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The past week in consumer tech saw significant developments including a global tech outage caused by a flawed update from CrowdStrike Holdings Inc. (CRWD), leading to widespread criticism. Roblox Corporation (RBLX) reported a sharp increase in child exploitation incidents. Apple Inc. (AAPL) and Texas Instruments (TXN) both reported earnings that beat analyst estimates. Nvidia Corp. (NVDA) is developing a new AI chip for the Chinese market and has approved the use of Samsung's HBM3 chips. Meta Platforms Inc. (META) faces scrutiny from the EU over its 'pay or consent' model. Warner Bros. Discovery, Inc. (WBD) announced the acquisition of Player First Games.

Portfolio Pulse from Lekha Gupta

July 28, 2024 | 7:39 pm

BTCUSD

Anthony Scaramucci, former White House Communications Director, expressed his support for Donald Trump's stance on Bitcoin, highlighting the growing acceptance of Bitcoin in political and financial circles. Scaramucci praised Republican policies aiding the crypto industry and noted the potential for Bitcoin to become a bipartisan issue.

Portfolio Pulse from Bibhu Pattnaik

July 28, 2024 | 5:32 pm

CMCSA

Snoop Dogg, covering the 2024 Paris Olympics for Comcast Corp-owned NBCUniversal, stole the show as a torchbearer and cheered on Team USA's first gold medal in swimming. His unique coverage and enthusiastic support have brought joy and optimism to the event.

Portfolio Pulse from Maureen Meehan

July 28, 2024 | 4:29 pm

BTCUSD

Former President Donald Trump proposed a strategic national crypto stockpile and pledged to retain the U.S. government's Bitcoin holdings if he returns to the presidency. His remarks were made during a keynote speech at the Bitcoin Conference in Nashville, amidst the 2024 presidential race. Trump criticized the Biden-Harris administration's approach to cryptocurrency and vowed to dismantle their 'anti-crypto crusade.'

Portfolio Pulse from Bibhu Pattnaik

July 28, 2024 | 3:59 pm

CMCSA

DKNG

The USA Men's Basketball Team is heavily favored to win gold at the 2024 Summer Olympics, led by LeBron James and Steph Curry. The team is drawing comparisons to the 1992 'Dream Team.' Comcast Corp (NASDAQ: CMCSA) will broadcast the games, and DraftKings Inc (NASDAQ: DKNG) provides betting odds.

Portfolio Pulse from Chris Katje

July 28, 2024 | 3:02 pm

ALEC

Alector, Inc. (NASDAQ: ALEC) announced baseline characteristics data for its INVOKE-2 Phase 2 clinical trial, which is testing the effects of AL002, a novel TREM2 agonist, in early Alzheimer's disease. The data confirms a representative study population, enabling the assessment of AL002's safety and efficacy.

Portfolio Pulse from charles@benzinga.com

July 28, 2024 | 12:54 pm

AAPL

META

NVDA

TSLA

This week in AI saw significant developments including Elon Musk's AI plans with xAI and Nvidia, Mark Zuckerberg's critique of Apple, and Taiwan's $100 billion economic reform focusing on AI and infrastructure.

Portfolio Pulse from Benzinga Neuro

July 28, 2024 | 9:28 am

CMCSA

The 2024 Summer Olympics will see athletes competing for medals that have both monetary and historical value. U.S. athletes receive cash payouts for winning medals, and the event will be covered by Comcast Corporation (NASDAQ:CMCSA) in the U.S. The medals themselves contain valuable metals and pieces from the Eiffel Tower, adding to their worth.

Portfolio Pulse from Chris Katje

July 28, 2024 | 2:00 am

BTCUSD

TSLA

This week in cryptocurrency news, Elon Musk's profile picture change caused a 4,300% surge in the value of the meme coin Dark Maga. Vice President Kamala Harris' advisors consulted with Mark Cuban on crypto, while she decided not to attend the Bitcoin 2024 conference. Senator Cynthia Lummis criticized Biden's proposed 30% tax on Bitcoin mining, and economist Peter Schiff criticized Bitcoin investors' expectations from Trump.

Portfolio Pulse from Benzinga Neuro

July 28, 2024 | 12:00 am

META

Meta Platforms Inc.'s (NASDAQ:META) Threads app has seen a significant increase in user engagement and web traffic since its launch in July 2023. Monthly active users in the U.S. grew by 15.8% and by 6.3% in the U.K. from August 2023 to May 2024. In June 2024, traffic to Threads.net increased by approximately 9% compared to its launch month. Despite this growth, Threads still lags behind X in terms of monthly active users, although X's user base is declining.

Portfolio Pulse from Bibhu Pattnaik

July 27, 2024 | 5:17 pm