Streetbeat News

Partnerships

TMUS

SpaceX, led by Elon Musk, is offering free Starlink satellite internet service to victims of Hurricanes Helene and Milton until the end of the year. This initiative, supported by temporary FCC authorization, aims to aid disaster recovery by providing essential communication services. SpaceX and T-Mobile have activated Direct-to-Cell coverage to enhance emergency alerts in affected areas.

Portfolio Pulse from Rounak Jain

October 12, 2024 | 6:56 am

CGC

Bedrocan International is re-entering the Canadian market with pharmaceutical-grade cannabis products, acquiring a new facility in Scarborough and a cultivation license from Health Canada. Production is set to begin in early 2025. The company previously ended a partnership with Canopy Growth Corp (NASDAQ:CGC).

Portfolio Pulse from Javier Hasse

October 11, 2024 | 8:52 pm

SENS

Senseonics shares rose following the announcement of the first commercial patient receiving the next generation Eversense 365 CGM system through its collaboration with Mercy. This system is designed for continuous glucose monitoring for diabetes patients.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:00 pm

TTWO

Mubi has acquired the U.S. cinema and global streaming rights for 'Grand Theft Hamlet,' a documentary that stages Shakespeare's 'Hamlet' in GTA Online. The film, directed by Pinny Grylls and Sam Crane, premiered at SXSW and will be released globally by Mubi next year.

Portfolio Pulse from Franca Quarneti

October 11, 2024 | 6:56 pm

MSFT

XELA

Exela Technologies has partnered with Microsoft Azure to modernize its infrastructure, enhance its DocDNA application, and improve global operations' availability, scalability, and efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:06 pm

FXI

HMC

Honda Motor has opened its first dedicated electric vehicle (EV) plant in Wuhan, China, operated by Dongfeng Honda. The plant aims to support Honda's goal of making all new vehicles sold in China electric by 2035. The facility, with a $566 million investment, will produce 120,000 vehicles annually and employ 800 people.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 5:22 pm

CVS

Aetna has been recommended by the State of Michigan for a new Dual-Eligible Special Needs Plan contract, which will expand its Medicare and Medicaid support to 39 counties by 2027.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 4:46 pm

SYM

Symbotic Inc. (NASDAQ:SYM) shares are trading higher due to a new agreement with Walmart de México y Centroamérica to implement its warehouse automation systems. The stock rose over 18% after the announcement and continues to climb, trading above its 50-day moving average. Analysts have a positive outlook with a 12-month price target of $38.

Portfolio Pulse from Erica Kollmann

October 11, 2024 | 3:35 pm

E

USO

ENI's CEO emphasizes the importance of nuclear power for Europe's decarbonization and notes limited pressure from OPEC on oil cuts. The CEO also highlights U.S. investment funds' support for ENI's 'Satellite' strategy and the rapid progress in spinning off businesses.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 3:31 pm

PACB

Pacific Biosciences shares rose following a new research collaboration with the National Cancer Center of Singapore, utilizing its sequencing technologies.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 2:12 pm