Streetbeat News

Partnerships

AVGO

MRVL

JPMorgan analyst Harlan Sur predicts a semiconductor up-cycle, with Broadcom and Marvell leading due to their strong positions in cloud and AI markets. The sector is expected to see positive growth into 2025, driven by demand for cloud infrastructure and custom chips. Clearing excess inventory and ongoing M&A activity are also positive factors.

Portfolio Pulse from Surbhi Jain

October 18, 2024 | 1:02 pm

LAES

SEALSQ has partnered with Allion Japan to assist IoT device manufacturers in creating secure and standard-compliant products. This collaboration aims to enhance the security features of IoT devices, ensuring they meet industry standards.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:35 pm

FBLG

FibroBiologics has partnered with Charles River to develop and manufacture fibroblast cell-based therapies for chronic diseases. This collaboration includes CGMP production for a diabetic foot ulcer clinical trial starting in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:34 pm

ALNY

Alnylam Canada has signed a Letter of Intent with the pan-Canadian Pharmaceutical Alliance for the public reimbursement of AMVUTTRA, a treatment for hereditary transthyretin-mediated amyloidosis in adults. This follows positive recommendations from Canadian health agencies.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:17 pm

BA

SPCE

NASA has assigned its Crew-10 and Crew-11 missions to SpaceX for 2025, following issues with Boeing's Starliner. SpaceX will launch these missions to the ISS, while Boeing's Starliner faces delays due to technical issues.

Portfolio Pulse from Anan Ashraf

October 18, 2024 | 11:53 am

CMS

The Department of Energy (DoE) has selected Consumers Energy to receive nearly $20 million in financial assistance. This funding will be used to deploy new technology that provides real-time visibility into the energy grid.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:22 am

LRNZ

NET

SPRX

Cloudflare has opened a new headquarters in Lisbon, Portugal, to support its expanding EMEA operations. The company plans further regional growth and has increased its team in Portugal from 14 to over 350 employees since 2019. Cloudflare's stock is accessible via ETFs like Spear Alpha ETF and TrueShares Technology, AI & Deep Learning ETF.

Portfolio Pulse from Lekha Gupta

October 18, 2024 | 10:41 am

CURI

Curiosity has entered a strategic distribution partnership with Off The Fence to expand its content reach in China, Hong Kong, and Macau. This deal will license 56 unique titles, totaling 148 hours of factual content, to audiences in these regions.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:22 am

NET

Cloudflare, Inc. (NYSE:NET) has opened a new headquarters and technical hub in Lisbon, Portugal, to support its expanding EMEA operations. The company plans to significantly grow its workforce in Lisbon, where it has already increased from 14 to over 350 employees since 2019.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:04 am

CMCSA

Comcast has partnered with Inspiredu to install its first flagship Lift Zone in Atlanta, Georgia. This initiative aims to provide free WiFi access to students and families, enhancing digital connectivity and educational opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 9:48 pm