Streetbeat News

Partnerships

EADSY

SPR

Airbus CEO has expressed interest in closely monitoring the situation with Spirit Aero, indicating potential concerns or opportunities for collaboration. Additionally, Airbus's CFO has mentioned the company is building up buffer inventory to mitigate risks associated with a stressed supply chain, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:44 pm

BA

LUV

Southwest Airlines CEO expressed optimism about Boeing's comprehensive approach to addressing issues, indicating ongoing collaboration and potential improvements in their operations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:44 pm

BA

LUV

Southwest Airlines CEO supports Boeing's efforts to address and fix issues, stating it's beneficial for a long-term partnership. He also mentioned that Southwest's headcount will decrease in 2025 and confirmed a visit to Boeing in late March.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:43 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) has signed a Memorandum of Understanding (MoU) with three Abu Dhabi government departments to establish and scale its electric air taxi service in Abu Dhabi and beyond. This agreement includes the development of a full air taxi ecosystem, training, infrastructure, flight operations, and potentially a manufacturing presence in Abu Dhabi. The partnership aims to advance mobility solutions and marks Joby's expansion into the UAE, complementing its exclusive rights to operate air taxi services in Dubai. Joby's aircraft, designed for zero-emission flights, was showcased in Abu Dhabi, highlighting its capabilities for fast and clean air travel within the UAE.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:39 pm

SPCB

SuperCom shares surged following the announcement of receiving over $5 million in new orders from European governments, indicating strong demand for their services in the public sector.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:27 pm

POAI

Predictive Oncology (POAI) shares surged following the announcement of a collaboration and co-marketing agreement with FUJIFILM Wako Chemicals U.S.A. The partnership aims to minimize protein interference in bacterial endotoxin testing for biopharmaceutical products.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:25 pm

HOOD

'Dogecoin Killer' Shiba Inu (SHIB) sees a 2,092% burn rate spike and is now available for trading on Robinhood for New York residents. K9finance becomes the official LSD for Shibarium, aiming to boost its network's value and trading volume. Shibariumscan and IntoTheBlock data show significant growth in contracts and transaction volumes, indicating increased activity and interest in SHIB.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 4:12 pm

SGBX

Safe & Green Holdings (SGBX) shares surged following the announcement of an agreement to manufacture four container-based electrical distribution centers for a client in the big box retailer market. This multi-unit order signifies a potential expansion in SGBX's business operations and market reach.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:09 pm

SLI

Standard Lithium (AMEX:SLI) has activated the largest direct lithium extraction (DLE) unit in North America, located in El Dorado, Arkansas. This unit, part of a demonstration plant, showcases a sustainable lithium production method with over 97% lithium recovery rate and minimal environmental impact. The DLE technology, which contrasts sharply with traditional mining methods, could revolutionize lithium production, especially in water-scarce regions. Other major companies like Exxon Mobil, Saudi Aramco, and ADNOC are also exploring DLE technology.

Portfolio Pulse from Stjepan Kalinic

April 25, 2024 | 3:24 pm

MSFT

PYPL

Sam Altman's Worldcoin is reportedly exploring partnerships with major companies including PayPal and OpenAI. This move could significantly impact the adoption and integration of Worldcoin's technology in mainstream financial and AI applications.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:20 pm