Streetbeat News

Partnerships

EQT

EQT Corporation has joined the Oil and Gas Decarbonization Charter at COP28, signaling its commitment to climate action in the energy sector. This move aligns with global efforts to reduce carbon emissions and may influence the company's operations and strategies going forward.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:42 am

KD

MSFT

Kyndryl, in partnership with Microsoft, has published the results of the Global Sustainability Barometer Study, which assesses the current state of sustainability efforts worldwide.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:28 am

AAPL

GS

Apple Inc. has ended its financial services partnership with Goldman Sachs Group Inc. Bloomberg's Mark Gurman suggests that Chase Bank, a part of JP Morgan Chase & Co., could be a suitable new partner for Apple. Chase already has a significant relationship with Apple, including managing its cash reserves, partnering for Apple Pay, and offering discounts on Apple products. The dissolution of the Apple-Goldman Sachs partnership, which began in 2019 with the Apple Card, follows issues such as delays, financial losses, and customer service problems, leading to billions in losses for Goldman Sachs.

Portfolio Pulse from Ananya Gairola

December 04, 2023 | 3:00 am

AAPL

ZM

Zoom Video Communications Inc. (ZM) has launched its video conferencing software on Apple Inc.'s (AAPL) Apple TV 4K. The app, 'Zoom for Home TV', allows users to host and join meetings using the Continuity Camera feature with an iPhone or iPad running on iOS 17. This integration requires a stand like the Belkin MagSafe Mount, as the Apple TV lacks a built-in camera. The move follows Zoom's strong Q3 financial results, with a 3.2% increase in revenue year-over-year and an 18th consecutive EPS beat.

Portfolio Pulse from Benzinga Neuro

December 04, 2023 | 1:15 am

MSFT

ChatGPT, OpenAI's AI-powered chatbot, celebrated its first anniversary, marking a year of significant growth and impact on the AI industry. Since its launch in November 2022, ChatGPT reached 100 million users in 64 days and had 1.7 billion visits globally by October. The latest GPT-4 version offers enhanced capabilities for a $20 monthly subscription. OpenAI's CEO Sam Altman was briefly ousted but has been reinstated, while Microsoft (NASDAQ:MSFT), holding a 49% stake in OpenAI and having invested over $10 billion, secured a non-voting observer seat on OpenAI's board.

Portfolio Pulse from Ananya Gairola

December 03, 2023 | 5:09 pm

F

FSR

KARS

NIO

RIVN

TSLA

In the past week, Tesla's Cybertruck launch was seen as a pricier 'side story' and Fisker scaled back production plans for the fourth time. Ford dealers are quitting the EV program due to stringent criteria, while Nio is offering incentives to boost sales. Rivian launched a leasing option for its R1T pickup truck. The KraneShares Electric Vehicles and Future Mobility Index ETF had a slight increase on Friday but an overall weekly loss.

Portfolio Pulse from Shanthi Rexaline

December 02, 2023 | 2:34 pm

HD

MSFT

TSLA

This week in politics included Rep. Marjorie Taylor Greene's ageist comments towards President Biden, a gag order upheld against Donald Trump, Home Depot co-founder Ken Langone's political realignment, potential interest from Elon Musk and Bill Gates in purchasing Trump's Mar-a-Lago property, and a televised debate between Governors Gavin Newsom and Ron DeSantis. The article also mentions Tesla Inc. and Microsoft Corporation in relation to their CEOs' potential interest in Mar-a-Lago.

Portfolio Pulse from Benzinga Neuro

December 02, 2023 | 2:26 pm

AMZN

SpaceX has signed a contract to launch Amazon's Project Kuiper satellites, which will provide satellite internet similar to SpaceX's Starlink. The launches will begin mid-2025 using the Falcon 9 rocket. Amazon has also contracted with Arianespace, United Launch Alliance, and Blue Origin for additional launches. Elon Musk stated that SpaceX launches competitor satellites fairly, without favoring their own. Amazon's first Kuiper satellites were launched in October, and full-scale deployment is planned for the first half of 2024, with customer pilots in the second half.

Portfolio Pulse from Anan Ashraf

December 02, 2023 | 7:10 am

KVSA

MSFT

Vinod Khosla, OpenAI investor and Sun Microsystems co-founder, works 80 hours a week at 68 and plans to continue for the next 25 years. He's interested in anti-aging methods to extend his life for work. His firm, Khosla Ventures Acquisition Co. (KVSA), is raising $3 billion for startups despite a venture capital downturn. Khosla supported OpenAI's Sam Altman during a leadership shakeup, with Microsoft (MSFT) CEO Satya Nadella playing a key role in Altman's reinstatement.

Portfolio Pulse from Rounak Jain

December 02, 2023 | 2:27 am

PKANF

SBBCF

Simply Better Brands Corp reported a 45% increase in Q3 2023 revenue to $19.4 million, with a net loss decrease to $0.6 million and a positive adjusted EBITDA of $0.1 million. Strategic brands TRUBAR, No B.S. Skincare, PureKana, and Vibez Wellness contributed to growth. TRUBAR expanded in major retailers, PureKana added over 60k customers and entered the pet market, No B.S. Skincare extended to CVS and will launch in Walgreens, and Vibez Wellness targeted millennials with $3.7 million in revenue. CEO Kathy Casey emphasized continued growth, profit optimization, and debt reduction. PKANF shares traded at $0.2068.

Portfolio Pulse from Patricio Liddle

December 01, 2023 | 9:23 pm