Streetbeat News

Products Services

AAPL

Apple Inc.'s Vision Pro mixed reality headset's travel case has sparked mixed reactions online due to its unique design and $199 price tag. The case, designed to protect the Vision Pro headset, features a Ripstop outer shell, Polycarbonate structure, and compartments for accessories. Despite its innovative design, some users criticized its utility and cost, especially since the Vision Pro itself is priced at $3,499 without the case included. Meanwhile, early adopters of the Vision Pro have reported issues with the headset, and competitors like Meta Platforms, Inc. have claimed their products are superior. However, Microsoft executives have shown approval of the Vision Pro.

Portfolio Pulse from Ananya Gairola

February 20, 2024 | 8:28 am

RTX

Pratt & Whitney, a business unit of RTX (NYSE:RTX), has been chosen by Cebu Pacific Air to supply GTF engines for 15 more single-aisle aircraft, including 10 A321neo and 5 A320neo models. Additionally, Pratt & Whitney will offer engine maintenance under an EngineWise Comprehensive service agreement.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:24 am

EADSY

Airbus CEO Christian Scherer downplays the threat from China's Comac C919, stating it won't significantly impact the market. Despite the C919's certification and entry into commercial service, Scherer views it as similar to existing Airbus and Boeing models and welcomes the competition. The C919 uses the same engines as the Airbus A320neo and has secured orders from China's Tibet Airlines.

Portfolio Pulse from Benzinga Neuro

February 20, 2024 | 8:17 am

EVLV

Evolv Technology has been selected as the preferred technology provider for patron screening in North America by ASM Global. This partnership highlights Evolv's leadership in advanced screening solutions and ASM Global's dedication to enhancing guest experiences at its venues worldwide.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:08 am

ABBV

AbbVie presented new data from its gastroenterology portfolio at the 19th Congress of European Crohn's and Colitis Organisation, showcasing 17 abstracts on treatments for inflammatory bowel diseases. Key presentations included data on risankizumab (SKYRIZI) and upadacitinib (RINVOQ), highlighting their effectiveness and safety in treating ulcerative colitis and Crohn's disease.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:04 am

LILM

Lilium (NASDAQ:LILM) has partnered with PhilJets to introduce eVTOLs in Asia, starting with the Philippines. The collaboration aims to establish high-speed regional air mobility in Southeast Asia, with PhilJets planning to operate 10 Lilium Jets to address transportation challenges in the Philippines.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:00 am

AAPL

GOOG

SSNLF

Apple Inc. (NASDAQ:AAPL) is set to launch its foldable iPhone in September 2026, according to a report from Alpha Economy. This launch will occur eight generations after Samsung's first foldable phone. Apple has also filed a patent for a rollable iPhone, indicating its active interest in foldable display technology. Competitors like Alphabet Inc.'s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Samsung Electronics (OTCPK: SSNLF) already have foldable phones in the market, with Samsung having launched five generations of foldable devices.

Portfolio Pulse from Rounak Jain

February 20, 2024 | 7:58 am

KO

Coca-Cola Co (NYSE:KO) has launched Coca-Cola Spiced, a new permanent flavor targeting younger consumers with a blend of traditional Coca-Cola, raspberry, and spiced flavors. This marks the first permanent addition to Coca-Cola's North American flavor lineup in years, available in both regular and zero-sugar variants. The launch aims to cater to evolving taste preferences and maintain growth momentum, following a 7% year-over-year sales increase reported in Q4 2023.

Portfolio Pulse from Benzinga Neuro

February 20, 2024 | 7:50 am

MDT

Medtronic plc (NYSE:MDT) is set to release its Q3 fiscal year 2024 earnings on Feb. 20, 2024, with analysts forecasting earnings of $1.26 per share and revenue of $7.95 billion. The company recently received CE Mark approval for its MiniMed 780G system and FDA approval for its Percept RC DBS system. Analysts from Truist Securities, Oppenheimer, UBS, Wells Fargo, and Stifel have provided various ratings and price targets for Medtronic, reflecting a mix of expectations.

Portfolio Pulse from Avi Kapoor

February 20, 2024 | 7:23 am

GEHC

GE HealthCare (NASDAQ:GEHC) has entered into a 10-year strategic alliance with OSF HealthCare and Pointcore, Inc. to expand the reach of innovative technology and digital solutions to over one million patients. This collaboration aims to enhance clinical and operational efficiencies, standardize care delivery models, and improve patient outcomes across OSF HealthCare's network in Illinois and Michigan.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:18 am