Streetbeat News

Partnerships

PUBM

PubMatic (NASDAQ:PUBM), a digital advertising technology company, has announced a partnership with Vevo, the world's leading music video network. This collaboration aims to accelerate programmatic CTV growth for Vevo, enabling advertisers to achieve scaled reach across Vevo's premium content library.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:04 am

RTX

Malaysia Airlines Berhad has entered into an agreement with Collins Aerospace, a business unit of RTX (NYSE:RTX), for avionics hardware and support for its 737-8 fleet. The deal was signed at the 2024 Singapore Air Show.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:02 am

NXT

Nextracker has been chosen by ACWA Power and Larsen & Toubro to supply its NX Horizon-XTR™ trackers for a 1.17 GW solar power plant at Al Kahfah. This collaboration highlights Nextracker's role in large-scale renewable energy projects.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:51 am

NCTY

The9 Limited (NASDAQ:NCTY), an established Internet company, has announced a strategic partnership with Zhejiang Fazhidao Information Technology Co., Ltd. (Fazhidao), acquiring a 19% stake through cash and issuance of restricted shares. Additionally, The9 has an option to increase its stake to 51% based on a valuation of 7 times Fazhidao's audited annual profit after tax, with a minimum valuation threshold.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:49 am

GD

General Dynamics European Land Systems - Steyr has secured a $1.3 billion contract to manufacture 225 PANDUR EVO wheeled armored vehicles for Austria. This significant contract highlights General Dynamics' strength in the defense sector and its ability to secure large-scale international contracts.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:29 am

CARR

Alat and Carrier (CARR) have announced a partnership to advance climate and energy solutions in Saudi Arabia, focusing on the Kingdom's Giga projects like NEOM. The collaboration aims for regional and global distribution. Alat was founded by Prince Mohammed bin Salman on February 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:16 am

RTX

JetSMART has chosen RTX's Pratt & Whitney GTF engines to power an additional 35 Airbus A320neo family aircraft. Additionally, Pratt & Whitney will provide JetSMART with engine maintenance through an EngineWise Comprehensive service agreement.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:12 am

WBD

Warner Bros. Discovery Inc (NASDAQ:WBD), owner of HBO, is delaying the free streaming of 'Last Week Tonight With John Oliver' on YouTube to drive viewership and revenue growth on its streaming platform, Max. This decision contrasts with the previous approach of uploading the show immediately after airing and aims to increase revenue by encouraging viewers to watch on Max, where HBO can monetize the content. The move is part of broader cost-cutting and revenue-increasing strategies following the acquisition of WarnerMedia by Discovery. Additionally, the article mentions a lawsuit filed by FuboTV against Warner Bros. Discovery and others over a joint venture sport-streaming platform.

Portfolio Pulse from Benzinga Neuro

February 21, 2024 | 5:07 am

ENLC

XOM

ExxonMobil, following its acquisition of Denbury, is exploring market-competitive CCS solutions across the Gulf Coast with EnLink Midstream. They are reassessing the Pecan Island Area project, indicating other joint opportunities may take precedence.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:08 pm

LILM

Lilium N.V (NASDAQ:LILM) has partnered with Star Charge to develop and provide a customized charging system for its all-electric eVTOL jets. Lilium ordered 120 chargers from Star Charge for ground and flight testing, aircraft maintenance, delivery center activities, and customer vertiports. The chargers, compatible with the Combined Charging System (CCS), feature liquid cooled cables for fast charging, expected to reduce charging times and support higher utilization of the Lilium Jet. Deliveries of the chargers will begin this year, with Lilium's eVTOL service expected to start in 2026.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:07 pm