Streetbeat News

Marketing

META

Meta Platforms has announced the launch of WhatsApp channels in India.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:29 pm

KO

Coca-Cola Co (NYSE:KO) has launched a new flavor for its limited-edition beverage line, 'Coca-Cola Y3000', which was created in part by artificial intelligence (AI) for flavor determination and package design. The company used AI to discern suitable flavor pairings and to influence the packaging's aesthetic. This is the first consumer-facing AI product from Coca-Cola, but the company has previously partnered with OpenAI to leverage AI tools for refining their brand and consumer experience.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 4:58 pm

LULU

NKE

Lululemon Athletica Inc (NASDAQ:LULU) reported a 30% sales increase last year, outperforming its initial projections. The company's five-year strategic plan, “Power of Three x2,” focuses on product innovation, enhancing the guest experience, and expanding the market. Lululemon is also dealing with brand recognition challenges outside the U.S., U.K., and Australia. The company is focusing on geographical expansion, with a particular emphasis on China. Lululemon and Nike Inc (NYSE:NKE) have both invested in “experiential retail,” providing consumers with more reasons to visit physical stores.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 4:17 pm

NFLX

Netflix Inc's CFO has stated that building an ad business from scratch is not an easy task, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 3:37 pm

CVNA

Carvana Co. (NYSE:CVNA) has adopted the Texas Department of Motor Vehicles' electronic odometer and sales disclosure tool to streamline the car buying process. The tool allows customers to complete their purchases entirely online, eliminating unnecessary paperwork. The company has been serving the Texas market since 2015, assisting almost 200,000 residents in finding their cars. Last month, Carvana launched same-day vehicle delivery in North Carolina.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2023 | 2:34 pm

F

TM

Ford Motor Co has appointed Lisa Materazzo, a Toyota Motor Corporation executive, as its new global chief marketing officer. The move comes as Ford faces a slower-than-expected and costly shift toward electrification of its vehicle portfolio. Ford has been trying to capture the EV market by channeling funds from its traditional combustion engine auto business to its EV transition business. The company's dismal demand growth for EVs led to a fall in shares this summer, despite an increase in FY23 guidance.

Portfolio Pulse from Shivani Kumaresan

September 13, 2023 | 1:14 pm

HSDT

Helius Medical Technologies' Chief Medical Officer, Antonella Favit-van Pelt, is set to present at the Interdisciplinary Association of Neuroscience and Rehabilitation Conference.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:50 am

AAPL

DISH

T

TMUS

VZ

US wireless carriers AT&T, T-Mobile, and DISH Network have launched promotions to attract new subscribers following the launch of Apple's iPhone 15. The promotions include offering the iPhone 15 for free or with discounts of up to $1,000, and even offering complimentary annual upgrades. Verizon is expected to join the competition soon.

Portfolio Pulse from Ananya Gairola

September 13, 2023 | 5:46 am

CMCSA

The latest Morning Consult poll shows President Joe Biden leading against potential 2024 presidential election candidates Donald Trump and Florida Gov. Ron DeSantis. Biden's advantage over Trump is 44% to 42%, a one-point gain for Trump from the previous week. Against DeSantis, Biden leads 43% to 38%. Biden's campaign is planning an advertising blitz during the upcoming NFL season, with ads airing on NBC and Peacock, units of Comcast Corporation (NASDAQ:CMCSA).

Portfolio Pulse from Chris Katje

September 12, 2023 | 11:39 pm

MANU

QCOM

Manchester United has signed a deal with Qualcomm Technologies to feature the Snapdragon brand on the front of the club's shirts from the 2024/25 season. The agreement expands the strategic collaboration between the two entities.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:24 pm