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FUTU

Futu's Moomoo app has reached one million downloads in Japan since its launch. The app, which began offering U.S. stock trading in September 2023 and Japanese stock trading in March 2024, is operated by Moomoo Securities Japan Co., Ltd., a wholly-owned subsidiary of Futu. This subsidiary is licensed and a member of key financial and securities associations in Japan.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 7:25 am

CMCSA

DIS

Disney is enhancing its streaming service by adding an ESPN tile to Disney+ for U.S. subscribers, aiming to include select live games and studio programming by end of 2024. CEO Bob Iger also announced a shift in Marvel's content strategy to focus on quality over quantity, reducing the number of TV series and films produced annually. Additionally, Iger expressed confidence in securing a long-term NBA rights deal for ESPN. These strategic moves come as Disney's direct-to-consumer segment reaches profitability, despite moderating growth in its parks segment. Disney is also in negotiations with Comcast Corporation over Hulu's valuation.

Portfolio Pulse from Kaustubh Bagalkote

May 08, 2024 | 3:18 am

PENN

PENN Entertainment (NASDAQ:PENN) shares rose after announcing a multiyear partnership making ESPN Bet the Official Sports Betting Sponsor of the PGA Championship through 2026. This marks a significant milestone as the first men's golf major with an official sports betting sponsor, leveraging PENN's technology and ESPN's brand to enhance fan engagement. The partnership is expected to positively impact PENN's positioning in the sports betting market.

Portfolio Pulse from vaishaliprayag@benzinga.com

May 07, 2024 | 9:08 pm

IRBT

iRobot Corp. (NASDAQ:IRBT) has appointed Gary Cohen as its new CEO, effective immediately. Cohen brings over 25 years of executive leadership and experience in turning around companies. He aims to lead iRobot towards profitability following its recent operational restructuring. Cohen's background includes significant roles at Gillette, Timex, Energizer, and Qualitor Automotive, where he has successfully driven growth and operational efficiencies. His appointment is part of iRobot's strategy to re-orient its business towards innovation, product and commercial strategies, and operational excellence.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:51 pm

STAA

STAAR Surgical Company (NASDAQ:STAA) has entered into a strategic agreement with IQ Laser Vision, marking a significant commitment to the EVO ICL product in the U.S. This partnership aims to make EVO ICL lenses a primary option for surgical vision correction, intending to nearly double the volume of EVO ICLs within the next 12 months. The collaboration will include marketing, education, and clinical support to increase awareness and availability of EVO ICL across IQ Laser Vision's practices. STAAR Surgical's CEO, Tom Frinzi, highlighted the agreement as a milestone in the U.S. Highway 93 go-to-market program and a step towards establishing lens-based procedures as the future of refractive vision correction.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:42 pm

AMZN

META

TSLA

YouTuber MrBeast is giving away 26 Tesla vehicles, including a Cybertruck, to celebrate his 26th birthday. The giveaway is hosted on Instagram, owned by Meta Platforms. The contest is open in multiple countries and offers cash alternatives for the prizes. MrBeast's growing influence is highlighted by his upcoming game show on Amazon's Prime Video, showcasing his significant viewership growth on YouTube over the years.

Portfolio Pulse from Chris Katje

May 07, 2024 | 8:32 pm

BROS

OLO

Dutch Bros (NYSE:BROS) has partnered with Olo (NYSE:OLO), a leading restaurant technology provider, to implement Olo's Order and Pay products at all 850 Dutch Bros locations. This partnership aims to enhance operational efficiency and improve the customer experience by enabling seamless mobile ordering and payment. The rollout, expected to be completed by the end of 2024, will integrate with Dutch Bros' mobile app and rewards program, offering payment options like Google Pay and Apple Pay.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:05 pm

DIS

PENN

PGA of America has entered into a sports betting partnership with Penn Entertainment, making ESPN Bet the 'Official Sports Betting Sponsor' of the PGA Championship through 2026. This partnership marks a significant collaboration between a major sports organization and a betting company, aiming to enhance the golfing experience with integrated betting opportunities.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 6:05 pm

DOGEUSD

PEPEUSD

SHIBUSD

Crypto trader Intuitio highlighted Dogecoin (DOGE) as the original meme coin with potential for a significant pump and as a 'billboard' for other meme coins like Pepe (PEPE) and Dogwifhat (WIF), while dismissing Shiba Inu (SHIB) as 'absolute crap'. Intuitio's views suggest a shift in the meme coin market, favoring PEPE and WIF for their organic growth and 'pure' meme status, contrasting with the performance of SHIB. The discussion reflects the volatile and speculative nature of meme coins in the cryptocurrency market.

Portfolio Pulse from Khyathi Dalal

May 07, 2024 | 6:02 pm

WBD

A new docuseries titled 'Taylor Swift vs. Scooter Braun: Bad Blood,' focusing on the feud between Taylor Swift and Scooter Braun over music rights, is set to stream on Discovery+ in the UK and Ireland. Produced by Warner Bros. Discovery (NASDAQ:WBD), the series will explore both sides of the dispute, including the sale of Swift's first six albums to Braun and the ensuing public feud. The series is part of the 'vs' series and could attract significant interest from Swift's global fanbase.

Portfolio Pulse from Chris Katje

May 07, 2024 | 4:33 pm