Streetbeat News

Partnerships

SYTA

Siyata Mobile Inc. has expanded its partnership with Hyperion Partners, a leading T-Mobile dealer, to include the distribution of Siyata's SD7 Push-to-Talk over Cellular handsets and accessories. This expansion aims to accelerate global order intake and drive growth by leveraging Hyperion's extensive reach. The SD7 handsets are already being used by Hyperion's customers in government and commercial sectors through T-Mobile Direct Connect.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:19 pm

CSCO

NVDA

Nvidia Corp has partnered with Cisco Systems Inc to develop corporate AI computing infrastructures, aiming to broaden AI technology accessibility. This collaboration allows Cisco to integrate Nvidia's AI technology into its networking solutions, enhancing Nvidia's distribution channels and enabling Cisco to capitalize on the AI investment surge. The partnership was announced at Cisco Live in Amsterdam, indicating a strategic move to decentralize AI hardware deployment beyond major data-center operators like Microsoft Corp, Amazon.Com Inc, Alphabet Inc's Google, and Meta Platforms Inc.

Portfolio Pulse from Anusuya Lahiri

February 06, 2024 | 1:16 pm

CHEA

NVIV

PLTR

PRSO

XCUR

Palantir Technologies Inc. shares surged 18% in pre-market trading after reporting Q4 sales above expectations and providing guidance. Other stocks also showed significant pre-market movements, with InVivo Therapeutics, Chenghe Acquisition, and Exicure among the top gainers, while Peraso Inc., Trio Petroleum, and Symbotic Inc. led the losers.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 1:16 pm

UNH

UnitedHealthcare has initiated a program in collaboration with Audubon Area Community Care Clinic and Girls Inc. to educate individuals about Type 2 Diabetes, implement preventive measures, and improve disease management. This initiative is part of UnitedHealthcare's broader efforts to address chronic health conditions and improve public health outcomes.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:15 pm

TWST

Twist Bioscience and Element Biosciences have announced a collaboration to launch 'Twist for Element, Exome 2.0 plus Comprehensive Exome Spike-in Workflow', which is expected to be available soon. This collaboration aims to enhance genomic research and diagnostics capabilities.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:13 pm

SEER

Seer, Inc. (NASDAQ:SEER) announced a study published in Nature Communications, led by Weill Cornell Medicine, showcasing the capabilities of Seer's Proteograph workflow in proteogenomics. The study, which utilized Seer's Proteograph Assay, identified over 18,000 peptides from around 3,000 proteins in blood samples, revealing 184 protein-altering variants in 137 genes. This breakthrough enables unprecedented mapping of genetic markers for drug and biomarker discovery, overcoming limitations of traditional affinity-based methods. Seer's Proteograph XT Assay Kit further enhances this by doubling throughput and maintaining high-resolution insights, supporting large-scale proteogenomic studies and precision medicine.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:10 pm

SRTS

Sensus Healthcare has announced a collaboration with CureRays, aiming to provide oversight and supervision for Sensus' dermatology customers. Additionally, CureRays will research new indications for Sensus' Superficial Radiotherapy (SRT), potentially expanding its market to include inflammatory diseases.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:09 pm

AMRK

A-Mark Precious Metals, Inc. (AMRK) plans to acquire LPM Group Limited from AMS Holding, LLC for $41.5M, marking its expansion into Asia. The deal includes a mix of cash and AMRK stock, with additional performance-based payments. LPM, a major precious metals dealer in Asia, will benefit from A-Mark's resources and e-commerce expertise. Additionally, A-Mark affiliate Pinehurst Coin Exchange will acquire assets from ModernCoinMart for $5.5M, and a joint venture will invest in AMS Holdings. The transactions aim to enhance A-Mark's global presence and product offerings.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:08 pm

MGA

Magna (MGA) has been awarded a contract by a North America-based OEM to supply a specialized primary rear eDrive system for a high-end niche vehicle platform. This system, a variant of Magna's 800V eDS Duo, integrates two e-motors, two inverters, and two gearboxes, delivering 726 kW of power and 8,000 Nm of torque. The contract highlights Magna's expertise in electric powertrain system engineering and integration. The system will be manufactured in Magna's facility in Ramos, Mexico, with production starting in the next few years.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:06 pm

MA

NovoPayment has partnered with Mastercard to expand its operations in Mexico through the Mastercard Network Enablement Partner program. This certification allows NovoPayment to process Mastercard transactions in Mexico, enhancing its multi-rail payments strategy and offering greater choice and flexibility to its clients. NovoPayment aims to leverage this partnership to expedite product innovation, reduce time to market, and improve operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:05 pm