Streetbeat News

Partnerships

X

US Steel (X) and CarbonFree have entered into a definitive agreement to capture carbon dioxide emissions. This partnership aims to reduce the environmental impact of US Steel's operations by implementing CarbonFree's technology to capture and reduce CO2 emissions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:01 am

GIB

CGI has entered into a partnership with MOSL to manage core platforms, enhancing operational efficiency and service delivery.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 10:33 am

META

NFLX

Meta Platforms Inc. (NASDAQ:META) has denied allegations of sharing Facebook Messenger chats with Netflix Inc. (NASDAQ:NFLX), stating the partnership only allowed users to share their Netflix viewing with Facebook friends directly from the Netflix app. The denial follows claims of a 'special relationship' that supposedly gave Netflix access to private messages for advertising purposes. Meta's stock rose 1.23% following the clarification.

Portfolio Pulse from Rounak Jain

April 03, 2024 | 9:08 am

AMBA

SANY Group and Ambarella, Inc. (NASDAQ:AMBA) have announced a strategic cooperation to develop and deploy advanced automated driving solutions using Ambarella's CV3-AD SoCs. The partnership aims to achieve technical validation and start production of the first vehicle model by 2025.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 9:02 am

ADXN

Addex has partnered with Perceptive to launch Neurosterix, a new venture focused on developing treatments for neurological disorders, with an initial funding of $63 million. The funding comes from Perceptive Xontogeny Venture Fund II, Perceptive Life Sciences Fund, and Acorn Bioventures. Neurosterix will acquire a portfolio of preclinical assets and the allosteric modulator drug discovery technology platform from Addex to accelerate their development.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 7:31 am

HYMTF

KIMTF

Hyundai Motor and Kia have unveiled DAL-e Delivery, an autonomous delivery robot featuring advanced technologies like autonomous driving and face identification. Designed for complex environments such as offices and malls, DAL-e Delivery can navigate obstacles and narrow passages, reaching speeds of up to 1.2 m/s. It boasts a large cargo capacity and is set to debut in the second quarter at IGIS Asset Management's 'Factorial Seongsu', aiming to transform F&B and parcel delivery services.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 6:40 am

ADXN

Addex and Perceptive Advisors have launched Neurosterix, a new venture focused on developing allosteric modulator therapeutics for neurological disorders, with a $63M investment. Addex contributes its portfolio of preclinical neuroscience assets and its discovery technology platform, receiving CHF5M and a 20% share in Neurosterix.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 5:36 am

DIS

INTC

TSLA

TSM

VVPR

Tesla, Disney, Intel, TSMC, and VivoPower are the focus of investors today. Tesla's stock fell due to a decline in Q1 deliveries. Disney's stock rose, buoyed by optimism around Bob Iger's strategy. Intel's stock dropped after revealing its foundry business financial framework. TSMC's stock declined slightly, despite a partnership with Intel to boost U.S. production. VivoPower surged after announcing a merger with Cactus Acquisition Corp. 1 Limited.

Portfolio Pulse from Benzinga Neuro

April 03, 2024 | 3:47 am

SSNC

Australian asset manager Perennial Partners has chosen SS&C Technologies Holdings, Inc. (SSNC) for its unit registry services. This partnership highlights SS&C's growing influence in the asset management sector, particularly in the Australian market.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 9:05 pm

IE

RS

X

Nippon Steel commits to the United Steelworkers union in its $14.1 billion bid for U.S. Steel, promising $1.4 billion in capital spending and no layoffs through 2026. Ivanhoe Electric announces significant copper find in Montana, with promising drilling results. Iron ore prices rise due to optimism around China's industrial recovery. Reliance, Inc. acquires Ohio-based Mid-West Materials, focusing on North American manufacturing.

Portfolio Pulse from Austin DeNoce

April 02, 2024 | 9:02 pm