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AAPL

MASI

Apple Inc. has stopped selling smartwatches with blood oxygen tracking in the U.S. following a federal appeals court's denial to halt an ITC ban due to a patent dispute with Masimo Corp. This could impact Apple's planned health features, including sleep apnea detection expected in 2024. Masimo's CEO criticized Apple's blood oxygen feature as unreliable.

Portfolio Pulse from Ananya Gairola

January 22, 2024 | 1:50 am

TSLA

Ahead of Tesla's Q4 earnings, Gene Munster of Deepwater Asset Management remains positive despite a muted outlook for margins and new product ramp-up. Munster predicts a slight increase in core auto margin to 16.7% for Q4, ending Tesla's declining margin streak. He anticipates stable margins in 2024 but below consensus estimates. Cybertruck sales are expected to gradually increase, with significant growth by 2026. The refreshed Model 3, accounting for 40% of deliveries, will see a price increase of 15% and does not qualify for the U.S. tax credit. Investors are also interested in the full-self-driving (FSD) timeline, Giga Mexico updates, and new model launch timing. Munster is skeptical about a near-term FSD breakthrough and does not expect a new low-priced model or robotaxi announcement in 2024. Tesla's stock closed slightly up on Friday but has seen a 15% drop in January.

Portfolio Pulse from Shanthi Rexaline

January 21, 2024 | 6:46 pm

BTCUSD

Vanguard faces criticism from cryptocurrency investors for not offering spot Bitcoin ETFs despite SEC approval. Investor Mike Alfred and CoinRoutes co-CEO Dave Weisberger publicly expressed their dissatisfaction, with Alfred moving his accounts and Weisberger calling it a catastrophic marketing move. Some clients have reportedly shifted their accounts to Fidelity in response to Vanguard's conservative stance towards crypto.

Portfolio Pulse from Bibhu Pattnaik

January 21, 2024 | 5:28 pm

NFLX

Sofia Vergara and Netflix are being sued by the family of Griselda Blanco, the late Colombian drug lord, to prevent the release of the 'Griselda' series. The family claims their image and likeness were used without permission. Michael Blanco, Griselda's son, alleges the series uses his private literary work and seeks a court injunction to stop the show's release scheduled for Jan. 25.

Portfolio Pulse from Maureen Meehan

January 21, 2024 | 1:30 pm

ERIC

MRVL

NOK

NVDA

SMCI

TXN

Barron's weekend stock picks include BP, which is refocusing on U.S. oil with a planned production increase, and Texas Instruments, which received an upgrade from UBS. Barclays downgraded Nokia and Ericsson due to a 5G revenue slowdown. Super Micro Computer's stock surged after raising Q2 guidance. Marvell Technology has overtaken Nvidia as Citigroup's top semiconductor pick for 2024.

Portfolio Pulse from Justin Chan

January 20, 2024 | 11:27 pm

META

NVDA

TSLA

Mark Zuckerberg announced Meta's plan to build a massive AI infrastructure using 350,000 Nvidia H100s AI chips by end 2024, totaling 600,000 H100-equivalent GPUs. Elon Musk responded to a Tesla enthusiast's query about Meta's need for such a large number of GPUs with 'Not clear.' Tesla is also increasing its compute base for autonomous driving technology, aiming for a 20x growth. Tesla's stock closed slightly up, while Meta's stock saw a more significant increase.

Portfolio Pulse from Shanthi Rexaline

January 20, 2024 | 7:09 pm

AAPL

MASI

NFLX

Apple Inc. (AAPL) has surpassed Samsung in global smartphone shipments, according to IDC data. To avoid a U.S. ban due to a patent dispute with Masimo Corp. (MASI), Apple has disabled the blood oxygen feature in its latest watches. CEO Tim Cook showcased a behind-the-scenes look at the production of Apple's new 'spatial computing' device, the Vision Pro. Meanwhile, the Vision Pro's launch will not include a Netflix Inc. (NFLX) app, which could be a setback for Apple's content strategy.

Portfolio Pulse from Benzinga Neuro

January 20, 2024 | 4:02 pm

AMZN

PLUG

PYPL

QQQ

SPY

TSLA

UBER

The S&P 500, tracked by SPY, hit all-time highs, while the Nasdaq 100, tracked by QQQ, continued its upward trend. Uber and Tesla are partnering to promote EV adoption. Amazon secured sports streaming rights, boosting its Prime Video offerings. Dogecoin's price target is set at $5 by an analyst. Bitcoin faces uncertainty ahead of the halving event. Plug Power's equity offering may not entice investors. PayPal is expected to have a 'transition year' with range-bound stock prices.

Portfolio Pulse from Michael Cohen

January 20, 2024 | 2:26 pm

FSR

KARS

RIVN

TSLA

Electric vehicle stocks, including Tesla, Rivian, and Fisker, faced challenges this week with Tesla's price cuts and Elon Musk's demand for more control, Rivian's downgrade by Deutsche Bank, and Fisker's probe into braking issues. Tesla's price adjustments and Musk's comments may affect investor sentiment ahead of earnings, while Rivian's downgrade reflects concerns over future losses and production issues. Fisker is cooperating with a federal probe into braking issues but asserts its systems meet requirements. The KraneShares Electric Vehicles ETF also saw a decline.

Portfolio Pulse from Shanthi Rexaline

January 20, 2024 | 2:04 pm

AAPL

GOOG

GOOGL

NFLX

SPOT

Jim Cramer expressed skepticism about the mass market appeal of Apple Inc.'s new Apple Vision Pro due to its high price point, starting at $3,499. He compared it to a much cheaper 60-inch TV available at Walmart for $289, suggesting that the cost of the Vision Pro is prohibitive for many consumers. Cramer also mentioned that popular apps like Netflix, Spotify, and YouTube are not available on the Vision Pro, although he predicts YouTube will eventually be accessible. Apple is making a significant sales push for the product, including a behind-the-scenes video by CEO Tim Cook.

Portfolio Pulse from Rounak Jain

January 20, 2024 | 9:08 am