Streetbeat News

Partnerships

AVGO

GOOGL

META

Broadcom Inc (NASDAQ:AVGO) is set to report its Q1 earnings on March 7, with Wall Street expecting $10.26 EPS and $11.71 billion in revenues. The stock, part of the AI5 group, has seen over 112% growth in the past year and over 20% YTD. Technical analysis shows a strongly bullish trend with favorable indicators, despite potential selling pressure risks. Analyst consensus rates AVGO as a Buy, with a price target of $959.67. JPMorgan highlights Broadcom's growth in AI revenues, including collaborations with Google (GOOGL) and Meta (META).

Portfolio Pulse from Surbhi Jain

March 06, 2024 | 2:05 pm

BE

SHEL

Bloom Energy has entered into agreements with Shell to explore opportunities for renewable hydrogen energy projects, aiming to advance decarbonization through emerging SOEC technology.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 2:04 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares surged in premarket trading after securing a $178.4 million contract from the Army Contracting Command for the TITAN ground station system, leveraging AI and ML for deep-sensing capabilities. Additionally, Palantir announced over 60 customers will showcase at its AIPCon, including 20+ new customers and partners. The company also revealed a new partnership with the Ministry of Economy of Ukraine, contributing to the stock's 9.45% increase to $26.06.

Portfolio Pulse from Nabaparna Bhattacharya

March 06, 2024 | 1:53 pm

HSAI

LI

Hesai has been chosen as the LiDAR supplier for Li Auto's new model, Li MEGA, marking a significant partnership in the automotive and technology sectors.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:48 pm

OMQS

OMNIQ Corp. has received a purchase order from Burger Ranch for the supply of self-ordering kiosks, self-check-out kiosks, and a new feature supporting cash transactions. This development signifies an expansion of OMNIQ's market presence in the fast-food industry and highlights the growing trend of automation in retail and hospitality sectors.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:46 pm

DTIL

Precision BioSciences has announced that its partner, iECURE, received MHRA approval to expand the Phase 1/2 clinical trial of the ARCUS gene editing program for treating OTC deficiency. This development marks a significant step forward in the application of gene editing technologies in addressing genetic disorders.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:45 pm

HBIO

Harvard Bioscience, Inc. (NASDAQ:HBIO) announced its participation in the Society of Toxicology conference in Salt Lake City from March 11-13, 2024, showcasing its latest product innovations for preclinical and organoid applications. The company introduced the Ponemah Data Management Platform, SoHo Implantable Telemetry, VivaMARS Activity Monitoring System, and Mesh MEA Organoid Platform, highlighting their integration and potential for advancing therapy development with AI and machine learning technologies.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:40 pm

PINC

Premier, Inc. has announced a clinical research collaboration with McLaren Health Care through its PINC AI Applied Sciences division. The partnership aims to advance patient outcomes by leveraging Premier's healthcare performance improvement capabilities and McLaren's healthcare delivery expertise.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:39 pm

INKT

MiNK Therapeutics, Inc. (NASDAQ:INKT) announced preclinical data for MiNK-215, a novel CAR-iNKT cell therapy for colorectal cancer liver metastases, showcasing its potential in enhancing tumor killing and T-cell response. The data will be presented at AACR 2024. MiNK-215 targets FAP-expressing cells, increasing CD8+ T cell infiltration. The therapy is being developed in partnership with Agenus, leveraging their ICIs, botensilimab/balstilimab, to potentially improve outcomes for patients with treatment-refractory MSS colorectal cancer liver metastases.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:37 pm

SPY

UNG

Saudi Aramco and UAE's ADNOC are reportedly in discussions to invest in US LNG projects, signaling a significant interest in the expanding US liquefied natural gas sector. This move could enhance the global LNG supply chain and strengthen ties between these oil-rich nations and the US energy market.

Portfolio Pulse from Charles Gross

March 06, 2024 | 1:21 pm