Streetbeat News

Partnerships

CG

BMO Global Asset Management (BMO GAM) has partnered with Carlyle to launch a private equity strategy for Canadian accredited investors, offering access to a global diversified private equity portfolio through a single fund available this spring.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:04 am

AMGDF

Aston Martin Lagonda Glb (OTC:AMGDF) appoints Adrian Hallmark, current head of Bentley, as its new CEO effective Oct. 1. Hallmark replaces Amedeo Felisa amidst Aston Martin's efforts to manage a significant debt burden. The company aims for stability and growth under Hallmark's leadership, leveraging his extensive experience in the luxury automotive sector.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 9:38 am

NVDA

SMCI

Jim Cramer expressed a preference for Nvidia Corporation (NVDA) over Super Micro Computer, Inc. (SMCI), even if it means buying NVDA at a significantly higher price. This statement was made on CNBC's 'Mad Money', highlighting Cramer's lack of enthusiasm for SMCI despite its recent achievements, including its entry into the S&P 500 and strategic partnerships with Nvidia and AMD. As of the last trading session, SMCI's stock saw an 8.38% increase, closing at $971.61, while NVDA's stock rose by 1.18%, closing at $914.35.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 9:31 am

FXI

HPQ

China's Commerce Minister Wang Wentao expressed his hope for HP to enhance its innovation and investment efforts in the Chinese market, as reported by Reuters.

Portfolio Pulse from Charles Gross

March 22, 2024 | 9:16 am

NAAS

NaaS Technology (NASDAQ:NAAS) partners with CSG Hainan EV to enhance EV charging services in Hainan, China, integrating 193 charging stations and 700 DC chargers into its network. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 8:51 am

MANU

Manchester United has announced a multi-year global partnership with Malaysia Airlines, making it the club's official commercial airline. This partnership aims to enhance the club's global reach and provide unique experiences for fans and customers of both entities.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:02 am

TSLA

Mark Cuban defended a social media user's rant about diversity and inclusion, emphasizing understanding and empathy in the workplace. He responded to criticism about hiring practices related to diversity issues. Cuban has previously engaged in discussions with Elon Musk on diversity and inclusion, and despite disagreements, continues to advocate for these values. Cuban's stance on diversity and inclusion was highlighted in a recent MasterClass course.

Portfolio Pulse from Benzinga Neuro

March 22, 2024 | 1:20 am

EA

Margot Robbie, following the success of 'Barbie,' is working on a movie adaptation of the video game 'The Sims' with her company LuckyChap, alongside Vertigo Entertainment and Electronic Arts Inc (EA). The project, directed by Kate Herron, aims to replicate the success of 'Barbie' and potentially boost interest in 'The Sims' game series.

Portfolio Pulse from Chris Katje

March 21, 2024 | 10:42 pm

HAS

Larian Studios announced at the Game Developers Conference that Baldur's Gate 3 will not receive any expansions or downloadable content (DLC), and the studio will move away from the Dungeons & Dragons universe. The Baldur's Gate IP will be handed over to Wizards of the Coast, a subsidiary of Hasbro Inc (NASDAQ:HAS). This decision marks a significant shift for Larian Studios, known for its role in the RPG genre, and puts the future development of Baldur's Gate 4 in uncertainty as Wizards of the Coast may look for another developer.

Portfolio Pulse from Franca Quarneti

March 21, 2024 | 10:21 pm

ATLX

CMC

NEM

TX

X

Commercial Metals Company reported lower Q2 earnings and sales compared to last year, but saw strategic growth and a strong upcoming construction season. Newmont Corporation experienced bearish options activity, indicating investor sentiment expects a price range of $30 to $40 in the next three months. Atlas Lithium Corporation announced Brian Talbot as new COO, preparing for its first revenues and production in Q4 2024. United States Steel celebrated volunteer efforts with donations to charities. Ternium received an Overweight rating from JPMorgan with a raised price target.

Portfolio Pulse from Austin DeNoce

March 21, 2024 | 10:07 pm