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HYMTF

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), boasted about the rapid development of Tesla's humanoid robot project, Optimus, claiming it matched and surpassed the achievements of Boston Dynamics in a shorter time frame. Tesla's Optimus, introduced two years ago, has seen significant advancements with its latest Gen 2 version featuring increased walking speed, weight reduction, and improved dexterity. Boston Dynamics, acquired by Hyundai Motor Group (OTC:HYMTF) in 2021, has its own humanoid robot, Atlas, which was first revealed in 2013.

Portfolio Pulse from Anan Ashraf

January 17, 2024 | 10:49 am

RENT

Piper Sandler analyst Edward Yruma has downgraded Rent the Runway (NASDAQ:RENT) from Overweight to Neutral and reduced the price target from $2 to $0.75.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:40 am

MS

JP Morgan analyst Kian Abouhossein downgraded Morgan Stanley (NYSE:MS) from Overweight to Neutral and reduced the price target from $94 to $87.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:33 am

VC

UBS analyst Joseph Spak has upgraded Visteon (NASDAQ:VC) from Neutral to Buy and increased the price target from $143 to $145.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:30 am

HLT

Hilton Worldwide Holdings Inc (NYSE:HLT) has introduced 'Hilton for Business,' a program designed for small- and medium-sized businesses to manage travel with ease, offering rewards and discounts. The program provides discounted rates, milestone bonuses, and a streamlined enrollment process. Hilton's data shows that 75% of such businesses handle travel in-house. HLT shares saw a slight increase of 0.13% to close at $182.39 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

January 17, 2024 | 10:30 am

RVLV

Piper Sandler analyst Edward Yruma has upgraded Revolve Group (RVLV) from Neutral to Overweight and increased the price target from $16 to $21.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:29 am

BURL

Piper Sandler analyst Edward Yruma has upgraded Burlington Stores (NYSE:BURL) from Neutral to Overweight and increased the price target from $155 to $240, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:27 am

AAPL

Apple Inc. (NASDAQ:AAPL) is set to release its first-generation mixed reality headset, the Apple Vision Pro, on February 2. The device will feature exclusive, immersive originals produced with Apple Immersive Video, including content from Jon Favreau and Alicia Keys, available on the Apple TV app at no extra cost. The Vision Pro offers 180-degree 3D 8K footage with Spatial Audio, aiming to provide a truly immersive experience. Despite concerns over its high price and design, the exclusive content could be a key selling point. The headset will compete with Meta Platform's Quest lineup in the virtual reality market.

Portfolio Pulse from Ananya Gairola

January 17, 2024 | 10:27 am

TWST

Goldman Sachs analyst Matthew Sykes has upgraded Twist Bioscience (TWST) from Neutral to Buy and increased the price target from $25 to $45.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:25 am

VGK

The Eurozone Core Consumer Price Index (CPI) year-over-year for December remained at 3.4%, which was in line with estimates and slightly lower than the previous value of 3.6%.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:11 am