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NFLX

TKO

Netflix Inc (NASDAQ: NFLX) is set to air a live comedy roast of Tom Brady, titled 'The Greatest Roast of All Time: Tom Brady,' on May 5, marking its first live roast event. This event is part of Netflix's broader strategy to expand into sports and live content, following the success of sports-adjacent docuseries and live specials. The company has also ventured into live sports specials, a live comedy special, and recently signed a deal with World Wrestling Entertainment, a unit of TKO Group Holdings (NYSE: TKO), to enhance its sports content library.

Portfolio Pulse from Chris Katje

April 24, 2024 | 6:24 pm

CGEM

Cullinan Therapeutics' stock price increased following the announcement that clinical data from its Phase 1 trial of CLN-619 for advanced solid tumors will be presented at the 2024 ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:22 pm

AIRE

reAlpha Tech Corp. (NASDAQ:AIRE) announced the launch of Claire, the first AI-powered, zero-commission Smart Buyer's Agent in real estate, following the NAR's decision to eliminate standard sales commissions. Claire offers a cost-free, AI-driven home buying process, available in select Florida counties, supported by reAlpha Realty's licensed agents. This innovation aims to revolutionize the home buying experience by making it more efficient and accessible.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 3:37 pm

AMZN

DIS

NKE

PARA

SSP

Caitlin Clark is set to sign a historic $28 million, eight-year shoe deal with Nike, Inc (NYSE:NKE), marking the largest shoe deal in women's basketball history. The deal, which includes a signature shoe line, significantly exceeds her WNBA salary with the Indiana Fever. The endorsement has sparked discussions on pay disparity in sports. Competing brands like Puma, Adidas, and Under Armour (NYSE:UA) also pursued Clark, with Under Armour offering a higher annual rate but for fewer years. The deal positions Clark among a select group of WNBA players with their own signature shoe and is expected to boost Nike's sales. Additionally, Clark's anticipated WNBA debut is set to increase viewership and national broadcast coverage for the Fever's games, potentially benefiting media partners including The Walt Disney Company (NYSE:DIS), E.W. Scripps Company (NASDAQ:SSP), Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA), and Amazon.com Inc (NASDAQ:AMZN).

Portfolio Pulse from Chris Katje

April 24, 2024 | 3:32 pm

AMD

NVDA

TSLA

VRT

Elon Musk's comments on the future of cars and AI have positively influenced the stock market, despite Tesla's worse-than-expected Q1 earnings. Musk's vision for Tesla includes developing low-priced cars, deploying a fleet of 1M robotaxis, and significantly increasing AI training capacity. This has also boosted sentiment for AI-related stocks like NVIDIA, AMD, and others. Additionally, Boeing and Vertiv Holdings reported well-received earnings, and there's strong data on durable orders. Early trade shows positive money flows in several major stocks and ETFs.

Portfolio Pulse from The Arora Report

April 24, 2024 | 3:27 pm

AMZN

GOOG

GOOGL

META

RUM

SNAP

VGK

TikTok has announced a voluntary suspension of its TikTok Lite's reward program in response to concerns raised by the European Union. The move is aimed at addressing regulatory issues and ensuring compliance with EU standards.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:52 pm

LAMR

Lamar Advertising Company (LAMR) has chosen Vistar Media's Cortex software to power its U.S. digital out-of-home (DOOH) billboard network, following a successful partnership in Denver. Lamar, with nearly 5,000 digital billboards offering over 5 billion weekly impressions, completed the Cortex deployment across its network in under six weeks without downtime. This move underscores Lamar's commitment to leveraging cutting-edge technology for impactful advertising and marks a significant expansion of its partnership with Vistar Media.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:22 pm

Foot Locker, Inc. (NYSE:FL) has introduced a new global store concept aimed at enhancing the shopping experience with a focus on sneaker culture. The concept debuted at Willowbrook Mall in Wayne, N.J., featuring a modern layout, advanced technology, and unique customer engagement strategies. This initiative is part of Foot Locker's Lace Up Plan to innovate retail and offer omni-focused customer experiences. The company plans to expand this concept globally, including a flagship in New York and locations in Paris, Melbourne, and Delhi.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:12 pm

MDJH

MDJM Ltd announced its subsidiary, Mansions Catering and Hotel, has partnered with sculpting artist Mingyuan Chen for collaboration. This move signifies MDJM's venture into combining hospitality services with art, potentially enhancing its brand value and customer experience.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:39 am