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ATVI

HAS

MSFT

Hasbro, Inc (NASDAQ:HAS) has apologized to Activision Blizzard, Inc (NASDAQ:ATVI) for mistakenly stating that Activision had lost Xbox 360-era Transformers games. Hasbro had previously expressed hope that the games would be found if the deal with Microsoft Corp. (NASDAQ:MSFT) went through. Activision's CCO and EVP of corporate affairs, Lulu Cheng Meservey, denied the allegations on Twitter, assuring that Activision has the code for the Transformers games and that they were never lost.

Portfolio Pulse from Franca Quarneti

August 04, 2023 | 12:18 pm

CDLX

Needham analyst Kyle Peterson reiterated a Buy rating on Cardlytics, Inc (NASDAQ:CDLX), raising the price target to $19 from $10. CDLX's 2Q23 results exceeded expectations, and the company's relationships with top US banks are seen as key to its targeted marketing success. Peterson raised FY23 and FY24 revenue estimates and expects the company's acquisitions to diversify its MAU base and advertiser vertical mix.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 12:00 pm

AHI

Advanced Health Intelligence (AHI) has executed a binding exclusive, perpetual license with Shanghai-based Changlin Network Technology. This news has led to a rise in AHI's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

JAZZ

Jazz Pharmaceuticals has entered into a letter of intent with the Pan-Canadian Pharmaceutical Alliance (pCPA) for Rylaze, a drug aimed at addressing the unmet needs of acute lymphoblastic leukemia and lymphoblastic lymphoma patients across Canada.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:57 am

AAPL

GS

Apple has announced that its Card's savings account, managed by Goldman Sachs, has reached over $10 billion in deposits.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:55 am

NKLA

Nikola Corp (NASDAQ:NKLA) is set to hold its annual shareholder meeting and report Q2 earnings this week. The company is expected to report a loss of 22 cents per share on revenue of $15.43 million. Nikola's shares have risen nearly 100% over the past month, following an agreement with BayoTech to advance hydrogen supply for commercial fuel cell electric vehicle fleets and an announcement that JB Hunt Transport plans to purchase 13 Nikola zero-emission Class 8 trucks.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 11:55 am

ENLC

F

TSLA

VWAGY

XOM

Exxon Mobil Corporation is in the news for several reasons. EnLink Midstream has published its 2022 Sustainability Report, which is relevant to Exxon's environmental risk. ExxonMobil is in early-stage discussions with major carmakers Tesla, Ford, and Volkswagen regarding lithium supply chains for electric vehicle batteries. The company recently purchased drilling rights in Arkansas, a region believed to have significant lithium deposits. A recent report provides a comprehensive overview of the lubricants market, where Exxon Mobil Corporation is a major player.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:53 am

DIS

Disney CEO Bob Iger is seeking minority partners for ESPN, according to a CNBC report. However, the report suggests that securing a deal may be challenging.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:53 am

MSFT

PYPL

PayPal Holdings, Inc (NASDAQ:PYPL) is set to report its Q2 2023 earnings on August 2, 2023, with analysts expecting a rise in earnings per share from $0.93 to $1.06, despite a slight drop in revenue. The company's stock is under pressure due to high inflation, weak employment numbers, and a downgrade of the U.S. credit rating by Fitch. Analysts from Morgan Stanley, BTIG, and Piper Sandler have given mixed ratings and price targets for PYPL. The company recently announced the integration of its Pay Later solution into Microsoft Corp's (NASDAQ:MSFT) platforms in several countries.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:52 am

AAPL

ACDVF

Apple Inc (AAPL) has complied with Chinese AI regulations by removing over a hundred ChatGPT-like apps from its China store. Air Canada (ACDVF) plans to offer Apple TV+ programming on its flights. Apple's Q3 results are awaited with high expectations, with strong iPhone revenues and growth in the Chinese market anticipated.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:49 am