Streetbeat News

Stock Prices

AAPL

Apple has introduced a new feature called 'Smart Script' for iPadOS 18, aimed at improving handwriting recognition on iPads. This development is expected to enhance user experience and potentially drive higher sales of iPads.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:50 pm

EIS

INTC

Intel Global has announced the halt of construction for its new factory in Kiryat Gat, Israel. This decision could have significant implications for the company's operations and future growth plans.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:48 pm

ANF

Deep-pocketed investors have shown unusual bearish options activity towards Abercrombie & Fitch (NYSE:ANF), with significant trades in both puts and calls. The options activity suggests a potential price range of $100 to $250. Analysts have mixed ratings, with a consensus target price of $178.4.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 5:45 pm

APO

BRK

PARA

RSP

SONY

XLC

National Amusements, the controlling company of Paramount Global (NASDAQ:PARA), has attracted bids from Edgar Bronfman Jr. and Steven Paul. Shari Redstone is negotiating a potential sale to Skydance Media. Paramount stock is trading lower, and the company faces challenges with its traditional TV business and streaming service. Berkshire Hathaway (NYSE:BRK) sold its stake in Paramount, and previous reports suggested interest from Sony Group Corp (NYSE:SONY) and Apollo Global Management Inc (NYSE:APO). Investors can gain exposure to Paramount via ETFs like The Communication Services Select Sector SPDR Fund (NYSE:XLC) and Invesco S&P 500 Equal Weight ETF (NYSE:RSP).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 5:45 pm

AAPL

Apple has announced updates to its Health app, focusing on pregnancy data. This enhancement aims to provide better health tracking for expectant mothers.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:40 pm

MSFT

Microsoft's Phil Spencer has hinted at the development of an Xbox handheld device, emphasizing local gameplay and seamless integration with the Xbox ecosystem. This suggests a potential new product in the Xbox hardware lineup.

Portfolio Pulse from Franca Quarneti

June 10, 2024 | 5:40 pm

AAPL

Apple has introduced a new 'Vitals' app in its WatchOS 11, aimed at providing users with advanced health monitoring features.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:39 pm

META

VOX

XLC

Meta Platforms Inc. (NASDAQ:META) plans to use public social media content from Europe to train its AI models, aligning its data usage policies with other regions. This decision follows previous hesitations due to EU privacy regulations. Advocacy group NYOB has filed complaints against Meta's notifications, arguing they don't meet EU standards. Meta's stock has gained 84% in the last 12 months. Investors can gain exposure via Vanguard Communication Services ETF (NYSE:VOX) and Communication Services Select Sector SPDR Fund (NYSE:XLC).

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 5:37 pm

AAPL

Apple has announced updates to its WatchOS, introducing new features and improvements aimed at enhancing user experience. These updates are expected to drive further engagement and sales of Apple Watch devices.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:36 pm

HOOD

KKR

LMND

PYPL

SOFI

TOST

USB

WFC

The article highlights significant options activity for several financial stocks, indicating potential trading opportunities. Notable mentions include bearish call options for HOOD, PYPL, C, and SQ, and bullish call options for KKR, SOFI, and TOST. Additionally, USB and WFC saw bullish put options, while LMND had a neutral call option.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 5:35 pm