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Marketing

PENN

PENN Entertainment has entered into a partnership with the National Hockey League (NHL) to make its online sports betting brands, ESPN BET and theScore Bet, the official sports betting partners of the NHL. This collaboration is expected to enhance PENN's visibility and customer engagement by associating with the NHL's brand and fan base.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:32 pm

WKHS

Workhorse Group has expanded its dealer network to eight partners across the United States, aiming to enhance its distribution and service capabilities for customers. This expansion is part of the company's strategy to increase its market presence and improve customer service.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:32 pm

SOPA

Society Pass Incorporated (SoPa) (NASDAQ:SOPA), through its online travel platform NusaTrip, has announced a strategic partnership with Vietnam-based VNTravel Group. This collaboration will allow NusaTrip to offer regional and international flights and hotels to VNTravel's customers in Vietnam. VNTravel, a leading travel technology company, provides access to over 30,000 premium accommodations and partners with more than 200 global airlines. The partnership aims to capitalize on Vietnam's strong post-pandemic tourism recovery and the expected growth in digital sales. It will enable NusaTrip to expand its footprint in Southeast Asia and improve the booking experience for Vietnamese customers.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:19 pm

GBTC

MSTR

Andrew Tate compared Michael Saylor's responsible business practices at MicroStrategy with Sam Bankman-Fried's fraudulent activities at FTX. Tate highlighted Saylor's net-benefit approach to business, contrasting it with Bankman-Fried's 0-benefit strategy, which led to his conviction on fraud charges. Tate also discussed the potential SEC approval of a Bitcoin ETF, mentioning several contenders for the ETF including Grayscale, Ark/21 Shares, Bitwise, BlackRock, VanEck, WisdomTree, Valkyrie, Invesco Galaxy, and Fidelity Wise Origin.

Portfolio Pulse from Mehab Qureshi

November 29, 2023 | 12:04 pm

GOOG

GOOGL

META

SNAP

Meta Platforms, Inc (META) is enhancing its election safeguards for the 2024 elections across major democracies. The company has invested $20 billion in safety and security since 2016, employing 40,000 personnel. Meta's strategy includes advanced AI, an extensive fact-checking network, transparency around political ads, and a one-week block on new political ads before U.S. elections. Alphabet Inc (GOOG, GOOGL) and Snap Inc (SNAP) have also taken steps to prevent misinformation, with Google introducing AI ad tools and Snap barring political ads. META shares closed 1.28% higher at $338.99.

Portfolio Pulse from Anusuya Lahiri

November 29, 2023 | 11:53 am

GM

GM CEO Mary Barra is scheduled to appear on CNBC at 9:15 AM ET, potentially discussing company strategies, performance, and future plans.

Portfolio Pulse from Charles Gross

November 29, 2023 | 11:35 am

AMZN

Amazon has introduced a new AI chatbot named Q, aimed at challenging Microsoft and Google in the productivity software domain. Q is designed for business operations and is currently in a preview version, with a full version costing $20-$25 per user per month. It will assist with AWS capabilities and troubleshooting, and can be integrated with apps like Salesforce's Slack and developers' text-editing applications.

Portfolio Pulse from Benzinga Neuro

November 29, 2023 | 11:25 am

CVNA

Carvana, an online used car retailer, has expanded its same-day delivery services to residents of Central Florida, enhancing the convenience for customers in the region and potentially increasing the company's market penetration.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:02 am

AAPL

Apple Music's most-streamed songs of 2023 list is described as 'more global than ever', featuring a mix of international and regional artists. Morgan Wallen's 'Last Night' leads the list, with other top artists including Miley Cyrus, SZA, Drake, and Taylor Swift. The list showcases the impact of social media in promoting diverse global music, with Apple offering various playlists on its app and website to highlight these songs.

Portfolio Pulse from Rounak Jain

November 29, 2023 | 10:13 am

AAPL

DIS

IBM

META

MTCH

WBD

Elon Musk responded to brands leaving his social media platform X after a report showed Instagram, owned by Meta Platforms Inc. (META), displaying sexualized content of minors. Brands like Apple Inc. (AAPL), Walt Disney Co. (DIS), IBM, Warner Bros. Discovery (WBD), and Washington Post have stopped advertising on X following Musk's controversial posts. Match Group Inc. (MTCH) and Bumble are also considering halting ads on Instagram. Over $75 million in ad revenue for X is at risk due to Musk's actions, despite his efforts to mitigate fallout, including an agreement with Israel on Starlink satellites.

Portfolio Pulse from Rounak Jain

November 29, 2023 | 8:43 am