Streetbeat News

Partnerships

UTME

UTime shares have risen following the announcement of a collaboration with Dr. Ehud Baron.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 2:18 pm

TGT

ULTA

Ulta Beauty shares are experiencing an uptick following Target's positive Q2 financial results. Target's partnership with Ulta Beauty, offering its products both online and in physical stores, is likely contributing to this positive movement.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 2:14 pm

BGXX

Bright Green has signed a Letter of Intent (LOI) to supply DEA-approved marijuana extracts and psychedelics to Benuvia Operations for pharmaceutical use. This move underscores Bright Green's commitment to partnerships within the US pharmaceutical sector.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 2:03 pm

CRKN

Crown Electrokinetics' new division, Element 82, has secured service projects in Florida and New York, potentially boosting the company's growth and market presence.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 2:01 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has expanded its contract with a California healthcare provider, adding a second K5 Autonomous Security Robot due to the success of the first deployment.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:44 pm

INTC

NXPI

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) has begun construction on its first European plant in Dresden, Germany, with significant industry support and state subsidies covering nearly half of the $11 billion cost. The plant will focus on automotive and industrial chip production, with TSMC holding a 70% stake and partners like Infineon, NXP Semiconductors, and Bosch each holding 10%. The German government is investing heavily in domestic chip production, including a planned Intel plant. Analysts have a positive outlook on TSMC stock, with a 12-month price target suggesting further upside.

Portfolio Pulse from Anusuya Lahiri

August 21, 2024 | 1:42 pm

WTO

UTime Limited (NASDAQ:WTO) has announced a strategic collaboration with Dr. Ehud Baron to enhance its blood pressure measurement offerings and expand into hemodynamic and health mapping products. The initial focus will be on optimizing UTime's blood pressure monitoring watch.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:27 pm

GSAT

Globalstar has partnered with Liquid Intelligent Technologies to provide 5G connectivity solutions in Africa, the Middle East, and the Gulf. This strategic partnership aims to enhance high-speed internet access in these regions.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:24 pm

BBAI

BigBear.ai Inc (NYSE:BBAI) shares surged 36.1% after announcing a subcontractor role with Concept Solutions for an FAA IT contract. The contract has a $2.4 billion shared ceiling over 10 years, enhancing BigBear.ai's long-term partnership with the FAA.

Portfolio Pulse from Adam Eckert

August 21, 2024 | 1:17 pm

BLK

GOOG

IXP

XLC

Google has partnered with Energix Renewables to develop 1.5GW of solar projects by 2030, enhancing its renewable energy efforts. This agreement includes electricity and Renewable Energy Credits supply, with Google as a tax equity provider. The partnership strengthens Energix's position in the U.S. renewable energy sector.

Portfolio Pulse from Lekha Gupta

August 21, 2024 | 1:14 pm