Streetbeat News

Marketing

CCL

RCL

Royal Caribbean Cruises Ltd. (NYSE:RCL) has built the world's largest cruise ship, the Icon of the Seas, which will set sail from Miami with week-long cruises to the eastern Caribbean. The ship features unique amenities, including eight neighborhoods, an Aquadome, and various entertainment options. Despite the debate on social media regarding its environmental impact and symbolism of 'late-stage capitalism,' the ship offers affordable vacation options starting at $1,700 per week. RCL's stock has risen over 53% since October and 423% since its COVID-19 low, while Carnival Corp. (NYSE:CCL) has seen less growth, remaining stagnant since April 2020.

Portfolio Pulse from Caleb Naysmith

January 22, 2024 | 4:02 pm

RL

Ralph Lauren CEO Patrice Louvet appeared live on CNBC to discuss the company's strategies in the Chinese market and the impact of artificial intelligence on their business. Louvet's insights are particularly relevant as China is a significant market for luxury brands, and AI is increasingly becoming a critical factor in retail for personalization and supply chain optimization.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:31 pm

DOGEUSD

FLOKIUSD

TSLA

Dogecoin (DOGE) and Floki (FLOKI) saw a 12% increase in market activity over the weekend, with trading volumes soaring by 200%. Dogecoin developer Paulo Vidal emphasized Dogecoin's commitment to financial freedom and changing the financial system, highlighting projects aimed at global financial inclusion. The surge in dog-themed tokens is attributed to expectations of growing adoption, spurred by an @xpayments profile on X (formerly Twitter) and Elon Musk's hints at integrating DOGE for payments. Tesla (TSLA) already accepts DOGE for merchandise purchases, and Musk suggested DOGE for Twitter Blue payments.

Portfolio Pulse from Murtuza Merchant

January 22, 2024 | 3:26 pm

RUM

Rumble Inc (NASDAQ:RUM) shares surged after announcing a partnership with Barstool Sports, which will bring Barstool content to Rumble's platform and include marketing and advertising arrangements. The collaboration is expected to leverage Barstool's significant growth and Rumble's appeal to the under-30 demographic, aiming to position Rumble as a leader in video, cloud, and livestreaming services.

Portfolio Pulse from Adam Eckert

January 22, 2024 | 2:31 pm

SONY

Sony Electronics Inc. has announced the continuation of its partnership with SQUARE ENIX for the launch of FINAL FANTASY VII REBIRTH, with Sony BRAVIA XR TVs being the official gaming TV for the game.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:04 pm

TOON

Kartoon Studios (NYSE:TOON) plans to increase content production in 2024, aiming for sustained profitability. Initiatives to boost revenue and streamline operations are cited as key factors. The company's streaming service, Kartoon Channel!, achieved breakeven in 2023 and is expected to be profitable in 2024. New series and movies are in the pipeline, including original IP from Stan Lee Universe. Gregg Goldin, with experience from DreamWorks Animation and Cartoon Network, is appointed as Senior Vice President, Development & Production.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:04 pm

RUM

Rumble (NASDAQ:RUM) has announced a partnership with Barstool Sports, which will allow Rumble users to access all Barstool Sports content, including live streams. Barstool will promote Rumble as their preferred video platform and use Rumble Cloud for cloud services. The partnership includes an advertising arrangement to attract brand advertisers. Barstool Sports has seen significant audience growth, with a 194% increase over three years and 1.6 billion podcast downloads.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:01 pm

CELH

PEP

Celsius Holdings Inc (CELH) shares are recovering after a 12.7% drop on Friday due to a downgrade by BofA Securities. The rebound is attributed to the company's expansion into Canada, the U.K., and Ireland. PepsiCo Inc (PEP) will be the exclusive distributor in Canada, with sales starting this month, while Suntory Beverage & Food will handle sales and distribution in the U.K. and Ireland, expected to begin this year.

Portfolio Pulse from Adam Eckert

January 22, 2024 | 1:50 pm

SPGC

Sacks Parente Golf, Inc. (NASDAQ:SPGC) division Newton Golf Shafts has signed PGA TOUR Champions player Ken Duke to endorse its new Newton Motion Shaft. Duke has already seen success with the shaft, ranking first in driving accuracy at a recent event and achieving impressive finishes in subsequent tournaments. The Newton Motion Shaft features proprietary carbon fiber technology designed to enhance performance with straighter, longer shots and reduced effort. Duke will also collaborate with Newton on product design, offering player insights.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:20 pm

ARQT

Arcutis Biotherapeutics, Inc. has launched ZORYVE topical foam for the treatment of seborrheic dermatitis in the U.S. ZORYVE is the first drug with a new mechanism of action for this condition in over 20 years and is available in pharmacies with strong reimbursement from major pharmacy benefit managers. The product is steroid-free, offers rapid disease clearance, and is well-tolerated. Arcutis will host a conference call to discuss the launch and has programs to support patient access and adherence.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:17 pm