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JBLU

JetBlue is set to open its first pilot and flight attendant base outside the continental U.S., creating over 400 jobs in San Juan, Puerto Rico. This move is part of JetBlue's expansion strategy and aims to enhance its operational efficiency in the Caribbean region.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:03 pm

MSFT

NTDOY

Microsoft has announced that Call of Duty: Black Ops 6 will be available on Xbox Game Pass at launch. This move is part of Microsoft's strategy to integrate Activision titles into Game Pass following its acquisition of the publisher. The game can be pre-installed upon its reveal at the Xbox Games Showcase on June 9. Microsoft has committed to keeping Call of Duty on PlayStation and has a similar agreement with Nintendo.

Portfolio Pulse from Franca Quarneti

May 29, 2024 | 6:02 pm

FXI

VGK

The European Commission will delay its decision on Chinese electric vehicle tariffs until after the European Parliament election on June 9. The provisional tariffs, expected by June 5, would have imposed significant costs on Chinese EV makers. The new deadline is June 10, though it may be due to a technical issue.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 5:58 pm

DOGEUSD

FLOKIUSD

SHIBUSD

Dogecoin (DOGE) is gaining attention from cryptocurrency traders who predict a potential price surge. Analysts and traders suggest that Dogecoin could double in price once it overcomes key resistance levels. Despite its slower movement compared to newer meme coins, Dogecoin is seen as a safer bet within the meme coin ecosystem.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 5:45 pm

DJT

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), is reportedly in discussions with Donald Trump about a potential advisory role if Trump wins the 2024 presidential election. This role could influence policies on electric vehicles, border security, technology, science, space exploration, and the economy. Musk has had a contentious relationship with President Biden and has criticized his pro-union policies. Musk and Trump have had a rocky relationship but seem to be rebuilding it, which could lead to a public endorsement from Musk.

Portfolio Pulse from Chris Katje

May 29, 2024 | 5:36 pm

RIVN

TSLA

WKSP

Hyundai is expanding its EV lineup with the introduction of the IONIQ 9, a three-row electric SUV. While General Motors and Ford are scaling down their EV ambitions, Hyundai's EV sales surged 62% in Q1. Hyundai's new SUV will compete with Rivian's R1S, Kia's EV9, and Volvo's EX90. Hyundai has also partnered with Worksport for its innovative solar tonneau cover.

Portfolio Pulse from Upwallstreet

May 29, 2024 | 5:30 pm

CAVA

Cava Group Inc (NYSE:CAVA) reported better-than-expected earnings for Q1, with revenue up 30.3% year-over-year and earnings per share of 12 cents, beating estimates. CEO Brett Schulman attributes success to Cava's unique value proposition, attracting consumers trading down from casual dining and up from fast food. The company plans to open 50-54 new restaurants in 2024.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 5:20 pm

MCD

McDonald's US President Joe Erlinger issued an open letter stating that the average price of a Big Mac is $5.29, which is a 21% increase since 2019. He also addressed reports on price hikes, calling them 'inaccurate'.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 5:19 pm

AAPL

ARM

QCOM

TSM

Arm Holdings Plc (NASDAQ:ARM) shares are down 2.13% following the launch of Arm Kleidi, a software program for AI, and new Arm Compute Subsystems (CSS) for Client. The company also introduced a second-generation family of GPUs. Arm's largest market remains smartphones, providing IP to companies like Apple and Qualcomm. The new products involve collaborations with Samsung and TSMC.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 5:16 pm

AAPL

AMZN

GOOG

GOOGL

MAGS