Streetbeat News

Marketing

META

MTCH

QQQ

WMT

Meta Platforms Inc (META) is criticized by Walmart Inc (WMT) and Match Group Inc (MTCH) for placing their ads next to content sexualizing underage users on Facebook and Instagram. Match Group's CEO contacted Meta's CEO directly, and Walmart demanded immediate action. The issue follows a report on Instagram's algorithms promoting a 'vast pedophile network.' Meta is facing legal challenges and internal concerns over encryption potentially hindering the detection of child abuse. META stock is up 0.05% premarket.

Portfolio Pulse from Anusuya Lahiri

January 11, 2024 | 4:52 pm

NFLX

Netflix's stock is experiencing an uptick after reports surfaced that its advertising-supported tier has reached over 23 million monthly active users. Additionally, Netflix Games has seen a significant increase in downloads, with a 180% rise in 2023.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:08 pm

MSFT

Microsoft Corp. announced new generative AI and data solutions for retailers, enhancing the Microsoft Cloud for Retail. These solutions include copilot templates on Azure OpenAI Service for personalized shopping experiences, retail data solutions in Microsoft Fabric, copilot features in Dynamics 365 Customer Insights, and the launch of Retail Media Creative Studio. The AI tools aim to improve customer engagement, store associate productivity, and marketing campaign effectiveness. Canadian Tire Corp. plans to launch an AI shopping assistant using Azure OpenAI Service. Microsoft Experience Centers will also implement copilot templates for store associates. New features in Dynamics 365 Customer Insights and Retail Media Creative Studio will be available for preview in early 2024.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:01 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, META, TSLA, GOOGL, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset and advises traders to monitor these stocks for breakouts or reversals. The trading session is expected to be volatile due to the release of CPI data and the US Treasury's 30 Year Bond Auction. The memo is part of a service offered by Market Clubhouse, which includes a live daily market analysis, a watch list, and real-time mentorship by a pro trader known as RIPS.

Portfolio Pulse from RIPS

January 11, 2024 | 2:56 pm

COIN

ETCUSD

HPE

MSTR

RIOT

Ethereum Classic surged 34% following the SEC's approval of Bitcoin ETFs, outperforming BTC and ETH. The global electric vehicle market saw a 31% increase in sales in 2023. Cathie Wood discussed her personal Bitcoin holdings and the SEC's decision. Jim Cramer commented on the potential market reaction to the ETF approval. Crypto-related stocks like Riot Blockchain, Coinbase, and MicroStrategy are trending due to the Bitcoin Spot ETF spotlight. In other news, Trump discussed his potential 2024 running mate, and a study predicted a $1 trillion boost to the US economy from generative AI. Samsung, Apple, Amazon, and HP Enterprise made headlines in tech, while the electric vehicle and consumer sectors also featured notable updates.

Portfolio Pulse from Akanksha Bakshi

January 11, 2024 | 2:17 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL, EDBLW) announced that its new line of Pulp sustainable gourmet USDA Organic fermented sauces will be available at Target retail locations across the southeast. The launch includes a comprehensive marketing campaign and the distribution network now covers over 5,000 retail locations nationwide. The company expects the collaboration with Target to boost growth and visibility for the Pulp product line and the Edible Garden brand.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:13 pm

DLPN

Dolphin Entertainment, Inc. (NASDAQ:DLPN) has completed the formation of its 'Super Group' with the acquisition of Special Projects in Q4 2023. CEO Bill O'Dowd's letter to shareholders highlights the company's strategic initiatives, including accelerated synergies and cross-selling in core businesses, expansion into new verticals like skin care/cosmetics/beauty, and receiving equity stakes in marketed assets. Dolphin anticipates the premiere of the 'Blue Angels' documentary, the launch of a celebrity-partnered product, and the announcement of owned or co-owned live events. These ventures are expected to contribute to long-term growth and increased shareholder value without requiring cash investment from Dolphin.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:09 pm

BLIN

Bridgeline Digital, Inc.'s HawkSearch technology has been chosen by Nail Gun Depot to provide an AI-powered search bar for their website. The technology will enhance the customer shopping experience by displaying promotional content through keyword-triggered campaigns and categorizing products based on user ratings in relation to search terms.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:39 pm

MYNZ

Mainz Biomed N.V. (NASDAQ:MYNZ) is collaborating with TestDNA to present at the 10th Gdańsk Gastroenterology Symposium, focusing on the need for earlier detection of colorectal cancer (CRC). They will discuss non-invasive screening methods like ColoAlert, Mainz Biomed's at-home CRC screening kit. ColoAlert offers higher sensitivity and specificity than traditional fecal occult blood tests and is available in select EU countries. The US market represents a significant opportunity for ColoAlert, pending FDA approval from the ReconAAsense trial.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:05 pm

SEAT

Vivid Seats has become the secondary ticketing partner for the LA Kings and LA Galaxy through a partnership with AEG. This agreement allows fans to purchase tickets for all regular season home games via the Vivid Seats platform.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:04 pm