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AMZN

YouTube star MrBeast has invited billionaires to collaborate on philanthropy projects for his Beast Philanthropy channel, promising to use their wealth for charitable causes. He announced this initiative on X, highlighting that all revenue from the channel supports charity. Additionally, MrBeast is exploring new ventures, including a game show deal with Amazon's Prime Video, emphasizing creative control as a key factor in choosing Amazon over other platforms.

Portfolio Pulse from Ananya Gairola

May 13, 2024 | 3:31 am

AAPL

Mark Gurman discusses potential successors for Tim Cook and other key leadership roles at Apple, highlighting the company's broader succession challenges. John Ternus and Jeff Williams are considered top candidates for CEO, with various deputies poised for other critical roles.

Portfolio Pulse from Shanthi Rexaline

May 12, 2024 | 7:14 pm

BABA

Alibaba Group Holding Limited (NYSE:BABA) is set to release its Q4 earnings, amidst challenges from regulatory crackdowns, economic downturns, and competition. The company's market cap has significantly dropped from its peak in October 2022. Efforts to revitalize the company included restructuring into six businesses and leadership changes, with a recent focus on generative AI technology. Analysts expect Q4 earnings of $1.41 per share on $30.42 billion in revenue, compared to the previous year's $1.50 per share and $29.15 billion.

Portfolio Pulse from Shanthi Rexaline

May 12, 2024 | 1:51 pm

AAPL

NVDA

PLTR

This week in tech, Stanford University introduced slim AR glasses, challenging Apple's Vision Pro. Palantir exceeded Q2 revenue expectations, with analysts seeing a buying opportunity. Concerns were raised about AI's impact on jobs, while Nvidia was highlighted for its AI leadership and investment, with Goldman Sachs revising its price target due to sustained demand for AI servers.

Portfolio Pulse from Benzinga Neuro

May 12, 2024 | 1:00 pm

AAPL

HNHPF

Apple Inc. (AAPL) has had a significant week with record-breaking iPhone sales, the launch of new iPad models, and comments from Elon Musk. Foxconn (HNHPF), Apple's main iPhone manufacturer, reported its highest-ever April revenue, indicating strong performance. The iPhone 15 Pro Max was the best-selling smartphone in Q1 2024, despite a global sales slump. Apple also launched the new iPad Air 6 and iPad Pro, showcasing the M4 chip, highlighting its AI ambitions. Elon Musk questioned Apple's R&D spending in light of these developments.

Portfolio Pulse from Benzinga Neuro

May 12, 2024 | 9:18 am

AVGO

GOOGL

NVDA

TSM

Jim Cramer highlighted Broadcom (AVGO) as a chip stock poised for a breakout, despite market focus on Nvidia (NVDA) due to strong AI chip demand. Taiwan Semiconductor (TSM) reported robust sales, boosting Nvidia's shares. Cramer suggested trimming Procter & Gamble (PG) after reaching new highs and noted Alphabet's (GOOGL) decline amid acquisition talks.

Portfolio Pulse from Navdeep Yadav

May 11, 2024 | 9:40 pm

ARKF

GFOF

HOOD

Robinhood Markets, Inc.'s CEO Vlad Tenev discussed the company's retirement offerings in an interview with Yahoo Finance, highlighting their appeal to Gen Z and individuals nearing retirement. The offerings include a 3% match for contributions, targeting users without employer 401(k)s or matching. Despite positive feedback on the retirement product and a record revenue report, HOOD shares fell over 6% on Friday, closing at $16.23. The stock has gained over 68% in the past year. ETFs like Grayscale Future Of Finance ETF (GFOF) and ARK Fintech Innovation ETF (ARKF) offer exposure to HOOD stock.

Portfolio Pulse from Nabaparna Bhattacharya

May 11, 2024 | 4:23 pm

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), compared Tesla's focus on vehicle autonomy to Netflix's shift from DVD rentals to streaming, suggesting autonomous vehicles will dominate the future. Despite Tesla's current share value drop, Musk remains optimistic about the success of vehicle autonomy, with plans to unveil a robotaxi product. Netflix, having phased out DVD rentals, highlights a similar successful pivot.

Portfolio Pulse from Anan Ashraf

May 11, 2024 | 3:24 pm

JPM

WFC

JPMorgan Chase & Co. disclosed a $760,000 investment in Bitcoin ETFs and shares in crypto-related companies, despite CEO Jamie Dimon's criticism of the crypto industry. The bank's holdings include ETFs like BlackRock's iShares Bitcoin Trust, ProShares Bitcoin Strategy ETF, and others, alongside investments in Bitcoin Depot Inc. and Bit Digital Inc. This move reflects the growing acceptance of Bitcoin in traditional finance.

Portfolio Pulse from Rounak Jain

May 11, 2024 | 2:57 pm

GOOG

GOOGL

MSFT

Sundar Pichai, CEO of Alphabet Inc., responded to Microsoft CEO Satya Nadella's comments about making Google 'dance' with the introduction of the new Bing, powered by OpenAI's ChatGPT. Pichai emphasized the importance of not being swayed by competitors' moves. Despite being initially caught off guard by the launch of ChatGPT, Google is catching up by leveraging its user base and intensifying AI efforts, including developing its own AI chips and enhancing Google Workspace with AI.

Portfolio Pulse from Ananya Gairola

May 11, 2024 | 1:52 pm