Streetbeat News

Partnerships

FRSX

RVSN

Foresight Autonomous Holdings Ltd. (FRSX) announced that its affiliate, Rail Vision Ltd. (RVSN), has signed a supply contract worth up to $5 million with a leading U.S.-based rail contractor for AI-based Switch Yard Systems. Foresight owns 10.2% of Rail Vision's outstanding share capital. The contract marks Rail Vision's entry into the U.S. market and includes an initial $1 million phase, with potential follow-on orders up to $4 million, and an exclusivity clause for the North American industrial railyards switching segment if certain quotas are met.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:28 pm

RJF

Velocity Clearing and Raymond James have entered into a prime brokerage services referral agreement. This partnership enables Raymond James' institutional sales and sales traders to offer Velocity's prime brokerage services, including custody, clearance, settlement, financing, and securities lending, to their institutional clients such as hedge funds and professional fund managers. This complements Raymond James' existing services like equity research and corporate access.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:11 pm

HWH

HWH International Inc. (NASDAQ:HWH) provided an update on its business operations since becoming a public company. The update highlighted the stability and growth of its food and beverage division, particularly the Hapi Cafe brand, with outlets across Asia. HWH plans to expand its presence, launch membership sales with exclusive benefits, and seek collaborations for nutritious meal prep services. The Executive Chairman, Mr. Chan Heng Fai, expressed excitement for the future and upcoming promotions and events.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:11 pm

NEPT

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) has appointed Stifel Nicolaus Canada Inc. as the exclusive financial advisor for its organic baby food and toddler brand, Sprout Organics. Stifel will provide financial advisory, investment banking services, and strategic advice for reviewing divestiture alternatives for Sprout Organics. Initially, Neptune had plans for a spinoff of Sprout Organics, but is now considering different strategies with Stifel's guidance to maximize shareholder value. Neptune is committed to keeping stakeholders informed throughout the process.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:08 pm

CSCO

TMUS

T-Mobile has partnered with Cisco to launch Connected Workplace, a new service that combines T-Mobile's 5G business internet with Cisco Meraki networking solutions and T-Mobile managed services. This service aims to provide businesses with an easier way to maintain secure connections for their branches and retail stores.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:05 pm

APEI

Graduate School USA (GSUSA) has been chosen for a pilot initiative aimed at training and upskilling financial managers across federal agencies. GSUSA provides over 200 courses designed to assist in the career development of 140,000 federal employees.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:05 pm

EQIX

Equinix, Inc. (NASDAQ:EQIX) has launched a fully managed private cloud service featuring NVIDIA DGX AI supercomputing infrastructure. This service is designed to help enterprises build and manage custom generative AI models. It includes NVIDIA's systems, networking, and AI Enterprise software platform, and is available in Equinix's IBX data centers globally. The service targets industries like biopharma, financial services, and retail, aiming to accelerate innovation and AI application development while ensuring data security and compliance.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:02 pm

V

Visa has announced a partnership with Red Bull Formula One teams, leading to a new team name, Visa Cash App RB Formula One Team. Visa becomes the first global partner, with its logo featured on both cars. The partnership also includes supporting an F1 Academy team to promote equality in sport.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:53 pm

PATH

Deloitte and UiPath have expanded their strategic alliance by introducing a new AI-powered Intelligent Automation solutions framework for enterprises using SAP technology. This expansion aims to enhance business processes and operations for SAP users.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:46 pm

OMQS

OMNIQ Corp. (NASDAQ:OMQS) has received $5M in purchase orders from one of the largest U.S. food and drug chains for the supply of hardware, software, IT licenses, and services. The project involves modernizing the customer's supply chain operations with IoT devices and software for device management, tracking, tracing, and data analytics. OMNIQ's CEO, Shai Lustgarten, highlighted the order's innovative features and the company's commitment to its long-standing customer relationships.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:36 pm