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Marketing

META

Citi analyst Ronald Josey reiterated a buy rating on Meta Platforms Inc (NASDAQ:META) with a $385 price target. He noted that Meta's ad loads have increased, and with greater advertiser demand and an improving online advertising environment, Meta is gaining a larger share of the online advertising market. Josey also opened a 90-day Positive Catalyst Watch for Meta, expecting more details about Meta's GenAI plans and results in late October.

Portfolio Pulse from Anusuya Lahiri

September 25, 2023 | 9:06 pm

FOX

Florida Governor Ron DeSantis and California Governor Gavin Newsom have agreed to a televised debate on Fox News, a subsidiary of Fox Corp (NASDAQ:FOX), on November 30. The event is being promoted as a 'red state vs blue state' debate. PredictIt.org, a betting website, currently ranks Newsom and DeSantis as the third and fourth favorites to win the 2024 presidential election, despite Newsom's repeated denial of running for president in 2024.

Portfolio Pulse from Aaron Bry

September 25, 2023 | 7:19 pm

MSA

MSA Safety Inc (NYSE:MSA) has expanded its marketing partnership with the Pittsburgh Penguins' hockey team. The MSA Safety brand will be featured on the team's away-game helmets, starting with the 2023-24 NHL season. The new three-year agreement will have the MSA Safety logo on both sides of the Penguins players' white helmets for all road games through the 2025-26 regular season and playoffs. MSA shares are trading lower by 0.41% at $163.77 on the last check Monday.

Portfolio Pulse from Shivani Kumaresan

September 25, 2023 | 5:12 pm

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Several significant business events have occurred. Ford of Canada has reached a collective agreement with Unifor union, including wage increases and pension improvements. Amazon has invested $4 billion in AI startup Anthropic. PhonePe, backed by Walmart, has launched the Indus AppStore Developer Platform to challenge Google's dominance in India. Goodyear plans to redefine its operational presence in the Asia Pacific region. Pfizer's RSVpreF vaccine has been recommended by the CDC for pregnant people. Mercedes Benz has partnered with Mastercard to introduce in-car digital payments. Novartis plans to spin-off the Sandoz business. Eisai and Biogen's Alzheimer treatment Leqembi has been approved in Japan. Alcoa has appointed William F. Oplinger as President and CEO. TransCode Therapeutics' stock is trading higher after positive results with its therapeutic candidate, TTX-MC138. Tyson Foods and Perdue Farms are under investigation over alleged child labor violations. OpenAI has unveiled a new feature for its ChatGPT application, enabling verbal responses. Apple's iOS 17 update allows users to opt for a search engine other than Google. Austrian Airlines faced backlash for making inaccurate environmental claims.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 2:58 pm

MSA

MSA Safety has expanded its brand marketing partnership with the Pittsburgh Penguins. The company's logo will be featured on the team's away-game helmets for the next three seasons.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 1:31 pm

HRYU

Hanryu Holdings, Inc. (NASDAQ:HRYU) has announced a collaboration with NON Corp. to sell NON's Dr. Clo branded products on Hanryu's FANTOO application. The marketing will be assisted by Hanryu's flagship digital character, DeokGom. NON's Dr. Clo, a disinfectant and deodorizing product, has recorded sales of over 14 million units worldwide. The companies will develop business and product plans, and explore opportunities for product sales and supply.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 1:13 pm

ULTA

Ulta Beauty has announced the launch of The Joy Project in partnership with best-selling author and podcast host Mel Robbins. The initiative aims to inspire and empower individuals to find joy in their daily lives.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 11:17 am

DOGEUSD

Elon Musk has announced plans to retire the birdhouse icon, which represents the 'Home' tab on X (formerly Twitter). The birdhouse will be replaced by the letter 'X', the new identity of the social media platform. This move follows Musk's previous decision to remove the Twitter bird branding from the platform and the company's headquarters. Musk explained that the rebranding reflects the fact that X now offers more than just 140-character posts, including in-line multimedia and hours-long videos.

Portfolio Pulse from Rounak Jain

September 25, 2023 | 7:45 am

META

SNAP

Meta Platforms, Inc. (NASDAQ:META) plans to introduce a series of AI chatbots with distinct personalities across its social media apps to engage a younger demographic. The bots, known as Gen AI Personas, will be unveiled at the Meta Connect conference. They are designed to assist in various tasks and are part of a strategy to compete with platforms like TikTok. Snap Inc. (NYSE:SNAP) has also adopted AI chatbots, engaging 150 million users and enhancing advertising avenues.

Portfolio Pulse from Bibhu Pattnaik

September 24, 2023 | 5:47 pm

AAPL

Apple Inc.'s newly launched FineWoven iPhone cases, marketed as sustainable alternatives to traditional leather cases, have been met with widespread criticism from users and tech reviewers. The cases have been criticized for their susceptibility to scratches, dust accumulation, and a prematurely worn look. Despite Apple's claims that the cases are made from 'durable microtwill' with 68% recycled material, the overall sentiment remains skeptical about the product's long-term durability.

Portfolio Pulse from Bibhu Pattnaik

September 24, 2023 | 4:51 pm