Streetbeat News

Marketing

NKE

PMMAF

Nike Inc is close to finalizing a significant endorsement deal with basketball star Caitlin Clark, who is expected to make her professional debut in May. Clark, the first overall pick in the WNBA draft by the Indiana Fever, had a previous sponsorship with Nike during her college career. The deal includes launching her own signature line of footwear, as Nike aims to build a young roster of basketball talents. This aligns with the industry's growing focus on women's sports and the rarity of sneaker lines for female athletes. Puma SE also has a deal with Breanna Stewart, highlighting a similar focus on women's sports endorsements.

Portfolio Pulse from Shivani Kumaresan

April 19, 2024 | 11:18 am

AXS

Kind, a Web3 content creator agency based in Latin America, is revolutionizing the Web3 space by supporting over 100 creators globally. Founded within the Axie Infinity ecosystem, Kind emphasizes freedom, community, and creativity, extending its philosophy to investments, partnerships, and community engagement in the gaming sector. Founders Osito Lima and Zio shared their journey from traditional careers to Web3, highlighting their commitment to empowering creators. They also discussed their favorite Web3 games, including Axie Infinity, Pixels, Apeiron, and Wild Forest, and their admiration for the CyberKongz community.

Portfolio Pulse from Jose Rodrigo Safdiye

April 19, 2024 | 8:50 am

SQ

TSLA

Jack Dorsey, CEO of Block Inc, responded to Elon Musk's tweet advocating for peace and space exploration amid the Israel-Iran conflict. Musk's tweet was a call to focus on space exploration instead of conflict, to which Dorsey replied with 'only'. The exchange highlights a broader conversation on global tensions, which have impacted financial markets, with stock futures falling, and oil and gold prices rising.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 5:18 am

DOGZ

Dogness faces challenges from intense domestic competition and the US-China trade dispute, impacting sales. The company's revenue dropped in the half year ended December 31, 2023, due to lower average selling prices and sales volumes of intelligent pet products. Dogness is expanding its customer base, targeting younger consumers, and developing new products to counter weak sales. It's also implementing cost-saving measures and seeking merger and acquisition opportunities to improve margins and expand market presence.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:49 pm

AMZN

Amazon.com Inc's Twitch is launching a TikTok-style discovery feed for clips and livestreams, accessible via a tab in the mobile app. The new feature, tested for a year, aims for seamless browsing with integrated, non-disruptive ads. It will include content from followed creators and recommendations, with plans to expand its presence on the platform.

Portfolio Pulse from Franca Quarneti

April 18, 2024 | 7:41 pm

PRI

Primerica, Inc. (NYSE:PRI) has issued a statement refuting claims made by a blogger aimed at driving down its stock price, labeling the assertions as false and misleading. The company highlights its long-standing commitment to providing financial services to middle-income families in the U.S. and Canada, its significant insurance coverage, and the trust placed in it by millions of clients managing substantial investment volumes. Primerica emphasizes its adherence to industry standards and regulations, its high client satisfaction and loyalty ratings, and its confidence in the value it offers to clients and stockholders.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 6:38 pm

DOGE

SHIB

The article discusses the evolution of meme coins since the last Bitcoin halving, highlighting the significant growth in market capitalization to $49.3 billion. Dogecoin and Shiba Inu remain the top players, with new entrants like Dogwifhat and Pepe gaining traction. The piece also mentions token burning strategies by Shiba Inu, Floki, and Bonk to reduce supply and potentially increase prices. The meme coin market's profitability and concerns over utility and scams are addressed, with anticipation of a Bitcoin bull run potentially benefiting altcoins.

Portfolio Pulse from Khyathi Dalal

April 18, 2024 | 6:17 pm

AMZN

DIS

NFLX

WBD

Benzinga's poll revealed Netflix as the top streaming platform choice among its readers, with 61% preferring it over Disney+, Amazon Prime Video, and Max. This comes as consumers face decisions on streaming subscriptions amid rising costs. Netflix's aggressive content strategy and Amazon Prime Video's extensive library, including sports rights, position them strongly in the competitive streaming market. Disney+ and Max, despite their unique content offerings, ranked lower. The poll's timing aligns with Netflix's upcoming Q1 earnings, where a potential price hike for ad-free plans is a key focus.

Portfolio Pulse from Chris Katje

April 18, 2024 | 6:00 pm

BA

Boeing, through its subsidiary Wisk Aero, is developing electric vertical take-off and landing (eVTOL) aircraft with autonomous technology, aiming to introduce flying cars in Asia by 2030. The company is currently evaluating potential entry markets in Asia, including Japan.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 5:55 pm

FOXA

FOX Corp's OutKick platform reported significant growth in Q1 of 2024, with a 10% increase in total multiplatform views to 81 million, and a 7% increase in total multiplatform minutes to 78 million, according to Comscore. The platform also experienced a rise in average monthly multiplatform unique visitors to 6.1 million. Additionally, OutKick's social media presence grew, with over 4.5 million total social actions and 52.4 million video views across Facebook, X (formerly Twitter), and YouTube, marking increases of 32.4% and 14% respectively from the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:23 pm