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AAPL

Apple is implementing a new AI-driven privacy measure that involves placing cloud data in a 'black box' to enhance user privacy. This initiative aims to protect user data from unauthorized access and improve overall data security.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:41 pm

GPC

Genuine Parts Company (GPC) has partnered with Altor Locks to distribute the ICON Trailer Lock. This partnership aims to enhance the distribution network and availability of the ICON Trailer Lock.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:40 pm

FDRV

IYT

UBER

Uber Technologies Inc. (NASDAQ:UBER) is preparing for the Paris Olympics with initiatives like free Seine river cruises, champagne tasting trips, and significant investments in driver incentives and rider discounts. The company aims to accommodate over 15 million visitors and expects to have a record 40,000 drivers available. Uber has secured approval from the Préfecture de Police for its app and will provide updated maps and routing information. The stock has gained over 69% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

May 29, 2024 | 1:40 pm

AAPL

Apple Inc. (NASDAQ:AAPL) has announced the schedule for its 2024 Worldwide Developers Conference (WWDC), where it is expected to unveil its AI strategy and updates to its operating systems. The keynote will take place on June 10, and the event will run until June 14. Analysts predict significant growth for Apple driven by AI advancements, with potential partnerships, such as with Microsoft-backed OpenAI, being highlighted.

Portfolio Pulse from Rounak Jain

May 29, 2024 | 1:39 pm

ARKK

BNBUSD

BTCUSD

ETHUSD

Bitcoin Spot ETFs have reached a record $14.9 billion in year-to-date inflows. Cathie Wood's Ark Invest sees potential legislative breakthroughs for crypto. Ethereum-based DeFi protocol Aave plans to launch its own blockchain by 2025. Binance is praised for its role in a $200 million hack investigation. Meme coins like Shiba Inu and Dogwifhat post double-digit gains despite dips in Bitcoin and Ethereum.

Portfolio Pulse from Akanksha Bakshi

May 29, 2024 | 1:34 pm

CCL

Princess Cruises announced an extension of its itineraries in Japan for the 2025-26 season, aiming to capitalize on the growing demand for travel in the region.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:31 pm

MULN

Mullen Automotive, Inc. (NASDAQ: MULN) has announced a new purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, valued at approximately $440,000 USD. Additional orders are expected to follow.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:30 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) shares are trading lower due to the New York Stock Exchange's (NYSE) collaboration with CoinDesk Indices to launch cash-settled index options tracking the CoinDesk Bitcoin Price Index (XBX). This development may impact Coinbase's market position as a leading cryptocurrency exchange.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 1:30 pm

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STLA

TM

TSLA

Consumer preferences and OEM investments are shifting from electric vehicles (EVs) to hybrids due to high costs, sparse charging infrastructure, and politicized adoption. JPMorgan analyst Bill Peterson notes that hybrid vehicles are gaining traction as a bridge solution, impacting metals and critical minerals forecasts. U.S. automakers like Toyota, Ford, Kia, and Stellantis are increasingly focusing on hybrids over EVs.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 1:28 pm

YYGH

YY Group Holding Limited (NASDAQ:YYGH) has announced its expansion into the UAE hotel and hospitality industry, appointing Mr. Ramy Attia as the Country Director.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:24 pm