Streetbeat News

Partnerships

MET

MetLife Pet Insurance has announced a collaboration with the Association of Animal Welfare Advancement to enhance pet insurance offerings and support animal welfare. This partnership aims to provide better insurance options for pet owners and support the welfare of animals through various initiatives.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:08 pm

CVKD

Cadrenal Therapeutics has been granted FDA Orphan Drug Designation for Tecarfarin, aimed at preventing thromboembolism and thrombosis in patients with various heart assist devices. This designation could lead to seven years of market exclusivity and more partnering opportunities post-approval.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:05 pm

MDB

MongoDB has expanded its collaboration with Google Cloud, introducing several integrations and offerings to enhance generative AI applications and industry-specific solutions. This includes the general availability of MongoDB Atlas Search Nodes on Google Cloud, a Vertex AI extension, a new Spark integration with BigQuery, joining Google Cloud's Industry Value Network, and a new integration with Google Cloud Manufacturing Data Engine. Additionally, MongoDB Enterprise Advanced is now available on Google Distributed Cloud for applications requiring high security and data privacy.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:04 pm

NUWE

Nuwellis has initiated the use of its Aquadex SmartFlow system for ultrafiltration therapy at Henry Ford Health. This marks a significant step in the application of Nuwellis's technology in healthcare settings, potentially improving patient outcomes and expanding the company's market presence.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:04 pm

SDIG

Stronghold Digital Mining (SDIG) announced that in March 2024, it will shut down its Scrubgrass Plant due to low power prices and expectations that this trend will continue. Instead, SDIG will import electricity for its mining operations under an agreement with Champion Energy Services.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:04 pm

ATER

MELI

Aterian Inc has entered into a partnership with MercadoLibre Inc to sell select products on the Mercado Libre marketplace in Mexico, focusing initially on home and kitchen items. Aterian plans to expand its product offerings and presence across all Mercado Libre marketplaces in Latin America. This move is part of Aterian's strategy to build and acquire e-commerce brands across various categories. Following the announcement, Aterian's shares saw a 1.82% increase in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 1:01 pm

SMCI

SiMa.ai has announced a collaboration with CVEDIA and Supermicro (SMCI) to enhance machine learning capabilities. This partnership aims to leverage each company's strengths in developing advanced AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:01 pm

SABR

LATAM Airlines Group has implemented Sabre's Air Price IQ, a cloud-native solution designed to enhance offer generation by analyzing real-time data and marketplace insights. This adoption aims to improve LATAM's pricing strategies and competitiveness in the market.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:57 pm

ACRV

LASE

VVOS

Laser Photonics (LASE) shares surged 167% after securing an order from L3Harris Technologies for its LaserTower COMPACT system. Acrivon Therapeutics (ACRV) shares jumped 87% following a $130 million private placement financing. Vivos Therapeutics (VVOS) shares increased 53% as its CARE Oral Medical Devices received full Medicare reimbursement approval and announced an offer for sale of up to 1.7M shares by a selling stockholder.

Portfolio Pulse from ryanfaloona@benzinga.com

April 09, 2024 | 12:56 pm

EPD

Enterprise Products Partners L.P. (EPD) has been granted a deepwater port license for its Sea Port Oil Terminal (SPOT) project. This license allows EPD to progress with the development of the SPOT project, aimed at enhancing its oil export capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:52 pm