Streetbeat News

Partnerships

INTZ

Intrusion Inc. (NASDAQ:INTZ) announced a partnership with iOne Resources to supply Secure Electronic Transmission Services for the 2025 Philippines midterm elections, marking a significant financial commitment with a bid of around $25 million. The services are expected to be operational by November 2024, contributing to earnings in the latter half of the year. However, INTZ shares dropped 16.88% to $1.91.

Portfolio Pulse from Akanksha Bakshi

April 17, 2024 | 3:22 pm

SPEC

Spectaire Holdings Inc (NASDAQ:SPEC) shares surged 15% to $0.92 after announcing a global distribution partnership with a Fortune 1000 Energy Company for its AireCore units, aimed at reducing emissions in the oil and gas industry.

Portfolio Pulse from Henry Khederian

April 17, 2024 | 3:21 pm

CXAI

CXApp Inc. (NASDAQ:CXAI) reported record double digit Annual Recurring Revenue (ARR) growth for Q4 2023 and a 24% ARR growth for the full year. The company is rebranding to CXAI, emphasizing an AI-centric approach. The growth is attributed to two large Fortune 1000 contracts and a partnership with Google Cloud. Subscription-based revenue constituted 81% of total revenue, with a gross margin of 80%. CXAI shares surged 21.5% to $4.75.

Portfolio Pulse from Erica Kollmann

April 17, 2024 | 3:19 pm

AMZN

Amazon.com plans to open more small-format third-party Just Walk Out stores in 2024 than in any previous year. The company is also expanding its Dash Cart technology to all Amazon Fresh stores and third-party grocers, while continuing to develop the next generation of Just Walk Out technology aimed at enhancing the checkout experience in large-format stores.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:10 pm

CFCV

FTXL

INTC

Intel Corporation (NASDAQ:INTC) announced its plan to provide AI services at the Olympic and Paralympic Games 2024, focusing on 8K live streaming, accessibility for the visually impaired, and immersive sports experiences. Intel's AI technology, powered by Intel processors, aims to enhance the viewing experience and accessibility at the Paris 2024 Games. The company's technology will also support advancements in accessibility for the visually impaired through AI built on Intel Xeon, enabling indoor and voice navigation via a smartphone app. INTC stock has seen an 11% increase over the past year, and exposure to INTC can be gained through ClearBridge Focus Value ESG ETF (BATS:CFCV) and First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL).

Portfolio Pulse from Nabaparna Bhattacharya

April 17, 2024 | 3:02 pm

MSOS

Angela Pih expressed excitement for CCELL's potential to bring partners in earlier on the customer journey during the Cannabis Capital Conference. The conference offers live access for existing subscribers and instant access for new users.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:00 pm

MRMD

MSOS

Howard Schacter discussed marketing strategies focusing on differentiating through music and cannabis pairing. Recently, they partnered with Massachusetts music venues for exclusive cannabis sponsorship, emphasizing earned media as central to their role. Schacter hinted at more plans to mainstream cannabis, coinciding with the Cannabis Capital Conference.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:55 pm

SIDU

Sidus Space, Inc. (NASDAQ:SIDU) has joined the Orbital Transports Partner Program to expand its global presence in the space industry. This partnership will allow Sidus Space to offer its technology integration services and innovative solutions, such as the LizzieSat satellite bus and the FeatherEdge platform, to a broader market through the Orbital Transports SmallSat Catalog. SIDU shares rose 2.59% in premarket trading following the announcement.

Portfolio Pulse from Akanksha Bakshi

April 17, 2024 | 2:55 pm

IBKR

PLCE

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) reported better-than-expected Q1 financial results, leading to an 11.2% increase in its stock price. Other companies like Edible Garden AG, The Children's Place, Cullinan Therapeutics, and Interactive Brokers also saw significant stock movements due to various factors including preliminary results, new financing agreements, analyst ratings, and quarterly earnings.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 2:55 pm

MRMD

MSOS

Howard Schacter discussed the operation of two distinct retail brands, emphasizing the comprehensive approach beyond mere name and signage to include uniformity. The statement hints at strategic considerations prior to the rollout. Additionally, the article promotes the Cannabis Capital Conference, offering access to both existing and new subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:50 pm