Streetbeat News

Partnerships

XPOF

Xponential Fitness, Inc. (XPOF) has reached a significant milestone by opening its 3,000th studio, CycleBar Loveland, in Colorado. CEO Anthony Geisler thanked franchisees and employees for their contributions to this achievement. Xponential Fitness has a presence in 23 countries and plans for continued growth. The owners of CycleBar Loveland, Sydnie and Zack Whitmer, expressed gratitude for Xponential's support and commitment to providing exceptional fitness experiences.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:10 pm

SPR

Skyrora and Spirit AeroSystems have announced a collaboration to enhance the UK's orbital launch capabilities. Skyrora aims to be the first UK company to launch satellites from UK soil, with up to 16 launches per year planned. The partnership will leverage Spirit's manufacturing and testing facilities in the UK to transition Skyrora's vehicles from development to full-scale production. The collaboration aligns with the UK Government's National Space Strategy to become Europe's leading provider of small satellite launch by 2030. The partnership also includes research in space technologies, such as additive manufacturing, with Skyrora providing access to its Skyprint 2 3D printer.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:08 pm

NVDA

WIT

Wipro has partnered with NVIDIA to leverage generative AI for healthcare insurance companies, utilizing NVIDIA's AI Enterprise software. This collaboration combines the strengths of both companies in AI and large language models to innovate in the healthcare insurance sector.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:08 pm

SGN

Signing Day Sports, Inc. (SGN) is focusing on growth and partnerships, leveraging its app for high school athlete recruitment. The app supports multiple sports and aims to adapt to more, funded by its IPO proceeds. The company plans to use digital marketing to raise student-athlete awareness and increase user revenue. Amidst a stock price decline since trading on the NYSE American exchange, SGN suspects illegal short selling and has initiated an investigation. The company maintains strong support from legacy stockholders and is committed to advancing student-athlete education and opportunities.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:08 pm

LOVE

MSFT

Lovesac and Xbox have partnered for a second year to offer an exclusive Cyber Monday deal featuring Lovesac's StealthTech with invisible surround sound technology, aiming to enhance the gaming experience for the holiday season.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:06 pm

ATIF

ATIF Holdings Limited (NASDAQ:ATIF) has announced that its subsidiary, ATIF Business Management LLC, has signed an $800,000 listing advisory services agreement with a U.S.-based electronic technology innovation company. The services include guiding the client through the IPO process with various support services such as audit, valuation, and investor relations. ATIF's CEO, Liu Jun, expressed commitment to client success and the establishment of a strong cooperative relationship.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:02 pm

AI

AMZN

C3 AI has announced the AWS Marketplace listing of its no-code, self-service generative AI application, C3 Generative AI: AWS Marketplace Edition. Starting November 29, select customers can access a 14-day free trial via private preview. The application is designed to transform enterprise work by enabling users to easily find information and insights within data. It will be publicly available to all AWS customers soon and is already deployed in various industries. All C3 AI products run on AWS and utilize AWS's AI/ML capabilities, including Amazon Bedrock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 2:02 pm

DXC

HBI

DXC Technology (NYSE:DXC) has signed a five-year contract with HanesBrands (NYSE:HBI) to enhance the work experience of HanesBrands' global workforce through Modern Workplace solutions. The partnership, an extension of their existing multi-year global collaboration, will leverage ServiceNow and DXC UPTimeTM Device Management technologies to improve productivity, connectivity, and efficiency across HanesBrands' operations in 32 countries. The digital transformation aims to facilitate better collaboration among HanesBrands' 51,000 associates worldwide and drive business growth by becoming a more digital and data-driven enterprise.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 1:34 pm

WMT

Walmart partners with Bamboo Rose to develop a new enterprise sourcing platform (ESP) to revolutionize its global sourcing operations. The ESP will integrate various systems, enhance efficiency, and support Walmart's commitment to low-cost goods. It will enable better collaboration among Walmart's sourcing associates, buyers, product development teams, and suppliers, leading to more informed purchasing decisions, improved market access, and reduced waste, especially in perishable goods. The initiative aligns with Walmart's strategy to save money for customers and is expected to impact all markets and business units, including Sam's Club.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 1:19 pm

BAER

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW) has entered into a joint venture partnership with Marathon Asset Management LP and Avenue Sustainable Solutions Fund to purchase four Canadair CL-215T Amphibious Aircraft from the Spanish government for €40.3 million. The acquisition is expected to close in ten business days and is seen as a strategic move to expand Bridger's customer base and create substantial revenue and cash flow growth. Bridger will manage the upgrades of the planes and has the right to acquire them sequentially as they are ready for service, with the first two expected to be operational by Summer 2024 in the EU.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 1:10 pm