Streetbeat News

Partnerships

BCAN

BYND Cannasoft Enterprises Inc. is set to sign production agreements for its EZ-G device, a product designed to enhance the delivery of medical cannabis. The news indicates progress in the company's product development and potential future revenue streams.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:13 pm

CSCO

KD

Kyndryl (NYSE:KD) has announced two new security edge services developed with Cisco to enhance security controls and cyber incident response. The services, Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access and Kyndryl Managed SSE with Cisco Secure Access, integrate Cisco's technology into a cloud-delivered service model. This collaboration extends Kyndryl and Cisco's partnership, offering solutions for secure infrastructure, zero trust networks, and hybrid work environments.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:11 pm

TASK

ZEN

TaskUs has launched TaskGPT, a suite of products powered by Generative AI and Large Language Models, in the Zendesk Marketplace. This integration allows Zendesk clients to enhance customer service by providing AI-generated responses with confidence scores, improving efficiency and customer satisfaction. Front-line staff can tailor these responses during customer interactions for seamless communication.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:09 pm

RR

Richtech Robotics has signed a Letter of Intent (LOI) with Ghost Kitchens International to maintain the ADAM beverage system. Under the LOI, Richtech will handle programming, maintenance, and repair of ADAM, while Ghost Kitchens will manage staff, logistics, and leasing within Walmart locations. ADAM features a touchscreen POS, on-demand beverage customization, and an AI with voice activation and natural language processing. Ghost Kitchens staff will be trained to operate ADAM, with Richtech providing real-time support.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:08 pm

TAOP

Taoping Inc. (NASDAQ:TAOP) is experiencing revenue growth due to increasing demand for its off-grid wastewater treatment solutions. The company offers comprehensive support for these projects, integrating them with its Cloud Nest AI system and intelligent Cloud platform. Taoping's solutions are gaining traction with the resurgence of outdoor activities post-pandemic and the need for clean water. The company has completed new projects and expanded its order pipeline, indicating ongoing growth. Taoping's technology is particularly relevant in China, where rapid urbanization has increased sewage discharge, and there is a significant need for improved sewage treatment infrastructure.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:06 pm

PLTR

Palantir has expanded its partnership with Carahsoft, authorizing them as the sole distributor of the Palantir Platform under Canada's Software Licensing Supply Arrangement (SLSA). This arrangement allows Canadian government entities to procure enterprise software licenses through Carahsoft.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:06 pm

USFD

US Foods Holding Corp. (NYSE:USFD) has reached a tentative agreement with Teamsters Local 705, representing its drivers in Bensenville, Illinois. The 5-year contract includes wage, benefits, and healthcare contribution increases, as well as safety enhancements. The agreement is expected to be ratified on February 3, 2024, and is seen as mutually beneficial, recognizing the efforts of the drivers and supporting the company's growth in the Chicagoland area.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:04 pm

APEI

American Public University System (APU) has partnered with Ardent Health Services to offer a 15-percent tuition grant to over 23,000 Ardent team members and their families for education at APU.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:00 pm

LVO

PODC

PodcastOne has renewed its agreement with The Adam Carolla Podcast and The Adam and Dr. Drew Show, which together boast over 700 million downloads and more than 7000 episodes. Adam Carolla is also set to be inducted into the Podcast Hall of Fame at the 2024 Podfest Expo.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 1:46 pm

HUM

LVTX

TSLA

Tesla's Q4 financial results fell short of expectations, causing a 9% drop in its stock price. LAVA Therapeutics announced a collaboration with Merck to evaluate LAVA-1207 with KEYTRUDA, leading to a 75% surge in LVTX shares. Humana's shares declined by 17% after reporting Q4 FY23 earnings and providing 2024 guidance.

Portfolio Pulse from ryanfaloona@benzinga.com

January 25, 2024 | 1:42 pm