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AMD

NVDA

Nvidia Corp. (NVDA) faces potential concerns despite its significant rise in 2023, with UBS analyst Timothy Arcuri noting a decrease in lead times for Nvidia's chips, suggesting potential for increased shipments and revenue. However, short seller Jim Chanos and others view this as a negative sign, indicating possible waning demand. The situation is complicated by Nvidia's strong position in the AI market, competition, and reliance on key markets like Singapore. Nvidia's upcoming quarterly earnings report on Feb. 21 may provide further insights.

Portfolio Pulse from Shanthi Rexaline

February 14, 2024 | 11:03 am

AAPL

DIS

FOX

WBD

Disney (NYSE:DIS), Fox Corp (NASDAQ:FOX), and Warner Bros. Discovery Inc (NASDAQ:WBD) are considering a former Apple Inc (NASDAQ:AAPL) executive, Pete Distad, for the CEO role of their new sports streaming service. This service, expected to launch later this year, will consolidate live sports programming from 14 networks including ESPN, ABC, TNT, TBS, and Fox's channels, covering major sports like NFL, NBA, MLB, and more. The venture aims to recapture revenue lost to cord-cutting by offering an extensive sports content lineup.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 10:48 am

AAPL

META

Apple Inc. announced that its Vision Pro mixed reality headset now features over 1,000 dedicated apps, just 12 days after launch, despite initial returns by early buyers due to various issues. The device, which also supports over 1.5 million compatible apps, is seen as a potential iPad successor. However, it faces stiff competition from Meta Platforms Inc.'s Quest 3 headset, which CEO Mark Zuckerberg claims offers better value and overall product quality.

Portfolio Pulse from Rounak Jain

February 14, 2024 | 10:37 am

EWW

FXI

TSLA

Bloomberg reported that Elon Musk has invited Chinese suppliers to Mexico to replicate Tesla's Shanghai plant's local supply chain. This move aims to enhance Tesla's production capabilities but has raised concerns in Washington, D.C., regarding the deepening ties between the U.S. and Chinese EV supply chains.

Portfolio Pulse from Charles Gross

February 14, 2024 | 10:34 am

AAPL

The Apple Vision Pro, a $3,500 mixed-reality headset released on Feb. 2, has received mixed reviews. Some users are returning it due to its cumbersome design, disappointing vision quality, and lack of unique experiences. Despite these issues, others praise its advanced technology and potential for future improvements. The debate over its value is intensified by comparisons to Meta's Quest 3 by CEO Mark Zuckerberg and critiques from tech influencers.

Portfolio Pulse from Ananya Gairola

February 14, 2024 | 10:15 am

GIB

CGI has announced the extension of its long-term partnership with LocalTapiola to further advance the latter's enterprise-wide digital transformation program. This collaboration aims to enhance LocalTapiola's digital capabilities and improve customer experiences through innovative technology solutions.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:14 am

HMC

SONY

Nikkei reported that Sony and Honda's electric vehicle (EV) joint venture plans to launch an SUV and a compact vehicle before 2030. This strategic move aims to strengthen their position in the competitive EV market.

Portfolio Pulse from Charles Gross

February 14, 2024 | 10:07 am

SONY

Sony Group Corp (NYSE:SONY) plans to take its financial unit public in October 2025 following a decrease in PS5 sales, which led to a revision of its fiscal year sales forecast. This move reverses a $3.7 billion take-private deal from 2020. Despite strong software sales, hardware disappointments prompted a revenue forecast cut. Additionally, Sony recently acquired Michael Jackson's music catalog for $600 million and saw the PS5 outsell Microsoft's Xbox Series X | S by two to one.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 9:06 am

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), disputed a report by The Washington Post regarding the 2022 death of a Tesla employee, Hans von Ohain, in a crash involving a Tesla Model 3. Musk stated the Full Self-Driving (FSD) software was not downloaded or engaged in the vehicle at the time of the accident, suggesting the crash might have been avoided if FSD had been used. The report highlighted the contentious nature of Tesla's FSD, with some praising its latest beta version and others, like The Dawn Project, criticizing it as dangerous.

Portfolio Pulse from Ramakrishnan M

February 14, 2024 | 8:36 am

GRFS

Grifols, a leading producer of plasma-derived medicines, announced positive topline results from Biotest's phase 3 clinical trial of fibrinogen concentrate (FC), BT524, for treating acquired fibrinogen deficiency (AFD).

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:18 am