Streetbeat News

Partnerships

AMZN

CSCO

Cisco has enhanced its network assurance capabilities by integrating ThousandEyes with Amazon CloudWatch Internet Monitor. This collaboration provides comprehensive visibility into an application's service delivery path, including private environments, the public Internet, and AWS's network. Customers will gain operational insights and recommendations to optimize AWS-hosted applications and ensure superior digital experiences.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:02 pm

SRAD

Sportradar (SRAD) has announced a partnership with Sportsnet to deliver data-rich sports content to the Canadian market. This collaboration aims to enhance fan engagement by integrating Sportradar's comprehensive sports data and insights into Sportsnet's broadcasting and digital platforms. The partnership is expected to leverage Sportradar's expertise in sports data analytics to provide Canadian sports audiences with enriched experiences.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:39 pm

SLGWF

TCNNF

SLANG Worldwide Inc. (OTCQB:SLGWF) reported increased revenue and gross profit for Q3 2023, with total revenue of $6.7 million and gross profit of $4.8 million. The company's net loss decreased, and all operating units were cash flow positive. SLANG has a strategic partnership with Trulieve Cannabis Corp. (OTCQX:TCNNF), which has been beneficial, including the launch of SLANG's vape brand in West Virginia. SLANG's OTC shares were up 3.77% at $0.028 per share.

Portfolio Pulse from Jelena Martinovic

November 28, 2023 | 3:36 pm

HOLO

MicroCloud Hologram Inc. (NASDAQ:HOLO) has announced a partnership with China's largest new energy vehicle company to provide a Generalized Streaming Media Control System (CMS). This agreement is expected to be a significant breakthrough for HOLO in the new energy vehicle sector. The Chinese company, which leads the world in new energy vehicle sales, has sold over 2.3 million cars this year. HOLO will deliver comprehensive holographic vision software and hardware solutions, including advanced driver assistance system (ADA) services, which could positively impact the financial performance of both companies.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:32 pm

DXC

NOW

DXC Technology Company (DXC) and ServiceNow Inc (NOW) have expanded their strategic partnership to enhance global service and workflow management. The collaboration will integrate ServiceNow's analytics and AI into DXC's Platform X, aiming to improve insight generation, productivity, and efficiency for over 500 users. DXC, a ServiceNow Global Elite partner, will become a preferred partner for ServiceNow Professional Services and ServiceNow Impact. Both companies will also work to expand their global reach, with DXC holding over 1,900 ServiceNow certifications and investing in ServiceNow training and accreditation. DXC shares traded 0.50% lower at $22.97, and NOW shares traded 0.19% lower at $669.29.

Portfolio Pulse from Akanksha Bakshi

November 28, 2023 | 3:18 pm

DIS

Bob Iger, CEO of Walt Disney Company (NYSE:DIS), is set to meet with employees in a town hall meeting to discuss the company's future. Despite a slight recovery from nine-year lows in August, Disney shares are down 1% over the last year. The meeting will include executives from film, parks, ESPN, and television divisions, focusing on 'future building opportunities.' Disney's linear networks have struggled, but the company is investing in Disney+ and has acquired the remaining stake in Hulu. The ESPN segment has been separated to highlight its performance, and Disney is seeking a partner for growth. The film division's recent box office performance has been weak, with no $1 billion grossing movie recently and 'Wish' underperforming. The town hall aims to address concerns of both employees and shareholders.

Portfolio Pulse from Chris Katje

November 28, 2023 | 3:16 pm

AZN

SNY

SPY

Senior U.S. administration officials have met with manufacturers to discuss plans for meeting the projected demand for RSV vaccines in the following year. The White House has released a statement detailing the outcomes of this meeting, which is part of proactive efforts to ensure sufficient supply of RSV vaccines to meet anticipated needs.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:40 pm

CWEN

GDEV

LASR

PDD

RNA

SWTX

PDD Holdings Inc. reported a significant year-on-year revenue growth of 94% in Q3 FY23, surpassing consensus estimates, with shares surging 18.6%. Avidity Biosciences, SpringWorks Therapeutics, and other companies also saw their stocks move higher. Avidity expanded its collaboration with Bristol Myers Squibb, SpringWorks received FDA approval for Ogsiveo, and other companies experienced various positive catalysts including upgrades, inclusion in indices, and favorable analyst coverage.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 2:39 pm

AMPG

AmpliTech Group, Inc. (AMPG) CEO Fawad Maqbool discussed the company's growth, revenue projections, and future technology applications on The Stock Day Podcast. AMPG, which specializes in RF microwave components for various high-tech markets, has seen revenues grow from $3.5 million to $20 million last year, with a projection of $17 million for this year. The company is nearing profitability and is preparing to market new products, including anti-hackable hardware encryption chips for 5G networks. Maqbool highlighted the importance of their amplifier technology and the company's readiness to engage with major carriers and 5G customers.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:38 pm

VTEX

VTEX has been chosen by Hearst to power its ecommerce businesses, aiming to transform the buying experience across its media platforms. The VTEX Commerce Cloud will enable Hearst to create a unified shopping experience for its 165 million monthly users. The platform's native capabilities and flexibility were key factors in Hearst's decision. Valtech will assist in the digital transformation, which is central to Hearst's strategy for the digital economy.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:34 pm