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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

PLTR

Palantir is expanding its commercial business by pitching its AI platform, AIP, to advertising agencies for use in inventory planning, programmatic sales, and campaign optimization. Despite its controversial work with intelligence agencies, Palantir has secured clients like United Airlines, Tyson Foods, and more recently, Lowe's and General Mills for AIP. The company aims to differentiate itself in the ad industry, amidst growing interest in AI, while facing potential reputational risks due to its government work.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:17 pm

AXS

RON

Ronin (CRYPTO: RON) has announced a partnership with Ragnarok: Monster World, marking the first Web2 gaming IP to join its blockchain platform. The game, set to launch in Q3 2024, is developed by ZERO X AND and aims to blend traditional gaming with blockchain technology. Sky Mavis, the creator of Ronin and Axie Infinity (CRYPTO: AXS), is focused on integrating gaming cultures through this collaboration. The partnership is seen as a significant step in merging traditional gaming IPs with blockchain, potentially setting new standards in the gaming industry.

Portfolio Pulse from Jose Rodrigo Safdiye

April 18, 2024 | 4:08 pm

GOOGL

META

Meta Platforms announced the training of Llama 3 on both text and images, with current versions outputting only text. The Meta AI virtual assistant will be updated with new models and receive a standalone website. Two early versions of Llama 3 have been released. Additionally, Meta has partnered with Google to integrate Google's search results into the assistant's responses.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:02 pm

WINA

Winmark Corporation (WINA) has entered into a multi-year partnership with STX, LLC to become the Official Resale Partner for STX. The partnership aims to purchase quality used lacrosse equipment through Winmark's Play It Again Sports locations to promote sustainability and make the sport more accessible to new players. This collaboration will include a yearly Sponsored Buy Drive and co-branded sustainability-focused content to be shared across social channels and promoted through Play It Again Sports' local stores, website, and national PR efforts.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 2:32 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) has launched the fourth generation of its Beyond Burger and Beyond Beef products, featuring significant improvements in taste, nutrition, and cooking performance. These new products, which are now available at major U.S. grocery stores including Walmart and Kroger, offer 21g of plant-based protein per serving, only 2g of saturated fat thanks to the use of avocado oil, and have received positive feedback from consumers and health professionals alike. The launch is part of Beyond Meat's ongoing efforts to enhance the health and environmental benefits of its plant-based meat offerings, with the new products also being recognized by leading health organizations and receiving certifications for their nutritional quality.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:10 pm

TCNNF

At the Benzinga Cannabis Capital Conference, the Bellamy Brothers and Trulieve CEO Kim Rivers discussed the placement of a constitutional amendment to legalize recreational cannabis on the Florida November 2024 ballot. Trulieve, a major supporter of the initiative, aims to rally support to meet the 60% vote threshold required for passage. The Bellamy Brothers, advocates for cannabis legalization, shared their personal connection to the cause and emphasized the safety and regulatory benefits of legalizing cannabis compared to alcohol, based on an FDA report.

Portfolio Pulse from Maureen Meehan

April 18, 2024 | 1:08 pm