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ADBE

AMZN

WMT

Amazon has initiated its fall sale for Prime members, aiming to capitalize on the anticipated subdued holiday shopping season. The sale is expected to see consumers focusing on discounted items rather than luxury products. Retail giants like Walmart are also expected to offer competitive deals. Adobe anticipates total U.S. online sales to hit $8.1 billion during the sale, marking a 6.1% increase from the previous year.

Portfolio Pulse from Anusuya Lahiri

October 10, 2023 | 1:59 pm

NFLX

NYT

WBD

On his first day at Warner Bros. Discovery, Inc (WBD), CEO Mark Thompson emphasized the need for CNN to enhance its digital presence. Drawing from his experience as the former CEO of the New York Times Co (NYT), Thompson highlighted the importance of mobile devices as the primary news source. He acknowledged the recent launch of CNN Max, a streaming service aimed at competing with giants like Netflix Inc (NFLX), but stressed that the network is not yet adequately prepared for the future.

Portfolio Pulse from Anusuya Lahiri

October 10, 2023 | 1:54 pm

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has made passkeys the default sign-in method for personal Google accounts as part of its Cybersecurity Awareness Month initiative. Passkeys, which are faster and more secure than traditional passwords, have been incorporated into major apps such as YouTube, Search, and Maps. Google aims to persuade the industry to adopt passkeys, making passwords obsolete.

Portfolio Pulse from Benzinga Neuro

October 10, 2023 | 1:46 pm

PARA

ROKU

Roku has secured the exclusive U.S. rights to 'The Spiderwick Chronicles,' a television adaptation of the globally-acclaimed book series. The series, produced by Paramount Television Studios & 20th Television, will debut on The Roku Channel in early 2024. The Roku Channel reached U.S. households with an estimated 100 million people in Q4 2022 and is a top-five channel on the Roku platform by active account reach and streaming hour engagement.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:41 pm

AON

APPN

Aon (NYSE:AON) has digitized and automated its reinsurance claims process using the Appian Platform (NASDAQ:APPN). The transformation, which began in 2018, has led to increased agility, secure end-to-end process automation, and improved operational efficiency. The new claims workflow application allows Aon staff to focus on client advocacy and enhanced service delivery.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:41 pm

BNBUSD

Social trading platform Alpha Impact has introduced a copy trading feature for Binance (CRYPTO: BNB) futures. The platform is now recognized as an official broker partner. The feature allows subscribers to mirror the trading strategies of seasoned traders in real time. Alpha Impact is also rolling out multi-language support, starting with Bahasa for its Indonesian audience.

Portfolio Pulse from Murtuza Merchant

October 10, 2023 | 1:40 pm

CNVS

9 Story Media Group has announced the launch of a new hub channel on YouTube and plans for its first branded FAST channel through a partnership with Cineverse. The channels will feature kid-friendly 9 Story branding and some of the company's most iconic children's programming. The YouTube channel is now available, with FAST channels expected to launch in 2024. The expansion also includes a deal with Cineverse to bring the 9 Story hub into the FAST channel space.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:37 pm

DTGHF

DTRUY

Mercedes-Benz Trucks, a division of Daimler Truck Holding AG, has unveiled its electric long-haul truck, eActros 600. The truck has a high battery capacity of over 600 kilowatt hours, enabling it to travel 500 kilometers without charging. The company aims to replace the majority of diesel trucks in the long-haul transport segment with this electric truck. The start of series production is planned for the end of 2024.

Portfolio Pulse from Shivani Kumaresan

October 10, 2023 | 1:30 pm

AAPL

ASML

QCOM

TSM

Huawei's new smartphone series, powered by its proprietary Kirin 9000s chips, has sparked concerns in the US about its ability to curb China's tech ambitions. The Kirin 9000s chips deliver comparable performance to Qualcomm's Snapdragon 888. The US is reportedly planning to update its restrictions on the export of AI chips and semiconductor production equipment to China. Huawei continues to be one of Qualcomm’s major customers, purchasing between 23 million and 25 million chips from Qualcomm last year. However, if Huawei can produce the Kirin 9000s chip at a slightly higher cost, it may reduce its purchase of some of its higher-end chips from Qualcomm next year.

Portfolio Pulse from The Bamboo Works

October 10, 2023 | 1:27 pm

Micron Technology, Inc. (NASDAQ:MU) has announced the extension of its 1-beta process node technology with the introduction of 16Gb DDR5 memory. The new memory offers up to a 50% performance uplift and 33% improvement in performance per watt over the previous generation. The 1-beta DDR5 DRAM is now shipping to all data center and PC customers. The new product line offers current module densities in speeds ranging from 4,800 MT/s up to 7,200MT/s.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:19 pm