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Marketing

KR

Kroger has partnered with MidOcean Partners to create MPearlRock, a strategic initiative aimed at introducing emerging consumer packaged goods (CPG) brands to new customers. This collaboration is designed to leverage Kroger's extensive retail presence and MidOcean's expertise in the CPG sector to support the growth and development of innovative brands.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:33 pm

HROW

Harrow Health, Inc. has announced the availability of Vevye, a patented cyclosporine ophthalmic solution for treating dry eye disease (DED) in the U.S. Vevye is unique for its 'water-free' semifulorinated alkane technology and is dispensed in a 10 microliter drop. It is the first cyclosporine-based product to treat both signs and symptoms of DED and comes with a 100% money-back guarantee.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:06 pm

GSQ

GameSquare, through its subsidiary Stream Hatchet, released its annual report on global esports and live streaming trends for 2024. The report highlights a 4% increase in esports viewership year-over-year, totaling 2.76 billion hours watched, with a significant portion through co-streaming channels. It also notes the rapid growth of creator-driven events and the trend of UEFN and creative world-building as a means to connect brands with viewers and creators.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:06 pm

GILT

Gilat Satellite Networks has introduced a new brand identity, featuring a redesigned logo that reflects its global reach and connectivity. The rebranding effort aims to better represent the company's values and market position.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:05 pm

FSR

Fisker Inc. has announced that it will hold the largest owner meetup in the company's history on January 20. This event is expected to bring together Fisker vehicle owners, enthusiasts, and potential customers, showcasing the company's commitment to building a strong community around its brand. The meetup may also serve as a platform for Fisker to share updates on its products and business strategy, potentially influencing customer sentiment and investor interest.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 11:33 am

TSLA

Tesla Inc. (NASDAQ:TSLA) electric vehicles are increasingly featured in Hollywood productions, according to a study by Auto Trader UK reported by Teslarati. The study highlights Tesla's EVs, especially the Model S, as the most prevalent in films, TV series, and music videos, despite Tesla's lack of traditional advertising. The Model S leads with 419 appearances, followed by the Model 3, Model X, and the original Roadster. Tesla's CEO Elon Musk's own appearances in media and an upcoming biopic are expected to boost Tesla's visibility further.

Portfolio Pulse from Benzinga Neuro

January 11, 2024 | 11:13 am

QCOM

SSNLF

Samsung Electronics Co Ltd. (OTCPK: SSNLF) has partnered with Marvel Studios to promote its new 'Galaxy AI' feature, set to launch with the Galaxy S24 series on Jan. 17. The feature was teased with a Las Vegas Sphere display showing Doctor Strange. The Galaxy S24 will use Qualcomm Inc.'s (NASDAQ: QCOM) Snapdragon 8 Gen 3 chipset. Samsung is offering a $50 credit for reservations and up to $970 in trade-in discounts for the Galaxy S24, totaling $1,020 in potential savings.

Portfolio Pulse from Rounak Jain

January 11, 2024 | 10:23 am

ARKB

BLK

Ark Invest, led by Cathie Wood, has teased potential investors about its Bitcoin ETF in partnership with 21Shares, following SEC's nod for its application. The firm is offering a fee waiver for the first six months or until the fund reaches $1 billion in AUM, with a reduced expense ratio of 0.21% thereafter. BlackRock has also cut fees for its iShares Bitcoin Trust to compete in the market. The SEC's decision on the Spot Bitcoin ETF approval is highly anticipated.

Portfolio Pulse from Mehab Qureshi

January 11, 2024 | 7:48 am

MCD

McDonald's Corp (NYSE:MCD) is reintroducing the Double Big Mac nationwide on January 24 with improvements such as softer buns, a better sear, more sauce, and improved cheese melting. The CEO, Chris Kempczinski, sees this as a way to fulfill a promise for larger burgers without extra staff effort, using existing ingredients. Despite potential headwinds from Middle East conflict and misinformation, McDonald's aims to offer value with this limited-time product. McDonald's stock closed 1.1% higher at $294.09 before the announcement.

Portfolio Pulse from Benzinga Neuro

January 11, 2024 | 7:14 am

BA

TSLA

UAL

Elon Musk has been criticized by civil rights groups for suggesting that diversity hiring at Boeing (BA) and United Airlines (UAL) compromises air travel safety. The NAACP and National Urban League condemned Musk's comments, which linked the Boeing 737 Max 9 safety issues to DEI initiatives. Musk, CEO of X (formerly known as Twitter), has also faced backlash for promoting hate speech and white supremacist theories on the platform. The European Union is investigating X's content moderation policies. Allegations of racial harassment at Tesla (TSLA), another Musk-led company, were also highlighted by the National Urban League.

Portfolio Pulse from Benzinga Neuro

January 11, 2024 | 7:09 am