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META

Elon Musk, owner of social media platform X (formerly Twitter), has suggested that hashtags may be the next feature to be removed from the platform, calling them a 'relic of the past'. Despite a poll showing 62% of users are against the removal of hashtags, Musk may still decide to eliminate them. Hashtags are used to categorize posts and aid content discovery, a function Musk believes can be replaced by keywords.

Portfolio Pulse from Rounak Jain

November 09, 2023 | 8:59 am

CMCSA

DIS

The Walt Disney Co. (NYSE:DIS) plans to launch a unified Disney+ Hulu app in beta next month, with an official launch scheduled for Spring 2024. The app will be available to subscribers of both services, aiming to reduce costs and subscriber churn. This move aligns with Disney's strategy to provide a 'one-app experience' for US subscribers. Disney is also on track to complete the purchase of Comcast Corp.'s (NASDAQ:CMCSA) 33% stake in Hulu for $8.6 billion.

Portfolio Pulse from Rounak Jain

November 09, 2023 | 8:28 am

DNB

Dun & Bradstreet (NYSE:DNB) has announced the upcoming availability of Entity Resolution services, complete with D-U-N-S Numbers, to all relevant third-party providers and clients within the Databricks Marketplace. This new offering will provide over 200,000 new and existing Dun & Bradstreet clients a quick and frictionless experience when adding new data assets to their commercial data strategies.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:36 am

PSNY

Swedish electric car brand Polestar Automotive Holding UK PLC (NASDAQ:PSNY) provided updates on its upcoming vehicles during its Q3 earnings call. The Polestar 3 SUV, delayed due to software development issues, will start production in China in early 2024 and in the U.S. later that summer. The Polestar 4 SUV coupe will start production in Hangzhou Bay in November. The company also plans to announce another production site outside of China for the production of Polestar 4 starting mid-2025. Polestar reported a Q3 operating loss of $261.2 million, up from a loss of $196.4 million in Q3 2022, but revenue rose 41% to $613.2 million.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 7:22 am

DIS

PENN

Disney CEO Bob Iger outlined four strategies to revive the company's growth: Parks and Resorts, Studio, ESPN, and streaming. The company aims to achieve significant profitability in streaming, transform ESPN into a leading digital sports platform, improve film studios' output and economics, and boost growth in the experiences business. Disney plans to roll out a more unified one-app experience domestically, which will increase engagement, advertising opportunities, and reduce churn and customer acquisition costs. The company also plans to launch a beta version for bundled subscribers in December 2024. Disney's shares rose 3.29% to $87.28 in after-hours trading.

Portfolio Pulse from Shanthi Rexaline

November 09, 2023 | 6:40 am

AAPL

A Las Vegas resident credits the fall detection feature of his Apple Inc. (NASDAQ:AAPL) Watch Ultra for saving his life during a severe diabetic episode. The smart wearable identified his fall, automatically dialed 911, pinpointed his location for first responders, and alerted his emergency contact. This is not the first instance where the Apple Watch has played a critical role in saving lives, highlighting the significant role of Apple’s health and safety features.

Portfolio Pulse from Ananya Gairola

November 09, 2023 | 6:05 am

TSLA

Tesla Inc (NASDAQ:TSLA) has expanded its warning of federal tax credit reductions to include 'certain vehicles', not just the Model 3. The company's website now advises prospective buyers to take their deliveries before the end of the quarter to guarantee a full incentive of $7,500. Previously, the warning was limited to the Model 3, with a 'strong likelihood' of tax credit reductions to $3,750 after Dec. 31.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 5:33 am

DIS

NFLX

WBD

Disney's CEO, Robert Iger, announced that the company's core brands, including Disney, Pixar, Marvel, and Star Wars, will not be licensed to competitors like Netflix. This decision contrasts with Warner Bros. Discovery's approach, which has licensed some of its DC Universe content to Netflix. Iger emphasized the competitive advantage these brands provide for Disney's streaming business.

Portfolio Pulse from Ananya Gairola

November 09, 2023 | 5:17 am

TSLA

There are reports that Tesla Inc (NASDAQ:TSLA) might be adding a HEPA filter to its refreshed Model 3, a feature already present in other Tesla models. However, these reports are unconfirmed and some sources suggest they may be inaccurate. The addition of a HEPA filter would significantly improve in-cabin air quality.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 4:51 am

DIS

Disney's CEO, Bob Iger, has admitted that the company's recent films have not met their quality standards, leading to box office disappointments. This includes underperformance of films like 'Ant-Man and the Wasp: Quantumania' and bleak projections for 'The Marvels'. In response, Iger plans to overhaul the film studio, being more discerning about sequels and new original movies.

Portfolio Pulse from Benzinga Neuro

November 09, 2023 | 4:44 am