Streetbeat News

Marketing

GM

General Motors Co (NYSE:GM) CEO Mary Barra clarified in an interview that GM does not produce the pink Corvette featured in the 'Barbie' movie. She reminisced about her own childhood toy Corvette, which was yellow. Barra expressed her fondness for the Hummer EV and is looking forward to the launch of the Equinox EV next year. The Hummer EV has gained attention, including a test drive by President Joe Biden.

Portfolio Pulse from Anan Ashraf

December 19, 2023 | 10:32 am

AAPL

Apple Inc. has reduced the price of its 13-inch MacBook Air with the M2 chip to $899, a $200 discount, at B&H Photo Video. This offer includes all four color options and is available for the 8GB RAM and 256GB storage model. The M2 MacBook Air, known for its portability and all-day battery life, features a 13.6-inch Liquid Retina display, Thunderbolt 3 ports, Bluetooth 5.0, and Wi-Fi 6.

Portfolio Pulse from Rounak Jain

December 19, 2023 | 8:32 am

BLK

FNF

Jonathan Goldsmith, known as 'the most interesting man in the world', stars in an advertisement for Bitwise to promote their Bitcoin ETF. Bitwise, along with BlackRock and Fidelity, is awaiting SEC approval for a spot Bitcoin ETF. The ad highlights Bitwise's expertise in ETFs backed by crypto specialists. The crypto market is optimistic about the approval of spot Bitcoin ETFs, with a decision expected between Jan. 5 to Jan. 10, 2024. Goldsmith recently joined Village Garage Distillery as Chief Storytelling Officer.

Portfolio Pulse from Benzinga Neuro

December 19, 2023 | 8:15 am

FIS

JCB International has expanded its partnership with Worldpay from FIS, enabling JCB Contactless payments at Worldpay merchants using Ingenico terminals in the UK. This marks the largest contactless deployment in the region, allowing JCB cardmembers to make tap-and-go payments.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 6:51 am

AMZN

TikTok is accused of favoring Amazon accounts by instructing employees not to flag issues with them, aiming to maintain a strong advertising relationship. Internal messages suggest TikTok staff were told to avoid actions that could harm over 60 Amazon-associated accounts. TikTok denies the bias as official policy, claiming the allegations are incorrect or misunderstood. The issue arises as TikTok intensifies its e-commerce efforts, challenging Amazon's dominance, and continues to face potential U.S. bans.

Portfolio Pulse from Ananya Gairola

December 19, 2023 | 4:43 am

DIS

TSLA

The rivalry between Tesla Inc's CEO Elon Musk and Walt Disney Co's CEO Bob Iger has escalated, with Tesla owners reporting the Disney+ app icon missing from the in-car entertainment platform. This follows Disney pulling ads from a social media platform owned by Musk after he interacted with an antisemitic post. Musk has publicly criticized Iger and Disney's advertising decisions. The absence of the Disney+ icon, which can still be accessed via URL, may be seen as retaliation by Tesla. The feud could impact subscriber counts for Disney streaming services and advertising revenue for Musk's social media platform.

Portfolio Pulse from Chris Katje

December 19, 2023 | 12:10 am

NFLX

WBD

John Oliver criticized Elon Musk on his HBO show 'Last Week Tonight,' suggesting Musk could play various movie villains due to his controversial actions and demeanor. Oliver referenced Musk's influence on fictional characters in films like 'Glass Onion: A Knives Out Mystery' and 'Don't Look Up,' where characters resembling Musk were portrayed. The episode aired on Warner Bros. Discovery-owned HBO and also included Oliver's critique of Musk's management of his social media platform and the design of the Cybertruck.

Portfolio Pulse from Chris Katje

December 18, 2023 | 11:11 pm

MSFT

SONY

Swen Vincke, director of Baldur's Gate 3, explained the game's absence from Xbox Game Pass, emphasizing its value and complete experience without microtransactions. Larian Studios' independence was crucial for the game's development, allowing them to avoid external pressures and maintain the game's integrity. Concerns about Xbox Game Pass potentially diminishing game values are contrasted with Microsoft's claim that the service complements game sales. Sony's reluctance to release major games on PlayStation Plus also raises questions about the financial viability of such services.

Portfolio Pulse from Franca Quarneti

December 18, 2023 | 10:48 pm

AMZN

Amazon's Twitch platform recently updated its content policies to allow certain forms of artistic nudity, including digital depictions like drawings and sculptures, if properly labeled. However, after facing backlash, Twitch CEO Dan Clancy announced a reversal of this policy change, now prohibiting all real and fictional nudity except in Mature-rated games. The reversal does not affect other policy changes related to exotic dancing, body painting, or content focused on clothed body parts.

Portfolio Pulse from Franca Quarneti

December 18, 2023 | 9:42 pm

FOX

FOXA

FOX News Digital reported strong performance for November, with 2.9 billion total multiplatform minutes, 1.7 billion total multiplatform views, and 89 million multiplatform unique visitors.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 9:12 pm