Streetbeat News

Partnerships

SNX

TD SYNNEX (NYSE:SNX) has reached a significant milestone with over 2,000 partners engaged in its Enablement Journey for Copilot for Microsoft 365, and more than 500 individuals certified in the program. The expansion of Copilot for Microsoft 365 to cloud solution providers reflects the industry's readiness to embrace generative AI and its transformative potential. TD SYNNEX's Enablement Journey provides technical, operational, and cultural guidance to partners, supporting enhanced collaboration and productivity. Microsoft commends TD SYNNEX's efforts in leading AI transformation and expanding Copilot's availability.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:03 pm

EDBL

Edible Garden AG Incorporated (EDBL) reported over a 50% year-over-year increase in preliminary Produce sales during the key holiday period. The company attributes this growth to its high fulfillment rate of 98% and its Zero-Waste Inspired mission. Edible Garden's distribution network spans over 5,000 retail outlets, including major retailers like Meijer, Walmart, and Target. The company's commitment to quality, sustainability, and reliability is recognized by its partners and is expected to attract more growth.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:02 pm

ABBV

CCI

MPC

SYK

On CNBC's 'Halftime Report Final Trades,' analysts recommended Crown Castle Inc. (CCI), Marathon Petroleum Corporation (MPC), Stryker Corporation (SYK), and AbbVie Inc. (ABBV). CCI announced a review of its Fiber business and new board members. MPC appointed new executives. SYK received a higher price target from RBC Capital. ABBV announced a collaboration with Umoja Biopharma. CCI's stock was flat, while MPC, SYK, and ABBV saw gains in their last trading session.

Portfolio Pulse from Avi Kapoor

January 16, 2024 | 1:51 pm

BANL

BIDU

ELAB

Baidu's stock (BIDU) fell by 5% following reports linking its language model to Chinese military research. ELEVAI Labs (ELAB) surged 126% after signing an exclusive manufacturing and license agreement with INmune Bio to use its EMx Technology. Banle Energy International Limited (BANL) rose 52% in support of BYD's first voyage of its car carrier, BYD Explorer 1.

Portfolio Pulse from ryanfaloona@benzinga.com

January 16, 2024 | 1:50 pm

SIDU

Sidus Space has entered into a contract with ASPINA to host a mission payload on its upcoming LizzieSat mission, which is set to launch with SpaceX in Q2 2025. The mission will demonstrate ASPINA's reaction wheel in orbit.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:45 pm

CJET

Chijet Motor Company, Inc. (NASDAQ:CJET) has signed a strategic agreement with Changsha Automobile Innovation Research Institute and Zhiche Xinan to enhance automotive cybersecurity. The collaboration will focus on developing services such as data security, system certification, and security testing for vehicles, particularly in the context of increasing electrification and cloud integration in automotive functionalities. The agreement emphasizes the importance of compliance and user safety in creating a robust cybersecurity infrastructure for intelligent vehicles.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:44 pm

HTCR

HeartCore Enterprises, Inc. (HTCR) has signed a deal with Toshiba Elevator to implement its CMS platform for Toshiba Elevator's membership website. The website's renewal aims to improve content strategy and user satisfaction with features like streamlined registration, personalized content, and enhanced security. HeartCore's CEO highlighted the traction of their CMS platform in various industries and the partnership as evidence of their digital content management expertise.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:43 pm

ELAB

INMB

ELEVAI Labs has entered into an exclusive worldwide manufacturing and license agreement with INmune Bio. Under this agreement, ELEVAI is granted a license to use INmune's proprietary EMx technology. This partnership aims to leverage INmune's technology to enhance ELEVAI's product offerings.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:40 pm

AMPX

AVAV

Amprius Technologies, Inc. (NYSE:AMPX) has announced the SiCoreTM product platform, a new silicon anode battery with up to 400 Wh/kg energy density and 1,200 cycles. This complements their existing SiMaxxTM platform. The batteries are expected to enhance electric mobility and are validated across various applications. Amprius has exclusive rights to use the silicon anode materials in North America and plans to produce SiCore and SiMaxx batteries at a new Colorado factory. AeroVironment (NASDAQ:AVAV) has tested the SiCore batteries and anticipates their impact on aviation and electric mobility.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:37 pm

TIL

Instil Bio has entered into an agreement with a collaborator to conduct preclinical manufacturing feasibility studies for its ITIL-306 program. Additionally, the company has announced the closure of its manufacturing and clinical operations in the UK.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 1:26 pm