Streetbeat News

Partnerships

FINV

FinVolution has signed a strategic cooperation agreement with SeaBank Philippines to foster regional growth. This partnership aims to leverage FinVolution's technological capabilities and SeaBank's local market presence to enhance financial services in the region.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 9:32 am

PLTR

Palantir Technologies Inc. has partnered with the Ministry of Education and Science of Ukraine to enhance safety in schools for in-person education. This collaboration aims to create safer conditions for students and staff by leveraging Palantir's data analytics and security technologies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 9:01 am

SRAD

Sportradar (NASDAQ:SRAD) and Oddin.gg have entered into a multi-year strategic partnership to offer audiovisual streaming of esports content to Sportradar's betting operator clients globally. This deal aims to support Oddin.gg's growth in the esports market, estimated to have a betting turnover of €83 billion in 2023, by leveraging Sportradar's leading position in the AV betting sector.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:03 am

BABA

The UAE is considering introducing long-term business licenses, including 10-year 'golden' licenses, to boost business activities and attract foreign investment. This initiative is part of the 'We are the UAE 2031' vision and aims to enhance the country's competitiveness and economic growth. The proposal was discussed in the Economic Integration Committee meeting chaired by Minister Abdulla bin Touq Al Marri. Additionally, the UAE's strategic initiatives, such as a $5.5 billion deal with Hungary and partnerships with Alibaba Group, highlight its efforts to expand its global influence and embrace cutting-edge technologies.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 7:56 am

TSLA

Tesla Inc (NASDAQ:TSLA) has expressed concerns to the Mexican government regarding proposed EV charging station rules by Mexico's Energy Regulatory Commission (CRE), which mandate operators to choose only two out of five connector standards. Tesla argues this could complicate and increase the cost of station setups, hinder EV deployment, and negatively impact the customer experience, especially for cross-border travel between the U.S. and Mexico. The company emphasizes its investment in a cross-country charging network in Mexico and advocates for an accessible network that meets all vehicle needs.

Portfolio Pulse from Anan Ashraf

March 28, 2024 | 7:53 am

DOMO

SNOW

Domo announced an expansion of its native integration capabilities within the Snowflake Data Cloud, enhancing data management and analytics.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 7:19 am

DAW

DOGE

SHIB

A trader turned a $3,000 investment into $215,000 with Dawkoin (CRYPTO: DAW), a meme cryptocurrency named after Richard Dawkins, as its market cap soared to $15M. DAW outperformed top meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Despite a 23% drop in value, DAW's trading volume reached $8M. The coin, launched on Dawkins' 83rd birthday, is community-driven with plans for CoinMarketCap listing and partnerships with exchanges.

Portfolio Pulse from Mehab Qureshi

March 28, 2024 | 7:08 am

NKLA

Nikola Corp, in collaboration with Blackjacks Roadhouse and others, unveiled Alberta's first commercial hydrogen fueling station, marking a significant step in developing hydrogen fuel infrastructure. The HYLA station is located in a high-traffic area and is part of Nikola's broader strategy to scale hydrogen-powered vehicles. Despite delivering 35 hydrogen FCEVs in Q4 and producing 138 trucks last year, Nikola reported a gross loss of $214.1 million for the period. The company's shares rose 11.7% following the announcement.

Portfolio Pulse from Anan Ashraf

March 28, 2024 | 4:03 am

DIS

DKNG

PARA

SSP

Caitlin Clark's performance in the NCAA Women's Basketball Tournament is drawing significant viewership to Disney's ABC and ESPN, with record-breaking figures for women's basketball. DraftKings reports a substantial increase in betting on women's basketball, attributed partly to Clark's popularity. Clark's potential move to the WNBA or BIG3 could further impact media partners Disney and EW Scripps. DraftKings and sportsbooks are closely watching Iowa's progress, with Iowa being a major liability for several betting platforms.

Portfolio Pulse from Chris Katje

March 27, 2024 | 10:24 pm

RUM

Rumble Inc (NASDAQ:RUM) reported Q4 earnings with a revenue of $20.39 million, missing the consensus estimate of $28.1 million but beating EPS estimates with a loss of 14 cents per share against an expected loss of 22 cents. The company saw a 16% quarter-over-quarter increase in monthly active users, reaching 67 million, with 48 million from the US and Canada. Average minutes watched per month slightly decreased, while hours of uploaded video per day increased year-over-year. Rumble highlighted its new products, including Rumble Cloud, and partnerships, such as with Barstool Sports. The company expects revenue growth starting Q2 of 2024 and aims for breakeven in 2025.

Portfolio Pulse from Chris Katje

March 27, 2024 | 8:31 pm