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LWAY

Lifeway Foods, Inc. (NASDAQ:LWAY) plans to increase cheese production and invest in technology to cut production time by more than half. The company is also implementing new automation and efficiency plans to meet future demand and potential distribution opportunities. This comes as Lifeway Farmer Cheese gains popularity, with 'blended cottage cheese' recipes garnering over 320 million views on TikTok. Lifeway Foods Farmer Cheese is now available nationwide.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 5:13 pm

AMZN

WMT

John and Roman Cresto, who claimed to be successful e-commerce consultants, are under scrutiny for alleged deceit and misrepresentation. Their company, Empire Ecommerce, charged clients hefty amounts to manage their online stores on Amazon and Walmart, but most of these stores hardly made any sales and were eventually suspended or terminated due to policy violations. The Cresto brothers allegedly pocketed over $22 million from their clients. The Federal Trade Commission has launched a lawsuit to halt their operations.

Portfolio Pulse from Anusuya Lahiri

August 23, 2023 | 4:53 pm

ANF

Abercrombie & Fitch CEO Fran Horowitz appeared on CNBC to discuss the impact of the retail footprint on brick and mortar businesses.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 3:22 pm

KSS

Kohls Corp's CFO has reported that customers are returning to physical stores, and the elimination of online-only promotions in Q2 has impacted sales as expected.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:28 pm

QUOT

Quotient Technology Inc. (QUOT) has launched a new brand safety capability for digital out-of-home (DOOH) campaigns. This new feature allows advertisers to ensure their physical-world advertisements are in brand-safe environments, maximizing campaign targeting.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:11 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is offering a $500 rebate on new Powerwall installations until October 31, 2023. The Powerwall is an integrated battery system that stores solar energy for backup. To avail of the offer, customers must install their Powerwall between June 15 and October 31, and register it on the Tesla app. Customers in Puerto Rico, U.S. Virgin Islands, Guam and Saipan are eligible for the offer.

Portfolio Pulse from Anan Ashraf

August 23, 2023 | 7:41 am

DOGEUSD

META

Elon Musk, owner of X (formerly Twitter), has highlighted the importance of 'truth' and Community Notes in a comparison post against Instagram, owned by Meta Platforms Inc. (NASDAQ:META). A graphic designer at Dogecoin (CRYPTO: DOGE) raised concerns about a misleading sponsored ad on X, which was also promoted on Instagram without fact verification. Musk responded positively to the ad being flagged on X, emphasizing the importance of truth in advertising. This incident adds to the ongoing rivalry between Musk and Mark Zuckerberg, CEO of Meta.

Portfolio Pulse from Ananya Gairola

August 23, 2023 | 6:09 am

PTON

Peloton is initiating a new strategy to partner with colleges, starting with a co-branding deal with the University of Michigan. The deal will see Peloton bikes being brought to football sidelines.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 7:04 pm

RUM

Donald Trump Jr. announced that he will be live from Milwaukee for pre and post debate analysis at the Rumble Debate Studio.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 5:27 pm

IKT

Inhibikase Therapeutics' President and CEO, Milton Werner, is set to deliver two oral presentations at the International Congress of Parkinson's Disease and Movement Disorders. The company's involvement in this event could potentially influence its visibility and reputation in the medical and investment communities.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:09 pm