Streetbeat News

Marketing

ADAUSD

BTCUSD

ETHUSD

Cardano (ADA) experienced a significant 8% decline, outpacing Bitcoin (BTC) and Ethereum (ETH) which both fell over 6%. ADA's open interest dropped by 14%, indicating a market outflow. Analyst Ali Martinez signaled a potential short-term correction for ADA. The Cardano community celebrated Ada Lovelace's 208th birthday, and the Cardano Foundation launched a self-sovereign Identity Wallet. Charles Hoskinson's post about his dog Freya inadvertently caused a rally in the Freya NFT project, which he later clarified he was not endorsing.

Portfolio Pulse from Khyathi Dalal

December 11, 2023 | 9:42 pm

MGRX

Mangoceuticals has entered into a marketing agreement with Marius Pharmaceuticals, according to a Dec. 10 SEC 8K filing. The agreement grants Mangoceuticals the rights to use the trademark 'Kyzatrex' for oral testosterone undecanoate softgel capsules and allows them to sell Kyzatrex on their website.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:30 pm

EBAY

Topps, owned by Fanatics, is releasing a 2023 Bowman Draft baseball box featuring rare and autographed cards of NFL legend Tom Brady in a Montreal Expos jersey. Fanatics CEO Michael Rubin announced the inclusion of Brady's 'first-ever official' baseball cards. An anonymous collector has offered a $500,000 bounty for a specific gold autograph card. The release has sparked significant interest in the sports card market, with non-auto cards already appearing on eBay. Odds of pulling a Brady card vary, with autographed versions being particularly rare.

Portfolio Pulse from Chris Katje

December 11, 2023 | 9:24 pm

SAIC

SAIC has announced a realignment of its organization aimed at reducing hierarchy, fostering innovation, expanding business development, and enhancing customer intimacy. This strategic move is designed to streamline operations and improve the company's competitive edge in the market.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:23 pm

DIS

GOOG

GOOGL

NFLX

WBD

The top Google searches for 2023 included events like the war in Israel, natural disasters, and shootings, as well as individuals such as Damar Hamlin and Travis Kelce. Alphabet Inc's Google was the primary search engine used. Netflix's series 'Wednesday' starring Jenna Ortega, and David Beckham's documentary boosted Netflix's visibility. Pedro Pascal's roles in Disney+ and HBO series made him a highly searched individual. Alphabet Inc (GOOG, GOOGL), Netflix Inc (NFLX), Walt Disney Co (DIS), and Warner Bros. Discovery (WBD) are companies mentioned in relation to these searches.

Portfolio Pulse from Chris Katje

December 11, 2023 | 8:43 pm

EBAY

TSLA

Tesla Inc's (NASDAQ:TSLA) Cybertruck reservations are being auctioned on eBay Inc (NASDAQ:EBAY) for high prices, indicating strong demand. Some spots are selling for over $20,000. Tesla's production ramp-up aims for 250,000 units annually by 2025, but early models, like the Foundation Series, may exceed $100,000. Over one million reservations have been made, with third-party estimates nearing two million. Tesla has re-added a clause that could allow them to sue owners who sell the vehicle within the first year, making the sale of reservation spots potentially risky.

Portfolio Pulse from Chris Katje

December 11, 2023 | 8:25 pm

TTWO

The release of the 'Grand Theft Auto VI' trailer has sparked fan speculation about the identity of a bikini-clad character, with many believing she is Lucia, the game's protagonist. Take-Two Interactive Software Inc's (NASDAQ:TTWO) Rockstar Games has not confirmed any details, leading to debates on social media. The game is highly anticipated, with no release date or gameplay specifics yet revealed.

Portfolio Pulse from Franca Quarneti

December 11, 2023 | 7:55 pm

FIVE

TGT

WMT

Telsey Advisory Group (TAG) provided an industry update on Walmart (WMT), Five Below (FIVE), and Target (TGT), rating all three stocks as Outperform with price targets of $185, $220, and $160 respectively. The stores were praised for their festive atmospheres and well-stocked shelves ahead of the holiday season. Walmart's remodeled store in Teterboro, N.J., was highlighted for its holiday cheer and strategic initiatives. Five Below's stores in Clifton and Paramus, N.J., were noted for their value products and new store format, Five Beyond. Target's stores were also holiday-ready with attractive displays and a focus on value offerings, despite concerns about tight consumer spending on discretionary products.

Portfolio Pulse from Surbhi Jain

December 11, 2023 | 7:48 pm

CGC

CRLBF

CURLF

FFNTF

TSNDF

The Benzinga Cannabis Capital Conference (CCC) in 2023 showcased visionaries who have shaped the cannabis industry. Leaders from companies like Phyto Partners, Poseidon Investment Management, Cookies, Grön, Timeless Refinery, Fernway, Advanced Vapor Services, Zuber Lawler LLP, Würk, PharmaCann, Custom Cones USA, 4Front Ventures, Oak Canna & Wellness, MATTIO Communications, Curaleaf Holdings, TerrAscend Corp, and Cresco Labs shared insights on innovation, market strategies, and regulatory challenges. The CCC will return to Florida in 2024, with tickets available at bzcannabis.com. Notable mentions include Martha Stewart's CBD gummy line with Canopy Growth Corp (CGC) and Alexa Alianiello's role in launching cannabis advertising on Twitter.

Portfolio Pulse from Abbey

December 11, 2023 | 6:57 pm

AAPL

CMCSA

DIS

GOOG

MAT

NFLX

WBD

Google, owned by Alphabet Inc, was the go-to search engine for 2023's top sports and entertainment queries. Damar Hamlin topped athlete searches due to his on-field cardiac arrest. Travis Kelce's popularity surged, partly due to his relationship with Taylor Swift. Soccer's global appeal was evident with Kylian Mbappe and Harry Kane being highly searched. Inter Miami CF, with Messi, was the most searched sports team, benefiting Apple Inc's media rights deal with MLS. Jeremy Renner led actor searches after his accident, with Disney's 'Hawkeye' role noted. Netflix's 'Wednesday' starring Jenna Ortega was a hit. 'Barbie' was the most searched movie, a joint venture by Mattel Inc and Warner Bros. Discovery, while 'Oppenheimer' by Comcast's Universal Pictures also saw high interest. 'The Last of Us' from Warner Bros. Discovery's HBO was the most searched TV show.

Portfolio Pulse from Chris Katje

December 11, 2023 | 5:45 pm