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SIRI

President Joe Biden's intimate interview with Howard Stern on SiriusXM, facilitated by Hillary Clinton, showcases his personal side, including his past struggles and law school history. This appearance is part of Biden's recent efforts to engage with the public through various media platforms, contrasting with his 2024 election rival Donald Trump's approach. The interview aims to connect with voters on a personal level, similar to Stern's past interviews, including one with Hillary Clinton in 2019.

Portfolio Pulse from Chris Katje

May 02, 2024 | 4:50 pm

UMGNF

Universal Music Group NV (UMGNF) and TikTok have entered into a new licensing agreement, aiming to enhance benefits for Universal's artists, songwriters, and labels through TikTok's global platform. The partnership focuses on improved remuneration, promotional opportunities, and AI protections for Universal's music catalog. This strategic collaboration is designed to leverage TikTok's technology and e-commerce capabilities for monetization, while also addressing unauthorized AI-generated music.

Portfolio Pulse from Shivani Kumaresan

May 02, 2024 | 3:34 pm

SMTC

Semtech Corporation (NASDAQ:SMTC) and Console Connect announced a collaboration to expand Semtech's AirVantage Smart Connectivity service in the Asia-Pacific region. This partnership leverages Console Connect's IMSI service and roaming network to enhance Semtech's service coverage, offering global cellular network flexibility, overcoming regulatory and roaming restrictions. The collaboration aims to provide seamless and affordable roaming for Semtech customers, with access to over 600 partner networks in more than 190 countries, ensuring continuous global connectivity for IoT deployments.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 3:32 pm

EBAY

On CNBC, eBay CEO Jamie Iannone discussed the company's quarterly results and provided insights into the current state of the consumer, indicating the company's performance and market outlook.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:43 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

The Market Clubhouse Morning Memo for May 2nd, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, and META, based on a proprietary formula considering price, volume, and options flow. It outlines potential price targets for bulls and bears, emphasizing the importance of monitoring these stocks for breakouts or reversals. The memo also highlights key economic data releases and auctions that could impact market liquidity and mentions Apple's earnings release as a significant event for market dynamics.

Portfolio Pulse from RIPS

May 02, 2024 | 2:20 pm

AMZN

Amazon.com Inc. (NASDAQ:AMZN) is expected to significantly expand its advertising business, leveraging strategies similar to those used by Google and Meta, focusing on performance advertising on its homepage and Amazon Prime. This move is anticipated to create a highly profitable, large-scale business. Amazon's Q1 earnings report showed a 13% year-over-year increase in net sales to $143.3 billion, surpassing expectations. CEO Andy Jassy expressed optimism about the future growth of Amazon Web Services (AWS), noting its potential despite a large portion of global IT spend remaining on-premises. Amazon's stock closed at $175.0, down 3.29% from the previous close, but its Q1 GAAP EPS of $0.98 exceeded estimates.

Portfolio Pulse from Benzinga Neuro

May 02, 2024 | 1:59 pm

ACN

Accenture (NYSE:ACN) is set to acquire SOKO, a leading Brazilian creative agency, to enhance its creative and brand experience capabilities in Brazil. SOKO will join Droga5 São Paulo, part of Accenture Song, aiming to deepen the agency's influence in Brazil. The acquisition, terms of which were not disclosed, is subject to regulatory approvals. SOKO is recognized for its innovation, creativity, and impact in brand storytelling, and its integration into Droga5 São Paulo is expected to strengthen Accenture Song's market position.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:34 pm

CURI

Curiosity, Inc. (CURI) and Estrella MediaCo have announced a partnership to launch Spanish-language FAST channels on Samsung TV Plus. This collaboration aims to expand their content offerings and reach a broader Spanish-speaking audience. The move is expected to enhance viewer engagement and potentially increase advertising revenue for both companies.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:27 pm

OTLK

Outlook Therapeutics announced its participation in the upcoming Retina World Congress 2024, where it plans to present. This event is significant for the company as it provides an opportunity to showcase its latest research and developments in the field of ophthalmology.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:12 pm

FAT

SIX

FAT Brands Inc. is expanding its partnership with Six Flags by introducing Hurricane Grill & Wings to Six Flags Great Escape Lodge in Queensbury, New York. This marks the third FAT Brands' restaurant concept to enter Six Flags properties, following Fatburger and Johnny Rockets. The new location represents FAT Brands' commitment to growth in non-traditional venues and expands Hurricane Grill & Wings' presence in New York state.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:07 pm