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Partnerships

NFLX

Netflix Inc (NASDAQ:NFLX) announced it will exclusively stream a live boxing match between Jake Paul and Mike Tyson on July 20 at the AT&T Stadium. This event marks Netflix's third live sports event, following a live golf event and 'The Netflix Slam' tennis match. The match between Paul and Tyson, described as 'the biggest fight in history,' is part of Netflix's strategy to focus on sports adjacent programming and potentially one-off live events. Netflix shares are up 1% following the announcement.

Portfolio Pulse from Chris Katje

March 07, 2024 | 5:11 pm

CHTR

DIS

Charter Communications, Inc. (CHTR) and The Walt Disney Company (DIS) announced that ESPN+ is now available at no extra cost to Spectrum TV Select Plus customers. This addition enriches Charter's offering with over 30,000 live events and 3,000+ hours of original content from ESPN+, following a similar move with Disney+ earlier. The deal aims to blend linear TV and streaming services, enhancing the value of Spectrum's packages and catering to the evolving viewing habits of sports fans.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:08 pm

BA

UAL

United Airlines is pausing pilot hiring in May and June due to Boeing's delivery delays, impacting the carrier's growth plans. United expected 77 Boeing 737 Max 8 and 9 planes this year but now forecasts receiving only 56. The delays are attributed to production flaws and certification issues with Boeing aircraft, including the Max 10 model, which is yet to be certified. Other U.S. carriers are also slowing pilot hiring due to similar issues and a post-pandemic hiring spree.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:06 pm

NSC

Ancora Holdings Group, LLC, a significant shareholder in Norfolk Southern Corporation (NYSE:NSC), has proposed a new leadership team and directors who aim to enhance the company's safety policies. The proposed changes include a requirement for a two-person crew on every mainline train, which Ancora believes will significantly improve operational safety. The announcement comes with a white paper detailing the analysis and recommendations for improving Norfolk Southern's safety culture.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:05 pm

HPQ

HP Inc. (NYSE:HPQ) announced the launch of the industry's largest portfolio of AI PCs, including new HP Elite PCs and Z by HP mobile workstations, aimed at enhancing productivity and creativity in hybrid work settings. The announcement also includes the AI Creation Center, featuring Z by HP AI Studio co-engineered with NVIDIA NGC libraries, and new Poly Studio solutions for conferencing. Additionally, HP introduced the world's first business PCs designed to protect against quantum computer hacks, highlighting the company's focus on advanced security and AI-driven innovation.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:51 pm

BA

GE

GE's CEO praised Dave Calhoun for his handling of the situation since the Jan. 5 incident, indicating no plans to shift more capacity to Airbus from Boeing. Boeing continues to receive engine deliveries for Max planes at the same rate, as discussed in a conference call.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:49 pm

TPR

Tapestry Inc (NYSE:TPR) has expanded its partnership with Bluecore to include the Kate Spade New York brand, aiming to enhance customer identification, engagement, and retention. This collaboration has already shown positive results for Tapestry's Coach and Stuart Weitzman brands. Tapestry plans to further integrate Bluecore's technology across its digital marketing platforms, including Salesforce Commerce Cloud and others, to improve marketing growth and customer experience.

Portfolio Pulse from Shivani Kumaresan

March 07, 2024 | 4:41 pm

BA

GE

GE's CEO stated that their relationship with Boeing is stronger than ever, emphasizing their commitment to support Boeing, especially in ramp and production aspects. This statement comes despite the Jan. 5 incident involving a Boeing Max 9, which has not led to any changes in their collaboration.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:41 pm

AAPL

GOOGL

RIVN

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are on the rise as investors buy the dip, with Bitcoin ETFs seeing strong inflows. The Arizona Senate is considering BTC ETFs for pension funds. Gold hits an unprecedented high amid economic uncertainties. US markets and stocks record gains, while major spending bills pass in the US House to prevent government shutdown. Tech giants like Apple and Google face scrutiny and challenges, while the EV market sees activity from Rivian and Tesla. Healthcare and energy sectors also see notable developments.

Portfolio Pulse from Akanksha Bakshi

March 07, 2024 | 4:23 pm

MAT

WMT

Mattel's CEO announced an exclusive North American launch of Fisher-Price Wood Set at Walmart this spring, with a global launch set for H2 2024. The company is making strategic changes to the Fisher-Price and infant, toddler, and preschool category.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:05 pm