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NVDA

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin moved sideways over the weekend amid market uncertainty. Bitcoin's Open Interest rose 4%, indicating potential volatility. Analysts predict a bullish July for Bitcoin and Ethereum based on historical data. Stock futures also gained, with a focus on AI stocks like NVIDIA.

Portfolio Pulse from Aniket Verma

July 01, 2024 | 1:51 am

AAPL

Apple Inc. plans to enhance the battery life of its iPhone 16 series by adopting stainless steel cases, which will help meet EU regulations and increase battery cell density by 5-10%. This change will also make batteries easier to replace, complying with the EU's 2027 regulation for replaceable batteries. Additionally, Apple faces scrutiny from the EU for potential violations of the Digital Markets Act.

Portfolio Pulse from Ananya Gairola

July 01, 2024 | 1:48 am

AAPL

GOOG

META

MSFT

PARA

SONY

The article covers various developments in the consumer tech world from June 23 to June 29, 2024. Key highlights include Alphabet's DeepMind study on AI misuse, Paramount Global's price hike for Paramount+, Sony's new PlayStation controller patent, Microsoft's Diablo 4 updates, and multiple updates from Apple including workforce reduction, RCS support, and struggles with its Vision Pro headset. Meta Platforms faces backlash over AI mislabeling and political content settings, while OpenAI plans to restrict access to its tools in China. Other notable mentions include Jack Dorsey's warning about deepfakes and leadership changes at X.

Portfolio Pulse from Lekha Gupta

June 30, 2024 | 7:17 pm

AAPL

META

Goldman Sachs has raised concerns about the high costs and uncertain returns of AI investments by tech companies, despite some experts' optimism. Apple and Meta are mentioned as key players in the AI space.

Portfolio Pulse from Bibhu Pattnaik

June 30, 2024 | 5:14 pm

AAPL

Apple analyst Ming-Chi Kuo revealed that Apple plans to mass-produce new AirPods with camera modules by 2026. These AirPods will feature an IR camera similar to the iPhone Face ID receiver, potentially enhancing user interaction and spatial audio experience.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2024 | 1:55 pm

AAPL

GOOG

META

This week in AI saw significant developments, including potential partnerships, analyst upgrades, and deepfake concerns. Apple and Meta are in talks about an AI partnership, with Meta interested in integrating its generative AI model into Apple's AI system. Rosenblatt analyst upgraded Apple shares from Neutral to Buy, raising the price target to $260. Jack Dorsey warned about deepfakes, and Anthropic's CEO emphasized AI safety. Arm Holdings' CEO highlighted the rapid growth of AI.

Portfolio Pulse from Benzinga Neuro

June 30, 2024 | 1:07 pm

AAPL

META

Apple Inc. (NASDAQ:AAPL) had a tumultuous week with a mix of partnership rejections, health accusations, and product leaks. Apple rejected Meta Platforms Inc.'s (NASDAQ:META) AI integration proposal, faced accusations of chemical exposure from a former employee, and had leaks about the Apple Watch X. Additionally, Apple's plan to reduce its assembly workforce faced setbacks.

Portfolio Pulse from Benzinga Neuro

June 30, 2024 | 11:45 am

DIS

FOX

FOXA

PARA

PARAA

WBD

The first 2024 presidential debate hosted by CNN, a unit of Warner Bros. Discovery (NASDAQ:WBD), attracted 47.9 million viewers. Fox News, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA), led the ratings with 8.82 million viewers. Other media companies like Walt Disney Company (NYSE:DIS)-owned ABC and Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA)-owned CBS also saw strong viewership. The debate was the most watched event in CNN history but had 35% fewer viewers than the first debate of 2020.

Portfolio Pulse from Chris Katje

June 29, 2024 | 3:13 pm

MAGA

RKT

Rocket Companies, Inc. (NYSE:RKT) has appointed Heather Lovier as the new COO, replacing Bill Emerson. Lovier has been with the company since 2003 and has held various roles. The company also recently appointed Shawn Malhotra as the first group CTO to focus on AI initiatives. RKT shares closed lower by 0.65% to $13.70.

Portfolio Pulse from Nabaparna Bhattacharya

June 29, 2024 | 2:56 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) is planning to build an 800-unit apartment complex as part of a new store development in South Los Angeles. The project includes 184 affordable housing units and aims to expedite the building process by using pre-manufactured units. This mixed-use development could serve as a test for future projects combining retail and housing.

Portfolio Pulse from Chris Katje

June 29, 2024 | 2:26 pm