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BILI

GOOG

GOOGL

META

YouTube star MrBeast, known as Jimmy Donaldson, has launched his presence on Bilibili Inc. (NASDAQ:BILI) in China with a video that quickly gained over 3 million views. MrBeast, who has over 230 million subscribers on Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube, is expanding his global footprint despite platforms like YouTube and Meta Platforms Inc.'s (NASDAQ:META) Facebook and Instagram being blocked in China. He plans to extend his reach to other Chinese platforms and has recently secured a $100 million deal with Amazon for a competition series on Prime Video.

Portfolio Pulse from Ananya Gairola

January 24, 2024 | 1:46 am

GETR

Getaround (NYSE:GETR), a carsharing marketplace, secured a $20M debt facility from Mudrick Capital Management to fund its 2024 operations, drawing $5M initially. This follows a strong Q3 2023 with a 42% revenue increase and a trip contribution margin rise to 52%. Getaround also launched a new global app and website on January 17th to improve the booking experience in the U.S. and Europe.

Portfolio Pulse from Charles Gross

January 24, 2024 | 12:20 am

MSFT

SONY

Sony Group Corp.'s CEO Kenichiro Yoshida outlined the future of PlayStation, indicating expansion to PC, mobile, and cloud while maintaining PlayStation's core status. He expressed skepticism about the value of gaming subscription services compared to video streaming, preferring a hybrid service model on PlayStation Network. Yoshida also commented on Microsoft's acquisition of Activision Blizzard, emphasizing Sony's commitment to providing diverse gaming options and maintaining healthy competition in the industry.

Portfolio Pulse from Franca Quarneti

January 24, 2024 | 12:09 am

ETH-USD

MATIC-USD

USDC-USD

Former President Donald Trump won the Iowa caucus and is a step closer to the GOP nomination for the 2024 presidential election. The article discusses the betting odds on Polymarket for Trump's potential vice presidential pick. Elise Stefanik is currently the favorite, followed by Kristi Noem, Vivek Ramaswamy, Tim Scott, and Nikki Haley. Ron DeSantis and Haley are seen as less likely picks due to past conflicts with Trump. Polymarket uses cryptocurrencies like MATIC, USDC, and ETH for betting, and the political betting market is gaining popularity, surpassing even the betting on Bitcoin ETF approvals.

Portfolio Pulse from Chris Katje

January 23, 2024 | 11:52 pm

AMZN

MrBeast is close to finalizing a $100M deal with Amazon (AMZN) for a competition series on Prime Video. The show, pitched to various platforms, will premiere its first episode on MrBeast's YouTube channel, with subsequent episodes on Prime Video. The series will feature brand collaborations, which may help Amazon offset production costs. MrBeast's other ventures include Beast Burger, Juice Funds, Feastables, cryptocurrency investments, and involvement in crypto companies like Refinable and Coinbase.

Portfolio Pulse from Franca Quarneti

January 23, 2024 | 11:40 pm

CMCSA

DIS

EDR

FOX

NFLX

TKO

Dwayne Johnson, also known as 'The Rock', has joined the Board of Directors of TKO Group Holdings, the parent company of WWE and UFC. TKO announced a 10-year, $5 billion deal with Netflix for exclusive streaming rights to WWE content starting in 2025. Johnson will gain ownership of his trademarked name 'The Rock' and receive restricted stock awards up to $30 million. TKO is majority owned by Endeavor Group Holdings. Johnson's involvement could lead to synergies with his other investments and brand partnerships, including Under Armour and the United Football League, which has media deals with Disney and Fox Corporation.

Portfolio Pulse from Chris Katje

January 23, 2024 | 10:55 pm

CAG

DEO

GIS

ONON

PEP

Dolly Parton has partnered with Conagra Brands Inc (NYSE:CAG) through its Duncan Hines brand to launch a new line of breakfast products, aiming to compete with General Mills’ (NYSE:GIS) Bisquick and PepsiCo’s (NYSE:PEP) Pearl Milling Co pancake mix. This follows her previous successful ventures in entertainment and hospitality. The trend of celebrities partnering with or investing in consumer goods brands is highlighted, with examples like Ryan Reynolds' Aviation Gin, Roger Federer's On Holding AG (NYSE:ONON), and Kim Kardashian's Skims.

Portfolio Pulse from Aaron Bry

January 23, 2024 | 10:43 pm

AUMN

METC

USAP

BHP Xplor has launched a second accelerator program for early-stage mineral exploration companies, selecting six from over 500 applicants to receive grants and expert support. Golden Minerals Company has started silver-gold mining operations at its Velardeña Properties in Mexico, with plans to ramp up production throughout the year. Ramaco Resources hired Dr. Alex Moyes as director to oversee rare earth element operations at its Brook Mine, which could be the largest unconventional deposit in the US. Universal Stainless received an Overweight rating from Keybanc with a raised price target.

Portfolio Pulse from Austin DeNoce

January 23, 2024 | 10:39 pm

SAP

SAP has announced an update to its Ambition 2025 strategy, including a company-wide transformation program set to be implemented in 2024. The program aims to streamline operations and drive efficiency across the organization.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:21 pm

EDR

NFLX

TKO

TKO Group Holdings, Inc. (TKO) announced a $5 billion, 10-year deal with Netflix, Inc. (NFLX) to stream WWE's 'Raw' exclusively. The deal, which emphasizes the importance of live sports for streaming services, sent TKO's stock soaring over 20%. Netflix is expanding into live sports, having already streamed events like the 'Tour de France: Unchained' and the 'Netflix Cup'. The partnership will bring three hours of live WWE programming weekly to Netflix. Netflix's Q4 financial results mentioned ongoing investments in live programming. TKO, partly owned by Endeavor Group Holdings Inc (EDR), was formed to integrate UFC and WWE.

Portfolio Pulse from Erica Kollmann

January 23, 2024 | 10:17 pm