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PYPL

PayPal Holdings, Inc. (NASDAQ:PYPL) announced six new innovations aimed at revolutionizing commerce through AI-driven personalization for merchants and consumers. These include a new PayPal checkout experience, Fastlane by PayPal for faster guest checkout, Smart Receipts with AI-personalized recommendations, an advanced offers platform for merchants, a reinvented PayPal consumer app with cash back offers, and enhanced Venmo business profiles for small businesses. These innovations are expected to speed up transactions, increase merchant sales, and provide more value to consumers. PayPal's global scale and AI capabilities are leveraged to deliver these new services, with rollouts starting in the United States throughout 2024.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:47 pm

PYPL

PayPal's President and CEO Alex Chriss has introduced six new innovations for PayPal and Venmo, focusing on AI-driven personalization for merchants and consumers. The announcement was made through a video titled 'PayPal First Look – January 2024' released on YouTube.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:35 pm

ALK

BA

Alaska Air's executive announced that within 8 days, the MAX 9s will be fully deployed. Additionally, the CEO reported receiving a faulty door plug from Boeing, which is unrelated to previous light or pressurization issues.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:30 pm

SOLUSD

Colosseum, a new venture capital fund, has been launched by a former Solana veteran to support blockchain startups, particularly those on the Solana platform. The organization will take over the organization of Solana Foundation’s hackathons, which have been instrumental in the ecosystem's growth. Colosseum will also introduce an Accelerator Program offering $250,000 in pre-seed capital to select hackathon winners. Despite the bear market, Solana has seen an 83% increase in new developer growth and a rise in developer retention rates from 31% to 50%.

Portfolio Pulse from Murtuza Merchant

January 25, 2024 | 5:30 pm

CMCSA

Comcast Corporation (NASDAQ:CMCSA) reported strong Q4 financial results, surpassing analyst estimates with $31.25 billion in revenue and earnings per share of 84 cents. Peacock, Comcast's streaming platform, reached over $1 billion in quarterly revenue for the first time, a 57% increase year-over-year, ending Q4 with 31 million subscribers. The growth is attributed to NFL coverage and Taylor Swift's presence at games. Peacock's exclusive NFL Playoffs game set streaming records. The company anticipates continued subscriber growth in Q1, bolstered by NFL games and the movie 'Oppenheimer'. Comcast shares rose 3.68% to $45.41.

Portfolio Pulse from Chris Katje

January 25, 2024 | 5:25 pm

PYPL

PayPal has announced an exclusive preview of new products for PayPal and Venmo, to be showcased on their YouTube channel at 9:30 a.m. PT today.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:21 pm

MSFT

NTDOY

Palworld, an open-world survival game, has surpassed Fortnite in daily Xbox players on January 22nd, according to Circana's Player Engagement Tracker. Despite its success, including selling 7 million copies in Early Access and becoming the second-most-played game on Steam, Palworld faces cheating issues. Developer Pocketpair released a patch to combat cheats and exploits but acknowledged the difficulty in completely preventing cheating. The game currently lacks an anti-cheat system, and experts suggest shifting authority to the server to reduce exploits. Palworld plans to introduce PvP gameplay, making cheat prevention crucial. The game has also been controversial, facing accusations of being a Pokémon rip-off and receiving death threats, while Nintendo has taken action against a Pokémon mod and The Pokémon Company intends to investigate potential intellectual property infringement.

Portfolio Pulse from Franca Quarneti

January 25, 2024 | 5:06 pm