Streetbeat News

Partnerships

GOOG

GOOGL

MELI

NWS

Google showcased the utilization of its AI technology by various companies including News Corp and MercadoLibre, demonstrating the diverse applications of AI across different industries.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 5:17 pm

GOOGL

WMT

Walmart's Chief Technology Officer (CTO) delivered a presentation at the Google Cloud Next '24 keynote event, showcasing the collaboration between Walmart and Google Cloud.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 5:15 pm

PANW

Palo Alto Networks' stock is trading higher following the announcement of an expanded partnership with Google Cloud. This development is expected to enhance the company's cloud security offerings and potentially increase its market share in the cybersecurity sector.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:44 pm

RVSN

Rail Vision Ltd (NASDAQ:RVSN) shares surged 10.2% to $1.73 after announcing an order for its AI-powered Switch Yard System from a major North American Class 1 freight rail company. This order marks a significant milestone in Rail Vision's expansion into the North American market, demonstrating industry confidence in their technology. The system will be installed and evaluated for safety scenarios on the freight company's locomotive.

Portfolio Pulse from Henry Khederian

April 09, 2024 | 4:35 pm

CVS

Aetna Better Health of Michigan, a part of CVS Health, has been recommended for a contract to provide a comprehensive health care program. The financial terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:12 pm

ACRV

BPTS

CGNT

LASE

TLRY

VINC

U.S. stocks traded lower with the Dow Jones falling 150 points. Real estate shares rose by 0.3%, while financial shares dropped by 1.2%. The NFIB Small Business Optimism Index declined to 88.5. Laser Photonics (LASE) surged 139% after securing an order from L3Harris Technologies. Acrivon Therapeutics (ACRV) jumped 69% following a $130 million financing announcement. Biophytis (BPTS) gained 10% after FY23 results. Vincerx Pharma (VINC), Cognyte Software (CGNT), and Tilray Brands (TLRY) saw significant drops after respective updates.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 4:05 pm

ADBE

Adobe has launched Frame.io V4, enhancing collaboration across the content creation lifecycle. This update simplifies workflows, enables richer feedback, and supports a wider range of content types including images and PDFs. New integrations with Photoshop and Workfront aim to streamline enterprise collaboration. Frame.io V4, as part of Adobe GenStudio, can be combined with Adobe Express and Adobe Firefly Services for scalable content production.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:03 pm

AMD

GOOG

GOOGL

NVDA

TSLA

UBER

Elon Musk announced a Tesla Robotaxi unveil on 8/8, sparking interest and speculation. While regulatory hurdles remain, the announcement could impact Tesla (TSLA) and Uber (UBER) stocks, as well as AI-related companies like NVIDIA (NVDA), AMD, Alphabet (GOOG/GOOGL), and others. Uber, having shut down its own robotaxi division, might face negative impacts unless it partners with Tesla or another provider. The news also presents potential opportunities for investors in AI stocks.

Portfolio Pulse from The Arora Report

April 09, 2024 | 4:03 pm

AMD

BlackBerry shares are trading higher following the announcement of a robotics collaboration with AMD. This partnership is expected to leverage BlackBerry's expertise in security and mobility with AMD's advanced computing technologies to innovate in the robotics sector.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 3:57 pm

NRIX

Nurix Therapeutics shares are trading higher following the announcement of an extension of its ongoing research program with Sanofi for STAT6. This extension indicates a continued partnership and potential for future developments in their collaborative efforts.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 3:51 pm