Streetbeat News

Partnerships

ADAP

Adaptimmune announced its cash runway extends into early 2026, with over $300M including current cash, expected income from partners, and other non-dilutive capital sources.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 12:15 pm

CTVA

EVGN

AgPlenus has reached a significant milestone in its collaboration with Corteva Agriscience (CTVA) to develop novel herbicides, marking progress in their joint effort to enhance agricultural productivity.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 12:07 pm

EVC

Entravision shares are trading lower following Meta's decision to terminate its ASP program globally by July 1, impacting all ASPs including Entravision. This program constituted a significant part of Entravision's total consolidated revenue.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 11:51 am

STLA

Stellantis and Nexus Automotive International have entered into a strategic business partnership to enhance the development of parts and aftersales services globally. This collaboration aims to leverage both companies' strengths to improve service offerings and expand their market reach.

Portfolio Pulse from Charles Gross

March 06, 2024 | 11:11 am

INFY

Infosys (INFY) has renewed its digital innovation partnership with the ATP Tour until 2026, leveraging its expertise in AI, Data Analytics, and Cloud to enhance fan and player experiences in professional tennis.

Portfolio Pulse from Charles Gross

March 06, 2024 | 10:04 am

MSFT

Elon Musk continues his criticism of OpenAI, urging the company to change its name due to its refusal to open-source its AI technology. This follows OpenAI's official response to Musk's lawsuit, which accuses the company and its CEO of prioritizing profits over open-source principles, specifically pointing to Microsoft Corp. (NASDAQ:MSFT) as a major investor benefiting from this strategy. Musk, who has founded his own AI startup, xAI, emphasizes the importance of adhering to OpenAI's founding open-source principles.

Portfolio Pulse from Rounak Jain

March 06, 2024 | 9:19 am

GHC

Poznan University of Medical Sciences has expanded its partnership with GHC for enhanced medical and dental exam preparation. This collaboration aims to improve the quality and accessibility of exam prep materials for students, potentially leading to better exam outcomes and professional readiness.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 8:23 am

EVO

Evotec and Claris Ventures have enhanced their collaboration to streamline access for Claris's portfolio companies to Evotec's comprehensive pre-clinical and clinical development and manufacturing services. This agreement expands on the successful partnership with IAMA, a company within Claris's portfolio.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 8:12 am

TSLA

Tesla Inc (NASDAQ:TSLA) is offering up to 10,000 miles of free supercharging for customers who take delivery of a new Model S, Model Y, or Model X by March 31. The offer excludes Model 3 and Cybertruck purchases, and the free miles expire in two years if unused. Tesla's supercharger network, which has over 50,000 units globally, will also be opened to rival EV makers including Ford, Rivian, General Motors, Volvo Car, and Polestar Automotive starting this spring.

Portfolio Pulse from Anan Ashraf

March 06, 2024 | 7:55 am

ANF

BOX

CPB

DXCM

THO

U.S. stock futures are trading higher with focus on THOR Industries, Box, Campbell Soup, DexCom, and Abercrombie & Fitch due to earnings reports and strategic moves. THOR Industries is expected to report earnings, Box announced upbeat earnings and a stock repurchase program expansion, Campbell Soup is anticipated to release its earnings, DexCom reported FDA clearance of Stelo, and Abercrombie & Fitch is expected to report its earnings.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 7:28 am