Streetbeat News

Products Services

TTWO

Take-Two Interactive shares rose following the announcement of 'Borderlands 4' set to launch in 2025.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:17 pm

WBD

Warner Bros. Discovery has announced a partnership with UNLV and Birtcher Development to establish a new studio in Nevada, committing to a minimum production spend of $8.5 billion.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:16 pm

NFLX

Netflix shares are trading higher due to a significant increase in upfront ad sales commitments and plans to launch an in-house ad tech platform. The company has secured ad commitments from various sectors and notable sponsors for its popular series.

Portfolio Pulse from Vaishali Prayag

August 20, 2024 | 7:07 pm

AMD

NVDA

AMD's acquisition of ZT Systems for $4.9 billion aims to enhance its AI systems capabilities and narrow the gap with Nvidia. Analysts have mixed reactions, with some seeing potential growth and others expressing caution about AMD's competitive position.

Portfolio Pulse from Surbhi Jain

August 20, 2024 | 6:51 pm

BA

Boeing shares are declining due to reports of structural cracks found in 777X test jets.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:45 pm

RDY

Dr. Reddy's Laboratories, Aurigene Pharmaceutical Services, and Kainomyx have signed a non-binding MoU to jointly develop an affordable anti-malarial drug. This partnership combines Kainomyx's drug discovery expertise, Aurigene's drug development capabilities, and Dr. Reddy's commercialization strength, aiming to address malaria in low- and middle-income countries, as well as the US and Europe.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:43 pm

BA

Boeing discovered structural cracks in its 777X test jets, leading to a 5% drop in its stock price. The company has grounded its test fleet to address the issue, impacting its delivery timeline.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:36 pm

SONY

SPOT

Spotify has reported a 395% increase in anime music streams since 2021 and has partnered with Crunchyroll to enhance its Anime hub. This collaboration aims to capitalize on the growing interest in anime music, with Crunchyroll providing curated playlists and a podcast. The anime industry is experiencing significant growth, both globally and in Japan.

Portfolio Pulse from Franca Quarneti

August 20, 2024 | 6:32 pm

TM

TSLA

Toyota plans to test a Tesla-style EV gigacasting machine at its Japan plant this year, with the Lexus LF-ZC EV launch in 2026. The machine will deliver 9,000 tonnes of clamping pressure.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:31 pm

DIS

Disney has cancelled the Star Wars series 'The Acolyte' after its first season due to poor audience ratings, despite strong initial viewership. The decision may be influenced by criticism of the show's content. Disney continues to expand the Star Wars universe with upcoming series and films.

Portfolio Pulse from Chris Katje

August 20, 2024 | 6:28 pm