Streetbeat News

Partnerships

AMD

AMD announced the launch of AMD Embedded+, a new architectural solution combining AMD Ryzen Embedded processors with Versal adaptive SoCs for edge AI applications. This solution aims to accelerate time-to-market for ODM partners by providing a simplified path to AI inferencing, sensor fusion, and more. The first ODM solution based on Embedded+ is the Sapphire Edge+ VPR-4616-MB from Sapphire Technology, offering low power consumption and high performance in a Mini-ITX form factor.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:08 pm

MIGI

Mawson Infrastructure Group Inc. (MIGI) has announced a new co-location agreement with Faith Technologies Incorporated (FTI) for about 4 MW or 1,176 miners at its Midland, Pennsylvania facilities, with an option for future expansion. This marks the third co-location customer agreement for Mawson since Q4, 2023, expanding its multi-customer base and growth opportunities in its co-location business. Mawson's facilities, including another site in Bellefonte, Pennsylvania for self-mining, are expected to reach a total capacity of 109 MW and about 35,650 miners.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:02 pm

SBEV

SEAS

Splash Beverage Group, Inc. has announced a partnership with Sea World Parks & Entertainment, making its Pulpoloco Sangria available at Sea World venues. This collaboration aims to enhance the beverage options available to visitors at Sea World parks, potentially increasing sales and visibility for Splash Beverage's product.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:01 pm

BKYI

BIO-key International, Inc. (NASDAQ:BKYI) has been selected by the City of Bridgetown Co-operative Credit Union Ltd. (COB) to implement its PortalGuard platform with Identity-Bound Biometrics (IBB) for secure staff access to systems and data. This move aims to enhance cybersecurity and staff productivity, especially in shared workstation environments, by providing a passwordless, phoneless, and token-less multifactor authentication solution that meets cybersecurity insurance mandates.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:01 pm

COTY

Coty Inc. (NYSE:COTY) has entered into a long-term agreement with Italian luxury fashion brand Marni to develop, produce, and distribute a line of fragrances and beauty products beyond 2040, aiming to strengthen its presence in the luxury fragrance segment, particularly in Asia and Europe. This partnership aligns with Coty's strategic direction of focusing on fashion-driven licenses with multi-category potential. The first product launch is expected in 2026. Additionally, Coty renewed its license agreement with bruno banani for over twenty years, targeting younger consumers and the scented care market.

Portfolio Pulse from Nabaparna Bhattacharya

February 06, 2024 | 2:01 pm

LAES

SEALSQ Corp (NASDAQ:LAES) announced plans to establish an Open Semiconductors Assembly and Test Center in the US, focusing on semiconductor technology, post-quantum cryptography, and AI. The initiative aims to enhance supply chain resilience and security, supported by the CHIPS Act in the US and the EU Chips Act. The US-based center will integrate quantum-resistant cryptographic capabilities into semiconductor architectures, offering protection against quantum computing threats.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:45 pm

AAGR

African Agriculture Holdings Inc (NASDAQ:AAGR) has appointed Michael Rhodes as its new CEO. Rhodes, with extensive experience in large-scale agriculture across Africa and a history of raising over $1.5B for development projects, succeeds Alan Kessler. Kessler will continue as Chairman and Chief Strategy Officer. The company aims to strengthen its position as a leading supplier of quality animal feeds and agricultural products in West Africa and beyond, expecting Rhodes to enhance commercial relationships and attract global institutional investors.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:40 pm

BNRG

Brenmiller Energy has successfully completed all necessary system tests and operator training, and has officially handed over its first bGen thermal energy storage installation to the State University of New York. This marks a significant milestone for Brenmiller Energy in the deployment of its bGen technology.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:38 pm

SGBX

Safe & Green (SGBX) has entered into a design build contract with Hostel Cubed. The financial details of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:37 pm

GM

RIVN

TSLA

UBS

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain strong despite market volatility due to rate anxiety. GM recalls over 300,000 trucks for tailgate issues. Janet Yellen highlights crypto risks, urging legislative action. Symbotic reports weak sales, affecting pre-market session. Deutsche Bank retracts US recession forecast. Arm Holdings and Palantir show strong performance, while Alibaba faces a potential further slide. Tesla's market could expand significantly with a new $25K EV. Rivian announces R2 EV launch date. UBS announces a $1B share buyback. China's Orienspace to compete with SpaceX. BP shares surge.

Portfolio Pulse from Akanksha Bakshi

February 06, 2024 | 1:33 pm