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Marketing

CVNA

Carvana has expanded its same-day delivery service to customers in the Dallas-Fort Worth area, aiming to enhance the car buying experience by providing faster delivery options.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:03 am

AAPL

SONY

Sony Group Corp. is offering PlayStation 5 owners a free six-month subscription to Apple Music as a Black Friday deal. This offer applies to new and returning subscribers of Apple Music, with new subscribers receiving six months and returning subscribers getting five months free. The promotion is available until November 15, 2024, and requires an Apple ID and a PSN account to redeem through the Apple Music app on PlayStation 5.

Portfolio Pulse from Rounak Jain

November 16, 2023 | 10:44 am

TSLA

Tesla Inc (NASDAQ:TSLA) has launched its first official advertising campaign on YouTube, highlighting the safety of its vehicles. Tesla's Vice President of Vehicle Engineering, Lars Moravy, emphasized the company's claim of making the safest cars on the planet. The ad points out Tesla's unique position of having over a million fully instrumented cars on the road, providing valuable data for vehicle design. This move marks a shift from Tesla's previous no-advertising policy, as Elon Musk had expressed openness to advertising earlier in May to increase awareness of Tesla's features.

Portfolio Pulse from Anan Ashraf

November 16, 2023 | 8:58 am

TGT

Target Corporation (NYSE:TGT) has announced a week-long Black Friday sale from Nov. 19 to Nov. 25, offering significant discounts across various categories. Shoppers can expect up to 50% off on tech, video games, and toys, up to 40% off on apparel and accessories, and numerous deals on groceries and essentials.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 8:02 am

ALGT

Allegiant (ALGT) has announced the launch of twelve new nonstop routes to popular vacation destinations, starting in Spring 2024. The expansion will increase network options in 22 cities. To promote these routes, Allegiant is offering promotional one-way fares starting at $49.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 7:27 am

GOOG

Google Bard, Alphabet Inc.'s AI chatbot, is now available for teens with added safety features, or 'guardrails,' to ensure safe usage. The chatbot offers educational tools like solving math problems and generating graphs, and is trained to avoid inappropriate content for young users. This initiative aligns with the trend of teens using AI for academic purposes, despite concerns about its impact on learning and previous accuracy issues with Google Bard.

Portfolio Pulse from Ananya Gairola

November 16, 2023 | 7:14 am

F

TSLA

Elon Musk, CEO of Tesla Inc, described the Cybertruck as 'alien technology' in response to a video comparing its offroad capabilities with Ford's F-150 Lightning. Both vehicles were shown handling muddy terrain in a video. Ford CEO Jim Farley highlighted the F-150 Lightning's performance with a video captioned 'F-150 Lightning does it all.' Despite Musk's previous praise for Ford's EV strategy, Ford's electric vehicle sales have dropped by 46% from the previous year. The first Cybertruck deliveries are expected on Nov. 30 at Gigafactory Texas, but details on performance and pricing remain undisclosed.

Portfolio Pulse from Anan Ashraf

November 16, 2023 | 6:18 am

TTWO

Take-Two Interactive Software Inc's CEO Strauss Zelnick proposed a new algorithm for video game pricing based on the length and engagement of a game during a financial call. The algorithm would calculate the cost of a game by considering the per-hour value multiplied by the anticipated play hours and the perceived value of ownership. Zelnick noted that while gamers get great deals from extensive play, publishers lack direct control over retail prices, which could complicate the implementation of this pricing strategy. The impact on the price of the upcoming Grand Theft Auto 6 (GTA 6) was not specified, but it could be higher if the algorithm is applied.

Portfolio Pulse from Franca Quarneti

November 15, 2023 | 11:06 pm

XRT

Historical data shows that the S&P 500 typically experiences gains during November, ranking as the third-best month with an average increase of 0.88%. Specifically, Thanksgiving week has shown an average gain of 0.54% over the last 50 years, with a 68% chance of positive returns. The SPDR S&P Retail ETF (XRT) has seen an average gain of 1.72% during this period. However, investors are cautioned not to rely solely on Black Friday sales as an indicator of Q4 performance.

Portfolio Pulse from Piero Cingari

November 15, 2023 | 10:02 pm

MSFT

WBD

Microsoft Corp. (NASDAQ:MSFT) has launched a promotional campaign featuring an edible chocolate Xbox controller and a Willy Wonka-themed Xbox Series X to align with the upcoming 'Wonka' film produced by Warner Bros Discovery Inc (NASDAQ:WBD). The bundle includes a traditional controller and themed chocolates, with fans able to win it through an Xbox sweepstakes. Microsoft is known for creating unique controllers, including environmentally friendly versions.

Portfolio Pulse from Franca Quarneti

November 15, 2023 | 8:02 pm