Streetbeat News

Partnerships

IHRT

Mundo Hispano Digital has announced a partnership with iHeartMedia to distribute MundoNow's Oyénos Audio Network podcasts through iHeartPodcasts. This collaboration aims to amplify LatinX voices in the audio space by leveraging iHeartMedia's extensive reach and marketing assets. Oyénos, which has seen remarkable growth since its launch, features diverse narratives across various genres. The partnership is timely, considering the significant increase in podcast listenership among Latinos. iHeartMedia's integration of Oyénos into its network, including collaboration with My Cultura, aims to serve the Latin community's needs more effectively.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:01 pm

CHKP

MSFT

Checkpoint Software Technologies (CHKP) has announced a collaboration with Microsoft (MSFT) to integrate AI Copilot into its security services. This partnership aims to enhance cybersecurity measures by leveraging advanced AI technologies.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:01 pm

BDX

COHR

ELF

IOT

KKR

NFE

PSTG

RIO

STZ

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' recommended several stocks, highlighting their recent performances and strategic moves. Energy Transfer LP (ET) exceeded Q4 earnings expectations. KKR & Co. Inc. (KKR) and Blackstone (BX) are on a significant run, with substantial assets under management and a new partnership in South Korea. Rio Tinto Group (RIO) reported a slight decline in sales revenue but beat consensus. Becton, Dickinson and Company (BDX) increased syringe production in the U.S. California Resources Corporation (CRC) nominated a new board member, while Cramer preferred Constellation Energy (STZ). e.l.f. Beauty, Inc. (ELF) received a buy rating from DA Davidson. Pure Storage, Inc. (PSTG) was initiated with a buy rating by Citigroup. Samsara Inc. (IOT) reported strong Q4 results. Coherent Corp. (COHR) exceeded Q2 expectations. New Fortress Energy Inc. (NFE) was recommended by Cramer, praising CEO Wes Edens.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 12:54 pm

CFFN

LNC

Wall Street's most accurate analysts recommend holding three financial stocks with high-dividend yields: Capitol Federal Financial, Inc. (CFFN), Lincoln National Corporation (LNC), and The Western Union Company (WU). These stocks are highlighted for their strong dividend yields and recent positive earnings reports or strategic agreements. Analysts have adjusted their ratings and price targets based on recent performances and market conditions.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 12:53 pm

TSLA

Tesla shares are experiencing an uptick following reports that Italy has initiated discussions with the company regarding the production of electric trucks. This move highlights Italy's interest in advancing its electric vehicle infrastructure and Tesla's potential expansion into new markets and product lines.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:41 pm

TSLA

Italy has reportedly reached out to Tesla regarding the possibility of truck production, leading to an increase in Tesla's share price.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:41 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares are trading higher due to reports of Italy approaching the EV maker for electric truck production. Additionally, Bernstein analyst Toni Sacconaghi cut Tesla's price target from $150 to $120, citing concerns over growth and margin leverage. Mizuho analyst Vijay Rakesh also downgraded Tesla, pointing to weak demand and rising inventories. Despite these downgrades, Tesla's revenue has grown at an average rate of 42.28% annually over the past five years, with an expected 38.37% upside in 2025.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 12:40 pm

NSC

Ancora Holdings Group, LLC, a significant shareholder of Norfolk Southern Corporation (NYSE:NSC), has announced its intention to nominate seven director candidates for Norfolk Southern's Board at the 2024 Annual Meeting. Ancora aims to implement a leadership strategy to achieve a 57% operating ratio and recapture high-margin growth within 36 months, leveraging the proposed team's extensive experience in transportation and change management. The proposed leadership includes former UPS President of International and COO, Jim Barber, as CEO, and former EVP of Operations at CSX, Jamie Boychuk, as COO. Ancora urges shareholders to vote using the BLUE Proxy Card to elect its slate and advocate for leadership change following Norfolk Southern's crises and underperformance.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 12:38 pm

AAPL

Apple Inc. is preparing significant updates for iOS 18, including a redesigned home screen and enhanced AI features, to be announced at the Worldwide Developers Conference (WWDC) in June. The update aims to provide more flexibility in home screen customization and integrate AI-powered features across the operating system, potentially including chatbot functionality through Google Gemini. Other updates for iPadOS 18, watchOS 11, visionOS 2, and macOS are also expected, with developer betas in June and a public release in September.

Portfolio Pulse from Rounak Jain

March 26, 2024 | 12:36 pm

TELO

Telomir Pharmaceuticals has partnered with Argenta to conduct a study on the efficacy of Telomir-1 in treating osteoarthritis and other age-related diseases in canines. This groundbreaking study aims to explore the potential of reversing aging in dogs.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:35 pm