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META

MSFT

PLTR

TSLA

Meta Platforms Inc (META) is focusing on AI development and has revealed a new human-like AI model that can analyze and complete unfinished images with greater accuracy. Despite the AI advancements, the metaverse is still in the air. Meta is incorporating generative AI features into its consumer products, such as Instagram and Messenger, and plans to use AI technology to develop the metaverse.

Portfolio Pulse from Upwallstreet

June 15, 2023 | 6:06 pm

SONY

Sony Interactive Entertainment is testing cloud streaming for supported PS5 games, aiming to provide this feature as an additional benefit to PlayStation Plus Premium members. The feature will include PS5 titles from the PlayStation Plus Game Catalog and Game Trials, as well as supported digital PS5 titles owned by players.

Portfolio Pulse from Franca Quarneti

June 15, 2023 | 6:01 pm

CMCSA

ROKU

WMT

Walmart has combined NBCUniversal's premium inventory with targeting, omnichannel, and closed-loop measurement capabilities as part of its premium CTV bundle. The company is also expanding its partnership with Roku to include their premium inventory within the CTV offering, now available on the DSP.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 5:13 pm

CMCSA

ROKU

WMT

Walmart is partnering with NBCUniversal to test a first-to-market offering, making NBCUniversal's live sports streaming inventory available through Walmart's retail media network.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 5:12 pm

AMZN

Investors who bought $1,000 of Amazon (NASDAQ:AMZN) shares at its IPO in 1997 would have 13,334.4 shares today, worth $1,677,600.86. Amazon has grown through new product offerings, international expansion, and acquisitions.

Portfolio Pulse from Chris Katje

June 15, 2023 | 5:08 pm

XPEV

XPeng Inc's stock is trading higher by 9.42% after the company announced the launch of its assisted-driving technology in Beijing and three other cities. XPeng became the first company to roll out an advanced driver-assistance system (ADAS) in Beijing, winning approval for use on significant ring roads and expressways.

Portfolio Pulse from Henry Khederian

June 15, 2023 | 5:02 pm

ALDX

Aldeyra Therapeutics (NASDAQ:ALDX) reported positive topline results from the Phase 3 INVIGORATE-2 trial of 0.25% reproxalap ophthalmic solution for allergic conjunctivitis. The trial achieved statistical significance for the primary endpoint and all secondary endpoints. ALDX shares are up 11% at $11.60.

Portfolio Pulse from Vandana Singh

June 15, 2023 | 4:52 pm

AAPL

AMZN

DIS

FWONA

FWONK

NFLX

Netflix is reportedly preparing for its first live sports streaming event, featuring members from its Formula 1 and PGA Tour docuseries. The event follows years of rumors and Netflix's first-ever live comedy special. The streaming giant has previously bid on sports rights, including Formula One, tennis, and cycling events.

Portfolio Pulse from Chris Katje

June 15, 2023 | 4:38 pm

GM's CFO stated at the Deutsche Bank Conference that the company expects rapid revenue appreciation between now and 2025 with Cruise, focusing on perfecting the technology and then reducing costs for automated vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:33 pm

GM's CFO stated at the Deutsche Bank Conference that the company has one of the most sophisticated AI platforms with Cruise, which is in rapid deployment of AI for fully autonomous driving. They expect to grow revenue rapidly beyond $1B in 2025.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:31 pm