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AAPL

AMZN

Corporate earnings have recently uplifted the market, overcoming rate fears. The upcoming week features earnings reports from major companies including Apple and Amazon, which could significantly influence market trends. Analysts anticipate Apple to report a slight earnings beat but expect a lower revenue guide for the June quarter, while Amazon is expected to continue showing strong sales and profit growth. The performance of these companies, especially in sectors like e-commerce, tech, and healthcare, will be closely watched for their impact on the S&P 500 Index.

Portfolio Pulse from Shanthi Rexaline

April 29, 2024 | 5:51 am

BIDU

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly partnering with Baidu Inc. (NASDAQ:BIDU) to introduce its Full Self-Driving (FSD) features in China, leveraging Baidu's mapping and navigation data. This collaboration follows Tesla CEO Elon Musk's recent trip to China and builds on a previous partnership between Tesla and Baidu in 2020 for in-car mapping and navigation.

Portfolio Pulse from Anan Ashraf

April 29, 2024 | 5:03 am

NDTAF

NVDA

Northern Data (OTC:NDTAF), a Frankfurt-based tech company, has shifted its focus from Bitcoin mining to cloud solutions and data center infrastructure, catching the attention of Berenberg Bank. Berenberg has initiated coverage with a Buy rating and a price target suggesting a 53.2% upside. The company's partnership with NVIDIA Corp (NASDAQ:NVDA) as an 'Elite' partner for cloud computing and its investments in liquid-cooling technology are highlighted as key growth drivers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 4:58 am

AAPL

GOOGL

META

Meta Platforms Inc. and Alphabet Inc. are revising their strategies to compete with Apple Inc.'s iPhone and Vision Pro. Meta is opening its VR operating system to all headset manufacturers, challenging Apple's closed ecosystem. Google has restructured its management, with Rick Osterloh overseeing Android, aiming to enhance revenue and establish a stronger presence in mixed-reality, an area where Google lags behind Apple and Meta. Despite criticism for its high price, Apple's Vision Pro has been praised for its advanced technology.

Portfolio Pulse from Ananya Gairola

April 29, 2024 | 4:57 am

AAPL

Sonny Dickson leaked details of Apple Inc.'s iPhone 16 lineup, revealing screen sizes and camera bumps. The standard iPhone 16 will have a 6.1-inch screen, the Pro model a 6.3-inch screen, the Plus model a 6.7-inch screen, and the Pro Max a 6.9-inch screen. This leak aligns with previous rumors and showcases design changes, including camera positioning. Analyst Jeff Pu hinted at significant camera improvements, including a 48-megapixel Ultra Wide sensor for the Pro model, potentially enhancing the iPhone 16 series' appeal.

Portfolio Pulse from Ananya Gairola

April 29, 2024 | 4:13 am

TSLA

Billionaire investor Chamath Palihapitiya ranks Tesla's non-EV businesses, highlighting ride-sharing as the top growth area due to its potential synergy with Tesla's Autopilot technology. He also sees significant opportunity in Tesla's energy business, proposing a shift towards homes equipped with Tesla solar panels and battery systems to become 'mini-utilities.' However, Palihapitiya expressed reservations about Tesla's humanoid robot project, Optimus, suggesting a preference for use-case specific robots.

Portfolio Pulse from Ramakrishnan M

April 29, 2024 | 4:01 am

META

Meta Platforms Inc. (NASDAQ:META) is experiencing significant issues with its AI-powered ad tools, particularly the Advantage Plus shopping campaigns, leading to wasted ad budgets and lost sales for businesses. The problems, which began around Valentine's Day, have caused an increase in cost per impressions (CPMs) and a failure to generate sales, prompting businesses to reconsider their advertising strategies on Meta's platforms. Despite some refunds to affected businesses, Meta denies any glitches, insisting the tools are functioning as intended. This situation is compounded by Meta's recent legal challenges and offers an opportunity for competitors like Elon Musk's social media platform, X, to attract advertisers.

Portfolio Pulse from Ananya Gairola

April 29, 2024 | 3:18 am

RIVN

Rivian Automotive Inc. (NASDAQ:RIVN) has introduced a new charger design to make its Rivian Adventure Network (RAN) accessible to a wider range of electric vehicles (EVs) by the end of the year. The new chargers will support both 400-volt and 800-volt battery packs with CCS connectors and will eventually include native support for the North American Charging Standard (NACS), currently requiring an adapter for Tesla's NACS chargers. This expansion aligns with Rivian's commitment to electrification and carbon-free energy, with the company planning to retrofit existing RAN stations and ensure new ones are equipped with these next-generation chargers. The move also enables Rivian to tap into the U.S. National Electric Vehicle Infrastructure (NEVI) program for funding.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 3:12 am

TSLA

California now has one EV charging station for every five gas stations, with a total of 105,000 public or shared private EV chargers. This development is part of the state's push towards electric vehicles, highlighted by Tesla opening its Supercharger network to other brands like Ford and Rivian. California leads the U.S. in EV adoption, with significant sales and a plan to install up to 40,000 new public EV chargers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 2:30 am

GOOG

GOOGL

Alphabet Inc.'s Google Play Store now allows simultaneous downloads and installations of two Android apps, a feature recently implemented after years of testing. This update, currently limited to new installs and visible on Pixel phones and tablets running Android 14 and Play Store version 40.6.31, follows a significant legal setback for Google's Android app store involving an antitrust case won by Epic Games.

Portfolio Pulse from Ananya Gairola

April 29, 2024 | 2:07 am