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AMZN

NFLX

Netflix Inc. (NASDAQ:NFLX) is considering a spinoff of its successful series 'Wednesday' after its impressive viewership numbers. The company is in talks for a second season and exploring an Addams Family series focused on Uncle Fester. Amazon.com Inc. (NASDAQ:AMZN), through its MGM acquisition, supports Netflix by producing the show. Netflix's strategy aligns with industry trends of leveraging franchises, as seen with plans for 'Extraction' and 'Peaky Blinders' spinoffs, similar to HBO's approach with 'Game of Thrones' and 'Sex and the City'.

Portfolio Pulse from Ananya Gairola

December 18, 2023 | 4:22 am

AAPL

Apple Inc. (AAPL) is expected to shift its focus in 2024 from the iPhone to its wearable business, including the new Vision Pro mixed reality headset, smartwatches, and AirPods. According to Bloomberg's Mark Gurman, the iPhone 16 lineup will see an upgrade but no major changes, retaining the iPhone 15's design with larger screens for high-end models and possibly an Action button for low-end models. Vision Pro marks Apple's entry into AR/VR, while AirPods and Apple Watch are anticipated to receive significant updates. The third-generation AirPods have underperformed, but new fourth-generation models with design improvements and USB-C charging are expected. The Apple Watch may also feature new health capabilities. Despite stagnant sales in major product categories, Apple's services sector has shown growth, and analysts are not predicting a major resurgence for Apple products in the current fiscal year.

Portfolio Pulse from Ananya Gairola

December 18, 2023 | 3:24 am

BUG

CLOU

IHAK

IJR

NVDA

QYLD

SKYY

XYLD

Jon Maier, investment chief at Global X, forecasts AI-related stocks, cloud computing, and cybersecurity to dominate in 2024. He recommends Global X ETFs like CLOU and BUG, as well as alternatives SKYY and IHAK. Small caps are also highlighted with ETFs VB and IJR suggested. Covered-call products XYLD and QYLD are recommended for range-bound markets. Emerging markets, especially India, are seen as potential growth areas. The SEC is monitoring companies for transparency in AI capabilities.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 3:14 am

AMZN

Ivanka Trump praised Jeff Bezos' 'Day One' philosophy on X, drawing parallels with Alan Watts' teachings. Bezos discussed various topics on a podcast with Lex Fridman, including his leadership style, Amazon's journey, and his aerospace company Blue Origin. The podcast has over 1.5 million views on YouTube.

Portfolio Pulse from Ananya Gairola

December 18, 2023 | 1:56 am

NSANF

NSANY

Nissan Motor Co. is collaborating with Tsinghua University to conduct joint research aimed at understanding Generation Z's preferences and exploring social responsibility in the EV sector, such as battery recycling and charging stations. This partnership is part of Nissan's strategy to recover its position in the Chinese auto market, where it has lost significant market share, with sales dropping 34% from April to September compared to the previous year. Nissan plans to launch 10 new-energy vehicles in China by 2026, with the first Nissan-branded model expected next year. Additionally, Nissan and Renault SA are converting a UK facility to produce electric versions of their top-selling vehicles. The EU is investigating Chinese government subsidies to local vehicle manufacturers for potential unfair competition.

Portfolio Pulse from Benzinga Neuro

December 17, 2023 | 2:28 pm

AAPL

GOOG

Apple Inc. (AAPL) had a notable week with several developments. The company settled a class-action lawsuit related to Family Sharing for $25 million and delayed two iOS 17 features to 2024. Apple introduced a new anti-theft feature, 'Stolen Device Protection,' for iPhones and tightened user data privacy, requiring a court order for push notification data. Additionally, Apple launched a standalone USB-C charging case for the second-generation AirPods Pro. Alphabet Inc. (GOOG, GOOGL) was also mentioned in the context of providing notification data to governments.

Portfolio Pulse from Benzinga Neuro

December 17, 2023 | 2:00 pm

MSFT

NVDA

This week in AI, Grimes and Curio launched an AI toy named Grok, US regulators tagged AI as a financial risk, Sam Altman debunked GPT 4.5 leak speculations, Nvidia's stock is considered a bargain by Bernstein Research, and OpenAI suspended ByteDance for violating a license agreement. Nvidia's stock has surged over 241% in 2023, and ByteDance used OpenAI's GPT to train a competing AI model.

Portfolio Pulse from Benzinga Neuro

December 17, 2023 | 12:02 pm

ARQT

The FDA has approved Arcutis Biotherapeutics' ZORYVE topical foam for treating seborrheic dermatitis in individuals aged 9 and older. ZORYVE is the first drug with a new mechanism of action for this condition in over 20 years, offering rapid disease clearance and significant itch reduction. The product is expected to be commercially available by the end of January 2024. Arcutis will host a conference call on December 18 to discuss the approval. The approval is based on positive results from Phase 2 and Phase 3 trials, with ZORYVE showing high efficacy and safety.

Portfolio Pulse from Happy Mohamed

December 16, 2023 | 11:41 pm

MRK

The FDA has approved Merck's KEYTRUDA in combination with Padcev for first-line treatment of locally advanced or metastatic urothelial cancer. The approval, based on the Phase 3 KEYNOTE-A39 trial, showed significant improvement in overall survival and progression-free survival compared to platinum-based chemotherapy. The trial also demonstrated a higher objective response rate with the KEYTRUDA plus Padcev combination. This approval was granted ahead of the PDUFA goal date and was part of the FDA's Real-Time Oncology Review program.

Portfolio Pulse from Happy Mohamed

December 16, 2023 | 11:38 pm

CDZI

The U.S. Bureau of Land Management (BLM) has approved the assignment of a Mineral Leasing Act right-of-way (ROW) grant to Cadiz Inc. for the company's Northern Pipeline. This approval finalizes Cadiz's acquisition of the 220-mile pipeline from El Paso Natural Gas (EPNG) and enables the company to proceed with project development. The pipeline is central to Cadiz's clean water and energy initiatives, including green hydrogen and low-emission generation projects.

Portfolio Pulse from Benzinga Newsdesk

December 16, 2023 | 11:33 pm