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GOOG

GOOGL

IBM

The first week of 2024 brought significant updates in the AI space, including user feedback on Alphabet Inc.'s Google Bard, IBM's perspective on computer science degrees, and the potential for a premium Bard service. Additionally, AI was used to create a fake passport image and to bring Elvis Presley back to the stage. Alphabet Inc. is seeking user input to improve Google Bard, while IBM's Matthew Candy questions the necessity of computer science degrees due to AI advancements.

Portfolio Pulse from Benzinga Neuro

January 07, 2024 | 9:02 am

ATAI

CMPS

CYBN

DMTTF

MAPS Public Benefit Corporation, a subsidiary of MAPS, has raised over $100 million in Series A funding to support FDA approval of MDMA for PTSD treatment. The company will rebrand as Lykos Therapeutics. The investment reflects growing interest in psychedelic treatments for mental illnesses. Atai Life Sciences, Compass Pathways, and Cybin Inc. are also advancing in the psychedelic space with significant investments and acquisitions.

Portfolio Pulse from Maureen Meehan

January 06, 2024 | 8:59 pm

ALK

Alaska Airlines has completed inspections on over 25% of its Boeing 737-9 fleet, with no concerning findings. The aircraft will be returned to service as inspections are finalized, ensuring full confidence in their safety.

Portfolio Pulse from Charles Gross

January 06, 2024 | 5:34 pm

FSR

KARS

RIVN

TSLA

Electric vehicle stocks fell in the week ending Jan. 5, with Tesla's Q4 deliveries exceeding expectations but not enough to lift the sector. Tesla lost its global EV leader status to BYD, faced a recall in China, and will provide 2024 guidance on Jan. 24. Rivian's Q4 deliveries slightly missed estimates, while Fisker adopted a dealer distribution model. Ford adjusted F-150 Lightning prices, and GM plans to compensate buyers for lost EV tax credits. The KraneShares Electric Vehicles ETF fell by 5.53% for the week.

Portfolio Pulse from Shanthi Rexaline

January 06, 2024 | 2:59 pm

AAPL

ANF

IBM

NVDA

Barron's weekend stock picks include Abercrombie & Fitch, Apple, Nvidia, and IBM. Abercrombie & Fitch's future growth is uncertain despite a recent spike. Apple faces a 5.9% YTD decline amid antitrust concerns. Shipping stocks like Maersk may benefit from Middle East conflict and Panama Canal drought. Nvidia is projected to generate $100 billion in free cash flow from AI chip sales. IBM's AI ambitions are met with skepticism from analysts.

Portfolio Pulse from Justin Chan

January 06, 2024 | 2:12 pm

AAPL

AMZN

NFLX

RIVN

TSLA

Benzinga's weekly review highlights significant movements in the stock market and bullish and bearish perspectives on several US-listed companies. The Nasdaq, S&P 500, and Dow Jones all experienced losses, with the Nasdaq dropping 3.25%. Strong U.S. job market data may influence the Federal Reserve's interest rate decisions. Bullish reports include Tesla's Model Y becoming the bestselling EV, Amazon being a top pick for 2024, and optimistic Bitcoin predictions. Bearish news includes a $250 billion loss in market cap for tech giants like Apple and Amazon, Cloudflare's CEO criticizing Rivian's high repair costs, and streaming services like Netflix facing increased subscription cancellations.

Portfolio Pulse from Michael Cohen

January 06, 2024 | 1:22 pm

CMCSA

NTDOY

SONY

Following the success of 'The Super Mario Bros. Movie,' which grossed over $1 billion, Nintendo Co (OTC:NTDOY) is hinted to be exploring more film projects. Shigeru Miyamoto, Mario's creator, is considering unique opportunities for Nintendo in movies and amusement parks. Comcast Corporation (NASDAQ:CMCSA), through Universal Pictures, distributed the Mario movie. A 'The Legend of Zelda' live-action film, a collaboration between Nintendo and Sony Group Corp (NYSE:SONY), has also been announced. The success of the Mario movie and potential sequels or spinoffs could positively impact Nintendo's stock, which has seen a 21% increase over the last year.

Portfolio Pulse from Chris Katje

January 06, 2024 | 1:19 pm

CMCSA

DIS

DKNG

PDYPY

The final week of the NFL season is approaching with playoff spots on the line. ESPN, ABC, and ESPN+ will air two games on Saturday, while NBC will broadcast the Sunday Night Football game. The NCAA Football Championship will see Michigan face Washington. The Detroit Pistons ended their 28-game losing streak. Big bets at FanDuel included a 35-cent bet turning into $100 and a $5 bonus bet into $3,396.92. Bet365 shared the most bet-on teams and players in various sports, highlighting the impact of Lionel Messi's move to MLS on soccer betting.

Portfolio Pulse from Chris Katje

January 06, 2024 | 1:10 pm

AAPL

AMZN

ASTS

TMUS

TSLA

VOD

SpaceX, led by Elon Musk, has launched its first set of direct-to-cell Starlink satellites, partnering with T-Mobile US to potentially enter the telecommunications market. The technology aims to provide mobile phone connectivity anywhere on Earth, especially in areas with limited connectivity. SpaceX plans to offer text messaging this year and voice and data services by 2025, pending further FCC approvals. The move could increase SpaceX's customer base and compete with similar initiatives by Apple, Amazon's Project Kuiper, and AST SpaceMobile.

Portfolio Pulse from Chris Katje

January 05, 2024 | 10:01 pm

ANTO.L

EDV.L

GOLD

Barrick Gold Corp and Antofagasta plc have formed a $95 million partnership for copper exploration in Chile. Endeavour Mining Plc fired its CEO for misconduct involving a $5.9 million payment and personal conduct issues. The battery industry needs to invest $514 billion by 2030 to meet demand for lithium-ion batteries.

Portfolio Pulse from Austin DeNoce

January 05, 2024 | 9:40 pm