Streetbeat News

Regulatory

GOOG

The Department of Justice (DOJ) is considering requiring Google to sell its Chrome browser as a remedy for antitrust violations. This follows a federal judge's ruling that Google maintained a monopoly on search.

Portfolio Pulse from

November 19, 2024 | 12:00 am

LYFT

UBER

Mark Mahaney from Evercore ISI discusses the potential impact of self-driving deregulation under a Trump administration on companies like Uber and Lyft.

Portfolio Pulse from

November 19, 2024 | 12:00 am

NVDA

The stock market is experiencing mixed movements on Monday, with a focus on NVIDIA's forecast. The post-election environment is characterized by reduced regulations, potentially leading to higher valuations.

Portfolio Pulse from

November 19, 2024 | 12:00 am

GOOG

The Department of Justice (DOJ) is reportedly planning to ask a judge to force Google to sell off its Chrome browser following a ruling on illegal monopoly practices. The DOJ will also request measures concerning Google's artificial intelligence and Android smartphone operating system.

Portfolio Pulse from

November 18, 2024 | 11:45 pm

INTC

Intel's shares have risen 28% since a Buy recommendation, yet remain undervalued. Q3 revenues beat expectations, driven by Data Center & AI growth, despite sluggish PC sales. A $10 billion cost-saving plan is on track, but CHIPS Act grant delays and new administration pose risks.

Portfolio Pulse from

November 18, 2024 | 11:45 pm

SMCI

Super Micro Computer (SMCI) shares surged after the company appointed a new auditor and submitted a compliance plan to prevent delisting by Nasdaq.

Portfolio Pulse from

November 18, 2024 | 11:30 pm

AILE

iLearningEngines (AILE) shares plummeted over 30% after the company placed its CFO on leave, its auditor withdrew prior opinions, and the SEC issued a subpoena for documents.

Portfolio Pulse from

November 18, 2024 | 11:00 pm

MSFT

ServiceTitan, in its IPO S-1 prospectus, has identified large language models (LLMs) from Microsoft and OpenAI as risk factors. This highlights potential challenges or uncertainties related to these technologies that could impact the company's stock performance.

Portfolio Pulse from

November 18, 2024 | 11:00 pm

TSLA

RBC Capital Markets Global Autos Analyst, Tom Narayan, suggests that Tesla's market capitalization is more justified by its self-driving technology than by its car sales. He discusses potential tailwinds for Tesla, including possible deregulation.

Portfolio Pulse from

November 18, 2024 | 10:45 pm