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AMZN

Twitch, owned by Amazon (NASDAQ:AMZN), has revised its branding policy, now prohibiting the promotion of marijuana businesses and products. The platform has retracted its ad guideline changes after facing criticism but maintains the ban on cannabis promotion. Twitch allows streamers to promote alcoholic beverages, labeling them as 'mature content'.

Portfolio Pulse from Franca Quarneti

June 10, 2023 | 9:21 pm

AAPL

FRPT

FSR

TAP

TSLA

Barron's weekend stock picks include Molson Coors, Tesla, and Apple's position in the AI space. Molson Coors gains from Bud Light's controversial partnership could be sustainable. JANA Partners wins proxy battle with Freshpet. Tesla's partnership with Ford and GM for EV charging is misinterpreted as negative for ChargePoint and EVgo. Fisker enters China despite intense competition, and Apple's AI strategy remains unclear.

Portfolio Pulse from Justin Chan

June 10, 2023 | 8:52 pm

MSFT

NTDOY

SONY

Circana's Games Market Dynamics report shows a slowdown in video game subscription spending growth, with only a 2% increase in April 2023 compared to 2022. Major players like Sony's PlayStation Plus and Microsoft's Game Pass are struggling to attract new subscribers beyond the existing console ownership base.

Portfolio Pulse from Franca Quarneti

June 10, 2023 | 5:03 pm

LYV

Taylor Swift fans have created their own ticket exchange, @ErasTourResell, to help fellow fans avoid high ticket prices on reseller platforms like StubHub. The volunteer effort has helped over 3,000 people get tickets to Swift's concerts at face value. This comes amid criticism of Ticketmaster, owned by Live Nation Entertainment, for its high fees and catering to resellers.

Portfolio Pulse from Chris Katje

June 10, 2023 | 4:02 pm

META

Meta Platforms Inc. CEO Mark Zuckerberg discussed the importance of embracing embarrassment for personal and professional growth during a podcast interview. He related this philosophy to his practice of Jiu-Jitsu and how it applies to Meta's ambitious initiatives, focusing on rapid product releases and prioritizing feedback over perfection.

Portfolio Pulse from Ananya Gairola

June 10, 2023 | 4:00 pm

META

Mark Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ:META), praised Elon Musk's Twitter for its Community Notes feature, which promotes transparency and collaborative context-sharing to combat misleading information. Zuckerberg emphasized the importance of focusing on harmful content and acknowledged Twitter's effectiveness in handling such issues compared to Instagram.

Portfolio Pulse from Ananya Gairola

June 10, 2023 | 3:09 pm

AMOM

COIN

TSLA

The S&P 500 closed near the 4,300 benchmark for the first time since August 2022, reflecting investor anticipation of inflation data and the Federal Reserve's rate decision. QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM) sold Nvidia (NVDA) shares and opened a position in Amazon (AMZN). Tesla (TSLA) could generate $3 billion in charging revenue from non-Tesla owners by 2030. Jack Dorsey called Ethereum (ETH) a security, and the SEC filed a lawsuit against Coinbase (COIN) for acting as an unregistered broker.

Portfolio Pulse from Michael Cohen

June 10, 2023 | 2:26 pm

RIVN

Rivian Automotive (RIVN) will hold a same-day sales event for its R1T electric truck on June 17 at its service center in Normal, Illinois. Customers can view and compare different configurations and potentially take one home the same day. The event aims to boost sales and showcase the R1T's features.

Portfolio Pulse from Anan Ashraf

June 10, 2023 | 7:05 am

FSR

Fisker Inc plans to start delivering Fisker Ocean SUVs in China by Q1 2024, targeting the growing premium and affordable luxury EV segment. The company is set to deliver its first vehicle in the U.S. on June 23 and sees China as an important growth market.

Portfolio Pulse from Anan Ashraf

June 10, 2023 | 5:53 am

RIVN

Rivian Automotive (NASDAQ:RIVN) is closer to powering its vehicles with wind energy, as the final components for its on-site wind turbine arrived at its manufacturing plant in Normal, Illinois. The turbine, developed in partnership with Apex Clean Energy, is expected to generate about 10 million kWh of electricity annually and help Rivian reach net-zero carbon emissions by 2040.

Portfolio Pulse from Anan Ashraf

June 10, 2023 | 4:31 am