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Partnerships

AAPL

GOOG

GOOGL

Gene Munster and Dan Nathan consider Apple Inc. (AAPL) and Alphabet Inc. (GOOG, GOOGL) as AI underdogs, but believe their status will change. They discussed the potential impact of a partnership between Apple and Google on AI integration in iPhone software, amidst broader discussions on AI's role in tech and national security concerns.

Portfolio Pulse from Ananya Gairola

March 21, 2024 | 4:24 am

AAPL

NVDA

Apple Inc. is preparing to launch its Apple Vision Pro in Australia and Japan, indicated by recent job postings for Briefing Experience Specialist roles. Initially launched in the U.S. on February 2, the product has seen high global demand despite its $3,499 price tag. Nvidia Corp. also announced a new software framework at the Nvidia GTC event, enabling developers to integrate digital twin scenes with Apple Vision Pro's displays, potentially enhancing its capabilities and appeal.

Portfolio Pulse from Sudhanshu Singh

March 21, 2024 | 2:54 am

NVDA

NVIDIA Corp's CEO, Jensen Huang, discussed the company's focus on humanoid robots and embodied AI, citing the abundance of human movement data as a key reason. At a San Jose conference, Nvidia unveiled Project GROOT, aimed at advancing humanoid robot technology. Despite Huang's optimistic outlook on AI and Nvidia's technology, the company's stock dipped slightly after his presentation, while stocks of other mentioned companies rose. The upcoming GTC 2024 conference is expected to highlight new AI products, use cases, and partnerships.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 2:16 am

DIS

Jimmy Kimmel, host of ABC's 'Jimmy Kimmel Live!' and the 96th Academy Awards, continues his verbal feud with former President Donald Trump. Kimmel used his platform to mock Trump, who has retaliated by criticizing Kimmel in a Fox News interview. This ongoing battle has garnered significant attention, with Kimmel enjoying the publicity and even turning a comment about Trump into viral merchandise. The feud could potentially impact Disney, as Trump may avoid interviews with ABC or other Disney-owned outlets, and Kimmel's spat with NFL star Aaron Rodgers, a regular guest on ESPN (also owned by Disney), threatens to complicate relations.

Portfolio Pulse from Chris Katje

March 20, 2024 | 9:55 pm

LUNR

NOC

RKLB

SPCE

The U.S. Defense Department's DARPA has selected Northrop Grumman Corp (NOC) to develop a concept for a moon-based railway. This initiative is part of DARPA's 10-year Lunar Architecture Capability Study aimed at establishing lunar infrastructure for future commercial services. Northrop Grumman will explore the feasibility, costs, risks, and necessary resources for building and operating a lunar railway system. This project aligns with growing interest in lunar exploration and space economy, highlighted by recent achievements in space tourism and exploration by companies like Intuitive Machines Inc (LUNR), SpaceX, Rocket Lab USA Inc (RKLB), Virgin Galactic Holdings Inc (SPCE), and Blue Origin.

Portfolio Pulse from Adam Eckert

March 20, 2024 | 9:41 pm

HLTH

Cue Health announces Clint Sever as new CEO, replacing Ayub Khattak. The company plans a comprehensive review of its business and operations to refine its strategy and cost structure, aiming to strengthen its future position.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:23 pm

SMG

Scotts Miracle-Gro's subsidiary, Hawthorne Gardening, has entered into a strategic distribution partnership with BFG Supply. Under this partnership, BFG will distribute Hawthorne's proprietary Signature brand cultivation supplies and solutions.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:06 pm

CZR

DKNG

PARA

WBD

Jim McIngvale, known as Mattress Mack, has placed a $1 million bet on the Houston Cougars to win the 2024 NCAA Men's Basketball Tournament with Caesars Entertainment. The bet was made at odds of +750, and Houston is now a +550 favorite at DraftKings. The tournament's broadcast rights are shared between Warner Bros. Discovery and Paramount Global, with games aired on various channels and streaming platforms. A Houston win could significantly impact Caesars Entertainment due to the large bet.

Portfolio Pulse from Chris Katje

March 20, 2024 | 8:55 pm

Air Lease Corporation (AL) has announced the lease placement of two new Airbus A321neo aircraft with Transavia. This move is part of AL's strategy to expand its fleet and secure new leasing agreements.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 8:31 pm

GTLS

Chart Industries, Inc. (GTLS) has announced a collaboration with GasLog LNG Services to focus on the deployment of large-scale liquid hydrogen. This partnership aims to leverage Chart Industries' expertise in liquid hydrogen technology and GasLog's experience in LNG services to advance the development and commercialization of liquid hydrogen as a clean energy source.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 8:26 pm