Streetbeat News

Marketing

AAPL

Apple Fitness+ is expanding its offerings with new features starting January 8, including a sound meditation theme, a workout program with golfer Rose Zhang, an Artist Spotlight series with music from USHER and other artists, and Time to Walk episodes on Apple Podcasts. The service is also accessible through Anytime Fitness memberships, and Apple is offering a limited-edition award for closing Activity rings. Fitness+ is available as a standalone subscription or part of the Apple One Premier plan, with various pricing options and included in certain Apple product purchases.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 2:06 pm

PTON

Peloton Interactive Inc. (NASDAQ:PTON) has announced a partnership with TikTok to launch a new fitness hub, “#TikTokFitness Powered by Peloton,” featuring fitness videos and live classes. This move is part of Peloton's strategy to reach a broader customer base and reshape its brand identity, targeting a younger audience and aiming to boost app downloads and conversions. The collaboration follows Peloton's rebranding efforts and tiered pricing strategy for its app, amidst declining sales, profits, and membership.

Portfolio Pulse from Benzinga Neuro

January 04, 2024 | 2:01 pm

GOOG

GOOGL

MSFT

Alphabet Inc.'s Google is reportedly preparing to launch a paid version of its AI chatbot, Bard, similar to Microsoft-backed OpenAI's ChatGPT. A cybersecurity enthusiast discovered hidden code on the Bard website indicating a three-month free trial for Google One subscribers, followed by a subscription fee. The code also hints at a new Bard Advanced service powered by Google's AI model, Gemini. The exact details of the subscription tiers are unclear, but the launch seems imminent as promotional content and pricing details are already present in the code.

Portfolio Pulse from Rounak Jain

January 04, 2024 | 1:14 pm

PTON

Peloton and TikTok have announced a partnership to launch 'TikTokFitness Powered by Peloton'. This collaboration will feature select live Peloton classes, an original instructor series, ongoing creator partnerships, class clips, and celebrity collaborations.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 1:13 pm

BABA

JD

PDD

TCEHY

Alibaba Group Holding Ltd (NYSE:BABA) has faced a challenging year with setbacks including a $2.8 billion fine for monopolistic behavior, a drop in U.S. market value below competitor PDD Holdings Inc (NASDAQ: PDD), and a significant share price decline. Alibaba withdrew plans for a public listing of its cloud unit and faces stiff competition from Huawei and Tencent Holding Ltd (OTC:TCEHY). Despite challenges, optimism remains for Alibaba's future. JD.com Inc (NASDAQ:JD) and Alibaba's Taobao implemented a 'refund only' policy, mirroring Pinduoduo's strategy, which has led to concerns among sellers about potential abuse.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 1:08 pm

MDGS

Medigus Ltd., through its subsidiary Revoltz, has announced the launch of pre-orders for PORTO, an innovative electric vehicle (EV). This move signifies Medigus's entry into the EV market and could potentially impact the company's future revenue streams and market position.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:53 pm

FSR

Fisker Inc. is developing a dealer partnership model in North America and plans to implement a hybrid of direct sales and dealer arrangements in Europe. This strategy aims to expand its sales network and customer reach as it scales up operations.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:40 pm

LLY

Eli Lilly has launched LillyDirect, a digital healthcare platform for US patients with obesity, migraine, and diabetes. It provides disease management resources, access to healthcare providers, support, and home delivery of select Lilly medicines.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:39 pm

V

Visa has launched the Visa Web3 Loyalty Engagement Solution, a new service designed to enhance customer engagement and loyalty in digital and virtual worlds. This service includes features such as gamified giveaways, augmented reality treasure hunts, and innovative methods for earning and redeeming loyalty points.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 12:08 pm

LE

Lands' End has launched an exclusive women's swimwear collection featuring nearly 70 pieces, which will be available for purchase at Target stores.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 11:55 am