Streetbeat News

Marketing

UAL

United Airlines projects over 3M passengers to fly between May 23-28, marking a 5% increase, and anticipates its busiest summer ever with a 5% rise in customers for June, July, and August.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:06 pm

GOOG

GOOGL

Google is intensifying its AI sales initiatives to encourage more businesses to purchase their AI solutions. This move indicates Google's commitment to expanding its footprint in the lucrative AI market.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:05 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 7th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula. It outlines potential bullish and bearish price levels for these assets, influenced by price, volume, and options flow. The memo also highlights the day's economic events and an Apple event that could impact market sentiment and stock prices.

Portfolio Pulse from RIPS

May 07, 2024 | 2:17 pm

IAC

MSFT

Dotdash Meredith (DDM), America's largest digital and print publisher, has entered into a strategic partnership and licensing agreement with OpenAI to enhance ChatGPT with content from DDM's 40+ media brands, including PEOPLE and Better Homes & Gardens. This collaboration will also involve the development of new AI products and the enhancement of DDM's cookieless ad targeting solution, D/Cipher, with AI capabilities. The partnership aims to provide ChatGPT users with trusted content and improve ad performance for advertisers by leveraging OpenAI's technology.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:24 pm

RSI

Infront has announced a partnership with Rush Street Interactive (RSI) to expand its betting operations in North America. This strategic collaboration aims to leverage Infront's expertise in sports marketing and RSI's established online gaming and betting platform to capture a larger share of the growing North American betting market.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:06 pm

DIS

Disney's CEO announced during a conference call that the company will begin a crackdown on Disney+ password sharing starting next month. This move is aimed at reducing unauthorized access and potentially increasing subscriber numbers by converting shared users into paying customers.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:03 pm

DIS

Disney announced during a conference call that an ESPN+ button will be added to the Disney+ streaming service, indicating a closer integration of its sports streaming service with its main entertainment platform.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:58 pm

NBY

NovaBay Pharmaceuticals, Inc. (NYSE:NBY) reports a record increase in ordered product sales of Avenova-branded products on Amazon.com for April 2024, with a more than 20% increase compared to April 2023. This marks consecutive record sales months for the company, attributed to its focused eyecare product line and enhanced marketing efforts. The U.S. dry eye disease treatment market, where Avenova is positioned, is projected to reach nearly $5 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:19 pm

AMZN

VCR

XLY

Amazon.com Inc (NASDAQ:AMZN) has launched its online shopping service, Amazon.co.za, in South Africa, offering a wide range of local and international brands across 20 product categories. The service features same-day and next-day delivery options, free shipping on initial orders and orders above 500 rand, and hassle-free returns. This move is part of Amazon's strategy to tap into the growing online shopping market in South Africa, a key entry point into the African market. Amazon stock has seen significant growth, and exposure to AMZN can be gained through ETFs like the Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) and the Vanguard Consumer Discretionary ETF (NYSE:VCR).

Portfolio Pulse from Shivani Kumaresan

May 07, 2024 | 12:14 pm

ARDX

Ardelyx, Inc. (NASDAQ:ARDX) announced it will present additional data on IBSRELA (tenapanor) for treating irritable bowel syndrome with constipation (IBS-C) at the 2024 Digestive Disease Week Conference. The data includes posthoc analyses from Phase 3 studies and a product theater discussing IBSRELA's mechanism and clinical trial efficacy and safety data.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 12:13 pm