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TSLA

Tesla Inc (NASDAQ:TSLA) has updated its loyalty program, removing the offer of three months of free Full Self-Driving (FSD) capability for existing North American Tesla owners purchasing a new Model Y or 3. Instead, these customers will now receive 10,000 credits and 6 months of free supercharging. The change comes after concerns about the high cost of FSD, which is priced at $12,000. Tesla had previously provided a one-time FSD transfer amnesty, which ended in September. New Tesla owners will still receive three months of free FSD to experience its features.

Portfolio Pulse from Anan Ashraf

November 29, 2023 | 4:18 am

AAPL

Apple Inc. (AAPL) plans to end its credit card partnership with Goldman Sachs Group (GS) within 12 to 15 months, as reported by the Wall Street Journal. The decision follows nearly four years of collaboration since 2019. Apple has recently launched a high-yield savings account and a 'buy now, pay later' service, while Goldman Sachs has been reevaluating its consumer lending strategy, including a potential sale of its General Motors credit card program.

Portfolio Pulse from Ananya Gairola

November 29, 2023 | 2:48 am

AAPL

At the Gotham Awards, Robert De Niro's speech criticizing former President Donald Trump was allegedly censored, and De Niro implied that Apple Inc. (AAPL), the distributor of his film 'Killers of the Flower Moon', was responsible. Apple has not commented on the accusation. The incident could affect decisions on De Niro's involvement in future promotions for the film, which is a significant investment for Apple and has grossed over $151.9 million worldwide.

Portfolio Pulse from Chris Katje

November 29, 2023 | 12:22 am

AAPL

AMZN

CMCSA

GOOG

GOOGL

Taylor Swift's 'Eras Tour' concert film, which has been successful at the box office, will be available for on-demand streaming starting December 13, coinciding with her birthday. The film will feature three additional songs not included in the theatrical release. It will be available on platforms such as AppleTV, Prime Video, Xfinity, Google Play, and YouTube. The film has grossed nearly $250 million worldwide, and there is speculation about which platform will eventually stream it for free to subscribers.

Portfolio Pulse from Chris Katje

November 28, 2023 | 11:29 pm

NFLX

Netflix's reality show 'Squid Game: The Challenge' premiered last week, topping the English-language TV series chart with 85.7 million hours watched. The original 'Squid Game' series also re-entered the top 10 in non-English languages, with 13.3 million hours viewed. The strong performance of the reality show is expected to boost anticipation for the second season of 'Squid Game'. Netflix shares are up 62% YTD, trading at $479.01.

Portfolio Pulse from Chris Katje

November 28, 2023 | 11:19 pm

DIS

DKNG

PENN

A bettor won a significant parlay bet on a low-scoring NFL game between the Bears and Vikings, which aired on ESPN and featured only one touchdown. The bettor placed a wager with DraftKings Inc (DKNG) on T.J. Hockenson scoring the first and last touchdown. PENN Entertainment's ESPN Bet platform offers bets on players not scoring touchdowns, a potentially profitable option in such games. The Bears won 12-10, and the game's total points were well under the line set by sportsbooks.

Portfolio Pulse from Chris Katje

November 28, 2023 | 11:05 pm

AAPL

BRK

Charles 'Charlie' Munger, Warren Buffett's partner at Berkshire Hathaway, has passed away at 99. Buffett praised Munger's role in building Berkshire Hathaway. Munger was vice chairman and a major shareholder, with holdings worth $2.1 billion. Under their leadership, Berkshire Hathaway outperformed the S&P 500 with an average annual gain of 20.1% from 1965 to 2021. Munger's investment strategies, including the 'Lollapalooza effect' and focus on great companies at decent prices, were highlighted, with Apple Inc. being a notable investment. The investment community mourns his loss, recognizing his contributions to finance and investing.

Portfolio Pulse from Piero Cingari

November 28, 2023 | 10:58 pm

PDD

Chinese e-commerce platform Temu, which is part of Pinduoduo Inc. (PDD), is reportedly planning to purchase multiple Super Bowl advertisements. This move is seen as an aggressive marketing strategy to expand its presence in the US market.

Portfolio Pulse from Charles Gross

November 28, 2023 | 10:23 pm

OLMA

Olema Oncology announced it will present new clinical data on Palazestrant in combination with CDK4/6 inhibitors at the 2023 San Antonio Breast Cancer Symposium. This could indicate progress in their treatment development for breast cancer.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 10:11 pm

ARVN

PFE

Arvinas and Pfizer are set to present updated clinical trial data for Vepdegestrant (ARV-471), a novel oral estrogen receptor degrader, at the 2023 San Antonio Breast Cancer Symposium. The drug is being studied for the treatment of ER+/HER2- breast cancer.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 10:07 pm