Streetbeat News

Marketing

OKTA

Okta, Inc. (NASDAQ:OKTA) announced new executive appointments to strengthen its go-to-market team and drive growth. Eric Kelleher is promoted to President, Customer Experience & Communications, Ed Daly to Chief Customer Officer, and Christine Halvorsen joins as CTO, Public Sector. These moves underscore Okta's commitment to customer engagement and innovation, following the company's growth to over $2 billion in revenue and nearly 19,000 customers. The appointments aim to enhance customer experiences, brand loyalty, and identity security solutions.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:36 pm

COCH

ENVOY

Envoy Medical's shares experienced a significant increase following a mention on Fox Business. The company, known for its advancements in hearing technology, caught investors' attention, leading to a spike in its stock price. Although not directly mentioned, Cochlear Limited (COCH) operates in the same sector and could experience indirect effects.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:43 pm

BUD

STZ

TAP

Anheuser-Busch InBev SA (NYSE:BUD) is set to report its Q4 earnings with analysts expecting a revenue of $15.50 billion, a slight decline from Q3's $15.57 billion but an increase from last year's $14.67 billion. Earnings per share are anticipated to be 78 cents, down from 86 cents in the previous year. The company aims for a full-year EBITDA growth of 4% to 8%. Analyst ratings are mixed, with a notable downgrade from Exane BNP Paribas and an upgrade from Jefferies. Jim Cramer prefers Constellation Brands (NYSE:STZ) over BUD, citing better growth opportunities. BUD's recovery from a boycott and its marketing strategies, including Super Bowl ads and sports sponsorships, are key points of interest for investors.

Portfolio Pulse from Chris Katje

February 28, 2024 | 7:11 pm

AAPL

During the annual shareholder meeting, Apple CEO Tim Cook announced that Apple will share updates on its generative AI plans later this year, indicating a strategic focus on AI technology.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 5:52 pm

DOGEUSD

PEPEUSD

SHIBUSD

Pepe Coin (CRYPTO: PEPE) experienced a significant surge, increasing 50% in one day and 200% over the past week, with its trading volume surpassing $1.9 billion. The increase began on Feb. 26, with active wallet addresses and whale transactions indicating strong interest. Six wallets made a profit of $2 million by selling Pepe, with one wallet earning a 97% profit in six hours. The crypto community is highly engaged, with predictions of Pepe's market cap reaching between $69 billion to $420 billion. Other meme coins like DOGE and SHIB are also mentioned as part of the meme coin elite.

Portfolio Pulse from Murtuza Merchant

February 28, 2024 | 5:47 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares increased by 1.89% to $3.23, despite no specific news. The rise follows a sell-off post-earnings last week. Lucid announced showcasing three new electric vehicles at the Geneva International Motor Show and plans to expand in Europe with more retail and service offerings. New models include the SUV Gravity, Air Sapphire, and a Rear-Wheel-Drive version of the Air Pure, featuring short charging times and long ranges. Lucid Air buyers will receive a Wallbox charging station and maintenance service.

Portfolio Pulse from Henry Khederian

February 28, 2024 | 3:55 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 28th, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of market volatility due to upcoming economic reports and Fed speeches, advising traders to stay alert and adjust strategies accordingly.

Portfolio Pulse from RIPS

February 28, 2024 | 3:38 pm

AAPL

FXI

Market sources in China report a significant drop in iPhone unit sales post-Lunar New Year, leading Apple to implement rare pricing cuts.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 3:06 pm

AMCX

NFLX

Verizon announced a new streaming bundle for customers combining select home internet and 5G mobile plans, offering Netflix Premium and AMC+ Ad-Free for $25.99/month, a savings of $5.99 monthly. This deal, available until March 31, is part of Verizon's strategy to provide exclusive offers and savings, highlighted in a new ad campaign featuring Tony Hale. Customers can also save up to $300 a year on their home internet bill by combining services. The promotion underscores Verizon's commitment to delivering value and exclusive content deals through its +play platform.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 3:03 pm

TELUS has partnered with Vevo to become its direct ad sales representative in Canada, offering advertisers access to Vevo's premium music video content across various platforms. This collaboration aims to provide value for local brands and media agencies by connecting them with audiences through influential music videos, leveraging TELUS' reach in the Canadian market.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 2:18 pm