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Marketing

RUM

Rumble CEO Chris Pavlovski appeared on Fox Business's Cavuto's Coast to Coast to discuss the company's offer to buy TikTok. This move indicates Rumble's strategic interest in expanding its social media footprint by potentially acquiring a major player in the industry.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:34 pm

AMZN

CMCSA

NBCUniversal's Peacock, owned by Comcast (CMCSA), will exclusively air the NFL's opening week Friday game in Brazil. Additionally, the NFL announced that Amazon's Prime Video (AMZN) will have exclusive rights to a playoff game. The NFL also plans to schedule at least one game on Christmas for the upcoming season.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:26 pm

CGC

Canopy Growth Corp (NASDAQ:CGC) shares surged, adding to a 100% gain over the last week, following Germany's legalization of adult-use cannabis. The law, effective April 1, allows possession and home cultivation of cannabis. Canopy Growth sees this as a significant opportunity to expand in Germany through its vaporizer brand Storz & Bickel and medical cannabis products. The company's stock is trending on social platforms, with trading volume significantly exceeding its average.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 4:24 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) is drawing attention due to a scheduled livestream event titled 'The New Gold Standard' by CEO Vlad Tenev, promising 'exciting updates'. This follows recent positive performance, with stock up over 50% YTD and nearly 20% in the last month. February metrics showed growth in customers and trading volumes across all asset classes. Analysts anticipate earnings of 4 cents per share on revenue of $525.432 million in the next report.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 4:20 pm

HSY

MDLZ

Hershey Company (HSY) and Mondelez International Inc (MDLZ) are adjusting their strategies to cope with the impact of rising cocoa prices on profits, especially ahead of Easter. They are shifting focus towards non-chocolate treats and upscale Easter offerings to maintain sales amidst cocoa cost increases and consumer reluctance due to inflation. Despite the challenges, both companies are optimistic about maintaining Easter sales levels through strategic pricing and product focus.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 4:10 pm

ADBE

Adobe announced Adobe Firefly Services and Custom Models at the Adobe Summit, introducing new generative AI capabilities for enterprise content creation and production. These services offer over 20 APIs, tools, and services for automating content production, including localization and personalization at scale. Custom Models allow enterprises to train AI models based on their IP for brand consistency. The integration into Adobe's Creative Cloud and production workflows aims to streamline content creation processes, meeting rising consumer expectations for personalized content.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:03 pm

ADBE

Adobe announced the launch of generative AI solutions aimed at enhancing the content supply chain for enterprises during the Adobe Summit. These solutions, including Adobe GenStudio and Adobe Firefly, are designed to streamline the creation, management, and measurement of marketing content and personalized customer experiences. Integrated with Adobe Experience Cloud and Creative Cloud, these offerings aim to address the challenges of disconnected workflows and the increasing demand for personalized content. Pfizer is highlighted as a key partner leveraging Adobe's solutions to improve its content delivery for medical information.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:02 pm

CSCO

F

Cisco and Ford Motor Company have announced the integration of the Webex app into Ford and Lincoln vehicles, offering an enhanced in-vehicle workspace experience. This collaboration allows users to join Webex meetings via audio while driving and video when parked, directly through the vehicle's infotainment system. The service is available on select vehicles, including the 2024 Lincoln Nautilus, with plans to expand to the 2025 Lincoln Aviator and 2025 Ford Explorer.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 3:02 pm

VERI

Veritone, Inc. (NASDAQ:VERI) launched Ask Veri, a generative AI media intelligence tool for Veritone Digital Media Hub users. It enables quick extraction of insights from media archive data. Ask Veri will be available across Veritone's applications and commercially in Q2 2024. It aims to help media professionals manage and activate data efficiently, leveraging generative AI for in-depth analysis and content insights.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:37 pm

RCAT

Red Cat Holdings, Inc. (NASDAQ:RCAT) has secured $2.5 million in contracts with two NATO allied countries for its Teal 2 drone systems, training, and accessories, expected to be delivered by the end of March. The contracts align with Red Cat's global sales expansion strategy and underscore its commitment to supporting NATO allies with advanced, American-made drone technology. The Teal 2 drones are designed for military, public safety, and government use, featuring night vision, thermal imaging, and AI capabilities. Red Cat plans to further its international business development by participating in the FIDAE 2024 conference in Santiago, Chile.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:35 pm