Streetbeat News

Partnerships

FOXO

FOXO Technologies has entered into a licensing agreement with KR8.ai to develop new epigenetic wellness solutions. The commercial launch of their VITHAR™ AI Health Coach is reportedly ahead of schedule, although the specific terms of the agreement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:39 pm

SDA

SunCar Technology Group Inc. has secured an exclusive vehicle service contract worth $3.5 million with the Sichuan branch of China Construction Bank. The contract is expected to enhance SunCar's revenue stream and solidify its presence in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:37 pm

AAPL

BA

SBUX

SEDG

TSLA

XOM

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin have seen a drop as Google search interest in spot ETFs declines. Apple's Vision Pro pre-orders are strong, but an analyst predicts a demand dip. Terraform Labs files for bankruptcy amid legal issues. Starbucks is predicted to see over 6% upside by a highly accurate analyst. Tesla, Netflix, and Intel are in focus during a pivotal earnings week. US and world politics could influence markets, with Trump and DeSantis news. US economic slowdown is forecasted for 2024. In tech, Apple faces challenges, Nvidia's CEO visits China, and OpenAI enforces political rules. The electric vehicle sector sees developments with Nio, Rivian, and Tesla. Exxon Mobil sues shareholders over climate proposal. Boeing is recommended for expanded checks on its 737 fleet. Manchester United appoints a new CEO, and Amer Sports considers a US IPO. SolarEdge shares are up premarket.

Portfolio Pulse from Akanksha Bakshi

January 22, 2024 | 1:27 pm

SPGC

Sacks Parente Golf, Inc. (NASDAQ:SPGC) division Newton Golf Shafts has signed PGA TOUR Champions player Ken Duke to endorse its new Newton Motion Shaft. Duke has already seen success with the shaft, ranking first in driving accuracy at a recent event and achieving impressive finishes in subsequent tournaments. The Newton Motion Shaft features proprietary carbon fiber technology designed to enhance performance with straighter, longer shots and reduced effort. Duke will also collaborate with Newton on product design, offering player insights.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:20 pm

DLR

Digital Realty (NYSE:DLR) has announced the expansion of ServiceFabric, its service orchestration platform, which now includes 70 members offering over 100 services. ServiceFabric is part of PlatformDIGITAL, a global data center platform critical for AI and HPC workloads. The Service Directory, a marketplace for partners' offerings, facilitates secure and direct connections to over 200 global cloud on-ramps. Executives from Console Connect, Colt Technology Services, Fortinet, Hivelocity, IDC, Lumen, Rackspace, and Zenlayer have expressed support for the platform's capabilities and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:13 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) will install its safety system across Strauss Group's entire fleet in Israel after a successful trial. The trial on 17 trucks showed a significant reduction in accidents. Strauss Group, a major food manufacturer, values safety and responsible road use. The deal is strategic for SaverOne, as Strauss is partnered with Frito-Lay, a subsidiary of PepsiCo, indicating potential for international expansion.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:11 pm

VTAK

Catheter Precision, Inc. (NYSE:VTAK), a US-based medical device company, has signed a distribution agreement with Supri Artigos Medico Hospitalares Ltda for its electrophysiology product, LockeT, in Brazil. This marks the company's first distributor in South America, aiming to provide innovative technologies to improve patient care and workflow efficiency in a cost-effective manner.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:09 pm

SYTA

Siyata Mobile Inc. has expanded its dealer network by partnering with CTS Mobility, a large Verizon Elite Partner. CTS Mobility will distribute Siyata's SD7 Push-to-Talk over Cellular handsets and accessories. This partnership aims to enhance the distribution of Siyata's products across the United States and internationally, leveraging CTS Mobility's commitment to providing best-in-class outcomes for its customers, including enterprises and emergency management services.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:08 pm

OPXS

Optex Systems Holdings, Inc. (NASDAQ:OPXS) has acquired Speedtracker from RUB Aluminum and entered into a Contract Manufacturing Agreement to continue producing the Speedtracker Mach 4+ product line. The acquisition was made with cash on hand and may include future payments based on milestones. Speedtracker is a radar-based chronograph for measuring projectile velocity, and Optex aims to expand its distribution and growth. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:04 pm

META

TSLA

TWTR

TikTok founder Zhang Yiming expressed admiration for Elon Musk's ability to consistently undertake challenging and innovative projects. Musk responded positively to Yiming's comments. The praise comes amidst criticism Musk has faced over his Twitter acquisition, interactions with Mark Zuckerberg, and his desire to increase his stake in Tesla. Jim Cramer has suggested Tesla may be the first to fall from the 'Magnificent 7' stock group due to Musk's behavior.

Portfolio Pulse from Rounak Jain

January 22, 2024 | 12:47 pm