. Dr. Dabber introduces innovative vaporizers with advanced technology. The Benzinga Cannabis Capital Conference in Florida is highlighted as a key event for industry networking and growth.

Portfolio Pulse from Nicolás Jose Rodriguez

April 09, 2024 | 2:29 pm

CRM

FDTX

FEPI

IQV

Salesforce, Inc. (CRM) and IQVIA Holdings, Inc. (IQV) have expanded their global strategic partnership to develop the Life Sciences Cloud, aiming to enhance customer engagement in the life sciences sector. The partnership involves IQVIA licensing its Orchestrated Customer Engagement (OCE) CRM-related software to Salesforce, with the new platform expected to launch in 2025. IQVIA will also continue to market and support the OCE CRM product until 2029. This collaboration is seen as a significant step for Salesforce's Life Sciences Cloud innovation. Additionally, investors can gain exposure to Salesforce through REX FANG & Innovation Equity Premium Income ETF (FEPI) and Fidelity Disruptive Technology ETF (FDTX). CRM shares saw a 0.55% increase to $303.40.

Portfolio Pulse from Lekha Gupta

April 09, 2024 | 2:03 pm

BNY Mellon and Kyriba have announced a collaboration to integrate BNY Mellon's LiquidityDirect short-term investment platform with Kyriba's scalable SaaS treasury and finance solutions. This partnership aims to enhance the offerings of both companies by providing clients with a more comprehensive and efficient financial management tool.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 2:02 pm

DIS

NFLX

Disney CEO Bob Iger emphasizes focusing on theme parks and experiences, the best-performing division, while aiming to make streaming profitable by following Netflix's strategies. Disney plans to invest $60 billion in park enhancements over the next decade and aims to integrate Hulu into Disney+ and transition ESPN for streaming. Despite challenges, the experiences division posted record revenue and operating income in the 2023 fiscal year.

Portfolio Pulse from Upwallstreet

April 09, 2024 | 1:57 pm