Streetbeat News

Partnerships

AREB

American Rebel has reached a distribution agreement for its American Rebel Beer, expanding its market presence and potentially increasing its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:27 pm

ABAT

American Battery Technology Company (ABTC), listed as ABAT on NASDAQ, has announced the commissioning of its pilot plant for producing battery grade lithium hydroxide from Nevada claystone, marking a significant step in commercializing its unique lithium extraction process. Supported by a U.S. Department of Energy grant, the plant demonstrates ABTC's capability to produce lithium hydroxide for strategic customers. ABTC plans to expand this technology with a commercial-scale refinery, also supported by a DOE grant, and is advancing its battery recycling technologies.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:21 pm

CAH

EVR

MCK

Evercore has reported that McKesson has secured a contract with OptumRX starting in July, according to Bloomberg. This development is significant for McKesson, indicating a potential boost in its business operations and future revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:18 pm

NVDA

A Nvidia executive recently met with Vietnam's Minister to discuss cooperation opportunities, according to Bloomberg. This meeting could signal potential new business ventures or expansions for Nvidia in Vietnam, possibly impacting its operations and growth strategy in the region.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:18 pm

NSC

Ancora Holdings Group, LLC, a significant shareholder in Norfolk Southern Corporation (NYSE:NSC), has issued a letter to shareholders urging them to support its campaign to elect a new slate of seven directors to Norfolk Southern's Board at the upcoming Annual Meeting on May 9, 2024. Ancora criticizes the current leadership's handling of the company, particularly its deal with CPKC and the hiring of a third COO in 2.5 years, and advocates for a PSR-powered scheduled network to improve service, safety, and value.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:16 pm

MSFT

SPY

TSLA

Bitcoin transaction fees have reached a 5-year low post-halving, while US stocks anticipate a rise due to Big Tech earnings. The US political landscape is heated with discussions on TikTok bans and support for Israel. Globally, tensions rise with military spending and diplomatic efforts. The NYSE considers 24/7 trading, and tech giants like Microsoft and Meta are in focus. The EV market sees Tesla at 15-month lows and discussions on pricing strategies. Express files for bankruptcy, and TikTok faces regulatory challenges. Quanex acquires Tyman, and Plus Therapeutics receives a grant from the US Department of Defense. Blackstone bids for Hipgnosis, and Elon Musk predicts home robots for every American household.

Portfolio Pulse from Akanksha Bakshi

April 22, 2024 | 1:12 pm

GDC

GD Culture Group announced significant achievements in expanding market reach for small and medium-sized businesses through TikTok, indicating a strategic focus on leveraging social media platforms for business growth.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:08 pm

EEFT

Euronet Worldwide, Inc. (EEFT) and SOFTONE Group have entered into an agreement to offer integrated merchant acquiring services in Greece. This partnership aims to enhance payment solutions for merchants in the region, leveraging Euronet's global payment network and SOFTONE's local market expertise.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:05 pm

CAH

Cardinal Health's stock is trading lower following the announcement that its pharmaceutical distribution contracts with OptumRx will not be renewed. The company also reaffirmed its 2024 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:52 pm

OSK

The U.S. Army Operational Test Command's Airborne and Special Operations Test Directorate has completed the final airdrop test of the Oshkosh Defense FMTV A2 Cargo 6x6 Low-Velocity Airdrop. This marks a significant milestone for Oshkosh Defense in demonstrating the capabilities and reliability of their military vehicle in operational scenarios.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:48 pm