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CMCSA

DIS

NFLX

PARA

WBD

Netflix, Disney, and other streaming services are preparing to make a significant advertising push at CES. Netflix will promote its new series '3 Body Problem' and has appointed Amy Reinhard as advertising president. Disney, with executive Rita Ferro, will showcase its Tech and Data at CES and is developing a unified Disney+ Hulu app. Amazon will introduce ads on Prime Video with an option to avoid them for an additional fee. The push comes as streaming services face financial pressures, with competitors incurring over $5 billion in losses.

Portfolio Pulse from Rounak Jain

December 30, 2023 | 7:51 am

TSLA

Elon Musk announced he will conduct a 'company talk' for SpaceX next week and for Tesla Inc (NASDAQ:TSLA) after filing its 10-K. Musk plans to discuss SpaceX and Tesla's achievements in 2023 and future plans for 2024 and beyond. The talks will be posted on their X accounts. Tesla began Cybertruck deliveries in late November and aims to deliver 1.8 million vehicles in 2023. SpaceX, valued at $180 billion, completed 96 launches this year and targets 144 launches in 2024.

Portfolio Pulse from Anan Ashraf

December 30, 2023 | 5:53 am

AAPL

AMZN

RIVN

Gary Black, Managing Partner at Future Fund, suggests that Apple Inc (AAPL) should consider acquiring Rivian Automotive Inc (RIVN) to compete with Chinese smartphone companies entering the EV market. Black notes that Rivian, with a $17.5B enterprise value, may not be open to a sale, especially with Amazon.com Inc (AMZN) holding a 17% stake. Rivian's Q3 performance was strong, with vehicle deliveries close to Tesla's and better-than-expected financial results. Black is bullish on Rivian's future profitability.

Portfolio Pulse from Anan Ashraf

December 30, 2023 | 4:39 am

MTCH

Hinge CEO Justin McLeod suggests that sending voice messages can increase the chances of securing a date by 40%. Despite the rise in popularity of voice and video communication, some users are hesitant to upload videos. However, McLeod emphasizes the effectiveness of combining photos with voice recordings to give a more complete sense of personality. Hinge, acquired by Match Group (NASDAQ:MTCH) in 2018, facilitated over 30 million dates and earned about $284 million in revenue last year.

Portfolio Pulse from Benzinga Neuro

December 30, 2023 | 1:39 am

MDXG

MIMEDX received an FDA warning letter regarding the classification of its product AXIOFILL, which is not related to safety concerns. The company has reiterated its 2023 full-year net sales and fourth-quarter adjusted EBITDA margin outlook, indicating that the warning has not affected its financial projections.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 10:02 pm

AAPL

MSFT

SPY

TSLA

The U.S. stock market ended the year on a high note, with major indices reaching record levels, driven by the AI revolution and a dovish pivot by the Federal Reserve. The Nasdaq 100 had its best year since 1999, while the SPY ETF is close to hitting $500 billion in assets. AI interest has surpassed Bitcoin, and The New York Times is suing OpenAI and Microsoft over copyright issues. Ed Yardeni predicts a bullish S&P 500 for 2024, and Apple is shifting focus to wearables. Elon Musk has shown support for a $25K Tesla compact car.

Portfolio Pulse from Piero Cingari

December 29, 2023 | 9:01 pm

LUMN

Lumen Technologies has announced the launch of a new device capable of supporting Wi-Fi 7, marking a significant step in the advancement of wireless technology capabilities. This move could position Lumen as a leader in providing cutting-edge network technology and may attract customers looking for the latest in high-speed and reliable wireless connectivity.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 8:43 pm

AAPL

NIO

TSLA

XIACY

XPEV

Xiaomi Corporation (OTC:XIACY) has unveiled its first EV, the Xiaomi SU7, aiming to compete with Tesla (NASDAQ:TSLA) and Porsche. Nio (NYSE:NIO) introduced its flagship sedan, the ET9, targeting the luxury EV market and challenging Porsche Panamera and Tesla. Xiaomi's CEO Lei Jun claims the SU7 outperforms the Porsche Taycan and Tesla Model S in acceleration and other metrics. The SU7 is part of Xiaomi's strategy to create a smart ecosystem and is compatible with Apple Inc (NASDAQ:AAPL) products. XPeng (NYSE:XPEV) is also set to launch its X9 model, continuing its sales growth in the EV market.

Portfolio Pulse from Upwallstreet

December 29, 2023 | 8:38 pm

CMCSA

DIS

DKNG

PENN

The NFL playoff race is intensifying with seven spots filled and seven remaining. The Dallas Cowboys and Detroit Lions, both playoff-bound, will play on ABC, ESPN, and ESPN+, owned by The Walt Disney Company (NYSE:DIS). A Sunday Night Football game featuring the Minnesota Vikings and Green Bay Packers will air on NBC, owned by Comcast Corporation (NASDAQ:CMCSA). DraftKings (NASDAQ:DKNG) had a strong Week 16, with the app ranking third in the iOS sports category, while PENN Entertainment's (NASDAQ:PENN) ESPN bet fell to second place. An NFL bettor won nearly $500K on a $5 bet with DraftKings. The Detroit Pistons set a record with 28 consecutive losses, and DraftKings offers betting on their next potential win.

Portfolio Pulse from Chris Katje

December 29, 2023 | 7:38 pm

MSFT

The New York Times has filed a lawsuit against OpenAI and Microsoft, alleging copyright infringement by ChatGPT for using its content without permission. The lawsuit claims this has led to direct competition and financial losses for the Times. Microsoft's stock (NASDAQ:MSFT) has surged 54% this year but saw a slight decline of 1.31% in December. The stock closed at $374.07 on December 27, down by 0.22% after the bell.

Portfolio Pulse from Zaheer Anwari

December 29, 2023 | 7:12 pm