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Marketing

GIS

General Mills is focusing on its Accelerate strategy to drive long-term growth and shareholder returns, investing in brand building for its iconic brands. The company has reaffirmed its fiscal 2024 financial targets, expecting organic net sales to be down 1 percent to flat, and adjusted operating profit and EPS to increase by 4 to 5 percent in constant currency.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:35 am

MTCH

Tinder, a social media app owned by Match Group (MTCH), is expanding its ID Verification feature to users in the US, UK, Brazil, and Mexico. This feature aims to confirm the authenticity of profiles, focusing on date of birth and likeness, with plans to launch in the US and Mexico by summer, and in the UK and Brazil by spring.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:10 am

ETHUSD

FLOKIUSD

After Ethereum co-founder Vitalik Buterin tweeted about the potential of AI in finding smart contract bugs, TokenFi's TOKEN, associated with FLOKI, saw a 20% increase in value. TokenFi announced the launch of AI-based products including an AI Smart Contract Auditor. Crypto analyst Scofield predicts TOKEN could surge over 50% to $0.057.

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 9:02 am

AAPL

Apple Inc.'s Vision Pro mixed reality headset's travel case has sparked mixed reactions online due to its unique design and $199 price tag. The case, designed to protect the Vision Pro headset, features a Ripstop outer shell, Polycarbonate structure, and compartments for accessories. Despite its innovative design, some users criticized its utility and cost, especially since the Vision Pro itself is priced at $3,499 without the case included. Meanwhile, early adopters of the Vision Pro have reported issues with the headset, and competitors like Meta Platforms, Inc. have claimed their products are superior. However, Microsoft executives have shown approval of the Vision Pro.

Portfolio Pulse from Ananya Gairola

February 20, 2024 | 8:28 am

ABBV

AbbVie presented new data from its gastroenterology portfolio at the 19th Congress of European Crohn's and Colitis Organisation, showcasing 17 abstracts on treatments for inflammatory bowel diseases. Key presentations included data on risankizumab (SKYRIZI) and upadacitinib (RINVOQ), highlighting their effectiveness and safety in treating ulcerative colitis and Crohn's disease.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:04 am

AAPL

GOOG

SSNLF

Apple Inc. (NASDAQ:AAPL) is set to launch its foldable iPhone in September 2026, according to a report from Alpha Economy. This launch will occur eight generations after Samsung's first foldable phone. Apple has also filed a patent for a rollable iPhone, indicating its active interest in foldable display technology. Competitors like Alphabet Inc.'s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Samsung Electronics (OTCPK: SSNLF) already have foldable phones in the market, with Samsung having launched five generations of foldable devices.

Portfolio Pulse from Rounak Jain

February 20, 2024 | 7:58 am

KO

Coca-Cola Co (NYSE:KO) has launched Coca-Cola Spiced, a new permanent flavor targeting younger consumers with a blend of traditional Coca-Cola, raspberry, and spiced flavors. This marks the first permanent addition to Coca-Cola's North American flavor lineup in years, available in both regular and zero-sugar variants. The launch aims to cater to evolving taste preferences and maintain growth momentum, following a 7% year-over-year sales increase reported in Q4 2023.

Portfolio Pulse from Benzinga Neuro

February 20, 2024 | 7:50 am

NIO

Nio Inc (NYSE:NIO) showcased its ET9 electric sedan's innovative chassis system through a video, demonstrating its ability to shake off snow. The ET9, priced at over $100,000, is Nio's entry into the luxury EV segment, expected to start delivery in Q1 2025. It competes with luxury hybrids like Porsche's Panamera E-Hybrid and Mercedes Benz's Maybach S580e but stands out as a pure electric vehicle.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 7:09 am

AAPL

Apple Inc. is reportedly testing a feature in the beta version of Apple Music on Android that allows users to import playlists from Spotify and other music streaming services. This integration, facilitated by SongShift, is seen as a strategic move to attract more users amidst the competitive music streaming industry. The feature is currently in early testing and it's unclear if it will be available on iPhone.

Portfolio Pulse from Ananya Gairola

February 20, 2024 | 6:20 am

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) plans to enter the European market with its upcoming R2 vehicle, initially launching in the US and Canada. The R2, set for a reveal on March 7, aims to fill a market gap with a more compact and affordable option in the $45,000 to $50,000 range, targeting midsize SUVs. Rivian's current models, the R1T and R1S, are priced around $70,000. Additionally, Rivian's collaboration with Amazon has already seen electric delivery vans deployed in Europe.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 5:37 am