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AAPL

Apple's high-yielding savings account, offered in collaboration with Goldman Sachs, has received over $10 billion in deposits since its launch in April. The account promises a yield of 4.15%, attracting a large number of Apple Card customers. However, Goldman Sachs is reportedly considering offloading the Apple Card and savings account portfolio as it aims to scale down its consumer lending business. Apple's financial services business is part of its Services business, which is expected to reaccelerate to a double-digit growth pace.

Portfolio Pulse from Shanthi Rexaline

August 04, 2023 | 12:35 pm

AAPL

GOOG

GOOGL

NBA star Giannis Antetokounmpo, known as the 'Greek Freak', was ridiculed for using a Google Pixel instead of an iPhone during the 2022 NBA All-Star Weekend. This led to Google offering him a sponsorship deal to be the face of Google Pixel for the next two years. Google has been directly comparing its Pixel phones with the iPhone in its 'Best Phones Forever' campaign, highlighting features absent in iPhones.

Portfolio Pulse from Ananya Gairola

August 04, 2023 | 12:35 pm

AMZN

ETHUSD

MATICUSD

Amazon has partnered with Mojo Melee, an online game built on Ethereum's scaling network Polygon, to offer exclusive benefits to its Prime subscribers. The benefits include access to non-fungible tokens (NFTs) and in-game currency. The partnership is set to last for six months, during which Prime subscribers can anticipate monthly drops of free in-game NFTs and additional exclusive content.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 12:34 pm

TSLA

Tesla Inc. CEO Elon Musk announced that the company is nearing completion of its Full Self-Driving (FSD) AI technology. Musk stated that vehicle control is the final piece of the FSD AI puzzle and that the progress is currently training compute constrained, not engineer constrained. No specific timelines for the final rollout were provided.

Portfolio Pulse from Benzinga Neuro

August 04, 2023 | 12:34 pm

DOX

Amdocs (NASDAQ:DOX), a software and services provider for communications and media companies, has announced that South Africa's Melon Digital has chosen Amdocs' eSIM Cloud platform. This will allow Melon Digital to offer customers a fully digital experience with eSIM capabilities on their primary and secondary devices. The integration of the Amdocs eSIM Cloud platform with Melon Digital's existing MVNE platform will enable seamless digital experiences on smartphones, smartwatches, and other connected devices.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:33 pm

CURLF

TRSSF

Maryland's cannabis sales reached $87.43 million in the first month of recreational sales, exceeding expectations. The state's cannabis retailers, including TerrAscend (OTCQX: TRSSF) and Curaleaf Holdings (OTCQX: CURLF), are delighted with the results. The Maryland Cannabis Administration anticipates the industry will generate $600 million in retail sales during the first year of adult-use cannabis legalization.

Portfolio Pulse from Maureen Meehan

August 04, 2023 | 12:33 pm

AAPL

DOGEUSD

Elon Musk plans to discuss with Apple CEO Tim Cook about the tech giant's 30% revenue-sharing policy with the microblogging site, now rebranded as 'X'. Musk suggests adjusting the fee to 30% of what 'X' keeps, aiming to maximize what creators receive on the platform. Dogecoin co-creator Billy Markus also urged Cook to share more wealth with creators. Musk revealed a new feature allowing creators to adjust the price of paid subscriptions is coming soon.

Portfolio Pulse from Ananya Gairola

August 04, 2023 | 12:33 pm

DOX

Amdocs' Vubiquity has been selected by VIDAA USA Inc. to provide ad-based video-on-demand (AVOD) and transactional video on demand (TVOD) content to VIDAA tv. The service will be available on millions of connected TVs starting in the US, with a planned global launch in 2023. VIDAA tv offers VOD, live linear, and ad-supported content for free on Smart TVs manufactured by Hisense, Toshiba and more than a hundred additional TV brands.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:32 pm

DOX

Singapore's digital network operator, M1, has chosen Amdocs (NASDAQ:DOX) to power its new prepaid platform. The platform will also serve M1's mobile virtual network enabler (MVNE) business and provide mobile virtual network operators (MVNOs) with the opportunity to introduce offers and innovative bundles to meet customer-specific needs. This is the latest step in M1's digital transformation journey.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:30 pm

QQQ

SPY

TSLA

Benzinga's AI experiment, which uses OpenAI's ChatGPT to manage a hypothetical $10,000 investment portfolio, has completed its 12th week. The AI-curated portfolio's performance is compared with leading U.S. equity funds. After 12 weeks, the portfolio's performance slipped, losing its spot in the top-five standings. Tesla Inc (TSLA), the portfolio's frontrunner, is pulling back, while AT&T Inc (T) continues to underperform.

Portfolio Pulse from AJ Fabino

August 04, 2023 | 12:29 pm