Streetbeat News

Products Services

BBY

DOCU

HOOD

VZ

Insiders at DocuSign, Best Buy, Robinhood Markets, and Verizon Communications have recently sold shares of their companies. DocuSign's insider sold shares after a reported revenue increase, while Best Buy's insider sold post upbeat earnings but with lowered future guidance. Robinhood's CEO sold shares as the company expands its crypto trading service in the EU. Verizon's insider sold shares amidst the launch of a streaming bundle partnership with Netflix and Warner Bros. Discovery Max.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 12:59 pm

MAT

PARA

Mattel Inc (MAT), Paramount Global's (PARA) Paramount Pictures, and Temple Hill Entertainment are collaborating to develop a live-action feature film based on the American Girl doll line. The film will be distributed by Paramount Pictures and produced by Mattel Films, Paramount Pictures, and Temple Hill Entertainment. Lindsey Anderson Beer will write the screenplay and produce. The American Girl brand is known for its premium dolls and bestselling books, and the upcoming film is part of Mattel's strategy to leverage its brands in multimedia formats. Margot Robbie's Barbie film is expected to significantly contribute to Mattel's Dolls segment revenue in 2023.

Portfolio Pulse from Shivani Kumaresan

December 14, 2023 | 12:45 pm

AAPL

GOOG

MUSQ

SPOT

The MUSQ ETF, which includes major holdings like Apple and Alphabet, remained flat, consolidating from a bull flag pattern. The music industry has shown resilience post-pandemic with live tours and streaming growth. Apple's services division, including Apple Music, saw a revenue increase, while Spotify posted a Q3 earnings beat. Universal Music Group, another MUSQ holding, is exploring AI's potential in music with YouTube. Alphabet has seen a 44% stock increase over the past year. MUSQ offers broad exposure to the music industry, including AI.

Portfolio Pulse from Melanie Schaffer

December 14, 2023 | 12:44 pm

EGOX

Next.e.GO Mobile has announced a cooperation with Cylib to develop sustainable recycling processes for lithium-ion batteries. This collaboration aims to enhance the sustainability and lifecycle of batteries used in electric vehicles, which is a growing concern as the market for EVs expands.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:39 pm

MDT

The FDA has approved Medtronic plc's PulseSelect Pulsed Field Ablation (PFA) System for treating atrial fibrillation (AF), marking it as the first PFA technology approved in the U.S. and the first with FDA breakthrough designation following its recent CE Mark in Europe. Medtronic's PULSED AF study showed an 80% clinical success rate with a low safety event rate. The PulseSelect system features nine electrodes for contiguous ablation and can be used with fluoroscopy or any mapping system. Commercialization is set for early 2024. Medtronic's stock (MDT) rose 1.20% in premarket trading.

Portfolio Pulse from Vandana Singh

December 14, 2023 | 12:39 pm

BLUE

Bluebird Bio expects 85 to 105 patient starts across its three commercial products in 2024, following FDA approval of Lyfgenia. The company has also signed an outcomes-based agreement with an organization covering approximately 100 million U.S. persons.

Portfolio Pulse from Charles Gross

December 14, 2023 | 12:38 pm

CARM

MRNA

Carisma Therapeutics has announced the nomination of its first lead candidate in collaboration with Moderna, targeting an antigen present on a solid tumor. This marks a significant milestone in the partnership between the two companies, focusing on the development of novel cancer therapies.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:37 pm

AEHR

Aehr Test Systems has received its first order for the FOX Wafer Level Test and Burn-in System, which will be used for engineering and qualification of Gallium Nitride semiconductors. This order marks a new application area for Aehr's products, potentially expanding its market and signaling confidence in its technology for high-reliability applications.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:36 pm

AAPL

GOOG

GOOGL

Apple Inc. has launched a new web-based diagnostic tool that allows customers to remotely check and repair their iPhones and MacBooks. The tool supports iPhone 12 and later, including the iPhone 15 series, as well as M2-powered MacBooks, Mac Mini, Mac Pro, and Mac Studio. This initiative follows Apple's support for the Right to Repair bill, enabling both customers and third-party service providers to access repair tools. Apple's self-service repair tools are now available in 33 countries and 35 products. Alphabet Inc.'s Google also supports the Right to Repair movement with seven years of software updates for its Pixel 8 series.

Portfolio Pulse from Rounak Jain

December 14, 2023 | 12:27 pm