Streetbeat News

Marketing

AMZN

DIS

Disney's Indian arm, Disney Star, is expecting to generate $42.35 million to $48.40 million in ad revenues from the upcoming Asia Cup cricket tournament. They have already signed deals with 17 sponsors and over 100 advertisers, including Coca-Cola, Amazon, and several Indian brands. The tournament will run from August 30 to September 17, 2023.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 29, 2023 | 6:52 am

BUD

STZ

TAP

Anheuser-Busch InBev's Bud Light brand has faced a sales decline and controversy due to its partnership with transgender influencer Dylan Mulvaney. The brand has been boycotted and criticized for being 'woke'. Mulvaney, who recently won the 'Breakout Creator' award, made a joke about the controversy, which could further tarnish the relationship. Anheuser-Busch InBev's sales have fallen drastically, losing market share to rivals like Constellation Brands and Molson Coors Beverage.

Portfolio Pulse from Chris Katje

August 28, 2023 | 6:59 pm

AMZN

Amazon plans to expand its interactive ad offerings in Fall 2023, according to Bloomberg. This move could potentially increase the company's advertising revenue.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 6:51 pm

DATS

DatChat (NASDAQ:DATS) has signed a marketing Memorandum of Understanding with Cloud Water Brands to promote their products within the Habytat Virtual World. The partnership will involve product placements, Interactive 3D displays and NPC advertising. Habytat has also launched its Brand Marketing Partnership Program, making the platform accessible to companies wishing to engage new audiences within the metaverse.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 12:13 pm

APM

ELIQ

LQR

VHNA

Several stocks are experiencing significant pre-market trading movements. Vahanna Tech Edge Acquisition I Corp. (VHNA) rose 48.6% after announcing an additional contribution to its trust account. LQR House Inc. (LQR) shares gained 41.2% following the authorization of a share repurchase program and a marketing partnership with Gold Standard Media. On the other hand, Electriq Power Holdings, Inc. (ELIQ) fell 14% and Aptorum Group Limited (APM) shares fell 13.6% in pre-market trading.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:09 pm

PODD

Insulet has announced the commercial launch of its Omnipod 5 automated insulin delivery system for individuals aged two years and older with Type 1 diabetes in Germany. This marks the product's third market, following its availability in the U.S. and the U.K.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 10:01 am

MCD

McDonald's Japan has announced a new theme for their Happy Set, inspired by the popular manga 'Spy x Family'. The set will include original coloring pages and stickers, with the campaign set to launch on September 1, 2023. This move is seen as another example of McDonald's leveraging popular culture trends to engage with their audience.

Portfolio Pulse from Benzinga Neuro

August 28, 2023 | 3:37 am

FOXA

RUM

The first Republican primary debate for the 2024 election aired on Fox News and was livestreamed on Rumble Inc. Several polls identified Ron DeSantis and Vivek Ramaswamy as the winners of the debate. Nikki Haley also had a strong performance, exceeding expectations and ranking third and fourth in the polls for best debate. The debate was held without former president Donald Trump, who instead released a pre-recorded interview on X.

Portfolio Pulse from Chris Katje

August 27, 2023 | 9:05 pm

DOGE-USD

Elon Musk, CEO of Tesla and SpaceX, has once again taken a jab at Mark Zuckerberg, CEO of Meta Platforms Inc., on social media. However, it is uncertain if the post Musk reacted to was actually authored by Zuckerberg. This incident is the latest in the ongoing rivalry between the two tech giants, which has intensified since the launch of Threads, an alternative to Twitter. Musk acquired Twitter for $44 billion in October 2022.

Portfolio Pulse from Ananya Gairola

August 27, 2023 | 12:37 pm

ANF

ATZAF

Abercrombie & Fitch Co (NYSE:ANF) has seen its stock rise more than 100% this year following a successful rebranding under the leadership of Fran Horowitz. The company has moved away from its previous marketing strategies, which were criticized for discrimination and exclusivity, and now offers more stylish, inclusive clothing. The company's recent earnings report exceeded EPS expectations and raised guidance due to strong growth and demand.

Portfolio Pulse from Aaron Bry

August 26, 2023 | 3:41 pm