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WBD

The Washington Post has joined Apple Inc. and Walt Disney Co. in pulling ads from X, a platform associated with Elon Musk, due to his endorsement of a debunked anti-Semitic conspiracy theory. This could result in a revenue loss of over $75 million for X. Other companies like Warner Bros. Discovery and IBM have also withdrawn their ads. Despite the controversy, Musk remains committed to his principles. X is facing a defamation lawsuit from Media Matters over allegations of ads being displayed next to pro-Nazi content.

Portfolio Pulse from Rounak Jain

November 29, 2023 | 7:11 am

CRWD

CrowdStrike has expanded its presence in Asia by opening a new hub in Singapore. This strategic move aims to enhance the company's ability to serve its customers in the region and capitalize on the growing cybersecurity market in Asia.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:48 am

TSLA

Tesla Inc (NASDAQ:TSLA) has updated its loyalty program, removing the offer of three months of free Full Self-Driving (FSD) capability for existing North American Tesla owners purchasing a new Model Y or 3. Instead, these customers will now receive 10,000 credits and 6 months of free supercharging. The change comes after concerns about the high cost of FSD, which is priced at $12,000. Tesla had previously provided a one-time FSD transfer amnesty, which ended in September. New Tesla owners will still receive three months of free FSD to experience its features.

Portfolio Pulse from Anan Ashraf

November 29, 2023 | 4:18 am

AAPL

At the Gotham Awards, Robert De Niro's speech criticizing former President Donald Trump was allegedly censored, and De Niro implied that Apple Inc. (AAPL), the distributor of his film 'Killers of the Flower Moon', was responsible. Apple has not commented on the accusation. The incident could affect decisions on De Niro's involvement in future promotions for the film, which is a significant investment for Apple and has grossed over $151.9 million worldwide.

Portfolio Pulse from Chris Katje

November 29, 2023 | 12:22 am

AAPL

AMZN

CMCSA

GOOG

GOOGL

Taylor Swift's 'Eras Tour' concert film, which has been successful at the box office, will be available for on-demand streaming starting December 13, coinciding with her birthday. The film will feature three additional songs not included in the theatrical release. It will be available on platforms such as AppleTV, Prime Video, Xfinity, Google Play, and YouTube. The film has grossed nearly $250 million worldwide, and there is speculation about which platform will eventually stream it for free to subscribers.

Portfolio Pulse from Chris Katje

November 28, 2023 | 11:29 pm

DIS

DKNG

PENN

A bettor won a significant parlay bet on a low-scoring NFL game between the Bears and Vikings, which aired on ESPN and featured only one touchdown. The bettor placed a wager with DraftKings Inc (DKNG) on T.J. Hockenson scoring the first and last touchdown. PENN Entertainment's ESPN Bet platform offers bets on players not scoring touchdowns, a potentially profitable option in such games. The Bears won 12-10, and the game's total points were well under the line set by sportsbooks.

Portfolio Pulse from Chris Katje

November 28, 2023 | 11:05 pm

PDD

Chinese e-commerce platform Temu, which is part of Pinduoduo Inc. (PDD), is reportedly planning to purchase multiple Super Bowl advertisements. This move is seen as an aggressive marketing strategy to expand its presence in the US market.

Portfolio Pulse from Charles Gross

November 28, 2023 | 10:23 pm

UBSFF

Ubisoft Entertainment SA is offering a free PC copy of Assassin's Creed Syndicate through Ubisoft Connect until Dec. 6. The game, released in 2015, is known for its traditional gameplay and positive reviews. Ubisoft also plans to end online services for 10 older games by Jan. 25, 2024, due to declining player counts and outdated technology. The list includes several Assassin's Creed titles and Ghost Recon Future Soldier.

Portfolio Pulse from Franca Quarneti

November 28, 2023 | 7:34 pm

NVDA

At the UBS Technology Conference, NVIDIA's CFO announced plans to introduce new products specifically for the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:55 pm

BBW

DLTR

EXPR

ULTA

Leading retail companies Ulta Beauty, Express, Build-A-Bear, and Dollar Tree are set to report quarterly earnings. Ulta Beauty has consistently beaten estimates but faces tough comparisons and a promotional environment. Express's new CEO and management's strategies are in focus, with potential for international expansion and acquisitions. Build-A-Bear is expected to show strong results from store expansions and product offerings. Dollar Tree's value proposition and new pricing strategies are anticipated to drive growth. Analysts have varying ratings and price targets for these companies.

Portfolio Pulse from Chris Katje

November 28, 2023 | 6:32 pm