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Partnerships

QCOM

SSNLF

Qualcomm's CEO Cristiano Amon confirmed that Samsung's upcoming Galaxy S24 will feature both Exynos and Snapdragon chips. Last year's Galaxy S23 exclusively used Qualcomm's Snapdragon 8 Gen 2 chip, but Samsung has decided to return to offering models with different chipsets. The processors used in the Galaxy S24 will be determined by region, except for the S24 Ultra which will exclusively use a Qualcomm chip.

Portfolio Pulse from Benzinga Neuro

November 03, 2023 | 8:41 am

F

GM

STLA

The recent six-week-long United Auto Workers (UAW) strike at the Stellantis assembly plant in Toledo, Ohio, had a minor impact on the local economy. The strike, which began on Sep.15, saw several thousand Toledo workers participating. A new contract was tentatively agreed upon with Stellantis, Ford Motor, and General Motors over the weekend, ending the strike. The strike resulted in assembly-line shutdowns and layoffs at parts makers.

Portfolio Pulse from Benzinga Neuro

November 03, 2023 | 6:21 am

AMK

AssetMark (NYSE:AMK) has announced a collaboration with Cheetah, a cloud-based trust accounting system, to create a seamless wealth management solution. This partnership aims to address the expanding intersection of trust services and investment services. The collaboration is part of AssetMark's growth strategy to expand into the bank trust channel.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:34 pm

MRCY

Mercury Systems, Inc. (NASDAQ:MRCY) has announced an agreement with the U.S. Navy to develop manufacturing capabilities for commercial photonics chiplets to accelerate edge processing in defense applications. The $3.9 million, 17-month agreement will allow Mercury to access photonics devices developed by Intel and Ayar Labs for the commercial sector. The technology will enable faster decision-making in next-generation radar and electronic warfare systems.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:33 pm

STEM

Stem (NYSE:STEM) and SB Energy have announced a multi-year technology and commercial alliance. The partnership will leverage Stem's AI-driven software and SB Energy's Digital Platform to deploy clean energy at scale. Stem will be SB Energy's preferred partner for the energy management system (EMS) for 10 GWh of SB Energy's energy storage pipeline across North America over the next five years. SB Energy currently owns and operates 2 GW of clean power, increasing to 3 GW by mid-2024.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:24 pm

AAPL

SBUX

During a conference call, Apple announced that Starbucks continues to invest in Apple technology.

Portfolio Pulse from Charles Gross

November 02, 2023 | 9:21 pm

AAPL

SBUX

Starbucks is reportedly collaborating with Apple to experiment and refine technology that will assist its partners across the globe.

Portfolio Pulse from Charles Gross

November 02, 2023 | 9:06 pm

BSY

Bentley Systems, Incorporated (NASDAQ:BSY) announced that bp has selected Bentley's AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR) for managing engineering information for projects and operations. This is aimed at assuring global asset integrity management. bp will standardize AssetWise ALIM across all projects, production, and manufacturing assets. AssetWise Reliability will enable bp to optimize inspections, minimize maintenance costs, increase availability, and improve safety and risk management.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:05 pm

KTOS

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) announced the successful first test flight of the Marine Corps XQ-58A Valkyrie, a highly autonomous, low-cost tactical unmanned air vehicle. The test flight is part of the Marine Corps' Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program. The XQ-58A Valkyrie is a high-performance tactical UAV capable of long-range flights at high-subsonic speeds currently in production in Oklahoma City.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:58 pm

STLA

Leaders of the United Auto Workers (UAW) have voted to send a tentative agreement with Stellantis (STLA) to its members for a ratification vote, according to a source cited by Reuters.

Portfolio Pulse from Charles Gross

November 02, 2023 | 8:49 pm