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HAS

Hasbro and Max-Matching Entertainments have entered into a strategic licensing partnership to develop location-based entertainment projects leveraging Hasbro's intellectual properties. This collaboration aims to expand the reach and engagement of Hasbro's brands through innovative entertainment experiences.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:39 pm

PLTR

Palantir Technologies, Inc. (NYSE:PLTR) shares are trading higher, driven by CEO Alex Karp's CNBC appearance discussing a new $178 million U.S. Army contract and the AIP Bootcamp. Additionally, Wedbush Securities raised Palantir's price target from $30 to $35, citing a strong product portfolio in AI. Palantir's stock is up 1.98% at $25.19.

Portfolio Pulse from Erica Kollmann

March 13, 2024 | 5:35 pm

AVGO

HACK

TRFK

Broadcom Inc (NASDAQ:AVGO) has made significant advancements in optical interconnect solutions for AI and ML, including a 200-Gbps per lane electro-absorption modulated laser and the industry's first 200G/lane VCSEL. These technologies are expected to support the front-end and back-end networks of AI compute clusters. Broadcom anticipates $10 billion in AI chip sales in 2024, with Google and Nvidia as early adopters. Citi analyst Christopher Danely reaffirmed a Buy rating on Broadcom with a price target of $1,560, highlighting the potential growth from AI and the VMware acquisition. Investors can also gain exposure to Broadcom through Pacer Funds Pacer Data And Digital Revolution ETF (NYSE:TRFK) and Amplify ETF Trust Amplify Cybersecurity ETF (NYSE:HACK).

Portfolio Pulse from Anusuya Lahiri

March 13, 2024 | 5:34 pm

GS

Goldman Sachs Group, Inc. (NYSE:GS) aims to expand its private credit portfolio from $130 billion to $300 billion in five years. Marc Nachmann, global head of asset and wealth management, announced plans to raise $40-$50 billion for alternative investments this year, with a significant portion allocated to private credit strategies. The expansion is part of a broader strategy to improve return on equity and grow the wealth management business, particularly focusing on ultra-high-net-worth clients in Europe and Asia.

Portfolio Pulse from Lekha Gupta

March 13, 2024 | 5:26 pm

AAPL

TSLA

An auction featuring items related to Apple Inc and its former CEO Steve Jobs, including signed business cards, is underway. A signed business card from Tesla Inc and SpaceX CEO Elon Musk is also up for auction. The Jobs card has reached $29,282, while the Musk card is at $11,000. The auction highlights the growing demand for memorabilia from iconic tech leaders.

Portfolio Pulse from Chris Katje

March 13, 2024 | 5:26 pm

KDP

Keurig Dr Pepper (NASDAQ:KDP) announced a new innovation in its Keurig single serve brewing system, introducing K-Rounds, plastic- and aluminum-free coffee pods, and the Keurig Alta brewer. These innovations aim to redefine home coffee brewing with sustainability and versatility, allowing for a variety of barista-style beverages. The company has entered a multi-year innovation agenda, with beta testing for the Keurig Alta system starting in fall 2024. KDP has also acquired a perpetual license from Delica Switzerland for proprietary technology to be used in these innovations.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:04 pm

TACT

Craig-Hallum has maintained its Buy rating for Transact Technologies (NASDAQ:TACT) but lowered its price target from $10.00 to $9.00. TACT's shares have fallen 6.11% in the last 24 hours to $6.45. A move to $9.00 represents a 39.53% potential increase. Transact Technologies develops technology and printing solutions mainly for the casino and gaming industry.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:00 pm

COO

JP Morgan upgraded its rating of Cooper Companies (NASDAQ:COO) to Overweight with a new price target of $120.00, up from $100.00. Shares of Cooper Companies have risen 1.88% in the last 24 hours to $103.45. The upgrade reflects a potential 16.0% increase from the current price. Cooper Companies, a leading eye care company in the U.S., operates through two segments: CooperVision and CooperSurgical, with significant market shares in contact lenses and IUDs respectively.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:00 pm

BTBT

HIVE

Bitcoin's surge to $73,000 overshadows the appearance of Death Cross signals in HIVE Digital Technologies Ltd (NASDAQ:HIVE) and Bit Digital Inc (NASDAQ:BTBT) stocks, indicating potential downward trends. HIVE reported strong Q3 earnings with $30.1 million in revenue and a 38% Gross Operating Margin, despite a 30.68% drop YTD. Bit Digital experienced a 47.04% decline YTD but remains active in mining and staking, with a production of 128.7 BTC in February 2024. The Death Cross, a bearish signal, has been triggered for both stocks, aligning with economist Peter Schiff's concerns about the underperformance of Bitcoin mining stocks.

Portfolio Pulse from Surbhi Jain

March 13, 2024 | 4:51 pm

AMZN

Jenny Woo's side hustle, Mind Brain Emotion, selling emotional intelligence-focused card games on Amazon.com Inc (NASDAQ:AMZN), generated $1.71 million in sales last year. Starting with a $1,000 investment, Woo's business now makes over $140,000 in sales monthly, with an estimated 40% profit margin. Woo, who also lectures and offers business consulting, shared insights on starting a successful side hustle on Amazon, emphasizing the importance of advertising, SEO, and resilience against competition.

Portfolio Pulse from Adam Eckert

March 13, 2024 | 4:42 pm