Streetbeat News

Products Services

INTC

NVDA

TSM

Nvidia Corp. (NVDA) has outperformed Intel Corp. (INTC) in 2023, with its stock price surging 226% compared to Intel's 67% increase. Nvidia's market cap is now $1.152 trillion, dwarfing Intel's $187.781 billion. Nvidia's data center revenue soared to $14.5 billion in Q3 2023, while Intel's fell to $3.8 billion. Nvidia dominates the AI chip market with over 70% share, and its H100 chip is in high demand, with production dependent on TSMC (TSM). Analysts rate NVDA as a 'Buy' with a 27.6% upside, while INTC is rated as a 'Hold' with a potential 22.2% decline.

Portfolio Pulse from Rounak Jain

December 12, 2023 | 3:25 pm

WBD

Warner Bros. Discovery has announced that its streaming service, Max, is now available on YouTube Primetime Channels. This integration allows YouTube users to subscribe to Max directly through YouTube's platform, enhancing content accessibility and potentially increasing subscriber numbers for Max.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:17 pm

EBAY

eBay is launching a mobile consignment service called 'Luxe Line' that will travel to various West Coast locations, allowing shoppers to consign luxury items and shop for new additions to their collections. Fashion designer Jenna Lyons will participate by consigning items from her renowned closet.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:10 pm

HAS

McFarlane Toys has announced an expansion of its Page Punchers brand and has signed a multi-brand licensing agreement with Hasbro. This partnership will allow McFarlane Toys to create figures based on various Hasbro properties, which could potentially include iconic brands like Transformers, G.I. Joe, and My Little Pony. The collaboration aims to leverage McFarlane Toys' expertise in high-quality, detailed figures and Hasbro's vast portfolio of beloved brands to create new products that appeal to collectors and fans.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:07 pm

GM

General Motors (GM) has announced a collaboration with Komatsu to develop a hydrogen fuel cell-powered mining truck. This partnership aims to integrate GM's advanced technology into Komatsu's vehicles, aligning with GM's vision of a zero-emissions future. The collaboration is expected to leverage GM's Hydrotec fuel cell technology to power Komatsu's mining trucks, which could lead to significant reductions in greenhouse gas emissions from mining operations.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:05 pm

PTPI

Petros Pharmaceuticals has completed a Human Factors Study, a key step in the FDA approval process for converting its prescription erectile dysfunction drug, Stendra, to over-the-counter (OTC) status. This study is intended to support the company's application for a prescription to OTC switch, potentially increasing patient access to Stendra.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:04 pm

AMST

Amesite has entered into a five-year partnership with West Virginia Northern Community College (WVNCC) to expand their Workforce Development Program with flexible, online offerings. Amesite's CEO, Dr. Ann Marie Sastry, expressed delight in partnering with WVNCC to engage more effectively with the community through education.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:02 pm

ZS

Zscaler has expanded its portfolio with new AI-powered features in its Zscaler Risk360 and Zscaler Digital Experience Monitoring products. The enhancements include tools for managing SaaS utilization, visualizing office use, cybersecurity maturity assessments with generative AI, integration with third-party data like CrowdStrike, financial risk models with Monte Carlo simulations, and compliance features for SEC reporting. ZDX improvements offer AI-powered root cause analysis, self-service for end-users, proactive performance monitoring, and simplified collaboration between IT teams.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 3:01 pm

GOOGL

Google (NASDAQ:GOOGL) is developing a message editing feature for its messaging platform, as reported by The Spandroid. This feature, which includes an editing interface and edit history, was found in the Google Messages beta version. Although not yet operational, it signifies Google's commitment to enhancing user experience, following its achievement of one billion monthly active RCS users in December 2023. Google is also adding an emergency SOS feature to Android 14, similar to the one available on iPhones.

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 2:53 pm

BYND

COST

Beyond Meat has announced the launch of a new Beyond Burger, which will be available exclusively at Costco stores. This move is part of the company's efforts to expand its product offerings and distribution channels. The exclusive availability at Costco could attract customers seeking plant-based meat alternatives and may potentially increase foot traffic and sales for Costco while providing Beyond Meat with a larger platform to reach consumers.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 2:47 pm