Streetbeat News

Marketing

UBER

Uber Technologies Inc (NYSE:UBER) introduces Robot Reindeers for food deliveries and store pickups this Christmas. The service will be available in select U.S. cities, with robot reindeer delivering food in Los Angeles, Miami, and Fairfax. Uber Connect will facilitate store pickups in 1700 cities, and Uber Charter will offer festive buses in major cities. Additionally, a 'Grinchmas kit' will be sold to Uber Eats members for $49.99 starting Dec. 12. The National Retail Federation's survey suggests that despite inflation, holiday spending remains important, indicating potential high demand for Uber's services.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 8:49 am

WU

Western Union is expanding its retail network in Europe by opening 100 concept stores and company-owned hubs, aiming to enhance customer experience and promote financial inclusion.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:13 am

AAPL

DIS

NFLX

VZ

WBD

Verizon Communications Inc. (NYSE:VZ) is offering a new bundle including Netflix and Max for $10 a month, a discount of $7 from their combined individual subscription costs. The bundle is available to Verizon myPlan customers, with the cheapest plan starting at $75 per month. The offer also includes a Disney bundle for $10 and an option for a comprehensive package with Netflix, Max, Disney Plus, Hulu, and ESPN for $20 per month. Verizon's myPlan also offers options with Apple Inc.'s (NASDAQ:AAPL) One subscription and a Walmart+ membership.

Portfolio Pulse from Rounak Jain

December 06, 2023 | 4:17 am

GOOG

GOOGL

Google has announced a holiday season deal on the Pixel 8 Pro, offering a $200 discount plus an additional $700 cashback for Google Fi subscribers, effectively pricing the phone at $99. The Pixel 8 Pro features a 6.7-inch OLED display, camera upgrades including a 50MP primary camera, and a 5,050mAh battery with fast charging.

Portfolio Pulse from Rounak Jain

December 06, 2023 | 4:12 am

TSLA

Elon Musk, CEO of Tesla Inc, has claimed that the Cybertruck is safer for both occupants and pedestrians. Musk responded to concerns about the vehicle's safety for pedestrians by expressing high confidence in its safety features. The Cybertruck, with a steel exterior and shatter-resistant armor glass windows, has been demonstrated to withstand various firearm impacts. Tesla has started delivering the Cybertruck and aims to deliver approximately 250,000 units annually by 2025. The vehicle's pricing starts at $60,990, with the premium Cyberbeast model starting at $99,990.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 3:02 am

DIS

TSLA

Elon Musk, CEO of Tesla Inc, has intensified his conflict with Walt Disney Co by criticizing the company's decision to suspend advertisements on his social media platform, X. During an interview with Sandy Munro, Musk expressed his disdain for political correctness and predicted internal challenges for civilizations, hinting at the 2024 election. Disney's ad suspension followed Musk's interaction with an antisemitic post, for which he later apologized. Musk's comments have led to social media trends calling for the cancellation of Disney Plus and Hulu subscriptions, and he foresees a 'meaningful decline' in Disney's future.

Portfolio Pulse from Chris Katje

December 06, 2023 | 12:14 am

CX

Cemex, a global building materials company, has introduced the first fully electric ready-mix concrete truck in the Middle East at COP28 in Dubai. This move aligns with the company's commitment to sustainability and reducing carbon emissions in the construction industry.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 10:25 pm

DIS

Disney (NYSE:DIS) is bringing three previously streaming-exclusive Pixar movies to theaters in 2024 to mitigate the impact of the Hollywood Strike and a lighter movie slate. The films 'Soul,' 'Turning Red,' and 'Luca' will release in January, February, and March respectively. Disney faced box office struggles in 2023, with no film surpassing the $1 billion mark, breaking a streak since 2014, excluding pandemic years. CEO Bob Iger acknowledged potential franchise dilution from increased Disney+ output. Delays in major franchise releases like 'Avatar' and 'Marvel' are also noted, with potential further delays depending on the strike's duration.

Portfolio Pulse from Chris Katje

December 05, 2023 | 9:40 pm

T

AT&T shares are trading higher following the company's presentation at the 2023 UBS Global Media & Communications Conference.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 8:58 pm

AMC

LYV

MAT

MSFT

SPOT

TIME magazine's shortlist for Person of the Year 2023 includes various influential figures such as Taylor Swift, Sam Altman, and Xi Jinping. The list also contains controversial choices like Vladimir Putin. Taylor Swift's success on Spotify and her Eras Tour's impact on Live Nation Entertainment and AMC Entertainment Holdings are highlighted. Sam Altman's OpenAI received significant funding from Microsoft. The Barbie movie's success is a win for Mattel. The winner will be announced by TIME on Wednesday morning.

Portfolio Pulse from Chris Katje

December 05, 2023 | 7:55 pm