Streetbeat News

Products Services

HAL

The U.S. Department of Energy has reported that there is currently no impact on services from a cyberattack on Halliburton, a major player in the oilfield services industry.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 2:15 pm

AMD

NVDA

TSM

AMD has opened new R&D centers in Taiwan as part of a $270.5 million project to advance AI and silicon photonics technologies. The company received a significant subsidy from Taiwan, and its stock has gained over 49% in the past year due to AI market growth. AMD's data center GPU revenue is expected to grow significantly in 2024.

Portfolio Pulse from Anusuya Lahiri

August 22, 2024 | 2:15 pm

MRK

Merck's rVSV-ZEBOV Ebola vaccine demonstrated 84% effectiveness during the 2018-20 outbreak in the Democratic Republic of the Congo. The vaccine, approved by the FDA for adults and children, is the only WHO-prequalified vaccine for Ebola caused by the Zaire ebolavirus. The study confirms its high effectiveness in real-world conditions.

Portfolio Pulse from Vandana Singh

August 22, 2024 | 1:40 pm

BTCUSD

DOGEUSD

ETHUSD

SCHW

SNOW

Snowflake's stock fell 8% after Q2 earnings, with the CEO downplaying a cyberattack's impact. The Fed's signal of a rate cut led to a rise in Bitcoin, Ethereum, and Dogecoin. Nvidia's earnings are a focal point for the market, while Charles Schwab shares dropped over 4% after TD Bank reduced its stake.

Portfolio Pulse from Akanksha Bakshi

August 22, 2024 | 1:32 pm

CNVS

Cineverse has partnered with Frequency to enhance its streaming channels across more than 25 platforms. This strategic partnership aims to improve content delivery and viewer engagement.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:31 pm

AMZN

ONLN

VCR

Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc., plans to invest $6.2 billion in Malaysia by 2038, establishing a new AWS Region. This investment is expected to significantly boost Malaysia's GDP and create jobs. AWS's expansion aligns with its global growth strategy, including investments in Europe and Asia. Investors can gain exposure to Amazon through ETFs like ProShares Online Retail ETF and Vanguard Consumer Discretion ETF.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 1:28 pm

CGTX

Cognition Therapeutics shares rose following positive results from its SEQUEL study of CT1812 for Alzheimer's disease.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:21 pm

NKE

Nike and The LEGO Group have announced a partnership aimed at enhancing the intersection of sport and creative play. This collaboration is expected to bring innovative products that combine the strengths of both brands.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:11 pm

PTON

Peloton's executive highlighted the company's focus on improving hardware margins, which have significantly declined in recent years. This was discussed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:08 pm

GOOG

GOOGL

YouTube, owned by Alphabet Inc.'s Google, has introduced an AI chatbot to help creators recover hacked accounts. This tool is currently available to a select group of creators and aims to streamline the process of regaining control over compromised accounts. The move follows several high-profile hacking incidents involving major creators.

Portfolio Pulse from Rounak Jain

August 22, 2024 | 1:08 pm