Streetbeat News

Partnerships

HPQ

HP Inc. (NYSE:HPQ) announced the launch of the industry's largest portfolio of AI PCs, including new HP Elite PCs and Z by HP mobile workstations, aimed at enhancing productivity and creativity in hybrid work settings. The announcement also includes the AI Creation Center, featuring Z by HP AI Studio co-engineered with NVIDIA NGC libraries, and new Poly Studio solutions for conferencing. Additionally, HP introduced the world's first business PCs designed to protect against quantum computer hacks, highlighting the company's focus on advanced security and AI-driven innovation.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:51 pm

BA

GE

GE's CEO praised Dave Calhoun for his handling of the situation since the Jan. 5 incident, indicating no plans to shift more capacity to Airbus from Boeing. Boeing continues to receive engine deliveries for Max planes at the same rate, as discussed in a conference call.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:49 pm

TPR

Tapestry Inc (NYSE:TPR) has expanded its partnership with Bluecore to include the Kate Spade New York brand, aiming to enhance customer identification, engagement, and retention. This collaboration has already shown positive results for Tapestry's Coach and Stuart Weitzman brands. Tapestry plans to further integrate Bluecore's technology across its digital marketing platforms, including Salesforce Commerce Cloud and others, to improve marketing growth and customer experience.

Portfolio Pulse from Shivani Kumaresan

March 07, 2024 | 4:41 pm

BA

GE

GE's CEO stated that their relationship with Boeing is stronger than ever, emphasizing their commitment to support Boeing, especially in ramp and production aspects. This statement comes despite the Jan. 5 incident involving a Boeing Max 9, which has not led to any changes in their collaboration.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:41 pm

AAPL

GOOGL

RIVN

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are on the rise as investors buy the dip, with Bitcoin ETFs seeing strong inflows. The Arizona Senate is considering BTC ETFs for pension funds. Gold hits an unprecedented high amid economic uncertainties. US markets and stocks record gains, while major spending bills pass in the US House to prevent government shutdown. Tech giants like Apple and Google face scrutiny and challenges, while the EV market sees activity from Rivian and Tesla. Healthcare and energy sectors also see notable developments.

Portfolio Pulse from Akanksha Bakshi

March 07, 2024 | 4:23 pm

MAT

WMT

Mattel's CEO announced an exclusive North American launch of Fisher-Price Wood Set at Walmart this spring, with a global launch set for H2 2024. The company is making strategic changes to the Fisher-Price and infant, toddler, and preschool category.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:05 pm

CTLT

NVO

Novo Nordisk's CFO mentioned that if the Catalent deal does not close, Novo Nordisk will pursue more deals with contract drugmakers. Additionally, there is still opportunity for Novo Nordisk to acquire companies to enhance its obesity pipeline, as stated during a conference call.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:47 pm

MAT

During Investor Day, Mattel's CEO announced the company's plans to consider strategic investments to bolster its entertainment strategy and drive organic growth.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:24 pm

ADIL

Traders are circulating unconfirmed analyst comments about Adial Pharmaceuticals (ADIL), suggesting that the company's management is in advanced discussions with a large pharma partner for the addiction marketplace in the U.S., EU, or both. The comments also include a buy rating with a $21 price target (PT).

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:13 pm

BHP

COPP

JIAXF

NEM

SLGGF

Ecuador announced a $3.2 billion investment in SolGold's Cascabel copper-gold project, marking a significant move in the country's mining sector. This investment aims to leverage the growing copper market amid supply constraints. SolGold, which saw its shares surge 23%, also revealed a reduction in upfront costs for the project and signed an MoU for a potential carbon-neutral power supply. Major stakeholders in SolGold include BHP, Newmont, and Jiangxi Copper, with the Sprott Copper Miners ETF also related to the copper industry.

Portfolio Pulse from Stjepan Kalinic

March 07, 2024 | 2:29 pm