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Marketing

AMZN

Amazon.com Inc's 'Fallout' TV series has attracted 65 million viewers in 16 days, making it the second most-watched show on Amazon after 'The Lord of the Rings: The Rings of Power'. The series, particularly popular among adults aged 18-34, has been renewed for a second season. Its success has also boosted interest in the Fallout video game franchise, with Fallout 76 seeing 1 million players in a day, despite Fallout 4's next-gen upgrade facing technical issues.

Portfolio Pulse from Franca Quarneti

April 30, 2024 | 11:08 pm

ROKU

Roku has introduced new video experiences, advertising solutions, and content partnerships, aiming to enhance user engagement and offer more targeted advertising options. These developments are designed to improve the platform's attractiveness to both users and advertisers, potentially increasing Roku's revenue streams and market share in the streaming industry.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:46 pm

TM

Toyota Motor North America (TMNA) announced leadership changes with Jack Hollis and Chris Reynolds taking on new roles to drive growth, vehicle electrification, and future mobility innovations. Hollis becomes COO, overseeing several key areas including Manufacturing and Product Support, while Reynolds is appointed Chief Strategy Officer, focusing on long-term growth strategies and innovation.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:33 pm

IART

Integra LifeSciences Holdings Corporation (NASDAQ:IART) announced the successful Q1 2024 U.S. relaunch of its CereLink Intracranial Pressure (ICP) Monitoring System, which will be featured at the AANS Annual Scientific Meeting in Chicago. The CereLink ICP Monitoring System offers advanced continuous ICP monitoring with minimal drift and MR conditional capability, aimed at improving patient outcomes in traumatic brain injuries and other neurological conditions.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:27 pm

MSFT

Fallout 76, developed by Bethesda, a subsidiary of Microsoft Corp. (NASDAQ:MSFT), has seen a resurgence in popularity, reaching over a million players in a single day. Despite its success, the game lacks cross-play and cross-progression features, which are common in most multiplayer games today. Todd Howard, Bethesda's development chief, acknowledged these issues in an interview, stating that Fallout 76 was not initially designed with cross-play in mind and that technical challenges have hindered the implementation of cross-progression. However, Howard emphasized the importance of these features for future Bethesda games, mentioning that their recent game, Starfield, already includes cross-progression between PC and Xbox.

Portfolio Pulse from Franca Quarneti

April 30, 2024 | 9:12 pm

AMTD

HKD

AMTD Group Inc. has announced a new leadership structure involving a rotating CEO system and a completely independent, non-executive board for its operating companies, including AMTD IDEA Group (AMTD) and AMTD Digital Inc. (HKD). This innovative approach aims to foster diverse leadership, shared values, and long-term sustainability by rotating CEOs every six months to leverage collective wisdom and nurture future leaders.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:07 pm

FUBO

WBD

FuboTV Inc. announced that Warner Bros. Discovery networks have left its platform as of April 30, 2024, due to unsuccessful renewal negotiations for Discovery content and Turner sports networks. FuboTV accused Warner Bros. Discovery of not negotiating in good faith, offering above-market rates, and engaging in anti-competitive practices. This dispute is part of a broader antitrust lawsuit filed by Fubo against Warner Bros. Discovery and its joint venture with The Walt Disney Company and FOX Corp.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:02 pm

QMCO

Quantum Corporation (NASDAQ:QMCO) announced the expansion of its global partnership model to include South Korea, Japan, Australia, and New Zealand, aiming to grow its presence in these key markets. The company has entered into exclusive distributor agreements with TS Line Systems for Korea, ACA Pacific for Australia and New Zealand, and NGC for Japan. These partnerships, built on existing relationships and joint customers, are expected to enhance Quantum's end-to-end data management solutions' reach and efficiency. The expansion follows successful developments in other Asia-Pacific markets and is part of Quantum's strategy to leverage AI and machine learning to optimize unstructured data management. The new distributor agreements will see an increase in dedicated sales and marketing resources and continued joint support and services for customers in the region, with deployment set for the second quarter of calendar year 2024.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:59 pm

HAIN

Hain Celestial Group (NASDAQ:HAIN) announced strategic actions to simplify its portfolio and operating footprint, aiming to reduce complexity and strengthen its balance sheet. The company is reducing its portfolio assortment by 62%, consolidating its personal care manufacturing footprint, and streamlining its co-manufacturing network globally. These actions are part of the Hain Reimagined business strategy, focusing on driving a core portfolio of brands across five categories and leveraging scale and synergies across five core geographies. The initiatives include global SKU reductions, the sale of the Thinsters cookie brand, and the consolidation of manufacturing plants, which are expected to unlock annualized savings, generate operating cash flow to pay down debt, and drive gross margin expansion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:58 pm

MSFT

Microsoft Corp.'s Bethesda Game Studios is preparing to release a new expansion for their space RPG, Starfield, named Shattered Space, expected this fall. The studio's director, Todd Howard, discussed post-launch content plans, including updates and improvements based on player feedback, such as enhancements to ship building and navigation aids. Howard also mentioned the Starfield Creation Kit, aimed at supporting the game's modding community, indicating ongoing development and future announcements.

Portfolio Pulse from Franca Quarneti

April 30, 2024 | 8:55 pm