Streetbeat News

Partnerships

CI

Cigna Healthcare has partnered with Infirmary Health to provide Medicare Advantage customers in-network access to Infirmary's facilities. The agreement includes value-based care initiatives aimed at improving health outcomes and reducing costs.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:09 am

AMZN

NVDA

Amazon CEO Andy Jassy emphasized the company's commitment to developing in-house silicon, despite a strong partnership with Nvidia. Amazon's custom silicon, Trainium and Inferentia, aims to offer better price performance for AI workloads. AWS continues to grow, with a 19.1% year-over-year increase, and maintains strong partnerships, including with Nvidia. Amazon's Q3 net sales and earnings exceeded expectations, leading to a 6.07% surge in after-hours trading.

Portfolio Pulse from Ananya Gairola

November 01, 2024 | 8:13 am

AMD

Fujitsu and AMD have announced a partnership to enhance sustainable AI computing and accelerate open-source innovations. This collaboration aims to leverage AMD's technology to drive advancements in AI while focusing on sustainability.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:29 am

PARA

SONY

Sony has filed a lawsuit against CBS, owned by Paramount Global, alleging breach of contract related to the distribution of 'Wheel of Fortune' and 'Jeopardy!'. Sony claims CBS has mishandled distribution deals, assigned improper value to the shows, and breached contract terms by entering long-term agreements. Sony seeks damages and aims to end its agreement with CBS.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 10:36 pm

KVUE

Kenvue's Neutrogena brand is forming multi-year partnerships with two dermatologists, which could enhance its product credibility and market reach.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:54 pm

ENS

EnerSys' ABSL lithium-ion battery has successfully powered NASA's Europa Clipper mission, which was launched on a SpaceX Falcon Heavy rocket. The battery will support the spacecraft's scientific instruments for exploring Jupiter's moon, Europa.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:42 pm

MYO

Myomo, Inc. has entered into contracts with Blue Cross Blue Shield of Massachusetts and Paradigm to provide its MyoPro device to patients covered by private insurance on an in-network basis. This development could expand Myomo's market reach significantly.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:40 pm

CACI

CACI International Inc has secured a five-year task order worth up to $226 million to provide expertise to U.S. Southern Command operations. This contract highlights CACI's role in supporting military operations and could positively impact its financial performance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:40 pm

TOVX

Theriva Biologics shares rose after being selected as a finalist for Merck KGaA's EMEA Advance Biotech Grant.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:38 pm

TOVX

Theriva Biologics (NYSE:TOVX) has been selected as one of five finalists for Merck KGaA's EMEA Advance Biotech Grant. The finalists will present to a panel during BIO Europe 2024 in Stockholm.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:37 pm