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MSFT

Pete Hines, the head of publishing at Microsoft's Bethesda, revealed that the full depth of the upcoming game Starfield unfolds after players complete the main story mission. Hines spent around 80 hours engaging with faction-based questlines and side activities before starting the main story, which took him about 50 hours to finish. Starfield will have more than 1,000 planets for players to discover. A story expansion called Shattered Space and 'a lot of add-on content' are in the works.

Portfolio Pulse from Franca Quarneti

August 25, 2023 | 8:35 pm

MA

TWLO

Mastercard Inc (MA) has banned dispensaries from conducting debit card transactions for cannabis-related purchases, citing federal laws that consider such sales illegal. This move has forced cannabis enterprises to revert to traditional cash transactions or Automated Clearing House (ACH) transfers. Twilio Inc (TWLO), a communications service provider, has also banned cannabis entities from using its software for promotional activities, reflecting the broader reluctance of established players to engage with the cannabis sector due to legal complexities.

Portfolio Pulse from Joana Scopel

August 25, 2023 | 8:02 pm

AAPL

AVGO

GOOG

VMW

Oppenheimer analyst Rick Schafer reiterated an Outperform rating on Broadcom (AVGO) with a $900 price target, expecting a revenue of $8.85 billion and EPS of $10.43 for 3Q. AVGO's AI contribution is now 15% of semi-sales, up from 10% in FY22 and expected over 25% in FY24. The upcoming iPhone 15 launch is expected to benefit wireless. The Vmware (VMW) deal is likely to close in FY23. AVGO's 22 core franchises led by DC/cloud networking provide steady long-term growth. Susquehanna analyst Christopher Rolland maintains Broadcom with a Positive and raised the price target from $910 to $1010.

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 7:02 pm

BA

Boeing has announced that it continues to support its customers in China, with over 95% of their current 737 Max fleet in service, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 5:40 pm

AAPL

NFLX

SONY

Apple Inc's streaming service, Apple TV+, has released the trailer for the third season of its hit series, 'The Morning Show'. The company is staying competitive amid a surge in Netflix Inc's subscribers and Hollywood strikes. Apple TV+ is also leveraging sports content, including deals with Sony Group Corp, to keep up with its rivals. Apple's shares traded higher by 0.70% at $177.60 on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 5:30 pm

BA

SPR

Boeing and Spirit Aerosystems shares are trading higher following a report suggesting Boeing is readying a restart of 737 Max deliveries in China.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 5:20 pm

BA

FXI

Boeing is preparing to restart deliveries of its 737 Max to China after a hiatus of nearly four years, according to Bloomberg. This comes as China's aviation regulator is reportedly close to lifting a grounding order on the jet.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 5:16 pm

BIDU

Baidu Inc has announced plans to expand its Apollo Go driverless car service to cover Wuhan Tianhe International Airport. This move is part of the company's ongoing efforts to increase its presence in the autonomous vehicle market.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 4:31 pm

TSLA

Tesla is expected to generate up to $20 billion in revenues from its Supercharger deals with Ford, General Motors, and other automakers, according to Dan Ives of Wedbush. The adoption of Tesla's North American Charging Standard (NACS) by these automakers is set to significantly boost Tesla's revenues. Ives also highlighted Tesla's strong production figures, thriving energy business, continuous improvement in Autopilot and Full Self-Driving, and an unmatched battery ecosystem as contributors to a strong financial sheet for Tesla.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 4:17 pm

JAGX

Jaguar Health's subsidiary, Napo Pharmaceuticals, has received a notice of allowance for its U.S. patent application 16/617,463 titled 'Methods And Compositions For Treating Congenital Diarrhea Disorder'.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 4:13 pm