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Marketing

HAO

Haoxi Health Technology has signed an advertising placement service framework contract with Yiya Dental, committing to provide advertising services. Yiya Dental anticipates the total cooperation fees to be no less than $5.5 million.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:07 pm

COST

Costco Wholesale (NASDAQ:COST) is offering up to $2,000 incentives for Costco members on select EVs from Volvo, Polestar, Chevrolet, and Cadillac through its auto program. The offer, valid from May 1 to July 31, includes discounts on specific models, including the Polestar 2, Cadillac Lyriq, Chevrolet Blazer EV, and Chevrolet Equinox EV. This initiative marks the first time Costco's Auto Program has provided incentives for all four brands simultaneously, aiming to enhance the purchasing power of Costco members towards EVs.

Portfolio Pulse from Anan Ashraf

May 03, 2024 | 11:26 am

CSTL

Castle Biosciences announced that new data supporting the utility of its DecisionDx-SCC test for patients with high-risk cutaneous squamous cell carcinoma tumors on the head and neck will be shared at the 56th American College of MOHS Surgery meeting.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:13 am

AAPL

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook described China as the most competitive market following a decline in quarterly revenue to $90.75 billion, attributed to a 10.5% drop in iPhone sales. Despite the overall decline, iPhone sales in Mainland China grew, with the iPhone 15 and iPhone 15 Pro Max being the top-selling smartphones in Urban China. Cook remains optimistic about China's long-term prospects, highlighting the recent opening of a new store in Shanghai. Apple's Q2 earnings exceeded forecasts, leading to a $110 billion stock buyback program and a slight increase in its quarterly dividend, resulting in a 3.5% rise in its stock.

Portfolio Pulse from Ananya Gairola

May 03, 2024 | 2:48 am

TXRH

Texas Roadhouse has reaffirmed its outlook for 2024, projecting positive growth in comparable restaurant sales, which includes the benefits from menu pricing actions.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:41 pm

SXI

Standex expressed optimism about the long-term secular trends in its fast growth end markets, indicating a positive outlook for the company's future.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:05 pm

BRK.A

BRK.B

The Berkshire Hathaway Inc annual shareholders meeting on May 4 will publicly broadcast its secret movie for the first time, potentially as a tribute to the late Charlie Munger. The event in Omaha, Nebraska, known as "Woodstock for Capitalists," will feature the movie on CNBC and webcast, marking a departure from its traditional private viewing. This change is seen as a significant tribute to Munger, who passed away in November at 99.

Portfolio Pulse from Chris Katje

May 02, 2024 | 7:54 pm

SONY

Sony Group Corp. (NYSE:SONY) is set to enhance its PlayStation Plus lineup starting May 7 with four new titles: EA Sports FC 24, Ghostrunner 2, Tunic, and Destiny 2: Lightfall. These additions aim to provide members with a diverse range of gaming experiences, from football realism and cyberpunk adventures to isometric exploration and space-themed action. Additionally, an EA Sports FC 24 Ultimate Team Starter Pack will be available for members, offering exclusive in-game items.

Portfolio Pulse from Franca Quarneti

May 02, 2024 | 6:46 pm

HSY

Hershey Co. (NYSE:HSY) is set to report Q1 financial results with analysts expecting revenue of $3.11 billion and EPS of $2.76. Rising cocoa prices and competition from MrBeast's Feastables are key concerns. Hershey has a history of beating revenue estimates but faces challenges from higher commodity inflation and market share encroachment by Feastables. Hershey's stock has declined 30% over the last year.

Portfolio Pulse from Chris Katje

May 02, 2024 | 6:38 pm

HSY

Hershey is conducting a review of its US media roster, focusing on areas such as connections planning and integrated investment. The review aims to optimize its media strategy and partnerships.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 6:06 pm