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Partnerships

INKT

MiNK Therapeutics, Inc. (NASDAQ:INKT) announced promising preclinical data for MiNK-215, a novel CAR-iNKT cell therapy targeting colorectal cancer liver metastases, at the AACR Meeting. The therapy showed potent anti-tumor activity in human organoid models, including tumor stroma remodeling, immune activation, and enhanced tumor killing. The results suggest MiNK-215 could overcome limitations of current immunotherapies and work synergistically with other treatments like Agenus' botensilimab and balstilimab.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:02 pm

AGCO

AGCO Corporation (NYSE:AGCO) announced the launch of PTx, a new precision ag technology brand, combining technologies from Precision Planting and the new joint venture, PTx Trimble. PTx aims to accelerate AGCO's technology transformation, offering retrofit and factory-fit solutions to farmers globally through specialized dealers and OEM partnerships. The initiative is led by Seth Crawford and aims to provide seamless, intelligent, and farmer-centric technologies. The JV with Trimble was completed on April 1, 2024, with Andrew Sunderman named as General Manager of PTx Trimble.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:52 pm

AMD

AOTG

INTC

NVDA

SOXQ

Advanced Micro Devices, Inc (NASDAQ:AMD) announced plans to open-source the MES firmware for Radeon GPUs, enhancing control over graphics cards. This move is part of AMD's strategy to increase open-source accessibility of its GPU technology. The initiative is significant for Tiny Corp and could allow AMD to integrate third-party chiplets, offering more modular computing solutions. Analysts anticipate significant revenue growth for AMD, citing its MI300s as a growth catalyst and its CPUs' dominance in cloud servers. AMD's stock has seen over a 78% increase in the last 12 months, with exposure to AI beneficiaries available through AOT Growth And Innovation ETF (NASDAQ:AOTG) and Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ).

Portfolio Pulse from Anusuya Lahiri

April 08, 2024 | 2:56 pm

ALCC

FANG

AltC Acquisition Corp's shares increased following the announcement of a non-binding letter of intent between Oklo and Diamondback Energy for a 20-year Power Purchase Agreement collaboration.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:41 pm

IXN

MSFT

VGT

Microsoft Corp (NASDAQ:MSFT) has announced a significant £2.5 billion investment in the UK, focusing on AI talent acquisition and data center expansion. This includes the establishment of a new consumer AI division hub in London, led by AI scientist Jordan Hoffmann, formerly of Inflection AI. The investment aims to expand Microsoft's data center footprint in the UK and train over a million people for the AI economy. Microsoft's stock has seen a 47% increase over the last 12 months, and exposure to MSFT can be gained through IShares Global Tech ETF (NYSE:IXN) and Vanguard Information Tech ETF (NYSE:VGT).

Portfolio Pulse from Anusuya Lahiri

April 08, 2024 | 2:39 pm

CNVS

Cineverse (NASDAQ:CNVS) has partnered with Gracenote, a Nielsen company, to enhance its AI-powered entertainment search platform, cineSearch, with Gracenote's extensive metadata for films and TV shows. This collaboration aims to solve the significant consumer problem of finding what to watch by leveraging Gracenote's datasets for personalized search results and seamless viewing across over 60 streaming services. The cineSearch platform, developed using Google Cloud's Vertex AI Search and Gemini large language models, is set to revolutionize content discovery by offering a unified search engine that supports extensive traits for recommendations. The partnership also facilitates real-time metadata updates for new titles and supports cineSearch's international expansion.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:32 pm

ACN

Accenture (NYSE:ACN) has acquired Axis Corporate, a Spanish management and technology consulting firm specializing in financial services. This acquisition enhances Accenture's offerings in Spain, allowing financial services companies to reinvent their business models, manage costs more effectively, and develop new products faster. Axis Corporate, founded in 2005 and headquartered in Barcelona, brings approximately 110 specialized professionals to Accenture's Strategy & Consulting practice. The acquisition aims to bolster Accenture's ability to accelerate continuous reinvention for its clients in the financial services sector.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:16 pm

SATL

Tata Advanced Systems Limited (TASL) and Satellogic Inc. (NASDAQ:SATL) launched the TSAT-1A satellite into orbit using SpaceX's Falcon 9 rocket. This marks a significant step in their aerospace collaboration, with the satellite offering enhanced optical images through advanced technologies. The launch occurred on April 7, 2024, and is part of a partnership aimed at developing advanced EO satellites. Despite this achievement, SATL shares saw a decrease of 1.27% to $1.53.

Portfolio Pulse from Akanksha Bakshi

April 08, 2024 | 1:46 pm

BABA

Ant Group is expanding its global reach by partnering with Alipay+ to enable NayaPay users in Pakistan to pay at 80 million merchants in China directly through their app. Additionally, Ant International is launching a new initiative to create International Consumer Friendly Zones across China's main tourist and commercial cities to boost local consumption by providing a seamless cross-border payment experience.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:32 pm

ASPI

ASP Isotopes has signed a $2M contract with a U.S.-based SMR company for a project aimed at engineering design and planning for an enrichment facility dedicated to the production of advanced nuclear fuels. This move signifies ASP Isotopes' entry into the nuclear fuel production sector and its collaboration with the SMR company to enhance the infrastructure for advanced nuclear technologies.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:24 pm