Streetbeat News

Marketing

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for May 8th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential price movements for these assets, advising traders to monitor for breakouts or reversals. Additionally, the memo highlights key economic events and Federal Reserve officials' speeches that could impact market volatility. Market Clubhouse, led by pro trader RIPS, offers exclusive insights and real-time trading mentorship to its members.

Portfolio Pulse from RIPS

May 08, 2024 | 3:02 pm

REBN

Reborn Coffee Inc (NASDAQ:REBN) shares surged 141% to $4.18 after announcing a strategic expansion into the China market through a Master License Agreement with IAID Co. The partnership aims to introduce a novel coffee experience in Guangzhou, China, starting with a flagship location. This move is seen as a step towards establishing Reborn Coffee's presence in major Chinese cities like Shanghai and Shenzhen.

Portfolio Pulse from Henry Khederian

May 08, 2024 | 3:02 pm

WINA

Winmark Corporation has announced a multi-year partnership extension with Blake Bolden. This partnership aims to leverage Bolden's influence and expertise to enhance Winmark's brand presence and outreach.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:04 pm

DKS

DICK'S Sporting Goods (NYSE:DKS) has entered into multi-year partnerships with the Boston Celtics and Red Sox, becoming their Official Sporting Goods Retail Partner. This move, coinciding with the opening of DICK'S House of Sport in Prudential Center, aims to deepen its ties with the Boston community through an innovative retail experience.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:12 pm

SYTA

Siyata Mobile Inc. announced a public offering of $4M in common shares and/or pre-funded warrants at $1.30 per share. The proceeds are intended for working capital, general corporate purposes, marketing, and potential future acquisitions. CEO Marc Seelenfreund highlighted the company's traction in US sales and its goal to lead the Push-to-Talk over Cellular market. Spartan Capital Securities, LLC is the sole placement agent for the offering, expected to close on May 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:08 pm

BOOT

Spruce Point Capital Management issued a critical report on Boot Barn Holdings, Inc. (NYSE:BOOT), highlighting concerns about the CEO's background, the company's omnichannel marketing, ecommerce, customer growth, and new store unit economics. The report questions the portrayal of new stores and the impact of cultural phenomena on sales, identifies financial restatements in associated companies, and predicts a 40% to 50% long-term downside risk to BOOT's share price.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:02 pm

COEP

Coeptis Therapeutics announced it will present its universal allogeneic SNAP-CAR NK cell therapy at the International Society for Cell & Gene Therapy (ISCT) 2024 conference, scheduled from May 28 to June 1.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:56 pm

REBN

Reborn Coffee's stock is trading higher following the announcement of its expansion into the China market via a strategic Master License Agreement with IAID Co.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:55 pm

REBN

Reborn Coffee Inc. (NASDAQ:REBN) has announced a major expansion into the China market through a Master License Agreement with IAID Co., Ltd. This partnership aims to introduce Reborn Coffee's specialty coffee in China, starting with a flagship location in Guangzhou. The venture plans future expansions in major cities and aims to revolutionize coffee culture in the Guangdong Province.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:41 pm

UBER

Uber's CEO announced that the company will start offering exclusive events and experiences to its paid members, aiming to enhance the value of its membership program.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:24 pm