Streetbeat News

Partnerships

IBM

NVDA

CONF3RENCE 2024 and BLOCKCHANCE have partnered to create a premier Web3 event in Europe's Ruhr area, aiming to bridge the traditional economy with Web3 and AI sectors. Scheduled for May 15-16 at Signal Iduna Park, the event will feature over 150 speakers, including representatives from the European Central Bank, NVIDIA, Animoca Brands, IBM, and Litecoin, among others. The conference will host panel discussions, workshops, and offer networking opportunities, with a focus on blockchain and AI technologies.

Portfolio Pulse from Jose Rodrigo Safdiye

April 03, 2024 | 2:25 pm

RVSN

Rail Vision Ltd. (NASDAQ:RVSN) shares rose after announcing an order for its AI-driven Switch Yard System from Loram, marking the start of a pilot project aimed at improving rail track maintenance. Success could lead to broader integration of Rail Vision's solutions in Loram's services nationwide. Despite a 71% loss in the past year, RVSN shares increased by 4.97% to $2.1099.

Portfolio Pulse from Nabaparna Bhattacharya

April 03, 2024 | 2:18 pm

AFRM

AMZN

FCUS

IBUY

SHOP

Needham analyst Kyle Peterson initiated coverage on Affirm Holdings Inc (AFRM) with a Hold rating, citing valuation concerns, high stock-based compensation, and a significant portion of revenue from lending-related income. Despite Affirm's strong position in the BNPL market and potential for international expansion, these factors are expected to keep AFRM shares range-bound. Affirm's partnerships with Amazon (AMZN) and Shopify (SHOP) are highlighted, and investors can also gain exposure through ETFs FCUS and IBUY.

Portfolio Pulse from Anusuya Lahiri

April 03, 2024 | 2:06 pm

LMND

Lemonade, Inc. (NYSE:LMND), an insurtech company, has chosen Prelude Security's Prelude Detect to enhance their endpoint and server workload security. Prelude Detect, known for its partnership with CrowdStrike, will help Lemonade identify and fix protection gaps, ensuring robust security for customer data and maintaining its reputation. This deployment allows Lemonade to confidently manage its security posture, with the ability to generate custom CrowdStrike indicators of attack.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:22 pm

RVSN

Rail Vision has received a $5M purchase order from Loram, marking a significant business development for the company.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:20 pm

CART

PUBM

PubMatic (NASDAQ:PUBM) has announced a partnership with Instacart (NASDAQ:CART) to utilize Instacart's first-party retail media data for programmatic advertising on CTV and premium video campaigns. This collaboration aims to enhance advertising ROI by leveraging a privacy-compliant, scalable solution through PubMatic's Convert. Mars, a leading brand, will be among the first to activate this data for its campaigns. The partnership is part of PubMatic's broader strategy to expand its commerce media solutions, including the launch of Convert, a platform designed to streamline commerce media advertising.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:09 pm

LGND

Ligand Pharmaceuticals (NASDAQ:LGND) has launched Pelthos Therapeutics to commercialize ZELSUVMI, a novel drug for treating molluscum contagiosum. Scott Plesha is appointed CEO of Pelthos. ZELSUVMI, developed with NITRICIL technology, is expected to be available in the US by late 2024. Ligand acquired ZELSUVMI's rights from Novan, Inc. in September 2023. Ligand aims to commercialize ZELSUVMI with partners, continuing its strategy of maximizing value through equity and royalty rights in new entities.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:05 pm

AON

Aon plc (NYSE:AON) announced the retirement of CFO Christa Davies in 2025. Davies will serve as CFO until Q3, then as a senior advisor to assist with the transition. Aon has begun its succession planning process for the next CFO. CEO Greg Case's employment has been extended to 2028. Davies' leadership contributed to Aon's strong financial performance and the development of Aon Business Services, supporting the Aon United strategy.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:04 pm

ALLE

GOOG

GOOGL

Allegion has expanded its mobile credential offerings by integrating Schlage employee badges with Google Wallet, aiming to enhance security and convenience for staff. This collaboration between Allegion and Google signifies a step forward in leveraging technology for secure and efficient workplace access solutions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:01 pm

HSDT

Helius Medical Technologies Inc (NASDAQ:HSDT) announced a partnership with Lovell Government Services to make its PoNS device available to federal healthcare systems, leading to a significant stock price increase. The device, indicated for gait deficit treatment in mild-to-moderate multiple sclerosis, has shown promising real-world results. Additionally, the company received HCPCS codes for the PoNS controller and is seeking marketing authorization for stroke treatment in the U.S.

Portfolio Pulse from Vandana Singh

April 03, 2024 | 12:55 pm