Streetbeat News

Partnerships

CLVT

Clarivate Plc (NYSE:CLVT), a global intelligence provider, has extended its partnership with the Financial Times for the sixth year to supply high-quality data for three business school rankings, including the Global MBA Rankings.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 8:10 am

JOBY

Joby Aviation has signed a definitive agreement with Dubai's Road and Transport Authority to launch air taxi services in Dubai by early 2026. The agreement grants Joby exclusive rights to operate air taxis in Dubai for six years, covering regulatory approaches for early operations and includes support for entry and maturing of the service. Additionally, Joby signed an agreement with Skyports to build and operate four vertiports in Dubai.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 6:57 am

AAPL

Apple Inc. (NASDAQ:AAPL) has updated its Maps app to offer an immersive view of the Allegiant Stadium, the venue for Super Bowl LVIII, including the Apple Music Halftime Show. This feature is accessible on iPhone, iPad, or Mac devices, allowing users to virtually explore the stadium. The update highlights Apple's partnership with the NFL for the Super Bowl Halftime Show and its efforts to integrate its services into popular cultural events. Apple executives visited the Summerlin Apple Store in Las Vegas, emphasizing the company's involvement in the event.

Portfolio Pulse from Benzinga Neuro

February 12, 2024 | 2:03 am

AAPL

MSFT

NVDA

This week in AI featured significant developments including NVIDIA's price forecast increase by Goldman Sachs, the revelation of ChatGPT's secret sauce backed by Microsoft, and AI's role in solving ancient mysteries. NVIDIA's stock is expected to rise due to demand for accelerated computing. Microsoft's involvement with ChatGPT highlights its investment in AI. Additionally, AI startup Midjourney's new hardware division led by a former Apple engineer signifies growth in AI hardware.

Portfolio Pulse from Benzinga Neuro

February 11, 2024 | 5:41 am

DIS

PLTR

PYPL

TSLA

Benzinga's analysis highlights the S&P 500 and Nasdaq 100's positive performance, driven by AI optimism. Treasury Secretary Janet Yellen expressed concerns about digital assets and the commercial real estate sector, advocating for regulatory action and fiscal sustainability. Bullish views were shared on Tesla, Palantir, and a meme coin named Floki, while bearish perspectives focused on the market dominance of tech giants, Disney's diversity policies, and PayPal's conservative outlook for 2024.

Portfolio Pulse from Michael Cohen

February 10, 2024 | 1:39 pm

NVDA

Nvidia Corporation (NASDAQ:NVDA) has reached a $1.7 trillion market cap, equaling the entire Chinese stock market. This surge, attributed to a $600 billion increase in the last two months, positions Nvidia as the most valuable chipmaker globally. Despite concerns over its valuation, analysts remain optimistic, citing strong near-term results and AI innovations. Nvidia's stock has risen by 239% in 2023 and an additional 41% in 2024, while the Hang Seng index has fallen significantly.

Portfolio Pulse from Ananya Gairola

February 10, 2024 | 7:14 am

AAPL

The Enhanced Games, backed by Peter Thiel, is considering allowing athletes to use Apple's Vision Pro mixed-reality headset in competitions. CEO Aron D'Souza highlighted the potential integration of AR, VR, and mixed-reality technology, contrasting with traditional sports organizations' stance against performance enhancements. The games, expected in 2025, have sparked debate over health risks and sports integrity. Apple Vision Pro has received praise from tech leaders, indicating a significant interest in its application in sports.

Portfolio Pulse from Rounak Jain

February 10, 2024 | 6:30 am

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

TSLA

The escalating geopolitical tensions between China and Taiwan pose a significant risk to the Magnificent Seven tech giants, including Apple, Amazon, NVIDIA, Tesla, Meta Platforms, Alphabet, and Microsoft, as per Jeremy Grantham's GMO. These companies, with substantial revenue exposure and ties to Taiwan's chip industry, could face challenges in accessing crucial technologies for AI development.

Portfolio Pulse from Ananya Gairola

February 10, 2024 | 3:59 am

DELL

TSLA

Dell Technologies CEO Michael Dell toured Tesla's gigafactory in Texas, guided by Tesla CEO Elon Musk. The visit highlighted the Cybertruck and the impressive scale of Tesla's manufacturing hub. The two CEOs have a history of mutual respect and collaboration, dating back to 2013 when Musk attended Dell World.

Portfolio Pulse from Anan Ashraf

February 10, 2024 | 2:37 am

CZR

DKNG

FLUT

MGM

PENN

WYNN

Super Bowl LVIII's 30-second TV commercial costs have soared to $7 million, a 185x increase since the first Super Bowl in 1967. This reflects the high value companies place on the event's massive viewership, which continues to dominate ratings. The 2023 Super Bowl attracted 113 million viewers, a six-year high. The upcoming game, with potential record-breaking viewership due to Taylor Swift's involvement, is expected to see $1.5 billion in wagers, 35% higher than last year. Companies like MGM Resorts International, Caesars Entertainment, PENN Entertainment, DraftKings, Flutter Entertainment's FanDuel, and Wynn Resorts are highlighted as potential beneficiaries of the increased attention and betting activity.

Portfolio Pulse from Chris Katje

February 09, 2024 | 9:54 pm