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BMBL

META

MTCH

RBLX

SNAP

Bumble Inc (NASDAQ: BMBL) is taking steps to combat issues related to bots, spam, ghosting, and doxing on its platforms, including Badoo. The company has introduced measures to maintain user experience integrity, including prohibiting artificial manipulation of connections, matching, conversations, or engagement. Bumble has blocked over 8.2 million accounts this year using AI-driven detection mechanisms. The company is also addressing ghosting and doxing issues, categorizing them as violations of its policies.

Portfolio Pulse from Anusuya Lahiri

September 01, 2023 | 3:05 pm

AMZN

CRM

GOOG

MSFT

Salesforce Inc (NYSE:CRM) surpassed Wall Street estimates with its Q2 results, reporting $8.60 billion in revenue, a YoY growth of 11%, and a net income of $1.27 billion. The company also raised its full-year guidance. Salesforce, along with Amazon.com Inc (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOG), expressed optimism about recovery in technology spending for the remaining half of the year. Salesforce also introduced AI enhancements to its Cloud applications and announced an AI Cloud that will include marketing and data analysis tools.

Portfolio Pulse from Upwallstreet

September 01, 2023 | 2:05 pm

BNTX

PFE

The European Commission has approved the Comirnaty XBB.1.5-adapted COVID-19 vaccine, developed by BioNTech SE (BNTX) and Pfizer Inc (PFE). This is the third adaptation of the vaccine to respond to new COVID-19 variants. The vaccine is authorized for adults, children, and infants above six months. The adapted vaccine is expected to increase immunity against current dominant and emerging variants. PFE shares are up 0.90% at $35.71, and BNTX stock is up 1.13% at $122.30.

Portfolio Pulse from Vandana Singh

September 01, 2023 | 1:57 pm

TSLA

Tesla has reduced the prices of its Model S and Model X electric vehicles in the U.S., leading to a decrease in the company's share price.

Portfolio Pulse from Bill Haddad

September 01, 2023 | 1:43 pm

DAL

EADSY

Delta Air Lines has updated the radio altimeters in its in-service fleet to manage potential 5G C-Band interference, achieving full 5G compliance. A few aircraft are out of service for maintenance and will be updated upon return. Delta had about 190 aircraft, including its Airbus A220 fleet, to be equipped before the July 1 deadline.

Portfolio Pulse from Nabaparna Bhattacharya

September 01, 2023 | 1:29 pm

CVX

UBER

WHR

On CNBC's 'Halftime Report Final Trades', analysts expressed positive sentiments towards Whirlpool Corporation (WHR), Chevron Corporation (CVX), and Uber Technologies, Inc. (UBER). Whirlpool agreed to pay $11.5 million in civil penalties to settle U.S. Consumer Product Safety Commission charges. Chevron evacuated staff from three U.S. Gulf of Mexico oil production platforms due to Hurricane Idalia. Uber launched an electric motorbike service in Kenya.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 1:25 pm

FXI

China's Ministry of Industry has issued proposals to support the expansion of new energy vehicles consumption. It expects vehicle sales to increase by 3% YoY to 27 million units in 2023, with 9 million units being new energy vehicles, a 30% YoY increase.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 1:04 pm

RTX

The U.S. Air Force and Raytheon, an RTX business, have successfully completed the first flight test of the AIM-120C-8, the latest international variant of AMRAAM developed under the Form, Fit, Function (F3R) refresh. The missile met all primary objectives for the flight test. The U.S. Air Force recently awarded Raytheon a $1.15 billion AMRAAM contract to produce AIM-120D-3 and C-8 missiles for 19 countries.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 1:02 pm

CHTR

DIS

Charter Communications has stated that it and Disney are ideal partners to establish a hybrid linear TV and direct-to-consumer model.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 12:52 pm

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc, has removed the live video chat app Chamet from the Play Store due to violations of its user-generated content policy. The app, popular in India, had significant financial gains with users in India spending over $38 million on Chamet. The removal has raised questions about potential actions against other similar apps. Google has also faced scrutiny from global regulators for its Play Store commissions, billing systems, and anti-competitive practices.

Portfolio Pulse from Anusuya Lahiri

September 01, 2023 | 12:42 pm