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LULU

Lululemon Athletica Inc. (NASDAQ:LULU) faces a class action lawsuit alleging misleading sustainability claims through its Be Planet marketing campaign. The lawsuit claims Lululemon's greenhouse gas emissions have increased despite its green promises, potentially deceiving consumers into paying a premium for perceived sustainable products.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 11:53 am

CRBG

Corebridge Financial, Inc. (NYSE:CRBG) has renamed its direct-to-consumer life insurance business from AIG Direct to Corebridge Direct. Customers can now visit corebridgedirect.com or call 800-294-4544 for quotes and coverage evaluations.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:05 pm

META

PLTR

Mark Zuckerberg, CEO of Meta Platforms Inc., predicts a millennial president by 2032 and suggests a strategic shift for Meta to resonate more with millennials and Gen-Z. This comes amid several legal challenges for Meta, including lawsuits over children's safety, advertising misrepresentation, and data collection practices.

Portfolio Pulse from Rounak Jain

July 08, 2024 | 11:05 am

VSH

Vishay Intertechnology, Inc. (NYSE: VSH) will showcase its advanced automotive and e-mobility solutions at electronica China 2024. The company will present its latest semiconductor and passive component technologies, including SiC MOSFETs, reference designs, sensors, diodes, capacitors, and resistors. Vishay aims to address the growing demand for advanced electronics in various sectors driven by the EV revolution.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 7:04 am

FUBO

Needham analyst Laura Martin reiterated a Buy rating on FuboTV Inc (NYSE:FUBO) but lowered the price target to $2 from $3. The analyst maintained fiscal year 2024 estimates but revised fiscal year 2025 projections due to increased marketing costs and higher legal costs from a lawsuit against ESPN. Despite these challenges, FuboTV is seen as an inexpensive way for investors to participate in the shift toward OTT and Streaming TV. The company has strong sports-focused marketing, efficient revenue streams, and potential for increased advertising revenue.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2024 | 6:30 pm

SHIBUSD

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), made a public appearance at Japan's largest cryptocurrency conference, IVS Crypto 2024, wearing a Batman-like mask. This event was highlighted by Shiba Inu's marketing lead, Lucie, who shared images on social media.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:01 pm

META

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg recreated his 2021 Fourth of July video, this time with more flair, featuring a tuxedo, a chain necklace, and Meta Ray-Bans while surfing. The video was shared on Facebook and Instagram, and included Bruce Springsteen’s “Born in the USA” as the soundtrack. Zuckerberg also hinted at a new look and discussed his recovery from an ACL tear.

Portfolio Pulse from Ananya Gairola

July 05, 2024 | 3:00 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has introduced a $1,000 discount for military personnel on new EV purchases, excluding the Cybertruck. This initiative, part of the Tesla Military Purchase Program, aims to boost sales amid a decline in deliveries since the start of 2024. The program is also part of Tesla's broader effort to support veterans transitioning to civilian life.

Portfolio Pulse from Anan Ashraf

July 05, 2024 | 3:00 pm

AAPL

AMZN

AVGO

NVDA

QQQ

SMCI

TLRY

TSLA

WAY

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:13 pm

TSLA

Ben Smith, co-founder and editor-in-chief of Semafor, commented on CNBC's 'Last Call' that Tesla's sales are declining, potentially due to CEO Elon Musk's political stance. Despite being an amazing company, Tesla is not selling as many cars as it used to, and competitors are faring better in the EV industry. Musk's controversial social media posts and political leanings may be driving some buyers away.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 12:57 pm