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Marketing

CURLF

Curaleaf Holdings, Inc. has started adult use sales at its Manchester, Connecticut location, making it the company's fourth dispensary in Connecticut to commence such sales. The company offers a variety of products and a rewards program for customers. Curaleaf will continue to prioritize medical patients at each of its Connecticut locations. The company will celebrate the launch with a ribbon-cutting ceremony, prizes, giveaways, and discounts on August 25.

Portfolio Pulse from Vuk Zdinjak

August 21, 2023 | 12:47 pm

KHC

Kraft Heinz Company (NASDAQ:KHC) plans to offer Lunchables to school cafeterias across the U.S. this fall as part of its marketing strategy. The company sees the education food service sector as a $25 billion potential. However, the move has been scrutinized due to potential nutritional issues. Kraft Heinz is focusing on improving its food-service division and has launched new versions of its Lunchables products to comply with federal guidelines.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2023 | 12:44 pm

AAPL

GOOG

GOOGL

META

Elon Musk's rebranding of Twitter to X has led to a significant drop in the app's ranking and downloads on Apple Inc.'s App Store and Alphabet Inc.'s Google Play Store. The app's rank fell from 24th to 64th on the App Store following the rebranding announcement. The decision to replace the Twitter bird with an 'X' may have further worsened the situation.

Portfolio Pulse from Rounak Jain

August 21, 2023 | 9:21 am

TSLA

Tesla's Cybertruck has been spotted in Iceland, possibly for a video shoot, according to unverified social media posts. This follows sightings of the vehicle in New Zealand for winter testing. The sightings have increased anticipation for the vehicle, whose delivery date has not yet been announced. Tesla CEO Elon Musk has confirmed that high-volume production of the Cybertruck will commence next year.

Portfolio Pulse from Anan Ashraf

August 21, 2023 | 3:26 am

DIS

MSFT

NVO

Rumors about Kim Kardashian using Novo Nordisk's weight-loss medicine Ozempic have been denied by the celebrity. However, comedian Tracy Morgan openly admitted to using the drug for his weight loss journey. Other news includes the impact of Hurricane Hilary on the Writers Guild of America's picket line, an offer made to striking SAG-AFTRA actors by Walt Disney's chief Bob Iger, and Microsoft's plan to close the Xbox 360's online store in 2024.

Portfolio Pulse from Anthony Noto

August 20, 2023 | 11:01 pm

GOOG

GOOGL

Google has criticized a report by Adalytics that accuses the company of displaying inappropriate ads to children. Google called the report 'flawed and uninformed'.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 5:55 pm

AMZN

BABA

GOOG

GOOGL

WMT

Amazon is enhancing its social commerce capabilities by inviting influencers to create videos for its shopping platform. However, the compensation offered is below market rates. Amazon's new platform, Inspire, allows users to buy featured products instantly, similar to social media platforms. This move comes as TikTok strengthens its e-commerce capabilities. Amazon's challenge is to create content that can compete with TikTok's established expertise.

Portfolio Pulse from Anusuya Lahiri

August 18, 2023 | 11:36 am

AAPL

MSFT

Apple Inc. is known for its product placement strategy, often placing iPhones and MacBooks in TV shows and movies. The company aims to associate its products with positive characters, hence heroes are often seen using iPhones. A 2021 report found that in about 74 episodes of Apple TV+, characters used around 300 iPhones, 120 MacBooks, and 40 pairs of AirPods. Product placement also extends to mentions of buying Apple stock in some shows. Microsoft Corporation's Bing is another example of product placement.

Portfolio Pulse from Ananya Gairola

August 18, 2023 | 9:25 am

BUD

Bud Light, a beer brand of Anheuser-Busch InBev (NYSE:BUD), is regaining popularity among American consumers, according to a Deutsche Bank survey. The brand faced a conservative backlash due to its partnership with transgender influencer Dylan Mulvaney, which led to a drop in sales and the brand losing its top spot as the best-selling beer in the US. However, Deutsche Bank believes the improvement in sentiment towards Bud Light is a trend and not just volatility. The bank reiterated a 'buy' target for Anheuser-Busch stock and expects it to rise 27% to around $71 a share.

Portfolio Pulse from Benzinga Neuro

August 18, 2023 | 4:28 am

MATICUSD

McDonald's Singapore is offering 2,000 free NFT collectibles featuring Grimace, each with unique expressions and accessories. The NFTs are based on Polygon (CRYPTO: MATIC) and can be claimed through the McDonald's mobile app in Singapore. The NFTs are 'soulbound' tokens, meaning they cannot be transferred or sold once minted. Owners of the Grimace NFTs will be granted special privileges and access to exclusive treats in the future.

Portfolio Pulse from Mehab Qureshi

August 17, 2023 | 11:24 am