Happy Friday Zingers! I remember the first time I got my hands on an iPod Video when I was about 10 years old. I thought nothing could ever top that amazing piece of technology.

Then, a few years later, Trident put a juicy layer in between pieces of gum, and my world was changed once again. Now both products are discontinued, but feats of technological advancement carry on. OpenAI just announced Sora, a new text-to-video AI product. It instantly creates stunning, high-definition videos based on user prompts. And if you haven’t seen examples yet… you should go check them out.

Before we dive in, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.

Also, need context for the US options market? Today's partner makes it available in a simple and intuitive web-based API.

MARKET SNAPSHOT

Yesterday: What a great day to be a value investor. The Dow led the way, driven by strength in the energy and financial sectors.

On Our Radar: PPI day! The market tanked on Tuesday after a hotter-than-expected CPI. Bulls hope that PPI doesn’t follow suit. We’ll also get consumer sentiment and hear from some Fed officials.

TOP STORY

Apple Takes Aim At Microsoft

Briefly: Apple announced new plans for a product that will compete directly with Microsoft’s Copilot. The program uses AI to predict and write new code blocks.

So Basically: Bloomberg’s report indicated that Apple has been working on the tool for a year. It will be included in Apple’s next version of its programming software Xcode.

So Then: Apple is reportedly testing the new features internally and ramping up development. The company plans to release the new tool for third-party software developers as soon as this year.

So What: The new AI tool is expected to operate similarly to Microsoft’s GitHub Copilot. Both programs help make software development easier, which saves both time and money.

Click here to keep reading.

PRESENTED BY CBOE

FIVE ZINGERS

Cathie’s Coin: Yesterday was a big afternoon for Cathie’s purse, as well as her $COIN. Coinbase, one of ARK’s biggest holdings, reported strong earnings after the close, sending the stock higher.

Full Steam Ahead: Anything and everything related to semiconductors or AI is showing zero signs of slowing down. Check out what $AMAT did after the close.

Puff Of Smoke: Marc Chaikin, founder of Chaikin Analytics, said that one rally is a puff of smoke, and one is legit. Click here to find out which is which.

Call The Top: Downtown Josh Brown is starting to get wary of names like NVIDIA, and went as far as to call a top for the year.

Dash Not-So Incredible: $DASH reported earnings after the close yesterday, and the numbers weren't incredible. Here’s what’s going on.

ONE FOR THE ROAD

The Trade Desk Stock Climbs After Mixed Q4 Results, Expanded Share Repurchase

Briefly: The Trade Desk, Inc. shares raced higher after the company reported its fourth-quarter financial results Thursday. Here are the highlights.

So Basically: The Trade Desk reported quarterly earnings of 41 cents per share which missed the analyst consensus estimate of 43 cents by 4.65%.

So Then: The company reported quarterly sales of $605.8 million, beating the analyst consensus estimate of $582.17 million by 4.06%. This represents a 23.45% increase from sales of $490.74 million at the same period last year.

What’s Next: The Trade Desk also announced that its board of directors approved an additional $647 million under its share repurchase program.

Click here to keep reading.

PRESENTED BY CBOE