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Partnerships

ALK

BA

DAL

HA

UAL

Alaska Air Group, Inc. (ALK) is set to report Q1 earnings with analysts expecting a revenue of $2.19 billion and a loss of $1.05 per share. The report will also address safety concerns with Boeing (BA) planes, the impact of a merger with Hawaiian Holdings (HA), and a recent system upgrade issue. Alaska Air previously anticipated a $150 million negative impact from grounding Boeing planes. The merger is under antitrust review, with a lawsuit filed alleging it could harm competition. Delta Air Lines (DAL) and United Airlines Holdings (UAL) reported better-than-expected results, potentially influencing ALK's performance.

Portfolio Pulse from Chris Katje

April 17, 2024 | 5:29 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers announced at Benzinga's Cannabis Capital Conference their involvement in the Smart & Safe Florida campaign to legalize adult use of cannabis in Florida. The conference also offers live access for both existing and new subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:07 pm

EZGO

EZGO Technologies shares surged following the announcement of a strategic cooperation framework agreement with Woteam to explore the Southeast Asian market together.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:06 pm

BA

LMT

Boeing Co (NYSE:BA) is focusing on its Defense, Space & Security segment amid challenges in its airplane division due to safety issues. The company, in partnership with NASA, is preparing for a crew flight test mission of its Starliner spacecraft, aiming to certify it for crewed missions to the International Space Station. This move could provide a fresh perspective and optimism for shareholders, as the space segment represents a significant part of Boeing's revenue. Lockheed Martin Corp (NYSE:LMT) is also mentioned as part of the United Launch Alliance joint venture with Boeing.

Portfolio Pulse from Chris Katje

April 17, 2024 | 4:42 pm

WIX

Wix.com Ltd. (NASDAQ:WIX) announced the expansion of the Wix Marketplace to allow Partners to sell Studio templates directly within the ecosystem, alongside their services. This move aims to diversify offerings, increase earning potential for Partners, and foster a thriving ecosystem of creativity and innovation. The expansion enables a seamless experience for sellers and buyers, with templates serving as an effective marketing tool to attract leads and showcase the platform's capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:31 pm

CVX

SPY

Venezuela's Oil Minister Tellechea announced the country's willingness to expand the oil area assigned to the joint venture between U.S. Chevron (CVX) and Venezuela's state-run company PDVSA. This move could potentially increase oil production and strengthen the partnership between Chevron and PDVSA.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:29 pm

WIX

Wix.com Ltd (NASDAQ:WIX) has expanded its Wix Marketplace to allow Partners to sell Studio templates directly, enhancing their earning potential. This move is part of Wix's strategy to support agencies and freelancers by providing them with tools to grow their business, including priority support and revenue share. Partners can retain 100% of profits from template sales in 2024, aiming to transform one-off template creations into recurring revenue streams.

Portfolio Pulse from Anusuya Lahiri

April 17, 2024 | 4:22 pm

CGC

Canopy Growth Corp (CGC) received shareholder approval for Canopy USA, aiming to accelerate U.S. market entry and acquisitions of Wana Brands and others. CEO David Klein highlighted the underappreciated value within Canopy, including assets like Wana, Jetty, and Acreage. Wana Brands, set for acquisition by Canopy in a $279.5 million deal, will see CEO Nancy Whiteman transition to Canopy USA's board, with Joe Hodas taking over as CEO. Hodas plans to expand Wana's market presence and explore new partnerships.

Portfolio Pulse from Adam Eckert

April 17, 2024 | 4:21 pm

WIX

Wix has announced a new initiative allowing partners to sell their unique template creations on its platform, with creators retaining 100% of the profits in 2024. This move is aimed at enhancing the earning potential for designers and developers within the Wix ecosystem.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:19 pm

WIX

Wix has announced an expansion of growth opportunities for its partners, enabling them to sell website templates and monetize their creations, according to an exclusive report by Benzinga.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 4:19 pm