Streetbeat News

Partnerships

INVH

Invitation Homes has entered into a joint venture with Quarterra, acquiring a minority equity interest in a portfolio of 4,400 single-family homes for lease, which are part of the Upward America Joint Venture. Invitation Homes will manage these homes within its core markets and invest in the joint venture.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:57 pm

POAI

Predictive Oncology Inc. (NASDAQ:POAI) collaborates with FluGen on developing an intranasal flu vaccine, funded by a $6.2M Phase 2B grant from the U.S. Department of Defense. The project aims to create a stable, soluble vaccine for global distribution, leveraging Predictive Oncology's biologics capabilities and AI-driven drug discovery expertise.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:44 pm

CHTR

PARA

Paramount and Charter have agreed to extend their discussions on contract renewal, according to Bloomberg. This extension indicates ongoing negotiations without a final agreement yet, potentially affecting the stock performance of both companies in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:42 pm

AAPL

BIDU

FXI

KWEB

MCHI

TSLA

Tesla Inc (TSLA) and Apple Inc (AAPL) are making strategic moves in China, with Tesla partnering with Baidu Inc (BIDU) for driver assistance features and Apple expanding its production in Southeast Asia and India. These developments, along with optimistic projections from analysts at UBS and Goldman Sachs for China's tech market, suggest a potential 40% upside. ETFs like KraneShares CSI China Internet ETF (KWEB), iShares MSCI China ETF (MCHI), and iShares China Large-Cap ETF (FXI) offer investment opportunities in this growth trajectory.

Portfolio Pulse from Surbhi Jain

April 30, 2024 | 8:13 pm

AMZN

DIS

NFL owners have shown support for Commissioner Roger Goodell's proposal to extend the NFL season to an 18-game schedule. This move is expected to increase revenue and viewer engagement, potentially affecting broadcasting rights and partnerships.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 7:03 pm

ROKU

TTD

Roku, Inc. (NASDAQ:ROKU) has announced a partnership with The Trade Desk, Inc. (NASDAQ:TTD) to provide advertisers with enhanced TV streaming media planning, buying, and measurement capabilities using Roku's data. This collaboration aims to leverage Roku's audience and behavioral data for campaign optimization on The Trade Desk platform. Additionally, Roku has expanded its measurement partnership with iSpot.tv to share capabilities and drive innovation in the streaming TV ecosystem. TTD shares dropped by 0.73% to $83.88, while ROKU shares increased by 0.43% to $58.91.

Portfolio Pulse from Nabaparna Bhattacharya

April 30, 2024 | 5:52 pm

AKLI

HEES

LICN

H&E Equipment Services, Inc. (HEES) shares fell by 18.2% following mixed Q1 results, missing EPS estimates but beating sales expectations. Other stocks experienced significant movements, with notable gainers including Akili, Inc. (AKLI) and losers like Lichen China Limited (LICN). Various companies reported financial results, strategic partnerships, and other business updates affecting their stock prices.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 5:24 pm

HOOD

UNIUSD

Robinhood announced on X that 'Robinhood Connect' is now integrated with the Uniswap Wallet, offering a limited-time promotion where eligible Robinhood customers can receive $10 of USDC for purchasing $10 of crypto using Robinhood Connect on the Uniswap Wallet.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 4:37 pm

DPZ

UBER

Domino's Pizza Inc (NYSE:DPZ) shares rose after reporting Q1 results that exceeded expectations, driven by strong comps, higher supply chain profits, and a lower tax rate. Analysts from BMO Capital Markets, TD Cowen, Benchmark, Wedbush, and Oppenheimer have raised their price targets, citing factors like the revamped loyalty program, partnership with Uber Eats, and effective marketing. The company's strategy is expected to sustain momentum through 2024, particularly among low-income consumers.

Portfolio Pulse from Priya Nigam

April 30, 2024 | 4:27 pm

GMM

Global Mofy Metaverse Limited (NASDAQ:GMM) shares surged after announcing a partnership between its subsidiary, Gauss AI, and Heartdub to develop Gausspeed, an AIGC platform for digital entertainment. Leveraging Nvidia technology, this collaboration aims to transform film production and content creation. The stock's significant trading volume increase and current overbought status (RSI of 75.3) highlight investor interest and market reaction to this news.

Portfolio Pulse from Erica Kollmann

April 30, 2024 | 4:19 pm