Streetbeat News

Partnerships

PLL

Piedmont Lithium announced that the joint venture partners of North American Lithium (NAL) aim to achieve steady state production by 2024. This move is part of their strategy to enhance lithium production capabilities to meet growing demand.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:54 am

EADSY

Air Lease Corporation announced it has 320 new aircraft on order from Boeing and Airbus, with deliveries scheduled through 2028. This significant expansion of its fleet underscores Air Lease's growth strategy and commitment to modernizing its offerings with more fuel-efficient aircraft.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:35 am

KBR

KBR, Inc. has been awarded an engineering services contract by First State Hydrogen. This contract signifies KBR's entry into the growing hydrogen market, potentially enhancing its portfolio of services in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:01 am

AAPL

IYW

MSFT

QCOM

VGT

Microsoft Corp is set to unveil its Qualcomm-powered 'AI PCs' aimed at surpassing Apple Inc's MacBook Air in performance. These devices, featuring Snapdragon X Elite processors, are expected to excel in CPU performance, AI-accelerated tasks, and app emulation. Microsoft plans to showcase these capabilities against Apple's M3 MacBook Air, emphasizing faster CPU tasks and more efficient app emulation. The initiative includes the release of consumer versions of the Surface Pro 10 and Surface Laptop 6 with these processors, introducing exclusive AI-powered Windows functionalities. Microsoft's move reflects a broader industry trend towards integrating AI into PCs, with significant investments from other tech giants like AMD and Intel.

Portfolio Pulse from Anusuya Lahiri

April 09, 2024 | 9:43 am

PRTC

PureTech has launched Seaport Therapeutics with an oversubscribed Series A funding of $100M. Daphne Zohar steps down as PureTech's CEO to lead Seaport, with Bharatt Chowrira taking over as PureTech's new CEO. Eric Elenko is promoted to President of PureTech.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 7:39 am

VSTE

Vast Renewables and 1414 Degrees have entered into a key term sheet for transmission access at the Aurora Energy Precinct. VSTE, potentially related to Vast Renewables, is mentioned in the context.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 7:08 am

AMD

BlackBerry Limited announced a collaboration with AMD at Embedded World to revolutionize next-generation robotic systems. This partnership aims to address the need for 'hard' real-time capabilities in robotics, focusing on industrial and healthcare sectors. The collaboration promises enhanced performance, reliability, and scalability for robotic systems.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 7:02 am

DCOM

Dime Community Bancshares has expanded its private and commercial banking operations by hiring a new group focused on deposits. This move aims to strengthen the bank's deposit base and enhance its service offerings in the private and commercial banking sectors.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 6:30 am

CTSH

GOOG

SHOP

Cognizant has formed a strategic alliance with Shopify and Google Cloud to revolutionize enterprise retail. This partnership leverages Shopify's commerce platform, Google Cloud's AI infrastructure, and Cognizant's expertise in retail technology.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 6:26 am

AAWH

GTBIF

TSNDF

VRNOF

The DOJ acknowledged in a court filing that state cannabis legalization has increased tourism, as part of its argument to dismiss a lawsuit by cannabis companies challenging federal prohibition. The lawsuit, led against U.S. Attorney General Merrick Garland by companies including Verano Holdings, Ascend Wellness, TerrAscend, and Green Thumb Industries, argues that federal laws hinder their operations despite state compliance. The DOJ's stance highlights the economic benefits of legalization and asserts federal oversight under the Commerce Clause.

Portfolio Pulse from Patricio Liddle

April 08, 2024 | 10:51 pm