Streetbeat News

Partnerships

GSK

GSK plc is investing £50 million in a five-year collaboration with the University of Cambridge and Cambridge University Hospitals to advance research in immune-related diseases. The partnership, named Cambridge-GSK Translational Immunology Collaboration, aims to enhance understanding and treatment of these diseases.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:13 am

WBD

Sky Network Television and Warner Bros. Discovery have expanded their partnership, making Sky the exclusive home of Max in New Zealand. The agreement involves a non-cash programming amortisation of $6-$7m and a cash payment of $4-$5m from WBD, impacting Free Cash Flow in H1 FY25.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:10 am

GCAD

PPA

Boeing has secured an order from Emirates SkyCargo for five additional 777 Freighters, increasing Emirates' total Boeing widebody aircraft orders to 249. This order reflects the growing demand for air cargo services and Dubai's prominence as a logistics hub. Boeing shares are trading higher premarket, and investors can gain exposure through ETFs like Invesco Aerospace & Defense ETF and Gabelli Commercial Aerospace and Defense ETF.

Portfolio Pulse from Lekha Gupta

October 21, 2024 | 9:51 am

ORCL

Oracle has announced that four major UK government departments have selected Oracle Cloud to transform their corporate services. The Synergy Programme will use Oracle Fusion Cloud Applications Suite and Oracle Cloud Infrastructure to create a unified operating model, aiming to reduce costs and standardize data.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:21 am

IDCC

InterDigital, Inc. (NASDAQ:IDCC) will present AI solutions for 5G and 6G at the 2024 Brooklyn 6G Summit, focusing on Over-the-Air Federated Learning (OTA-FL) to improve wireless network efficiency. The event is organized by Nokia and NYU Wireless Research Center.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:01 am

CLSK

IONQ

LBPH

OKLO

TDS

WOLF

WVE

Several mid-cap stocks experienced significant gains last week. Oklo Inc. surged due to Amazon's investment in nuclear power. Wave Life Sciences saw a jump after successful RNA editing trials. Longboard Pharmaceuticals rose on acquisition news. Wolfspeed gained from potential CHIPS Act funding. CleanSpark benefited from Bitcoin's rise. Telephone and Data Systems increased after selling spectrum licenses. IonQ's shares rose ahead of its earnings report.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 9:22 pm

AMZN

CCJ

CEG

GOOG

LEU

NNE

OKLO

SMR

VST

Nuclear energy stocks are gaining momentum as tech giants Google and Amazon announce nuclear power agreements to support AI data centers. Publicly traded companies like Oklo, NuScale Power, and Nano Nuclear Energy are seeing significant stock gains. Power producers like Constellation Energy and Vistra Corp are also benefiting, along with uranium producers Cameco and Centrus Energy.

Portfolio Pulse from Erica Kollmann

October 20, 2024 | 8:00 pm

CEG

GOOG

MSFT

Elon Musk supports nuclear energy, stating its dangers are overstated, as Google and Microsoft sign nuclear power deals for AI data centers. Constellation Energy plans to restart a nuclear facility, aligning with Musk's advocacy for nuclear power.

Portfolio Pulse from Erica Kollmann

October 20, 2024 | 7:48 pm

COIN

OWL

SNA

SOFI

TRV

UAL

Coinbase, United Airlines, and SoFi Technologies were among the top large-cap gainers last week. Coinbase surged due to Bitcoin's rise, United Airlines on strong earnings and a buyback program, and SoFi on a new loan platform agreement.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 7:17 pm

AMZN

NVDA

OKLO

TSLA

The tech world is abuzz with AI developments, including Nvidia's praise for OpenAI and Tesla's humanoid robots. Oklo's CEO highlights the growing demand for nuclear power in AI, while Amazon challenges Nvidia with a Databricks deal.

Portfolio Pulse from Benzinga Neuro

October 20, 2024 | 1:01 pm