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IGT

IGT PlaySports is now powering retail sports betting at Palace Casino Resort in Mississippi. This is a correction to a previous report.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 11:02 am

DG

Dollar General has announced a new DG Cash Back program, which allows customers to earn cash back on eligible purchases. This is made possible through the company's partnership with the Ibotta Performance Network.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:56 am

ATVI

HMC

HTHIY

MIELY

MSFT

SONY

Sony Group Corp is increasing its R&D spending in its game business, with a focus on live service games and the metaverse. The company plans to invest $2.13 billion into R&D for its game segment for FY24. Sony is shifting from a hardware focus to a subscription-based business model and expects the market for add-on style games to surpass the market for hardware like the PlayStation for the first time in 2026. Sony also plans to use the technology it develops in its game business in other fields, such as in-vehicle content for the electric car it is developing with Honda Motor Company.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 10:54 am

GOOGL

META

MSFT

Meta Platforms, Inc. (NASDAQ:META) is reportedly preparing to launch a commercial version of its artificial intelligence model, LLaMA, which will compete with Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) in the development of generative AI. The new version will be more widely available and customizable by companies. The move is expected to enhance Meta's position as an open model, allowing companies of all sizes to improve the technology and build applications. Meta's shares traded higher by 1.82% at $314.95 premarket on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 10:49 am

IGT

IGT PlaySports is not powering retail sports betting at Palace Casino Resort in Mississippi.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:47 am

AAPL

GOOGL

LCID

MSFT

TSLA

Investor sentiment improves following inflation report. Cathie Wood's Ark Invest continues to sell Tesla stocks despite its rise and AI potential. China issues new AI guidelines following Elon Musk's remarks. Apple releases first iOS 17 public beta and Siri now supports English and Hindi. Google is accused of stealing content on the internet. Microsoft expresses disappointment at FTC for pursuing case against Activision acquisition. Tesla plans to set up its own supply chain ecosystem in India. Lucid's stock slumps by 11%. Shiba Inu's burn rate plunges 100%. Elon Musk's new ChatGPT competitor ignites 750% rally for an unrelated token.

Portfolio Pulse from Akanksha Bakshi

July 13, 2023 | 10:44 am

TSLA

Tesla plans to sell a Cybertruck-inspired electric quad bike for children aged 8-12 in China. The bike, priced at $1,670, is expected to go on sale from Friday. The company's factory in Shanghai produces more than 50% of its global electric vehicle production. In June, Tesla China delivered 93,680 units of Giga Shanghai-made cars, an 18.72% increase Y/Y. TSLA shares are trading higher by 0.83% at $274.25 in premarket on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 10:35 am

TSLA

Tesla is set to launch a $1,670 electric quad bike for kids in China. The move is part of Tesla's strategy to expand its product range and tap into the Chinese market.

Portfolio Pulse from Charles Gross

July 13, 2023 | 10:19 am

META

Instagram head Adam Mosseri announced that his team is working on improving Threads, a new app by Meta Platforms Inc. (NASDAQ:META), by adding missing features and shipping improvements. The team is addressing criticisms such as the algorithmic feed and the issue of account deletion affecting both Instagram and Threads accounts.

Portfolio Pulse from Rounak Jain

July 13, 2023 | 10:14 am

GILD

Gilead Sciences has announced two public-private partnerships aimed at accelerating the development of dispersible pediatric HIV medicines.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:03 am