Streetbeat News

Marketing

MGM

BetMGM, a leading sports betting and iGaming operator, has announced an exclusive partnership with social media platform X to become its Live Odds Sports Betting partner. This collaboration will integrate BetMGM's odds and branding directly into X, linking to BetMGM's website and app. The partnership aims to leverage X's role as a central hub for sports conversations, offering users in the United States access to BetMGM's betting odds on professional football, with plans to expand to other major sports. BetMGM emphasizes responsible gaming, integrating the GameSense program into its platforms.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 2:31 pm

PL

Planet Labs PBC (NYSE:PL) has made its PlanetScope satellite data available on Google Cloud Marketplace, enhancing collaboration and convenience for users. This partnership allows for efficient Earth monitoring, leveraging Google Cloud's scalability. The integration aims to streamline procurement and billing processes, facilitating easier access to Earth imagery for a wide range of applications including agriculture, urban planning, and sustainable development.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 2:01 pm

BLIN

Bridgeline Digital, Inc. (NASDAQ:BLIN) announced that Schaedler Yesco, an Electrical Distribution Company, has chosen Bridgeline's HawkSearch to enhance its website's search capabilities. HawkSearch will improve Schaedler Yesco's eCommerce strategy with advanced search functionalities tailored to the electrical industry, including part number search and unit of measurement conversion. This partnership highlights Bridgeline's growing influence in the electrical distribution market.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 1:37 pm

LQR

LQR House Inc. (NASDAQ:LQR), an ecommerce platform specializing in the spirits and beverage industry, announces a marketing partnership with Alamo Distilling to promote five key products. This collaboration aims to leverage LQR House's influencer network to increase visibility and sales for Alamo Distilling's products, including Rasta Bob Coconut Rum and four others. LQR House's CEO, Sean Dollinger, highlights the company's commitment to innovation and quality, aligning with Alamo Distilling's values. LQR House plans to double its marketing client portfolio by 2024, contributing to revenue growth.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 1:35 pm

ERIC

MSFT

NVDA

Nvidia is launching a custom unit aimed at expanding its reach in the cloud, automotive, video game, and telecom sectors, according to Reuters. This strategic move is expected to leverage Nvidia's technological capabilities and enhance its position in these rapidly growing markets.

Portfolio Pulse from Charles Gross

February 09, 2024 | 12:38 pm

EXPE

NFLX

Netflix shares are experiencing an uptick in premarket trading following a report from Spain's Ecommerce News that Expedia and Burger King have signed on as advertisers for Netflix's ad-supported service. This development is seen as a positive move for Netflix, potentially increasing its revenue streams and making its ad-supported service more attractive to users.

Portfolio Pulse from Charles Gross

February 09, 2024 | 12:30 pm

DNUT

Krispy Kreme has announced a joint venture with AmPm Comestíveis to expand into the Brazilian market. This partnership will allow Krispy Kreme to distribute its doughnuts through a network of Krispy Kreme shops and AmPm convenience stores across Brazil.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:29 pm

UNFI

United Natural Foods (UNFI) successfully concluded its first full-assortment selling show in San Diego, showcasing a wide range of products.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 12:10 pm

LCID

Gary Black, a Future Fund Managing Partner, criticized Lucid Group's (NASDAQ:LCID) pricing strategy, stating that advertising cannot compensate for a bad product or pricing strategy. Despite Lucid's advertising efforts, including winning the '2023 World Luxury Car Of The Year', its stock has been declining. Black contrasts Lucid's strategy unfavorably with Tesla, advocating for a balanced approach of advertising and pricing to boost sales without hurting margins. Lucid's stock has seen a significant drop, closing up 3.9% at $3.51 recently but down 15.4% year-to-date and nearly 66% over the past year.

Portfolio Pulse from Anan Ashraf

February 09, 2024 | 11:15 am

CELH

Celsius has entered into a multi-year, exclusive partnership with Scuderia Ferrari to promote its energy drinks at the track, garage, hospitality areas, and retail. This collaboration aims to enhance brand visibility and consumer engagement through various activation points.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 11:04 am