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CRM

Salesforce CEO Marc Benioff announced the launch of Einstein Service Agent on the new Agentforce Platform, which aims to enhance customer support through intelligent collaboration between digital and human workers.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:59 pm

LEVI

NKE

Levi Strauss & Co. (NYSE: LEVI) reported its fiscal second quarter results, showing an earnings beat but a revenue miss. Despite an 8% YoY revenue increase to $1.44 billion, it fell short of the $1.45 billion estimate. Shares fell 15% in extended trading. Levi reaffirmed its full-year guidance and is transitioning to a third-party distribution network. Nike (NYSE: NKE) serves as a cautionary tale for this strategy.

Portfolio Pulse from Upwallstreet

June 28, 2024 | 7:45 pm

AMZN

EBCRY

SONY

Amazon Games is progressing with its Tomb Raider and The Lord of the Rings gaming projects, with reveals expected soon. The company emphasizes high-quality standards and plans to integrate these games with its broader entertainment offerings on Prime Video.

Portfolio Pulse from Franca Quarneti

June 28, 2024 | 7:45 pm

BTI

XXII

The Supreme Court has overturned the Chevron doctrine, which required courts to defer to regulators like the FDA on certain legal issues. This decision is seen as a victory for vape manufacturers, who believe it will weaken the FDA's power to regulate tobacco and nicotine products. The FDA has been trying to ban over 1 million vapes, citing public health concerns, but vape companies now see a potential breakthrough in their legal battles.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:36 pm

MCD

QSR

SBUX

WEN

YUM

Several major U.S. fast-food chains, including McDonald's, Burger King, Wendy's, Starbucks, and KFC, have introduced discounted meal deals to attract customers amid rising inflation. These deals offer significant savings compared to regular prices.

Portfolio Pulse from Hayden Buckfire

June 28, 2024 | 7:28 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading down despite unchanged U.S. inflation in May. Bitcoin, Ethereum, and Dogecoin have seen price declines. Notable developments include Bolivia legalizing Bitcoin and Bitcoin-powered Core Blockchain launching an exchange-traded product in Sweden. Analysts predict a bullish trend for Bitcoin by year-end.

Portfolio Pulse from Khyathi Dalal

June 28, 2024 | 7:18 pm

NCBDY

The 'Shadow of the Erdtree' DLC for Elden Ring has sold 5 million copies within three days of its release. Bandai Namco Holdings ADR (OTC:NCBDY) expressed gratitude to fans for this milestone. Despite initial mixed reviews, the DLC now enjoys a 'mostly positive' rating. FromSoftware's president, Hidetaka Miyazaki, hinted at potential movie adaptations of Elden Ring, provided a strong partnership is formed.

Portfolio Pulse from Franca Quarneti

June 28, 2024 | 7:12 pm

VST

Deep-pocketed investors have shown significant bearish sentiment towards Vistra (NYSE:VST) through unusual options activity. Benzinga's options scanner highlighted 15 extraordinary options activities, with 60% of the sentiment being bearish. The stock price of VST is currently down by 3.57%, trading at $84.11.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:01 pm

ETHUSD

MATICUSD

USDCUSD

WBD

The first 2024 presidential debate saw Joe Biden struggling, leading to speculation about potential replacements like Gavin Newsom, Kamala Harris, and Michelle Obama. Warner Bros. Discovery (NASDAQ:WBD)-owned CNN aired the debate. Betting odds on Polymarket showed a decline in Biden's chances of winning the election.

Portfolio Pulse from Chris Katje

June 28, 2024 | 6:57 pm

ERJ

Embraer shares are trading lower, likely due to a report of an Embraer Business Jet going off the runway at Newark Airport.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 6:55 pm