Streetbeat News

Marketing

PEP

PepsiCo has entered into a multi-year partnership with football star Jack Grealish, making him a global brand ambassador. Eric Melis, VP of Global Brand Marketing at PepsiCo, highlighted Grealish's worldwide recognition for his football skills and his fit with Pepsi's brand ethos of celebrating enjoyment in the game.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 9:03 am

CMG

Jim Cramer praised Chipotle Mexican Grill Inc. (NYSE:CMG) for its successful 'self-help' strategy, which has allowed the company to thrive despite economic slowdowns. Cramer highlighted Chipotle's ability to improve service speed and expand operations, leading to a surge in sales and foot traffic. The company's recent quarterly earnings exceeded Wall Street's expectations, with a 14.1% increase in revenue and a 7% increase in comparable restaurant sales year-over-year. Chipotle's stock price rose by more than 6% following the earnings release.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 8:15 am

ABNB

AMD

AMZN

ASML

GOOG

META

NVDA

Nationwide pro-Palestine protests at U.S. universities have led to hundreds of arrests, with students demanding divestment from companies benefiting from Israel's actions in Gaza and the West Bank. Companies like Alphabet (GOOG), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), ASML Holding (ASML), Boeing (BA), Amazon.com (AMZN), and Airbnb (ABNB) are mentioned in relation to these divestment calls. The protests aim to pressure Israel into a cease-fire and have sparked significant controversy and media attention.

Portfolio Pulse from Natan Ponieman

April 25, 2024 | 9:12 pm

ISPR

At the Benzinga Cannabis Capital Conference, industry leaders discussed the potential for global market expansion in the cannabis sector, highlighting the challenges and opportunities. Dr. Chanda Macias emphasized the importance of community and international scaling for women entrepreneurs, while Luna Stower of Ispire Vape Technology (NASDAQ:ISPR) discussed overcoming American biases and the significance of their Nasdaq listing. Heather Molloy spoke on the difficulties of raising capital for women in the cannabis industry and the potential for leveraging high-quality terpenes in international markets.

Portfolio Pulse from Rolando García

April 25, 2024 | 8:06 pm

BTCUSD

Cryptocurrency trader Tim advocates for a bullish outlook on Bitcoin, emphasizing its significant rally from $16,000 to $70,000 over 14 months and a healthy consolidation phase. He introduces the ZPP approach: 'zoom out, perspective, patience,' for navigating current market conditions. Tim highlights the growing interest in cryptocurrencies, evidenced by the rise of ETFs and ETNs, and data showing a strong holder base. The market sentiment, according to the Fear and Greed Index, is neutral, contradicting the bearish sentiment on social media.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 7:43 pm

DOGEUSD

SHIBUSD

Pseudonymous crypto influencer 'Reflection' shared techniques for identifying low-cap altcoins poised for significant growth, emphasizing market cycles, investor emotions, and the 'I'm done' pattern. He advises buying during low enthusiasm phases and focusing on coins with strong fundamentals and potential for price surges. Reflection's insights highlight opportunities in the crypto market's inefficiencies, particularly in altcoins like Dogecoin, Shiba Inu, and Dogwifhat, which meet his criteria for potential growth.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 6:51 pm

AMZN

DIS

GOOG

The NBA is in negotiations for new media deals, aiming for higher payments for broadcasting fewer games. Current discussions involve ESPN and TNT for traditional broadcasting rights, while potential streaming packages are being explored with Amazon and YouTube. This strategic move could reshape the sports broadcasting landscape, impacting the financial dynamics for involved companies.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:44 pm

PLTR

Palantir Technologies Inc. is leveraging a unique 'rock concert' style boot camp approach to boost its commercial sales, significantly benefiting from the AI boom. These events, blending hackathons, conferences, and parties, have been instrumental in attracting new customers without a traditional sales team. CEO Alex Karp's strategy focuses on showcasing the company's AI Platform (AIP) product, with plans to increase the number of boot camps in 2024. This approach has contributed to a notable increase in U.S. commercial sales, with expectations for commercial revenue to surpass government revenue next year. Palantir's stock has seen a 24% increase since the beginning of the year, despite a slight drop in its latest trading session.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 5:15 pm

SOLUSD

Eddy Lazzarin, CTO of a16zcrypto, criticized meme coins on X, arguing they distort public perception of crypto's potential, likening it to a risky casino. The debate highlights concerns over adoption, regulatory actions, and developer behavior. Mike Dudas and Jesse Walden offered counterpoints, discussing meme coins' popularity and comparing their impact to deceptive projects. The discussion reflects broader industry challenges and the search for balance between innovation and investor protection.

Portfolio Pulse from Murtuza Merchant

April 25, 2024 | 5:15 pm

WBD

Warner Bros. Discovery (WBD) has launched Olli, a proprietary first-party data platform designed to enhance advertising solutions by integrating data, audience intelligence, and ad tech for seamless campaign planning across its content portfolio. Olli powers WBD's Data-Driven Video offering, enabling precise audience targeting across linear and digital platforms, with early partnerships including OMG, RPA, and Wayfair. The platform aims to optimize media strategies, leveraging partnerships with Snowflake for data security and planned integrations with measurement firms like ABCS Insights and LoopMe.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:11 pm