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Marketing

AMC

AMC Entertainment Holdings (NYSE:AMC) CEO Adam Aron dismissed bankruptcy concerns despite the company's shares hitting 52-week lows. Aron remains optimistic about AMC's future, citing creative strategies like concert films and a retail popcorn business. He expects a strong box office in 2025 and 2026, despite a predicted decline in 2024. AMC ended 2023 with a cash balance of $885 million, which Aron believes is sufficient to navigate through 2024.

Portfolio Pulse from Chris Katje

April 10, 2024 | 2:42 pm

DAL

Delta Air Lines CEO expressed optimism about the airline's future, stating that Delta's core consumers are in a healthy financial position and prioritize travel. He described the current industry backdrop as the most constructive he has seen in his career.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:16 pm

ACN

Accenture (NYSE:ACN) has acquired Unlimited, an award-winning customer engagement agency, to enhance its CRM and customer relevance capabilities. This acquisition will be integrated into Accenture Song, aiming to leverage generative AI for marketing transformation. Unlimited, known for its expertise in behavioral science and CRM activation, aligns with Accenture Song's data and analytics capabilities. The acquisition is part of Accenture's ongoing investments to drive client growth in a rapidly evolving market.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:11 pm

AAPL

TSLA

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a decline amid $250M in crypto liquidations, with concerns over potential Fed rate cuts. Apple is expanding into Latin America with a new office in Coral Gables. Other highlights include anticipation of US inflation data, political critiques within the US and regarding international relations, and various updates in the tech and electric vehicle sectors, including Apple's growth and Tesla's customer retention.

Portfolio Pulse from Akanksha Bakshi

April 10, 2024 | 1:49 pm

PRGS

Progress (NASDAQ:PRGS) announced new AI capabilities in Progress Sitefinity 15.1, enhancing digital experience delivery with AI-powered conversion propensity scoring, content classification, and customer data modeling. The update also introduces support for ASP.NET Core in .NET 8, offering flexibility and faster deployment for engineering teams. These advancements aim to improve ROI, productivity, and enable personalized digital interactions. Sitefinity, part of the Progress Digital Experience portfolio, has received industry recognition, including being named a Leader in G2's Winter 2024 Grid Report for Digital Experience Platforms.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:04 pm

GOOGL

INFA

Informatica (NYSE:INFA) has expanded its partnership with Google Cloud, launching the Master Data Management (MDM) Extension for Google Cloud BigQuery at the Google Cloud Next event in Las Vegas. This new solution aims to simplify and accelerate the process of integrating trusted MDM data for analytics and generative AI applications across various industries. The MDM Extension for BigQuery, which is freely available to joint Informatica Cloud MDM and Google Cloud customers, enables rapid development and deployment of customer data platforms and generative AI applications on Google Cloud. Informatica also showcased a new solution integrating its Intelligent Data Management Cloud (IDMC) with Google Vertex AI, BigQuery, and Gemini models for developing enterprise-grade GenAI applications.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:01 pm

PUBM

RBLX

Roblox Corp (NYSE:RBLX) shares increased following reports of intensified efforts to attract advertisers, including a collaboration with PubMatic Inc (NASDAQ:PUBM) to enhance video ad sales. The partnership aims to streamline the ad buying process on Roblox, targeting users aged 13 and older, with realm creators receiving a share of ad revenues. Roblox plans to report its Q1 financial results on May 9, with an expected quarterly loss of 53 cents per share and revenue of $922.977 million.

Portfolio Pulse from Adam Eckert

April 10, 2024 | 1:01 pm

PUBM

RBLX

Roblox is intensifying its efforts to attract advertising revenue by partnering with ad-tech firm PubMatic to facilitate the sale of video ads displayed on virtual billboards within its platform, which boasts over 71 million daily users. This strategic move aims to diversify Roblox's revenue streams amid a broader tech industry trend of seeking additional income through advertising.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:00 pm

OST

Ostin Technology Group Co., Ltd. (NASDAQ:OST), a leading supplier of display modules and polarizers, announced the commencement of operations of its US subsidiary, Pintura.Life LLC, in San Francisco. This move is part of its strategy to expand into the North American market with its Pintura products. The company launched a crowdfunding campaign on Indiegogo for Pintura, aiming to introduce it to a broader U.S. and North American audience. The San Francisco presence is seen as a strategic step to leverage local talent and market opportunities in North America.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:35 pm

AMZN

TOON

Kartoon Studios has announced the launch of a Stan Lee storefront on Amazon.com, expanding its merchandise offerings related to the iconic comic book creator. This move is expected to enhance Kartoon Studios' brand visibility and potentially increase sales through Amazon's vast customer base.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:34 pm