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Marketing

FLUT

PARA

PARAA

Super Bowl LVIII prop bets include options on Taylor Swift and Travis Kelce's relationship, with FanDuel offering odds on a potential proposal and MVP speech mentions. FanDuel, part of Flutter Entertainment (FLUT), limits these bets to Canadian regions. The event's viewership could be boosted by Swift's expected attendance, benefiting Paramount Global (PARA, PARAA), which will air the game on CBS, Nickelodeon, and stream on Paramount+.

Portfolio Pulse from Chris Katje

January 30, 2024 | 9:01 pm

CMCSA

DIS

FOX

GOOG

GTN

NXST

PARA

ROKU

SSP

TGNA

Democratic super PAC Future Forward is set to spend a record $250 million on advertising to support President Joe Biden in the 2024 presidential election. The funds will be allocated to television and digital/streaming ads in seven key swing states. This spending is part of an anticipated $10.2 billion total ad spend for the 2024 election cycle. Companies that could benefit from this increased ad spending include national television companies like Paramount Global, Fox Corp, Comcast Corp, and Walt Disney Co, as well as local media station owners such as Gray Television Inc, NexStar Media Group Inc, Tegna Inc, and E.W. Scripps Company. Digital platforms like YouTube, Roku, Hulu, and Vevo are also expected to receive significant ad buys.

Portfolio Pulse from Chris Katje

January 30, 2024 | 8:05 pm

MARK

MSFT

Remark Holdings shares are trading higher due to a Tweet from the company's account hinting at an unconfirmed deal with Microsoft.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 7:12 pm

SONY

Sony Group Corp (NYSE:SONY) has announced its first PlayStation State of Play for 2024, which will take place on January 31. The 40-minute event will feature over 15 upcoming PS5 games, including extended looks at Stellar Blade and Rise of the Ronin. Speculation is rife that titles such as Final Fantasy VII Rebirth, Silent Hill 2 remake, Metal Gear Solid Delta: Snake Eater, and possibly Death Stranding 2 may be showcased. Hideo Kojima's tease about Death Stranding 2 has heightened anticipation for the event.

Portfolio Pulse from Franca Quarneti

January 30, 2024 | 7:07 pm

VUZI

Vuzix, a company specializing in augmented reality (AR) technology, has announced its capability to supply optical waveguides with integrated vision correction prescriptions. This advancement could potentially enhance the usability of AR products for individuals with vision impairments. Vuzix CEO Paul Travers is set to present this development at the SPIE Photonics West event today.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 7:02 pm

DOGEUSD

ETHUSD

SHIBUSD

TRXUSD

Vitalik Buterin's tweet in Chinese saying 'We'll learn to meow together' has inadvertently led to the creation of a new memecoin with a ticker symbol '喵喵喵喵' (Chinese for 'meow meow meow meow'), reaching a $5 million market cap within hours. Justin Sun, founder of Tron, supported the coin, promising a listing on his exchange, Poloniex. This event highlights the influence of prominent figures in the crypto space and the volatile nature of memecoins, which can surge in value following endorsements or social media activity.

Portfolio Pulse from Ivan Crnogatić

January 30, 2024 | 5:18 pm

DIS

NFLX

Activist investor Nelson Peltz has proposed a plan to improve Disney's performance by bundling ESPN+ with Netflix. This strategy aims to leverage the extensive subscriber base of Netflix to boost ESPN+'s growth and overall value to Disney.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 4:42 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential price targets and support levels for each asset, advising traders to monitor these stocks for breakouts or reversals and to stay alert for market volatility, especially with the upcoming FHFA House Price Index and JOLTS Job Openings data releases, as well as the FOMC rate decision.

Portfolio Pulse from RIPS

January 30, 2024 | 4:02 pm

TSNDF

This Valentine's Day, cannabis products are being highlighted as gifts for love and wellness. Dr. Norm's offers Solventless Hash Gummies in flavors like Key Lime High and Wicked Watermelon. Punch Edibles & Extracts introduces half-gram live rosin vape cartridges. Honest presents the Essentials Bundle with stylish smokeware. TerrAscend (OTC:TSNDF) features Valhalla Extra Strength Troches in various flavors and strengths. These products aim to provide a blend of romance, wellness, and indulgence for the occasion.

Portfolio Pulse from Nicolás Jose Rodriguez

January 30, 2024 | 3:58 pm

NBY

NovaBay Pharmaceuticals has reported a significant 64% year-over-year growth in subscription-based sales for its Avenova unit. The company also saw a 38% increase in subscription-based customers in 2023 compared to the previous year. Avenova's online sales from subscribers constituted 24% of the total in 2023, a notable rise from 14% in 2022. The product has received positive feedback, with an average 4.5-star rating from over 13,000 customer reviews across various online platforms.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:30 pm