Streetbeat News

Partnerships

AUVI

Applied UV (AUVI) announced that its subsidiary, Munnworks, has entered into a multi-year exclusive global licensing agreement with the purchase of the continuing business of Element Designs Collaborative. This strategic move aims to expand Applied UV's market presence and product offerings.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:31 pm

IBM

IBM has announced that the Mixtral-8x7B, a popular open-source large language model developed by Mistral AI, is now available on its Watsonx AI and Data platform. This move signifies IBM's commitment to enhancing its AI offerings and providing advanced tools for data analysis and AI applications.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:24 pm

XMTR

YELP

Xometry, Inc. (NASDAQ:XMTR) has appointed James Miln, previously with Yelp (NYSE:YELP), as its new CFO effective March 1, 2024. Miln brings extensive financial and operational expertise from his time at Yelp, where he contributed to significant growth and the introduction of AI-powered search features. He replaces Jim Rallo, who is retiring but will stay on as an advisor until April to assist with the transition.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:10 pm

STN

Stantec has been chosen to design Agratas, Tata Group's £4B battery manufacturing facility in the UK, expected to create up to 4,000 jobs and support thousands more in the supply chain.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:49 am

ADBE

Adobe Inc. (NASDAQ:ADBE) has unveiled Project Music GenAI Control, an AI tool enabling users to create and edit custom music from text prompts. Developed in collaboration with the University of California, San Diego, and Carnegie Mellon University, this tool represents Adobe's continued expansion into generative AI, following the launch of Firefly. BMO Capital Markets analyst Keith Bachman has reiterated an Outperform rating on Adobe, with a price target of $645, highlighting the growth potential of generative AI for Adobe.

Portfolio Pulse from Rounak Jain

February 29, 2024 | 11:47 am

THC

Tenet Healthcare Corporation (THC) has agreed to sell two hospitals in San Luis Obispo County to Adventist Health for approximately $550 million. Additionally, Tenet's Conifer Health Solutions will provide revenue cycle services to Adventist Health. The sale includes Sierra Vista Regional Medical Center and Twin Cities Community Hospital, along with affiliated physician practices.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:46 am

TTE

TotalEnergies SE (NYSE:TTE) has signed a 16-year sale and purchase agreement with Sembcorp Fuels to deliver up to 0.8 million tons of LNG annually starting in 2027. This deal builds on an existing agreement running until 2029. Additionally, TotalEnergies recently announced partnerships for methane emission detection in India and a majority stake acquisition in the Tungsten Explorer drillship. The company also reported a revenue of $59.237 billion for Q4 FY23, surpassing estimates, despite a 12% decline in hydrocarbon production, and increased its quarterly dividends by 7.1% to €0.79.

Portfolio Pulse from Lekha Gupta

February 29, 2024 | 11:39 am

NXU

Nxu, Inc. has signed an LOI with Electric Outdoors to integrate Nxu's EV charging technology into EO's portable solar generation units, aiming to enhance the EV camping experience.

Portfolio Pulse from Charles Gross

February 29, 2024 | 11:32 am

BEEM

Beam Global announced that the City of Richmond, California, has chosen its EV ARC sustainable electric vehicle charging solution for their car share program, aimed at benefiting underserved communities.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:19 am

LVLU

Lulu's Fashion Lounge Holdings announced a collaboration with Gyrl Wonder, a nonprofit aimed at supporting ambitious women of color aged 17-23. This partnership aligns with Lulu's commitment to diversity and empowerment.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:15 am