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CGS International Securities has expanded its securities finance capabilities by adopting the Broadridge SFCM solution. This move is aimed at enhancing their operational efficiency and client service in the securities finance sector.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:27 am

AAPL

Apple Inc. is set to release new hardware, including updated Mac, iPad, Apple Pencil, and Magic Keyboard, without a launch event. The products, in production overseas, will be announced on Apple's website with online videos and marketing campaigns. Expected in March or April, these releases will follow iOS 17.4, supporting the new hardware. The lineup includes revamped iPad Pro models, an updated iPad Air, and new MacBook Airs with the M3 chip. Apple's marketing teams are preparing for the announcement, focusing on the Worldwide Developers Conference for showcasing generative AI advances. Retail stores are currently low on MacBook Airs and iPad Pros, with refreshes planned.

Portfolio Pulse from Ananya Gairola

March 04, 2024 | 6:16 am

KD

STLA

Kyndryl has signed a multi-year agreement with Stellantis to manage and operate select essential business operations across Europe, North America, and South America. This partnership, building on a previous agreement from February 2023, aims to modernize Stellantis' IT infrastructure. It will allow the automaker to access a broader range of technical resources and shift its focus towards digital innovation, cybersecurity, new business models, and customer-centric solutions.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:12 am

SOHU

Sohu.com Limited reported its Q4 2023 operating results, showing a mixed performance in its gaming division. PC games MAU increased by 2% YoY to 2.3 million, while mobile games MAU decreased by 4% YoY to 1.7 million. The decrease in mobile games was attributed to the natural decline of older games, partially offset by the launch of New TLBB Mobile. However, both PC and mobile games saw a decrease in active paying accounts, with PC games APA down 4% YoY and mobile games APA down 14% YoY.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:44 am

GOOG

GOOGL

Elon Musk expressed concerns over the House Judiciary Committee's investigation into the White House's potential influence on Alphabet Inc.'s Gemini AI model. The investigation probes into content moderation decisions and the fine-tuning of the Gemini AI model, amid allegations of coercion or collusion with tech companies to moderate online content. The controversy around Gemini AI's historically inaccurate content has also been highlighted.

Portfolio Pulse from Ananya Gairola

March 04, 2024 | 3:56 am

AAPL

Apple Inc. is set to launch the iPhone SE 4, featuring a design akin to the iPhone 14, with a 6.1-inch notched display, Face ID, USB-C port, and an Action Button, but without the traditional home button. The device, expected to be similar in size to the iPhone 13 and 14, will maintain a single primary camera. Rumors suggest a potential 2025 launch, though it might be introduced at this year's fall event alongside the iPhone 16 series. This marks a significant update for Apple's budget iPhone range, countering earlier cancellation rumors.

Portfolio Pulse from Ananya Gairola

March 04, 2024 | 2:16 am

AAPL

Edward Snowden expressed concerns about children's screen time and shared his personal struggle with internet addiction during his teenage years. He highlighted the challenge of managing screen dependency and reflected on his own extreme measures to stay online despite physical pain. Snowden's comments underscore the balance between recognizing technology's potential and cautioning against its risks, especially for children.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:58 am

SOL

WIF

Raoul Pal humorously embraces the current altcoin season, highlighting the meme coin Dogwifhat (CRYPTO: WIF), which has seen a 361.59% increase in a week. Pal's tweet reflects a shift from serious blockchain debates to enjoying the speculative nature of meme coins, advising caution. Dogwifhat's popularity surged, especially after being listed on Robinhood's European platform, contributing to its value increase. The coin briefly became Solana's top memecoin, indicating a potential 'memecoin supercycle' and an 'alt season' with increased liquidity in smaller cryptocurrencies.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:22 am

NFLX

Malaysia's Ministry of Transport is considering resuming the search for the missing Malaysia Airlines Flight 370 (MH370) with Ocean Infinity, a Texas-based company, proposing a 'no find, no fee' search. The Boeing 777 disappeared in 2014 with 239 people on board, and despite previous searches, remains unfound. The potential new search comes as interest in the MH370 mystery was reignited by a Netflix docuseries.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:00 am

IGT

IPG

RELY

ZBH

Barron's cover story highlights the best luxury second home resort markets in the US, with Austin, Texas, Lake Geneva, Wisconsin, and Park City, Utah topping the list. Luxury second home prices rose 11% in 2015. The article also discusses investment opportunities in hedge funds through closed-end funds run by Bill Ackman and Dan Loeb, and mentions stocks like Interpublic Group (IPG), Zimmer Biomet Holdings (ZBH), Real Industry (RELY), and International Game Technology (IGT) for their potential.

Portfolio Pulse from Nelson Hem

March 03, 2024 | 9:37 pm