Streetbeat News

Partnerships

SABR

Sabre Corporation (NASDAQ:SABR), a global travel technology provider, has entered into a multi-year agreement with Duluth Travel, a Service Disabled Veteran Owned travel management company specializing in government travel. This partnership will allow Duluth Travel to leverage Sabre's extensive travel marketplace, which includes content from over 400 airlines, 1.6 million lodging options, and various other travel services, to enhance its service offerings and support its revenue growth objectives. Sabre, recognized for its significant contributions to US civilian and military government travel, aims to bolster Duluth Travel's competitive edge in the market through this collaboration.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:57 pm

WKHS

Workhorse Group Inc. (WKHS) has expanded its dealership network in California by adding Riverview International Trucks as its fifth dealer in the state. This partnership aims to leverage Riverview's extensive experience and customer-first approach to enhance Workhorse's presence in California, particularly in the electric vehicle (EV) market. Riverview will offer Workhorse's full suite of commercialized electric trucks, benefiting from state EV incentives and HVIP approval for financial incentives.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:55 pm

ALTI

Allianz X and Constellation Wealth Capital have committed up to $450M in investment to AlTi Global. This investment aims to bolster AlTi's ambition to become the leading global independent wealth management platform for the ultra-high-net-worth segment, focusing on executing its global mergers and acquisitions pipeline and organic growth strategy.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:51 pm

DIS

Walt Disney Co (NYSE:DIS) has chosen three AI companies, AudioShake, ElevenLabs, and Promethean AI, for its annual business incubator program aimed at transforming entertainment. The program, known for fostering innovation and collaboration, has previously included notable companies like Epic Games. This year's selection also features Nuro and StatusPro, expanding Disney's technological engagement into driverless delivery and virtual reality sports. Additionally, Disney introduced 'Disney’s Magic Words,' an AI-driven advertising tool for Disney+ and Hulu, currently in beta testing with major advertising firms. DIS shares rose 0.62% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 22, 2024 | 1:39 pm

ISPR

Ispire, Berify, and Chemular have entered into a joint venture focusing on the development and distribution of vape hardware. This collaboration aims to leverage the strengths of each company to innovate and expand their market presence in the vaping industry.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:37 pm

BA

RTX

RTX Corporation's Collins Aerospace has been selected by Air India to provide an advanced avionics package for its Boeing 737 MAX fleet. Announced at the Singapore Airshow 2024, the package includes communication, navigation, surveillance equipment, and air data sensors to enhance safety, fuel efficiency, and operational performance. The deal aims to improve flight precision and mitigate 5G interference, featuring Collins' radio altimeters and MultiScan ThreatTrack weather radar for better route management and passenger experience. RTX shares saw a slight increase of 0.15% to $89.75 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

February 22, 2024 | 1:31 pm

BKKT

Bakkt Holdings, Inc. (BKKT) and Swan Bitcoin have announced a partnership to enable Bitcoin trading across 49 U.S. states. Bakkt will provide Swan with a range of Bitcoin services such as fiat onboarding, trading, and custody. The collaboration aims to explore further growth opportunities, including international expansion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:30 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) has initiated a pilot project in the United States with Motor Supply, Inc., a South Carolina-based trucking company. The project involves installing SaverOne's transportation safety system on a portion of Motor Supply's fleet, with the potential for expansion. The pilot aims to enhance driver safety and reduce accidents caused by driver distraction. This collaboration marks SaverOne's first pilot in the Carolinas and could serve as a model for other fleets in the region.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:22 pm

DUOT

Duos Technologies Group, Inc. (NASDAQ:DUOT) has signed an AI subscription agreement with a Mexican rail operator, including the renewal of their annual services and maintenance contract. This agreement enhances the rail operator's inspection capabilities using Duos' patented Railcar Inspection Portal (RIP) and AI technology. The deal emphasizes Duos' role in improving rail safety and efficiency in North America, highlighting its focus on recurring revenue and the high performance of its AI offerings.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:21 pm

AOSL

Alpha and Omega Semiconductor Limited (AOSL) introduced new EZBuck regulators, AOZ22559QI and AOZ22539QI, designed for Intel's Meteor Lake and Arrow Lake platforms. These regulators offer a compact, high-power solution for VCCPRIM_VNNAON rails, featuring a wide input voltage range, high current capability, and integrated protection features. They have been approved by Intel and are available for production with a lead time of 12 weeks.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:14 pm