Streetbeat News

Partnerships

AGFY

Agrify Corporation (AGFY) has entered into a turnkey extraction equipment deal with Justice Cannabis Co., marking its expansion into the New Jersey market. This partnership signifies Agrify's strategic move to enhance its presence in the rapidly growing cannabis industry by providing state-of-the-art extraction equipment to a leading multi-state operator.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:34 am

DV

DoubleVerify Holdings, Inc. (NYSE:DV) has expanded its collaboration with NBCUniversal to offer program-level measurement solutions for OTT devices, including Connected TV (CTV). This partnership aims to provide NBCUniversal advertisers with tools to assess brand safety, suitability, and content performance at the program level. The company, which has seen a 34% increase in its stock over the last year, expects Q1 revenue of $136 million to $140 million and full-year 2024 revenue of $688 million to $704 million, marking a 22% increase at the midpoint. Macquarie analyst Tim Nollen upgraded DoubleVerify from Neutral to Outperform with a $40 price target.

Portfolio Pulse from Nabaparna Bhattacharya

March 13, 2024 | 11:33 am

AGFY

Agrify Corporation (NASDAQ:AGFY), a leader in cultivation and extraction solutions for the cannabis industry, has announced a deal with Justice Cannabis Co. to provide a comprehensive hydrocarbon extraction and lab equipment package as Justice Cannabis expands into the New Jersey market. This package includes a variety of extraction and lab equipment, as well as a UL-Compliant C1D1 Explosion Proof Room, designed for safe and easy installation.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:32 am

NVDA

ORCL

U.S. markets closed higher with the S&P 500 hitting a record high, driven by Oracle's rally and positive consumer price data. Oracle announced a collaboration with Nvidia, boosting their shares. Asian markets saw mixed results, while European markets and commodities, especially crude oil, traded higher. Economic data showed a rise in inflation to 3.2% year-over-year in February 2024.

Portfolio Pulse from Akanksha Bakshi

March 13, 2024 | 11:22 am

MSFT

TSLA

Elon Musk, CEO of Tesla Inc, mocked OpenAI's logo on X, suggesting it spells 'LIE', which led to backlash from users who criticized Tesla's Full Self Driving feature. Musk's contentious relationship with OpenAI, a company he co-founded and left, has been highlighted by a lawsuit he filed against them, accusing them of betraying founding principles. OpenAI, supported by Microsoft Corporation, refuted Musk's claims, stating there's no founding agreement as Musk suggested.

Portfolio Pulse from Ananya Gairola

March 13, 2024 | 11:14 am

BCDA

BioCardia has entered into a long-term partnership with StemCardia to advance the latter's investigational pluripotent stem cell product candidate for treating heart failure. BioCardia will be the exclusive biotherapeutic delivery partner throughout the FDA approval process for an investigational new drug application (IND) and the expected Phase I/II clinical trials.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:14 am

CHD

ROK

Church & Dwight has partnered with Rockwell Automation to enhance its operational technology (OT) cybersecurity program. This collaboration aims to implement rigorous security standards to increase manufacturing cybersecurity resilience.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:10 am

SLN

Silence Therapeutics reported a 2023 revenue of £25.4M, driven by collaboration agreements with AstraZeneca, Hansoh, and Mallinckrodt. Despite an increase in revenue, the company experienced a net loss of £43.3M, with a cash balance of £54.0M by year-end. R&D expenses rose to £44.0M due to additional clinical studies and manufacturing activities.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:09 am

EYEN

NBY

NovaBay Pharmaceuticals and Eyenovia have announced a partnership to co-promote prescription ophthalmic products to U.S. eyecare professionals. This collaboration aims to leverage the strengths of both companies in the eyecare market.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 11:08 am

FXI

China's financial regulator plans to foster a positive relationship between the finance and real estate sectors, ensuring the reasonable financial needs of real estate enterprises are met and speeding up the implementation of an urban real estate financing coordination mechanism.

Portfolio Pulse from Charles Gross

March 13, 2024 | 10:40 am