Streetbeat News

Marketing

AAPL

AMZN

GOOG

MSFT

TSLA

WMT

A study by TradingPedia, using Brand Finance's 'Royalty Relief' method, ranked the top 500 most valuable brands globally in 2023. Amazon (AMZN) leads the list with a brand value of $299.28 billion, followed by Apple (AAPL) at $297.51 billion, and Alphabet's Google (GOOG/GOOGL) at $281.38 billion. Microsoft (MSFT), Walmart (WMT), and Tesla (TSLA) were also in the top 10, with Verizon (VZ) ranking eighth.

Portfolio Pulse from Surbhi Jain

December 21, 2023 | 2:03 pm

TGL

Treasure Global has launched 10 mini-games in ZCITY 3D World, powered by its Artificial Intelligence Game Creator. This move aims to tap into the growing global gaming market, projected to generate $212.4 billion in revenue by 2026. The mobile gaming market, where ZCITY's mini-games are positioned, is expected to contribute $92.6 billion. The online gaming market saw a 9.8% growth in 2023. The AI-powered mini-games are expected to enhance user experience and provide new revenue streams through in-game purchases and AI-driven marketing. Treasure Global's CEO, Sam Teo, believes this integration aligns with the market's growth and positions ZCITY as a leader in AI-enhanced entertainment.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 1:42 pm

AAPL

BNP

HSBC

SNE

TSLA

The Shiba Inu burn rate has surged by 28,000%, with 6 million SHIB burned. Sony anticipates a $1.5 billion loss from Microsoft's acquisition of Activision Blizzard. A majority supports Trump's disqualification in Colorado. Solana's meme coin BONK has dropped over 40% from all-time highs. Bitcoin obituary count is at a decade low. Elon Musk's X may allow Dogecoin payments. Micron reports upbeat sales. Investor sentiment shifts to 'greed'. Apple reveals iOS 18 code with four new iPhone models. Sony's PlayStation 5 sales hit 50M despite supply issues. Tesla looks for a Nordic public policy expert. Toyota recalls 1M vehicles in the US. Meta is concerned about the Indian telecom bill's impact on WhatsApp. Boeing is set to restart 737 MAX deliveries in China. Citigroup is closing its global distressed-debt business, and HSBC and BNP may face fines in South Korea.

Portfolio Pulse from Akanksha Bakshi

December 21, 2023 | 1:31 pm

NFTG

The NFT Gaming Company, Inc. (NFTG) has launched its fourth game, Jigsaw Puzzle AI, on both Android and iOS platforms. The game, which features artificial intelligence and Web 3.0 elements, allows players to assemble an endless array of pictures into jigsaw puzzles and create custom puzzles using AI. It is part of the Gaxos platform, where users can create avatars in the form of NFTs that are playable across all games on the platform.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 1:15 pm

BABA

PDD

Alibaba Group Holding Limited (NYSE:BABA) is experiencing a positive stock movement following the appointment of Eddie Wu as the head of its core Chinese e-commerce platforms, Tmall and Taobao. The change is part of Alibaba's strategy to address challenges and competition, particularly from PDD Holdings Inc (NASDAQ:PDD). Alibaba is refocusing on its cloud and e-commerce sectors, with potential sales of non-core assets ahead. Freshippo, Alibaba's supermarket chain, is adjusting its strategy to enhance price competitiveness amid a shift in China's middle-class spending habits. BABA shares were up 1.99% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

December 21, 2023 | 12:21 pm

APCX

AppTech Payments Corp. has engaged CORE IR for investor relations and shareholder communications services to enhance its visibility and outreach to the investment community.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:11 pm

ACN

Accenture has agreed to acquire Jixie, an Indonesian media and marketing technology company. Jixie's intelligent digital marketing platform will enhance Accenture Song's marketing transformation capabilities, aiming to provide Indonesian businesses with more efficient and effective marketing solutions for sustainable growth. The deal's terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 6:24 am

AMZN

Jeff Bezos, co-founder of Amazon (NASDAQ:AMZN), discussed the company's unique 'silent start' meeting strategy with computer scientist Lex Fridman. This approach, in place since 2004, involves 30 minutes of silent reading to replace PowerPoint presentations, aiming to enhance comprehension and critical thinking. Bezos criticizes PowerPoint for being persuasive rather than informative and believes the silent start leads to more effective decision-making and discussions.

Portfolio Pulse from Benzinga Neuro

December 21, 2023 | 5:10 am

NKE

Nike Inc (NYSE:NKE) is set to report Q2 earnings after market close Thursday, with expected revenue of $13.427 billion, slightly higher than the previous year's $13.315 billion. EPS is anticipated at 84 cents, down from 85 cents a year ago. Analysts have a positive outlook, with several raising their price targets and maintaining Outperform ratings, citing inventory improvements, innovation, and easing comparisons. Growth in China and margin expansion are key factors, while North American challenges and promotional activities are concerns. The report may also address holiday sales, inventory levels, international sales, and sports events' impact on growth.

Portfolio Pulse from Chris Katje

December 20, 2023 | 8:58 pm

ARKK

Cathie Wood announced on Twitter her anticipation of joining Elon Musk on X Spaces to discuss topics ranging from AI to space. She invited followers to submit questions for the event.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 5:39 pm