Streetbeat News

Partnerships

DIS

Walt Disney Co (DIS) shares are up following Q1 financial results and a new partnership announcement. Post-earnings, several analysts have revised their ratings and price targets for DIS.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:41 pm

AAPL

DIS

IBM

Elon Musk criticized The Walt Disney Co. (NYSE:DIS) for its diversity policies, calling it a 'DEI gestapo' and attributing the decline in Disney's content quality to these policies. Musk's critique extends to other companies like Apple Inc. (NASDAQ:AAPL) and IBM (NYSE:IBM) for pulling ads from his platform X due to his controversial posts. This is part of an ongoing dispute with Disney, highlighted by a lawsuit filed by Gina Carano against Disney and Lucasfilm.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 1:40 pm

KOPN

Kopin Corporation (NASDAQ:KOPN) has been awarded a Small Business Innovation Research (SBIR) contract by the Naval Air Warfare Center to develop advanced microdisplays for lensless computational imaging. The project aims to create a high-resolution, high-framerate microdisplay to support AI and autonomous capabilities. This marks the first award from the Navy to Kopin for research in advancing vision technology.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:37 pm

PPSI

Pioneer Power Solutions, Inc. (PPSI) has launched its new E-Bloc Charge Port series, receiving initial orders valued at over $2 million. The E-Bloc series, designed for EV charging stations, is expected to expand Pioneer's market opportunity by more than $1.5 billion. The company anticipates delivering these orders in Q2 2024. The E-Bloc Charge Port series is approved by Southern California Edison for California's 'Charge Ready' program and is highlighted for its flexibility, scalability, and rugged design. Pioneer's CEO, Nathan Mazurek, sees this as a significant growth opportunity, especially with California's mandate to install 100,000 charge ports in the next 3-5 years.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:34 pm

BLNK

Blink Charging announced plans to install 20 of its IQ 200 electric vehicle chargers across four parking garages in Frederick, MD, aiming to expand its charging infrastructure.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:24 pm

G

Genpact (NYSE:G) announces the appointment of Vipin Gairola as Global Operating Officer and Vidya Rao's expanded role to Chief Technology and Transformation Officer. These leadership changes aim to strengthen Genpact's focus on AI-first principles, leveraging data and technology for transformative growth. Gairola, previously with Accenture, will lead global client operations and the Operations and Cost Council. Rao will focus on reimagining internal processes and establishing a data office to enhance AI and automation initiatives.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:23 pm

UAVS

AgEagle Aerial Systems Inc. (NYSE:UAVS) has secured a contract to supply eBee X and eBee TAC drones to UT-Battelle, LLC for use at the Oak Ridge National Laboratory, managed on behalf of the U.S. Department of Energy. The drones were selected for their operational excellence, NDAA compliance, FAA-approved Operations Over People, and Blue UAS accreditation. The financial terms of the deal were not disclosed. This contract highlights AgEagle's role as a trusted partner in providing U.S. Government-certified drones for critical research, security, and emergency response efforts.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:21 pm

MSFT

OpenAI, backed by Microsoft Corp., is hiring a child safety specialist to address concerns about AI misuse by minors. The newly formed Child Safety team will work on policies and processes to protect underage users and collaborate with internal and external partners. This initiative follows OpenAI's partnership with Common Sense Media to develop kid-friendly AI guidelines and comes amid increasing use of AI tools by children for schoolwork and personal issues.

Portfolio Pulse from Rounak Jain

February 08, 2024 | 1:16 pm

HUBC

HUB Cyber Security Ltd (NASDAQ:HUBC) has entered into a $3.2 million, five-year agreement with a top-tier European bank, in collaboration with Blackswan Technologies Ltd., to enhance the bank's data monitoring infrastructure with confidential computing security. This deal signifies HUB's entry into the finance sector and its expansion in global financial markets.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:13 pm

RBBN

Ribbon Communications Inc. (NASDAQ:RBBN) has been selected by American Electric Power (AEP) to supply IP and Optical products to enhance AEP's network capabilities and supply chain reliability. This partnership underscores the importance of digital transformation in the utilities sector, meeting regulatory, security mandates, and improving services. Ribbon's solutions will support AEP's critical communications needs, emphasizing the significance of Ribbon's technology in modernizing and securing national infrastructure networks.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:12 pm