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NTES

NetEase shares are trading lower despite earlier gains in the week due to new game approvals. The fluctuation highlights the volatile nature of the gaming industry's stock, influenced by regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 4:51 pm

AAPL

Apple is set to overhaul its entire Mac lineup by integrating AI-focused M4 chips, with the first wave of these new Macs expected to debut between late 2024 and early 2025, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 4:51 pm

MRVL

Marvell Technology aims to double its data center market share to 20% after achieving a 10% share in 2023. The company's custom business, which is part of this growth strategy, is expected to have lower gross margins compared to its merchant type business.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 4:44 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) has been chosen as the exclusive provider of EV charging services for the Keystone Purchasing Network (KPN), effective March 1, 2024. The deal, which includes options for a three-year extension, aims to support the education sector by leveraging Blink's expertise in EV charging solutions. Financial details of the contract were not disclosed. Blink has already installed about 2,000 charging stations in educational institutions, reflecting its commitment to promoting EV adoption in the sector.

Portfolio Pulse from Nabaparna Bhattacharya

April 11, 2024 | 4:26 pm

MRVL

A Marvell Technology executive projected the custom silicon market to exceed $40 billion by 2028, highlighting the company's optimistic outlook on the sector's growth.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 4:25 pm

DOGEUSD

SHIBUSD

Renowned crypto trader Rekt Fencer shared his successful meme coin trading strategies, emphasizing lessons learned from trading Solana meme coins and highlighting the importance of research, strategy, and patience. He mentioned specific coins like Jeo Boden (BODEN), Book of Meme (BOME), and cat in a dogs world (MEW) as examples. The article also discusses the broader context of meme coin trading's popularity and the established positions of DOGE and SHIB in the market.

Portfolio Pulse from Khyathi Dalal

April 11, 2024 | 4:18 pm

BLK

IBIT

BlackRock's tokenized fund, BUIDL, integrates with Circle to offer a USDC cash-out option, enhancing liquidity for investors. This collaboration marks a significant advancement in the tokenized asset ecosystem, allowing seamless conversion of fund shares into USDC stablecoin. BlackRock continues to lead in cryptocurrency investment, with its iShares Bitcoin Trust (IBIT) holding over 266,580 BTC. The upcoming Future of Digital Assets conference will further explore these developments.

Portfolio Pulse from Murtuza Merchant

April 11, 2024 | 4:17 pm

MRVL

A Marvell Technology executive has projected that the company will have a 'solid base' of $2.5 billion in AI revenue by 2025, indicating significant growth in this sector for the company.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 4:17 pm

JANX

Janux Therapeutics Inc (NASDAQ:JANX) shares surged following reports of potential sale discussions due to interest from larger pharmaceutical firms. The company, known for its innovative cancer treatments, has engaged a financial adviser to explore its options. This news comes after a year of significant stock performance growth and successful funding rounds, highlighting Janux's value in the pharmaceutical industry.

Portfolio Pulse from Vandana Singh

April 11, 2024 | 4:13 pm

CMCSA

Comcast Corporation (NASDAQ:CMCSA) secured exclusive rights to stream the Philadelphia Eagles vs. Green Bay Packers game on Peacock, marking the NFL's first regular-season game in Brazil on Sept. 6, 2024. This game is part of Comcast's broader strategy to leverage NFL viewership, which has significantly benefited the company. In 2023, NFL games were a major draw, with Comcast's Peacock platform reaching 31 million subscribers and $1 billion in revenue, up 57% year-over-year, partly due to NFL and NCAA Football games. The company also plans to utilize Peacock for the 2024 Summer Olympics, aiming for further subscriber growth.

Portfolio Pulse from Chris Katje

April 11, 2024 | 4:09 pm