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MGNI

TF1 PUB has partnered with Magnite to enhance its programmatic advertising capabilities, aiming to drive digital growth. This collaboration is expected to leverage Magnite's technology to optimize advertising strategies.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:32 am

TSLA

Tesla's insurance registrations in China reached 16,200 last week, marking a 12.5% increase from the previous week and the third-highest this year. This surge suggests Tesla is on track for its best quarter ever in China, with registrations up 15% year-over-year and 25% quarter-over-quarter. Despite competition from domestic automakers, Tesla's Shanghai gigafactory is operating at full capacity, producing the Model 3 and Model Y for both domestic and international markets.

Portfolio Pulse from Anan Ashraf

September 10, 2024 | 6:28 am

AAPL

Apple's iPhone 16 launch in China has been met with disappointment due to the lack of AI features, amid rising competition from Huawei. Despite the criticism, analysts believe the absence of AI features may not significantly impact Apple's near-term sales, but stress the need for Apple to establish an AI ecosystem in China to stay competitive.

Portfolio Pulse from Ananya Gairola

September 10, 2024 | 6:26 am

AMD

INTC

NVDA

AMD is shifting its focus from gaming GPUs to AI chips, projecting $4.5 billion in sales for its MI300x AI chip in 2024. This move is part of AMD's strategy to compete with Nvidia in the AI sector. The company plans to release new AI chips annually, with significant growth expected in AI-related revenue.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 6:23 am

ASO

GME

NVDA

PLAY

RLAY

The Dow Jones surged over 1% on Monday, recovering from last week's losses. NVIDIA shares rose 3.5% after a significant drop last week, while Relay Therapeutics saw a 52% jump following positive interim data for its breast cancer treatment. The Fear & Greed Index remains in the 'Fear' zone, indicating cautious investor sentiment.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 6:12 am

AAPL

Apple is in talks with Micron and Tata Group to secure India-made chips for iPhones, aiming to shift 26% of global production to India by 2026. Apple's semiconductor demand is projected to reach $12 billion by then, with significant spending on Indian-made chips.

Portfolio Pulse from Ananthu C U

September 10, 2024 | 5:55 am

DOGEUSD

Dogecoin surged over 6% after Elon Musk reminisced about his 'Dogefather' SNL skit, boosting trading volume by 52%. The rally was supported by Musk's humorous comments and broader cryptocurrency market recovery.

Portfolio Pulse from Aniket Verma

September 10, 2024 | 5:50 am

AAPL

Apple continues its strategy of offering eSIM-only iPhone 16 models exclusively in the US, maintaining the approach started with the iPhone 14. These models support 5G mmWave, which has limited adoption due to its short-range signal. The iPhone 16 series, featuring the new A18 chip, was unveiled at the 'Glowtime' event, but received mixed reviews.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 4:51 am

BITB

IBIT

Matt Hougan, CIO at Bitwise Asset Management, argues that investment advisors are adopting Bitcoin ETFs faster than any other ETF in history, countering skepticism from macro analyst Jim Bianco. The iShares Bitcoin Trust ETF (IBIT) has seen $1.45 billion in net inflows, making it the second highest among over 300 ETFs launched this year. Bitwise's own Bitcoin ETF (BITB) has attracted $1.93 billion in net inflows.

Portfolio Pulse from Aniket Verma

September 10, 2024 | 3:56 am

AAPL

NVDA

ORCL

PLTR

TSLA

On Monday, U.S. indices closed positively, with notable movements in Palantir, Apple, Nvidia, Oracle, and Tesla stocks. Palantir surged due to its upcoming inclusion in the S&P 500. Apple had a marginal increase after launching the iPhone 16. Nvidia rose amid an antitrust investigation. Oracle fell despite strong earnings and new cloud partnerships. Tesla gained following Panasonic's EV battery production announcement.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 3:13 am