Streetbeat News

Partnerships

FLR

Fluor's joint venture has been approved to start a $45 billion contract for the Hanford Integrated Tank Disposition over 10 years. Fluor will begin recognizing earnings from this contract starting in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:24 pm

BWXT

BWX Technologies, Inc. (NYSE:BWXT) announced that the U.S. Department of Energy has approved Hanford Tank Waste Operations & Closure, LLC to begin the Hanford Integrated Tank Disposition Contract. This contract involves a joint venture led by a BWXT subsidiary, Amentum, and Fluor companies.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:22 pm

VERI

Veritone, Inc. (NASDAQ:VERI) has partnered with Getac Technology to offer Veritone Redact, an AI-powered software for video evidence redaction, to Getac's customers. This integration aims to enhance video evidence management for law enforcement agencies.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:01 pm

CBOE

HOOD

Cboe CEO Fred Tomczyk highlights the impressive growth of Robinhood and its new products, emphasizing the role of retail investors. Cboe plans to offer its index options to Robinhood customers. The 2024 election is expected to increase market volatility.

Portfolio Pulse from Chris Katje

October 17, 2024 | 7:07 pm

DISH

NFLX

DISH Network has launched a new TV offer that includes a Netflix subscription with its DISH subscription. This move could attract more customers to DISH and potentially impact Netflix's subscriber base.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:59 pm

LDOS

Leidos has been awarded a $248 million contract by the U.S. Navy to provide autonomous systems design and engineering. This contract highlights Leidos' capabilities in advanced technology and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:57 pm

MCK

MSFT

Ontada, a McKesson business, is collaborating with Microsoft to enhance oncology data processing using Azure OpenAI technology. This partnership aims to transform unstructured oncology data, potentially improving healthcare outcomes.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:55 pm

JPM

JPMorgan Chase & Co. is launching a new service tier, J.P. Morgan Private Client, targeting affluent clients with over $750,000 in assets. This initiative includes opening specialized branches in San Francisco and New York City, with plans for more locations by 2026.

Portfolio Pulse from Erica Kollmann

October 17, 2024 | 5:36 pm

AWAY

LYFT

RVER

SQ

Lyft has partnered with Cash App to offer a seamless payment option for Gen Z and Millennials, boosting its stock price. This partnership allows users to pay for rides using Cash App, enhancing convenience and flexibility.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2024 | 5:35 pm

CVAR

DAR

JETS

LUV

VLO

Southwest Airlines has entered a sustainable aviation fuel (SAF) agreement with Valero Energy to supply Chicago Midway Airport. The deal involves purchasing up to 25 million gallons of neat SAF, potentially covering 35% of Southwest's jet fuel usage at MDW. The agreement is part of Southwest's sustainability efforts, but shares fell 2.45% amid Elliott Investment Management's call for a special shareholder meeting.

Portfolio Pulse from Lekha Gupta

October 17, 2024 | 5:07 pm