Streetbeat News

Partnerships

MTCH

Match Group has partnered with OpenAI to secure over 1000 ChatGPT Enterprise licenses for its employees, aiming to enhance productivity and innovation within its operations. This collaboration is expected to revolutionize work culture at Match Group by integrating AI into various aspects of work, from communications to coding. The company emphasizes responsible use of AI, ensuring privacy and security measures are in place.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:17 pm

MTEK

Maris-Tech Ltd. has received a repeat order worth around $600,000 from a defense industry company, with an option to increase the order to approximately $730,000. This indicates a continuing relationship and trust between Maris-Tech and its client in the defense sector, potentially signaling strong performance and reliability of Maris-Tech's products and services.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:11 pm

ASST

Asset Entities has launched a new Stripe-verified payment processing platform named Ternary Digital Community. This platform is designed to enhance digital payment solutions.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:08 pm

BKR

Baker Hughes (NASDAQ:BKR) has been awarded a significant multi-year contract by Petrobras for integrated well construction services in the Buzios field, offshore Brazil. The project, starting in the first half of 2025, will encompass a range of services across three rigs.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:03 pm

CART

DGX

Quest Diagnostics and Instacart have announced a collaboration through Pack Health, a Quest subsidiary, to enhance food access and promote healthy eating in underserved US communities. This partnership integrates patient health coaching with nutritious grocery delivery.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:00 pm

RIO

Rio Tinto PLC (NYSE:RIO) shares fell in premarket trading after reporting a 3% decline in sales revenue to $54.0 billion for FY23, slightly beating consensus but with a 12% decrease in underlying EPS to $7.25, missing expectations. Production increased in Pilbara iron ore and aluminium, but underlying EBITDA and operating cash flow declined due to lower aluminium pricing. The company announced a major renewable power purchase agreement in Australia and expects a production uplift and significant capital investment in the coming years.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 12:52 pm

PAR

PAR Technology has been chosen by Hooters of America, LLC to enhance its table service. This partnership aims to redefine excellence in customer service, leveraging PAR's advanced technology solutions.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:41 pm

LI

SDA

Suncar Technology Group Inc. has entered into a business cooperation agreement with Li Auto to develop advanced system software, marking a significant collaboration in the automotive technology sector.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:37 pm

RNSDF

STLA

VWAGY

European automotive giants Volkswagen AG (OTC:VWAGY), Renault SA (OTC:RNSDF), and Stellantis NV (NYSE:STLA) are considering a partnership to produce affordable EVs in response to competition from Chinese EV makers and Tesla. This move aims to address the challenges posed by the growing dominance of Chinese EVs, supported by state subsidies, and the competitive pressure from Tesla. The European Commission is investigating Chinese EV manufacturers for potential unfair advantages and considering tariffs on Chinese EV imports, which could benefit European automakers.

Portfolio Pulse from Benzinga Neuro

February 21, 2024 | 12:23 pm

PLUG

Plug Power announced it has finalized a contract to support a major U.S. automobile manufacturer's material handling operations. This partnership could signify a significant step for Plug Power in expanding its presence in the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:20 pm