Streetbeat News

Partnerships

ATEC

Alphatec Holdings' stock is trading higher following the company's announcement of preliminary Q4 and FY23 revenue guidance that exceeded expectations. Additionally, Alphatec has entered into a strategic partnership with Aclarion to further the commercialization of Nociscan.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:43 pm

MBLY

Mobileye's stock is trading higher following the announcement of winning a series of production design contracts from a significant Western automaker.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:42 pm

GOLF

MODG

NKE

ONON

Tiger Woods has ended his 25-year sponsorship with Nike Inc (NKE), causing speculation about his next partnership. Rumors of Woods joining On Holding Ag (ONON) led to an 8% stock increase, which fell 4% after the company denied the rumors. Shares of Topgolf Callaway Brands Corp (MODG) and Acushnet Holdings Corp (GOLF) rose amid speculation that Woods might sign with them. The new deal is expected to be costly due to Woods' popularity in golf.

Portfolio Pulse from Aaron Bry

January 08, 2024 | 5:15 pm

JNJ

Predicine, Inc. has announced a collaboration with Janssen Pharmaceutica NV, a Johnson & Johnson company, to develop PredicineCARE™, a urine cfDNA NGS assay, as a companion diagnostic tool for localized bladder cancer. The assay, which received FDA Breakthrough Device Designation, aims to identify patients who may benefit from targeted therapy by detecting genomic alterations in key cancer-associated genes.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:08 pm

AMZN

PCRFY

Panasonic Holdings is collaborating with Amazon to create smart TVs that recommend content based on user viewing history. Showcased at CES, the OLED model with Amazon's Fire TV will launch in Japan and Europe in spring. The TVs will also aim to integrate with in-vehicle displays and smartphones for a seamless content experience. Despite a 5% decline in global flat-screen TV shipments in 2022, Panasonic is innovating to compete with market leaders like Samsung and Hisense.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:06 pm

CRSR

NVDA

Corsair Gaming, Inc. (NASDAQ:CRSR) has announced support for NVIDIA's new RTX 4080 Super, RTX 4070 Ti Super, and RTX 4070 Super graphics cards with its latest power supply units (PSUs). Corsair recommends the RMx SHIFT 850W, SF850L, and HX1000i PSUs, which include a PCIe 5.0 12VHPWR GPU power cable. The company also offers a range of hardware compatible with these GPUs and will soon offer Vengeance gaming PCs and custom-built ORIGIN PCs featuring NVIDIA's RTX 4000-series Super graphics cards.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:05 pm

ONON

On Holding AG, during the 26th ICR Conference, denied any partnership with Tiger Woods, expressing their hope that he finds a suitable new partner but confirming it will not be with them.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:40 pm

OMH

WBUY

Ohmyhome Ltd. (NASDAQ:OMH) and Webuy Global Ltd. (NASDAQ:WBUY) have announced a strategic partnership to cross-sell services in Singapore. Webuy will offer Ohmyhome's property services through its e-commerce platform, while Ohmyhome will promote Webuy's 'group buy' service to its homeowners. The collaboration aims to leverage both companies' customer bases and expand Webuy's retail footprint with 100 new stores. OMH shares rose by 1.32% to $1.54, and WBUY shares increased by 0.95% to $0.53.

Portfolio Pulse from Akanksha Bakshi

January 08, 2024 | 4:39 pm

GETY

Getty Images (NYSE:GETY) has launched Generative AI by iStock at CES, powered by NVIDIA Picasso. This tool allows businesses to create AI-generated marketing visuals with legal protection. It integrates with iStock's library and offers $10K USD legal coverage for licensed visuals. The AI tool is designed to avoid copyrighted elements and is available in over 75 languages.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:33 pm

LI

NVDA

NVIDIA has announced that Li Auto and other EV makers including GWM, ZEEKR, and Xiaomi have chosen NVIDIA's DRIVE platforms for their automated driving systems. Li Auto will use NVIDIA DRIVE Thor for its next-generation fleets, while GWM, ZEEKR, and Xiaomi will use the NVIDIA DRIVE Orin platform. These platforms will enable advanced autonomous driving features such as intelligent parking, automated operation on high-speed and urban roads, and full-scenario smart navigation.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 4:32 pm