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NFLX

Amazon is challenging Netflix by offering cheaper ad slots on its Prime Video platform, which could generate over $5 billion in high-margin advertising revenue. This move has forced competitors to lower their prices. Amazon and Netflix each hold a 22% share of the U.S. SVOD market.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 3:09 pm

PFE

Pfizer has significantly strengthened its contracting position for its RSV vaccine, Abrysvo, with changes set to take effect in August.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:06 pm

PFE

Pfizer announced that it expects to have dose data for its obesity pill by March 2025, as revealed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:04 pm

SBUX

Starbucks Corp.'s mobile app experienced an outage on Tuesday morning, affecting about 1,400 users in major cities like New York, Chicago, and Atlanta. The outage occurred ahead of a Buy One, Get One deal, causing inconvenience for customers. Starbucks has not yet commented on the issue.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:04 pm

CRWD

MSFT

Microsoft 365 users experienced access issues and degraded performance with Outlook, the website, and the app. The outage was reported at 9:26 am ET on Tuesday. Previously, an update to CrowdStrike's Falcon platform caused significant disruptions in Microsoft systems. Microsoft services are now operational.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 3:02 pm

TXT

Textron Aviation has introduced a new repair process for the Cessna Citation 560XL main landing gear in collaboration with Able Aerospace Services. This new service allows significant repairs without the need for full replacement, providing a cost-effective option for customers.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:01 pm

WAB

Wabtec Corporation has announced a $277 million order for its Evolution Series locomotives from the SimFer Joint Venture. These locomotives will be used for the Simandou Iron Ore Project in Guinea.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:00 pm

OSTX

OS Therapies Incorporated (NYSE:OSTX) is set to IPO on July 31 on the NYSE, offering shares at $4.00 each. The insider lock-up period will last 180 days, ending on January 27, 2025. The company focuses on developing treatments for osteosarcoma and other solid tumors.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 3:00 pm

BP

BP has approved the development of its sixth operated hub, Kaskida, in the US Gulf of Mexico. This move is part of BP's strategy to expand its operations in the region.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:58 pm

SOUN

SoundHound AI shares are trading higher after the company announced it launched Chat AI with integrated ChatGPT in Alfa Romeo and Citroën vehicles across Europe.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:58 pm