Streetbeat News

Partnerships

OCEA

Ocean Biomedical announced that its joint venture partner, Virion Therapeutics, will present clinical study data at the 2024 APASL Global Liver Meeting. This presentation could highlight significant advancements in liver disease treatment, potentially impacting Ocean Biomedical's reputation and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:49 pm

BBY

LOVE

TSLA

Best Buy announced in a conference call that it plans to increase partnerships with vendors for branded in-store merchandise this year, including notable collaborations with Tesla, Lovesac, and Starlink.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:44 pm

GOOG

GOOGL

PATH

UiPath and Google Cloud have expanded their strategic partnership, making UiPath available on the Google Cloud Marketplace and integrating it with Google Vertex AI. This collaboration enables professionals to leverage Google Cloud's Gen AI with UiPath's AI-powered automation solutions.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:37 pm

ENVB

OKTA

SNOW

Snowflake (SNOW) shares dropped 24% after Q4 results, guidance, and CEO transition news, with a Morgan Stanley downgrade. Okta (OKTA) surged 29% on strong Q4 results and future guidance. Enveric Biosciences (ENVB) soared 180% after announcing plans to out-license three compound classes.

Portfolio Pulse from ryanfaloona@benzinga.com

February 29, 2024 | 1:35 pm

FOUR

MetLife Stadium has partnered with Shift4 to utilize its integrated end-to-end solution for processing point-of-sale payments, aiming to enhance the fan experience.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:29 pm

ONMD

OneMedNet Corporation has entered into a new network partnership agreement with a US-based private hospital operator, aiming to expand its healthcare network and services.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:11 pm

GDHG

Golden Heaven Group Holdings (GDHG) has entered into a Letter of Intent (LOI) for a strategic partnership with PT BESTAR JAYA. Under this partnership, GDHG will offer support for BESTAR's amusement parks, aiming to enhance their operations and potentially expand their market reach.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:10 pm

F

TSLA

Ford has announced that its electric vehicle (EV) drivers can now reserve an adapter to access Tesla's Supercharger network, significantly expanding charging options for Ford EV owners. This move is seen as a strategic partnership between Ford and Tesla, aiming to enhance the EV charging infrastructure and improve the overall EV user experience.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:09 pm

GOOG

GOOGL

Google, under Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), is reportedly paying publishers five-figure sums to test an unreleased generative AI platform. This initiative, part of the Google News Initiative launched in 2018, aims to enhance content creation efficiency by allowing publishers to produce aggregated content. Publishers participating in this year-long program, which began in February, are expected to produce daily articles, a weekly newsletter, and a monthly marketing campaign, in exchange for a monthly stipend and free access to AI tools.

Portfolio Pulse from Rounak Jain

February 29, 2024 | 1:08 pm

ACLX

Arcellx, Inc. (NASDAQ:ACLX) reported a significant turnaround in its Q4 results with a net income of $20.5 million, compared to a net loss of $39.0 million in the previous year. The company's collaboration revenue soared to $63.1 million, up from zero. Research and development expenses increased slightly. The company highlighted its expanded partnership with Kite, a $200M investment extending its cash runway into 2027, and presented promising data for anito-cel as a treatment for multiple myeloma. Following the report, Baird and Needham raised their price targets for ACLX, though its shares fell slightly by 0.4% to close at $67.32.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:03 pm