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BRK.A

Following the death of Charlie Munger, Berkshire Hathaway's Vice Chairman known for his disdain for cryptocurrencies, a meme coin named MUNGER was launched and saw a 31,500% increase immediately after its debut on Uniswap. The coin surged 191% in the past 24 hours but also experienced a 50% drop in the past 6 hours. The trading volume reached $3.61 million with a market cap of $73.45K. Such meme coins often capitalize on trending news but are highly speculative and risky, as creators may pull liquidity, leaving investors with worthless assets.

Portfolio Pulse from Khyathi Dalal

November 30, 2023 | 12:28 am

SONY

WBD

Neil Druckmann, co-president of Naughty Dog, a Sony Group Corp subsidiary, teased the incorporation of elements from The Last of Us Part 2 Remastered's cut levels into HBO's The Last of Us Season 2. He clarified that these levels, which provide insights into the game's development, are not meant to significantly impact the show's storyline. The HBO show, produced by Warner Bros. Discovery Inc, has diverged from the game to suit the medium and will likely do so again. The second season's release date is hinted for early 2025.

Portfolio Pulse from Franca Quarneti

November 30, 2023 | 12:07 am

KD

Kyndryl has announced a collaboration with Amazon Web Services (AWS) to expedite the modernization of mainframe applications for its customers. This partnership aims to enhance Kyndryl's capabilities in transforming and migrating mainframe workloads to AWS, thereby enabling customers to innovate faster and reduce costs.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:39 pm

AMZN

G

Genpact announced collaboration with AWS and Amazon Business to revolutionize property loss replacement and claims management. This partnership aims to streamline processes and improve customer experiences in the insurance sector.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:31 pm

CRM

During a conference call, Salesforce reported that its Commerce Cloud platform processed nearly 50 million orders on digital storefronts with 100% uptime during Cyber Week.

Portfolio Pulse from Charles Gross

November 29, 2023 | 10:31 pm

ERJ

Porter Airlines has exercised purchase rights for an additional 25 Embraer E195-E2 jets, adding to their existing order of 50 jets. The deal is valued at $2.1 billion at list prices.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:25 pm

WBD

Warner Bros. Discovery's TNT Sports has secured a seven-year media rights agreement with NASCAR to broadcast five NASCAR Cup Series races each summer, starting in 2025. The deal includes exclusive airing on TNT and B/R Sports Add-On on Max, with truTV and Max simulcasting the second half of the NASCAR Cup Series practices and qualifying sessions. It also grants expansive digital rights for content streaming and highlight rights for Bleacher Report's platforms.

Portfolio Pulse from Charles Gross

November 29, 2023 | 10:09 pm

TRUFF

Red Light Holland Corp. (OTCQB:TRUFF), a Canada-based mushroom producer, reported a 33% increase in revenue and a cash balance of $12M for the quarter ended Sept. 30, 2023. Despite a net loss, the company's management remains confident in their business strategy, emphasizing growth, cautious spending, and revenue generation in the psychedelics sector. The company plans to continue its expansion, including the development of a new farm and distribution of psilocybin microdosing capsules in New Zealand and Australia.

Portfolio Pulse from Lara Goldstein

November 29, 2023 | 10:04 pm

ADAUSD

AVAXUSD

ETHUSD

SOLUSD

TRXUSD

Solana (SOL) has seen a significant increase of over 80% in the past month, outperforming other Layer-1 cryptos such as Ethereum (ETH) and Bitcoin. With a market cap expansion of 3.9% and a 70% surge in the past 30 days, SOL's year gains are at 340%. The blockchain's speed and cost efficiency, along with the upcoming Firedancer validator, are notable developments. Solana's adoption by Visa and Shopify, and positive remarks from ARK Invest's CEO Cathie Wood, contribute to its strong performance. The digital asset sector has seen large inflows, with Solana receiving $3.5 million.

Portfolio Pulse from Khyathi Dalal

November 29, 2023 | 9:57 pm

DFS

Discover Financial Services (DFS) has announced in a filing that it will stop originating student loans as of February 1, 2024. Current Discover Student Loans customers and their existing loans or payments will not be affected by this change.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:40 pm