Category: News

Amazon.Com Inc’s (NASDAQ:AMZN) Prime Video is undercutting rival Netflix Inc (NASDAQ:NFLX) on advertising pricing as it battles for marketers’ attention. Amazon introduced advertising to its Prime Video platform five months ago and is going through its first “up front,” when television companies present their plans to advertisers to attract money for the next year, the…

Southwest Airlines Co (NYSE:LUV) has stubbornly held on to its first-come-first-serve seating policy for over 50 years. The air carrier will now shed its famous open seating policy after a change in consumer preferences and poor second-quarter earnings. The Dallas, Texas-based company cited how 80% of its customers and 86% of potential customers prefer assigned…

Shares of Marriott International Inc (NASDAQ:MAR), Hilton Hotels Corporation (NYSE:HLT), and Hyatt Hotels Corporation (NYSE:H) are trading lower Wednesday. About 13,500 unionized hotel workers in four U.S. cities are preparing for strike authorization votes next month as contract negotiations with the above major hotels remain at an impasse. UNITE HERE, a union representing hotel, casino,…

The integration of AI within the Web3 ecosystem is taking a significant leap forward, according to Nick Havryliak, CEO and co-founder of data provenance protocol Assisterr. Havryliak told Benzinga in an exclusive interview on Tuesday about the importance of creating a decentralized AI infrastructure to democratize the benefits of AI advancements. “Major tech corporations have…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares decline Friday despite reporting substantial second-quarter profits following a verbal attack from former President Donald Trump. Trump questioned the U.S. obligation to defend Taiwan, flagging the lack of a formal defense treaty between the U.S. and Taiwan, unlike with South Korea and Japan, the Financial Times reports.…

Dogecoin (CRYPTO: DOGE) is enjoying more positive price predictions from traders backed by whale transactions. What Happened: Crypto Daily Trader Signals predicts a violent move for Dogecoin soon: The $DOGE retest is almost done ! Expect a violent move to the upside soon pic.twitter.com/wW4VpxlbdJ — Crypto Daily Trade Signals (@cryptodailyTS) July 18, 2024 Crypto trader…

Former President Donald Trump warned that the United States must embrace digital currencies to prevent China from dominating the field. What Happened: Once a vocal critic of Bitcoin (CRYPTO: BTC), Trump now advocates for digital currencies to be “made in the USA,” emphasizing the necessity to counter China’s growing influence. His shift aligns with a…

Bitcoin (CRYPTO: BTC) miners are looking at a promising future, dubbed a “Goldilocks scenario,” influenced by the “Trump factor,” according to analysts at Bernstein. What Happened: As reported by The Block, analysts Gautam Chhugani and Mahika Sapra noted that the scenario includes a higher likelihood of pro-Bitcoin political change, the U.S. becoming a focal point…

The second-quarter earnings season kicks off this week with key reports from PepsiCo Inc. (NASDAQ:PEP), Progressive Corp. (NYSE:PGR), and Delta Air Lines Inc. (NYSE:DAL) on Thursday, followed by major banks like JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), and Wells Fargo & Co. (NYSE:WFC) on Friday. Goldman Sachs equity analysts have identified four options…

Gordon Johnson, the founder of GJC Research, joined Benzinga’s PreMarket Prep Friday morning to discuss Tesla Inc (NASDAQ:TSLA) amid the company’s recent share-price rally, with the electric vehicle giant adding more than 40% in market value in the last month. Johnson outlined his bearish thesis on Tesla, and why he believes the stock is overvalued.…