Streetbeat News

Partnerships

IMAX

IMAX Corporation (NYSE:IMAX) and Miraj Cinemas have announced a partnership to install three new IMAX with Laser systems across India, marking IMAX's largest expansion in the country in five years. The new locations will include Mumbai and Jaipur, with a third location to be determined. This expansion follows a record-breaking year for IMAX in India, with significant revenue driven by both Hollywood and Indian blockbusters. The new IMAX with Laser systems represent the most advanced cinematic experience, featuring 4k laser projection with brighter images, deeper contrast, and a wider color range.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:34 pm

COIN

ETHUSD

SEC Commissioner Hester Peirce, known as 'Crypto Mom', criticized the SEC's cautious approach to cryptocurrency regulation, advocating for a more innovation-friendly environment. She opposes the SEC's efforts to block Ethereum ETFs and target U.S.-based exchanges like Coinbase and Kraken. Peirce highlighted the need for clear regulations to support businesses and innovation, particularly criticizing the 2017 DAO Report for stifling innovation by not adapting regulations to new asset classes.

Portfolio Pulse from Murtuza Merchant

April 10, 2024 | 5:13 pm

GOOGL

NTAP

NetApp (NASDAQ:NTAP) expands its partnership with Google Cloud, introducing the Flex service level for Google Cloud NetApp Volumes to enhance cloud data storage flexibility. This service supports storage volumes of nearly any size and is designed to facilitate generative AI (GenAI) and other hybrid cloud workloads. Additionally, NetApp previews its GenAI toolkit for retrieval-augmented generation (RAG) operations using Google Cloud's Vertex AI platform. The Flex service level offers scalable storage options and will be available across 15 Google Cloud regions by Q2 2024, with further expansion planned. The GenAI toolkit aims to optimize RAG processes, supporting data classification, tagging, and cloning for efficient and secure AI data pipelines.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 5:02 pm

DELL

T

Dell Technologies partners with AT&T to offer secure network solutions for modern businesses, enhancing connectivity and security for hybrid and remote work environments. This collaboration introduces a carrier promotion that leverages AT&T's network for connected PCs, addressing the growing demand for reliable and secure cellular connectivity, especially with the advent of 5G. The promotion includes up to a $100 bill credit and discounted rates from AT&T, along with concierge support for service activation, aiming to simplify the adoption of connected PCs for commercial customers.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 4:57 pm

BBY

ROKU

Roku, Inc. (NASDAQ:ROKU) shares fell by 3.34% to $60.75 following announcements of new features and premium televisions, the Roku Pro Series, available at Best Buy (NYSE:BBY) and online. The company is enhancing its platform with Backdrops, Roku Smart Picture, and updates to browse, discovery, and mobile apps across all U.S. devices. Additionally, Roku launched the NBA FAST channel and NBA Zone in partnership with the National Basketball Association.

Portfolio Pulse from Nabaparna Bhattacharya

April 10, 2024 | 4:56 pm

APCX

AppTech Payments Corp's CTO, Mehrak Hamzeh, discusses the role of AI in fraud prevention and the company's future in fintech. AppTech, leveraging AI, aims to detect unusual activities and flag fraud, enhancing transaction security. The company is expanding its global fintech platform, introducing InstaCash, and targeting exponential growth by integrating banking and payment solutions with lower fees. AppTech's strategy includes acquiring patent portfolios and forming partnerships across various sectors, aiming to onboard 100 companies in the next 24 months.

Portfolio Pulse from Renato Capelj

April 10, 2024 | 4:32 pm

ORGS

Germfree and Orgenesis Inc. (NASDAQ:ORGS) announced an asset purchase and strategic partnership to revolutionize cell and gene therapy production, aiming for global accessibility and affordability. The collaboration will leverage Germfree's modular cleanroom technology and Orgenesis' cell and gene therapy processes to reduce production costs and enable broader adoption of these treatments. The partnership will co-market Orgenesis' decentralized Octomera service platform and its mobile processing units globally, focusing on immuno-oncology and meeting growing demand.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 4:01 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares dropped 2.84% amid news of CEO Elon Musk's planned visit to India to meet Prime Minister Narendra Modi. The visit, coinciding with India's elections, aims to announce investments for a new Tesla factory. Musk's trip is seen as a move to bolster Modi's pro-business image and Tesla's interest in the Indian market, with the company having lobbied for lower import taxes and started production of right-hand drive vehicles for India.

Portfolio Pulse from Nabaparna Bhattacharya

April 10, 2024 | 3:50 pm

BSFC

Blue Star Foods shares surged following the announcement of a supply agreement with Eagle Rising to provide food solutions to the US Military. This deal marks a significant milestone for Blue Star Foods, potentially expanding its market presence and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:06 pm

GOOG

GOOGL

Google has announced the general availability of Google Cloud Consulting's Delivery Navigator to all qualified services partners, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:05 pm