Streetbeat News

Partnerships

CBOE

COIN

Franklin Templeton has filed for SEC approval to launch a new ETF that tracks Bitcoin and Ethereum, expanding its crypto offerings. The ETF will be traded on the CBOE, with BNY Mellon and Coinbase as custodians.

Portfolio Pulse from Murtuza Merchant

October 03, 2024 | 6:11 pm

Visa Inc. has announced the Visa Tokenized Asset Platform (VTAP) in collaboration with BBVA to issue fiat-backed tokens on blockchain networks. BBVA has been testing VTAP functionalities and plans a pilot on the Ethereum blockchain by 2025. VTAP aims to integrate fiat currencies with blockchain technology, offering banks the ability to mint and transfer fiat-backed tokens with minimal technical setup.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2024 | 6:06 pm

AIPI

CRWD

LRNZ

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) has expanded its Marketplace, enhancing its cybersecurity ecosystem by integrating more solutions with the Falcon platform. This move is expected to optimize cybersecurity investments and improve customer success. CRWD shares rose by 1.31% following the announcement.

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 6:02 pm

BUYZ

IYT

UBER

Uber Technologies has partnered with Avride to integrate autonomous delivery robots and vehicles into its services, starting in Austin and expanding to other cities. Additionally, Uber has formed a strategic partnership with ENSO for low-emission EV tires. These initiatives highlight Uber's focus on sustainable and innovative transportation solutions.

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 5:51 pm

AHOY

EFRA

TTEK

Tetra Tech, Inc. (NASDAQ:TTEK) has been awarded a $249 million contract by the U.S. Army Corps of Engineers to provide environmental services across the U.S. This contract is expected to boost Tetra Tech's stock, which has already gained over 58% in the past year. Investors can also gain exposure through ETFs like Tidal ETF Trust Newday Ocean Health ETF (NYSE:AHOY) and iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA).

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2024 | 5:33 pm

UBER

Uber Technologies has announced a strategic partnership with Enso to introduce range-extending and low-emission EV tires in the UK and USA. This move aligns with Uber's commitment to sustainability and could enhance its service efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 4:52 pm

PARA

PARAA

Paramount Global is collaborating with Saber Interactive and Avatar Studios to develop a new AAA action-RPG game set in the Avatar Legends universe. This game will feature a new Avatar and promises an immersive experience for fans.

Portfolio Pulse from Franca Quarneti

October 03, 2024 | 4:34 pm

UGRO

Urban-gro shares rose following the announcement of a $12 million contract in the US cannabis industry.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 4:30 pm

EQIX

SRHR

SRVR

Equinix, Inc. (NASDAQ:EQIX) announced a $15 billion joint venture with GIC and CPP Investments to expand its xScale data centers globally, focusing on AI and cloud growth. Equinix will own 25% of the JV, which aims to triple the xScale program's investment capital. EQIX shares are down 0.98%.

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 4:02 pm

TPC

Tutor Perini's subsidiary, Fisk Electric, has been awarded the first phase of a $147 million electrical contract for a new Harris Health hospital in Texas. The initial phase is valued at $29 million, with work starting in Q4 2024 and completion expected by Q4 2028.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:49 pm