Streetbeat News

Partnerships

AMZN

CMCSA

NBCUniversal's Peacock, owned by Comcast (CMCSA), will exclusively air the NFL's opening week Friday game in Brazil. Additionally, the NFL announced that Amazon's Prime Video (AMZN) will have exclusive rights to a playoff game. The NFL also plans to schedule at least one game on Christmas for the upcoming season.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:26 pm

ADBE

MSFT

Adobe and Microsoft have announced a partnership to integrate Adobe Experience Cloud workflows and insights with Microsoft Copilot for Microsoft 365, aimed at enhancing marketers' efficiency and creativity. This collaboration, revealed at the Adobe Summit, will allow marketers to manage workflows more efficiently by overcoming application and data silos. The integration will provide marketers with generative AI-powered capabilities, enabling them to develop creative briefs, content, and manage approvals directly within Microsoft 365 applications like Outlook, Teams, and Word.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:03 pm

ADBE

Adobe announced the launch of generative AI solutions aimed at enhancing the content supply chain for enterprises during the Adobe Summit. These solutions, including Adobe GenStudio and Adobe Firefly, are designed to streamline the creation, management, and measurement of marketing content and personalized customer experiences. Integrated with Adobe Experience Cloud and Creative Cloud, these offerings aim to address the challenges of disconnected workflows and the increasing demand for personalized content. Pfizer is highlighted as a key partner leveraging Adobe's solutions to improve its content delivery for medical information.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:02 pm

KULR

LMT

KULR Technology Group, Inc. (NYSE:KULR) shares surged after receiving a significant six-figure contract from Lockheed Martin Corporation (NYSE:LMT) to develop phase change material heat sinks for thermal regulation of electronics in long-range precision missiles. This contract, following successful evaluations of KULR's cooling solutions, highlights its role in innovative thermal management for high-stakes applications.

Portfolio Pulse from Lekha Gupta

March 26, 2024 | 3:29 pm

EFSH

1847 Holdings LLC (EFSH) has requested the withdrawal of its Registration Statement on Form S-3, initially filed on February 1, 2023, with no shares sold under this statement. The company emphasizes its focus on building value within its portfolio, highlighting recent developments with ICU Eyewear, Signature Home Craft, and Wolo Manufacturing. These initiatives aim to enhance shareholder value and reflect the company's strategy of acquiring and improving small companies for higher valuations through sales or IPOs.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 3:04 pm

CSCO

F

Cisco and Ford Motor Company have announced the integration of the Webex app into Ford and Lincoln vehicles, offering an enhanced in-vehicle workspace experience. This collaboration allows users to join Webex meetings via audio while driving and video when parked, directly through the vehicle's infotainment system. The service is available on select vehicles, including the 2024 Lincoln Nautilus, with plans to expand to the 2025 Lincoln Aviator and 2025 Ford Explorer.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 3:02 pm

MMM

3M (NYSE:MMM) has invested in EVOLOH, a cleantech company focusing on scaling up electrolyzer manufacturing for affordable and efficient green hydrogen production. This investment is part of 3M's commitment to supporting the hydrogen economy and clean energy transition. EVOLOH's technology, which does not require precious metals or rare earth materials, aims to lower the costs of electrolyzer modules, installation, and maintenance. 3M Ventures participated in EVOLOH's $20 million Series A fundraising to help scale manufacturing capabilities. This move aligns with 3M's broader initiatives in hydrogen technology development, including high-performance catalyst technology and a joint project with HD Hyundai for hydrogen storage solutions.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 3:01 pm

FDX

FXI

China's Commerce Minister met with the CEO of FedEx in Beijing, signaling potential discussions on trade and logistics between China and the multinational courier delivery services company.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:57 pm

ALLG

Allego N.V. shares are trading higher following the announcement of a charging partnership with Ford. This collaboration is expected to enhance Allego's market position and potentially increase its revenue streams through expanded charging infrastructure and services.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:46 pm

DNUT

MKC

PRAX

TSLA

U.S. stocks were higher on Tuesday, with Tesla Inc (TSLA) seeing a 5.8% surge amid reports of Italy's interest in electric truck production with the company. Other stocks like Krispy Kreme (DNUT), McCormick & Company (MKC), and Praxis Precision Medicines (PRAX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 2:36 pm