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ROKU

SHOP

Roku Inc has formed a partnership with FreeWheel to create a comprehensive solution for advertisers and publishers, aiming to unlock the full potential of streaming TV. Roku has integrated its demand application programming interface (dAPI) into FreeWheel's TV platform to enable this partnership. This collaboration will allow publishers to use Roku platform signals to target audiences and estimate campaign performance. Earlier this week, Roku also announced a partnership with Shopify, enabling viewers to purchase products from Shopify merchants directly on their TVs.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 3:56 pm

AAPL

Actor Tom Hanks used the Pomodoro Technique, a productivity tool, to write his debut novel, despite his busy schedule. The book, released by Penguin Random House, became a New York Times bestseller. Hanks has a deal signed with Apple Inc for its streaming platform.

Portfolio Pulse from Chris Katje

July 12, 2023 | 3:45 pm

CMPS

MJ

Bipartisan lawmakers are pushing for marijuana and psychedelics amendments to be included in a large-scale defense bill. The amendments include ending drug testing for cannabis for military members, carrying out a clinical study into the therapeutic benefits of psychedelics for active duty service members with PTSD, traumatic brain injury or chronic traumatic encephalopathy, and a defense department medical cannabis pilot program examining the health impacts of marijuana use by veterans and service members who are VA beneficiaries. The fate of these proposals remains uncertain due to complications over unrelated measures.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:45 pm

META

Meta Platforms shares are trading higher following the recent launch of Instagram's Threads app and overall market strength due to soft June inflation data.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:34 pm

GDRX

GoodRx and CVS Caremark have announced the launch of Caremark Cost Saver, a program aimed at reducing pharmacy out-of-pocket drug costs for CVS Caremark clients' members. This news has led to an increase in GoodRx's share price.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:30 pm

META

Meta Platforms, Inc. (NASDAQ:META) shares are on the rise following the successful launch of the company's new app, Threads. The stock has gained nearly 5% since the app's release on July 6 and is up over 16% in the last 30 days. Threads has received over 100 million sign-ups in the first five days of its release. Meta will announce its Q2 financial results on July 26.

Portfolio Pulse from Erica Kollmann

July 12, 2023 | 3:21 pm

GOOG

ROKU

Roku's free streaming app, The Roku Channel, is now available on Google TV and other Android-powered TV platforms. The app, which provides subscription-free TV shows and movies, reached over 100 million people in the US by the end of last year. The Roku Channel is part of the rapidly expanding FAST (free ad-supported streaming television) segment, competing with platforms like Pluto TV, Amazon Freevee, Vizio WatchFree Plus, and Tubi.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:03 pm

KEYS

Keysight Technologies (KEYS) and Skylo have entered into a partnership to accelerate the first certifications of the 3GPP 5G Release 17 non-terrestrial networks standard in the industry. The partnership aims to automate device acceptance, interoperability testing, and certification to save time and enable scalability on demand.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:02 pm

AZN

AstraZeneca's shares are trading higher following the approval of Enhertu in China for the treatment of HER2-low metastatic breast cancer.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:50 pm

TSLA

Tesla has updated its Model 3's ordering website, indicating a potential reduction in the federal tax credit for the Model 3 after December 31, 2023. Currently, all versions of the Model 3 and Model Y qualify for the $7,500 federal tax credit under the Inflation Reduction Act of 2022. The reduction could be related to battery-related requirements, which will change in 2024. Some speculate that this could be linked to the introduction of a new battery type for the revamped Model 3.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 2:21 pm