Streetbeat News

Products Services

AAPL

GOOGL

A CIRP study reveals that Apple iPhone users retain their devices longer than Android users, with one-third of iPhone users keeping their phones for over three years. This trend is attributed to iPhone's durability, transparent payment plans, and fewer new features. Apple and Samsung dominate the U.S. smartphone market, while Google's Android remains a niche player.

Portfolio Pulse from Ananya Gairola

October 03, 2024 | 7:58 am

ANGO

AngioDynamics, Inc. (NASDAQ:ANGO) is set to release its Q1 earnings on Oct. 3, with analysts expecting a loss of 15 cents per share and revenue of $67.93 million. The company recently received CE Mark approval for its Auryon System in Europe. Analysts have mixed ratings, with price targets ranging from $10 to $14.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 7:37 am

AAPL

Apple CEO Tim Cook sold over 220,000 shares worth $50 million, while also receiving a grant of 219,502 shares. This comes amid significant company transitions, including a new CFO and the upcoming AI-enabled iPhone 16 launch. Despite challenges, Apple remains optimistic about growth.

Portfolio Pulse from Benzinga Neuro

October 03, 2024 | 7:37 am

ANGO

BIGC

LEVI

PCSA

STZ

U.S. stock futures are trading lower, with Constellation Brands, Levi Strauss, AngioDynamics, BigCommerce, and Processa Pharmaceuticals in focus. Constellation Brands is expected to report earnings, Levi Strauss posted mixed results, AngioDynamics is expected to post a loss, BigCommerce appointed a new CEO, and Processa Pharmaceuticals announced a Phase 2 trial.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 7:10 am

ABVX

Abivax has reported positive interim results for its drug Obefazimod, showing efficacy and safety in treating moderate to severe ulcerative colitis over a two-year period. The drug maintained clinical remission and was well-tolerated with no new safety concerns.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 7:08 am

AAPL

Apple's supplier responsibility team visited Tata Electronics' facility in Tamil Nadu after a fire incident to provide counsel and advice. The fire caused minor injuries and halted production. A government investigation is underway to assess safety for resuming operations.

Portfolio Pulse from Nivedita Hazra

October 03, 2024 | 6:49 am

CNP

CenterPoint Energy is collaborating with Neara to enhance electric grid resiliency in Houston using AI and digital modeling. This initiative aims to improve safety, reliability, and resilience, benefiting CenterPoint's customers.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 6:44 am

FJTSY

SMCI

Fujitsu and Supermicro are collaborating to develop green AI infrastructure and liquid-cooled data centers. This partnership aims to enhance systems for Gen AI and HPC workloads, promoting sustainable IT solutions.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 6:39 am

TSLA

UBER

Tesla is set to host its Robotaxi event on October 10, where it may demonstrate its 'cybercab' and discuss its autonomous ride-sharing plans. Analyst Adam Jonas from Morgan Stanley has an Overweight rating and a $310 price target for Tesla, expecting a potential commercial launch in 2025 or 2026. Tesla may offer incentives to ride-share drivers and target high-density metro areas.

Portfolio Pulse from Shanthi Rexaline

October 03, 2024 | 6:32 am

META

Meta Platforms Inc. (NASDAQ:META) has confirmed that images shared with Meta AI, including those from Ray-Ban Meta smart glasses, can be used for AI training. Users cannot opt out of this, except by not using Meta's AI features. This raises privacy concerns, especially after Meta's $1.4 billion settlement in Texas over facial recognition software. Despite these issues, Meta's advancements in AI and VR are expected to drive growth.

Portfolio Pulse from Ananya Gairola

October 03, 2024 | 6:22 am