Streetbeat News

Marketing

PRST

Presto's CEO, Krishna K Gupta, appeared on CNBC TV around 2:40 PM ET to discuss the company's AI technology in a special segment.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 6:44 pm

AMZN

CMCSA

DIS

NFLX

Amazon Prime Video mocked Netflix's recent crackdown on password sharing with a meme and a throwback to Netflix's 2017 tweet about sharing passwords. Netflix initiated the crackdown after discovering that over 100 million households globally engage in account sharing.

Portfolio Pulse from Ananya Gairola

May 26, 2023 | 9:21 am

META

Elon Musk praised citizen journalism for breaking media monopolies, highlighting its importance amidst contrasting coverage of Instagram's recent outage and technical issues during Ron DeSantis's Twitter Space event. Musk's Twitter and Meta's Instagram have been pitched against each other for a long time.

Portfolio Pulse from Ananya Gairola

May 26, 2023 | 4:13 am

AI

C3.ai CEO is scheduled to appear on CNBC for an interview, potentially discussing the company's performance and future plans.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:20 pm

RUM

TWTR

Florida Governor Ron DeSantis announced his 2024 presidential bid on Twitter Spaces, with Elon Musk participating. The event faced technical difficulties but attracted over 3.3 million listeners. Twitter and other social media platforms like Rumble (NASDAQ:RUM) are becoming important tools for candidates to reach younger voters.

Portfolio Pulse from Chris Katje

May 25, 2023 | 7:15 pm

UAL

United Airlines is trending on TikTok after a paying first-class passenger was moved to coach to accommodate a crew member. The airline refunded the price difference and offered each customer a $1,500 certificate for future travel.

Portfolio Pulse from Melanie Schaffer

May 25, 2023 | 6:22 pm

BUD

Bud Light, a brand of Anheuser-Busch Inbev SA (NYSE:BUD), pledged to buy back expired beer from wholesalers in response to a boycott triggered by a controversial promotional campaign featuring transgender influencer Dylan Mulvaney. Bud Light sales volume dropped by over 28% in the second week of May compared to the same period last year.

Portfolio Pulse from AJ Fabino

May 25, 2023 | 5:36 pm

UAVS

AgEagle Aerial Systems announced that their eBee TAC and eBee VISION drones are in Latvia for an event organized by BELSS, the largest defense integrator in the Baltic region. The drones provide real-time situational awareness.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:24 pm

NVS

Sandoz, a unit of Novartis, announced that the European Medicines Agency (EMA) has accepted the marketing authorization applications for proposed biosimilar denosumab for regulatory review.

Portfolio Pulse from Charles Gross

May 25, 2023 | 8:47 am

BUD

TAP

Bud Light is facing backlash over its promotion with transgender influencer Dylan Mulvaney, resulting in a 25% drop in sales and increased demand for rival beers like Coors Light and Miller Lite. Molson Coors, the parent company of Coors Light and Miller Lite, may face supply shortages due to the increased demand.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 4:56 pm