Streetbeat News

Partnerships

HOOD

IBKR

ForecastEx, a CFTC Designated Contract Market, has approved Robinhood Derivatives as a new Clearing Member, allowing them to offer event contracts to hedge against political, economic, and climate events.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:53 pm

RCAT

Red Cat Holdings, Inc. (NASDAQ:RCAT) has secured a contract with the Royal Australian Navy for 12 FlightWave Edge 130 Blue systems, facilitated by Criterion Solutions Pty Ltd. This highlights Red Cat's expansion in military drone technology.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:52 pm

EXLS

NVDA

EXL has launched an enterprise AI platform using NVIDIA software to enhance generative AI integration. The platform includes solutions like EXL Insurance LLM, XTRAKTO.AI, Smart Agent Assist, and Code Harbor, aimed at streamlining client workflows.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:38 pm

GM

GM Defense has completed its first heavy-duty armored SUV for the U.S. State Department's Diplomatic Security Service. The vehicle, based on the Suburban model, features an enhanced body-on-frame design.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 6:47 pm

MANU

Manchester United is negotiating to appoint Ruben Amorim as their new head coach after sacking Erik ten Hag. Amorim, currently with Sporting Lisbon, is a highly regarded young manager in Europe. United is ready to pay his release clause, with Ruud van Nistelrooy potentially taking interim charge.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 6:27 pm

CPB

Campbell Soup Company has received a $3.4 million grant from the USDA to promote sustainable tomato-growing practices in California. The project aims to reduce greenhouse gas emissions, improve soil health, and enhance water stewardship and farm profitability.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 6:04 pm

CCJ

DNN

LEU

LTBR

NNE

OKLO

SMR

UEC

UUUU

Nuclear-linked stocks are experiencing a rise in share prices, likely due to increased optimism in the sector following Amazon Web Services and Google's recent nuclear investments for data centers.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:51 pm

LENZ

LENZ Therapeutics' investigational drug LNZ100 for presbyopia has shown positive results in a Phase 3 trial in China, potentially strengthening its position for partnerships outside the U.S. The drug met primary and secondary endpoints, showing significant improvement in visual acuity. The FDA has accepted LENZ's marketing application for LNZ100, with a PDUFA date set for August 8, 2025.

Portfolio Pulse from Vandana Singh

October 28, 2024 | 5:51 pm

GOOG

GOOGL

META

MSFT

Meta Platforms Inc is developing an AI-powered search engine to reduce its reliance on Alphabet's Google and Microsoft's Bing. This move aims to enhance Meta's AI chatbot capabilities by providing conversational answers about current events. The company is set to report its Q3 financial results soon, with expectations of strong earnings.

Portfolio Pulse from Adam Eckert

October 28, 2024 | 5:37 pm

SPAI

Safe Pro Group Inc. (NASDAQ:SPAI) shares surged after showcasing its SpotlightAI demining solution at an AWS event. The solution, powered by AWS, aids in mine detection in Ukraine using AI and drone imagery. The company also launched SpotlightAI 3.0, enhancing demining capabilities.

Portfolio Pulse from Lekha Gupta

October 28, 2024 | 5:09 pm