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AAPL

AMZN

NFLX

Netflix is selectively entering the live sports market, focusing on high-impact events like the Jake Paul–Mike Tyson fight and NFL Christmas Day game. This strategy complements its core scripted and unscripted content, aiming to enhance engagement without competing directly with traditional sports broadcasters.

Portfolio Pulse from Kaustubh Bagalkote

October 18, 2024 | 2:31 am

NFLX

SPOT

Jane Technologies, led by CEO Socrates Rosenfeld, is revolutionizing cannabis shopping with a personalized experience akin to Spotify. The company has expanded from e-commerce to include POS systems, self-service kiosks, and a consumer rewards program, Jane Gold. This approach benefits consumers, retailers, and brands by offering personalized recommendations and valuable consumer data.

Portfolio Pulse from Nicolás Jose Rodriguez

October 18, 2024 | 2:00 am

ALL

PGR

TRV

Allstate Corp reported $630 million in losses from Hurricane Helene, contributing to a total of $889 million in catastrophe losses for September 2024. Other insurers like Progressive and Travelers also reported significant losses. Moody's RMS estimates total insured losses from recent hurricanes to be between $35 billion and $55 billion.

Portfolio Pulse from Erica Kollmann

October 17, 2024 | 10:29 pm

ANY

Sphere 3D is optimistic about the Bitcoin market and is focused on executing its strategic plan through Q4 and into 2025. The company is transitioning to a facility with competitive power costs and reliable uptime, which positions it for profitability and growth.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:46 pm

ANY

Sphere 3D reported a significant decrease in Bitcoin mining production for September 2024, mining only 9.2 Bitcoins compared to 63.6 the previous year. This decrease is due to a strategic shift towards lower-cost hosting sites, which has improved the company's balance sheet. Sphere 3D is also upgrading its mining fleet with higher-efficiency machines.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:44 pm

WAL

Western Alliance (NYSE:WAL) reported Q3 earnings per share of $1.80, missing the consensus estimate of $1.89, and marking an 8.63% decrease from last year. However, sales of $823.10M beat the estimate of $808.19M, showing a 14.93% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:43 pm

EAT

Brinker International (NYSE:EAT) has outperformed the market over the past 5 years with an annualized return of 16.28%, resulting in a $100 investment growing to $217.01. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 9:31 pm

UBER

Uber Technologies (NYSE:UBER) has significantly outperformed the market over the past 5 years, with an annualized return of 19.69%. A $1000 investment in UBER 5 years ago would now be worth $2,543.78, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 9:31 pm

HBCP

Home Bancorp reported Q3 earnings per share of $1.18, surpassing the analyst estimate of $0.99, despite a slight decrease from last year's $1.22. Sales also exceeded expectations at $30.38 million, up from $29.51 million last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:07 pm

AAPL

GOOGL

Google's deal to be the default search engine on Apple iPhones is likely to be banned due to antitrust concerns. This could impact Apple's revenue significantly, but a final ruling may take years. Google plans to appeal.

Portfolio Pulse from Erica Kollmann

October 17, 2024 | 9:06 pm