Streetbeat News

Partnerships

DTSS

Datasea Inc. (DTSS) has entered into a sales agreement with Shenzhen Xiaoranfang Marketing Co., Ltd. for the sale of up to approximately $8.45 million of its acoustic high tech products. This partnership aims to boost Datasea's product sales both domestically and internationally, including on U.S. platforms like Amazon. The agreement covers the sale of Datasea's 'Hailijia' and 'Star Dream' series, which include air disinfection machines and sleep aids. The partnership is expected to be a key driver of Datasea's future revenue growth.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:02 pm

DIS

Disney CEO Bob Iger announced that the company is actively seeking strategic partners for ESPN and has been engaged in ongoing discussions. This statement was reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:59 pm

CLOD

DAT

IGV

ORCL

PLTR

SHLD

Palantir Technologies Inc. (PLTR) and Oracle Corporation (ORCL) have entered into a partnership to provide secure cloud and AI solutions globally. Palantir will move Foundry workloads to Oracle Cloud Infrastructure and make its Gotham and AI Platforms deployable across Oracle's distributed cloud. The collaboration aims to optimize data value and competitive edge for businesses and governments. PLTR shares rose by 3.95%, while ORCL shares increased by 0.57%. Investors can gain exposure to PLTR and ORCL through ETFs like DAT, SHLD, IGV, and CLOD.

Portfolio Pulse from Nabaparna Bhattacharya

April 04, 2024 | 1:47 pm

GROM

Grom Social Enterprises, Inc. (NASDAQ:GROM) and Arctic7 are forming a synergy council to explore gaming production and ancillary revenue growth opportunities following GROM's LOI to acquire Arctic7. This collaboration aims to leverage Arctic7's expertise in game development with GROM's family-friendly entertainment offerings. Arctic7, having achieved significant growth and attended the successful GDC 2024 conference, anticipates reaching $14 million in revenue in FY24. The partnership seeks to expand GROM's properties into games and create original content.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:33 pm

UBER

Uber Technologies Inc has partnered with The Vitamin Shoppe to offer health and wellness products on the Uber Eats app across the U.S. This partnership makes The Vitamin Shoppe Uber's first U.S. national nutritional supplement retailer available for on-demand and scheduled delivery. Uber One members will enjoy benefits such as a $0 delivery fee and up to 10% off on orders over $15. UBER shares saw a slight increase of 0.42% to $77.13.

Portfolio Pulse from Shivani Kumaresan

April 04, 2024 | 1:33 pm

ABAT

American Battery Technology Company (ABTC) has been awarded an additional $40.5M tax credit by the U.S. Department of Treasury to accelerate the construction of a new lithium-ion battery recycling facility in the U.S. This award, part of the Qualifying Advanced Energy Project Credits program, supplements a previous $20M credit and aims to expand North America's closed-loop battery metals supply chain. ABTC is engaging with major automotive OEMs and battery cell manufacturers for recycling services and is planning the new facility to increase domestic critical battery minerals manufacturing capacity.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:26 pm

TYL

Tyler Technologies, Inc. (NYSE:TYL) has successfully implemented its Enterprise Supervision solution for the Guam Department of Corrections, transitioning the department from a paper-based system to a unified electronic platform. This platform, powered by Amazon Web Services (AWS), enhances efficiency and security in managing parole processes, significantly reducing implementation time.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:23 pm

ACN

GOOG

GOOGL

Accenture Federal Services and Google Public Sector have launched a Data and AI Center of Excellence. This initiative marks the next phase of their expanded strategic alliance, aiming to deliver advanced data and generative AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:10 pm

MSFT

Cloud Software Group, Inc. and Microsoft Corp. have announced an eight-year strategic partnership to enhance their collaboration on cloud and AI solutions, including the Citrix virtual application and desktop platform. Cloud Software Group commits $1.65 billion to Microsoft's cloud and generative AI capabilities. The partnership emphasizes Citrix as the preferred Microsoft Global Azure Partner solution for Enterprise Desktop as a Service, leveraging Microsoft Azure and integrating solutions like Azure Virtual Desktop and Windows 365. The collaboration aims to accelerate customer cloud journeys, increase developer productivity, and enhance customer experiences with integrated solutions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:06 pm

AMZN

CCL

CUK

Holland America Line has partnered with Audible to create a virtual book club for guests, enhancing their experience both on board and ashore. This collaboration includes curated destination-focused playlists, free in-stateroom content, and exclusive offers for guests.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:03 pm