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UBER

Uber Eats (NYSE:UBER) has entered into an exclusive delivery partnership with Domino's Pizza in Canada, making Domino's available on the Uber Eats app across Ontario with plans to expand to all Canadian locations within four weeks. This partnership, part of a global agreement announced in summer 2023, allows customers to order from more than 260 Domino's locations via Uber Eats, with deliveries carried out by Domino's own delivery experts. The collaboration aims to leverage the technological and innovative strengths of both companies, offering customers convenience and exceptional service, while also enabling Domino's to reach new customers and enhance its delivery business through data insights.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:04 pm

NVDA

Nvidia Corp. CEO Jensen Huang's initial pitch to start the company was criticized as one of the worst, yet it led to funding from Sequoia Capital due to a recommendation. Nvidia, initially focusing on GPUs for gaming, has successfully pivoted to cryptocurrency mining and now AI, becoming the third most valuable listed company with a market cap of almost $2.2 trillion. Huang emphasizes the importance of one's past and relationships over pitching skills in business success.

Portfolio Pulse from Rounak Jain

April 30, 2024 | 2:00 pm

UPBD

Acima Leasing has announced an exclusive lease-to-own (LTO) partnership with iFIT, providing financial inclusion and flexibility for customers to access iFIT's fitness products. This partnership allows customers to lease iFIT's fitness equipment, which could increase accessibility and potentially boost sales for iFIT's products.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:53 pm

MU

Micron Technology plans to increase the prices of DRAM and SSD by 25% in Q2 2024, indicating a potential rally in memory contract prices during that period.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:37 pm

CCL

CUK

Princess Cruises, a part of Carnival Corporation, has announced changes to its 2025 World Cruises itineraries due to uncertainties in the Red Sea and surrounding regions. The revised routes will exclude the Middle East and Asia, introducing new stops in Africa and Europe. This decision follows consultations with global security experts and government authorities, aiming to maintain destination-rich itineraries while ensuring passenger safety.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:34 pm

TMUS

Plex, an independent streaming media company, announced a partnership with T-Mobile (NASDAQ:TMUS) to expand T-Mobile's connected TV inventory and innovate on mobile-CTV connections. This partnership aims to leverage T-Ads insights and audience data to bring relevant ads to customers on Plex, which reaches over 22 million monthly active users globally. Plex offers the most extensive FAST channel lineup worldwide, with over 800 free channels in the U.S., enhancing T-Mobile customers' access to free entertainment.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:32 pm

MCD

McDonald's Corp (NYSE:MCD) reported a Q1 FY24 sales growth of 4.6% to $6.17 billion, slightly above analyst expectations but saw its shares slide due to an adjusted EPS of $2.70 missing estimates by $0.02. Global comparable sales increased by 1.9%, with U.S. sales up 2.5%. Operating income rose 8% to $2.7 billion. The company anticipates a mid-to-high 40% operating margin for FY24 and plans to open about 2,100 restaurants globally.

Portfolio Pulse from Shivani Kumaresan

April 30, 2024 | 1:32 pm

KELYA

UPWK

KellyOCG, a part of Kelly (NASDAQ:KELYA, KELYB), has partnered with Upwork (NASDAQ:UPWK) to enhance its Human Cloud solution, allowing clients to access Upwork's global network of independent professionals. This strategic partnership, a first for a Managed Service Provider like KellyOCG, integrates Upwork's vast talent pool into Kelly's Human Cloud solution, powered by Kelly Helix UX and Analytics. It aims to streamline the hiring process, improve compliance, and offer a comprehensive view of external workforce productivity, supporting a Total Talent Management approach.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:30 pm

IPWR

Ideal Power Inc. (IPWR) received an order for SymCool power modules from a Forbes Global 500 power management market leader, part of its B-TRAN test and evaluation program. The modules, offering lower conduction losses and improved efficiency over IGBTs, are being evaluated for use in solid-state circuit breaker products for industrial markets. Ideal Power expects sales to ramp up in the second half of 2024 and has provided high-volume quotes for these modules.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:29 pm

GOOG

NWS

Google has entered into an agreement with News Corp, committing to pay between $5M and $6M annually for the development of AI-related content and products. This deal highlights the tech industry's growing focus on AI in news dealings, potentially at the expense of other types of deals.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:28 pm