Streetbeat News

Partnerships

ATEX

Anterix's subsidiary PDV Spectrum has signed an agreement with Tampa Electric to use 900 MHz spectrum. This deal could enhance Tampa Electric's communication capabilities and operational efficiency. The financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 12:08 pm

DNA

Vivici has partnered with Ginkgo Bioworks to develop and commercialize a new generation of functional alternative dairy proteins using Ginkgo's strain engineering and optimization expertise.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 12:06 pm

CSIQ

e-STORAGE, a division of Canadian Solar, is set to deliver 480 MWh of battery storage solutions to the Summerfield Project in Australia. This move signifies Canadian Solar's continued expansion in the renewable energy sector and its commitment to the Australian energy market.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 12:05 pm

NATL

Asda Stores has chosen Atleos to be its ATM network partner, aiming to offer its customers convenient and secure access to cash services. The partnership is expected to enhance the shopping experience by providing easy access to cash withdrawals at Asda locations.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 11:02 am

BABA

JD

MPNGF

MPNGY

Alibaba Group Holding Limited (NYSE:BABA) is undergoing business restructuring, including closing its quantum computing research lab and donating the equipment to Zhejiang University. The move affects about 30 staff members and marks a shift from advanced technology research to cost-cutting. Alibaba co-founder Jack Ma has started a new venture, 'Hangzhou Ma's Kitchen Food,' focusing on pre-packaged food. Alibaba's workplace app, DingTalk, is being updated to support Huawei's HarmonyOS, with a partnership that aligns with other Chinese tech giants like JD.com Inc (NASDAQ:JD) and Meituan (OTC:MPNGF) (OTC:MPNGY) developing apps for HarmonyOS. BABA shares traded slightly lower in premarket.

Portfolio Pulse from Anusuya Lahiri

November 27, 2023 | 10:35 am

TSLA

Israeli Prime Minister Netanyahu is set to meet with Elon Musk on Monday to discuss the security aspects of AI and have a live online discussion. Additionally, an agreement in principle has been reached to allow Starlink communications in the Gaza Strip.

Portfolio Pulse from Charles Gross

November 27, 2023 | 10:00 am

NTAP

NetApp, Inc. (NASDAQ:NTAP) is expected to report lower Q2 earnings of $1.39 per share compared to $1.48 per share a year ago, with revenue estimated at $1.53 billion. The company has renewed its collaboration with Microsoft. Ahead of the earnings call, analysts have revised their price targets and ratings for NetApp. TD Cowen and Stifel analysts maintain positive outlooks with increased price targets, while UBS, Wedbush, and Citigroup analysts remain neutral with slight price target adjustments.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 9:08 am

DNA

Vivici BV has partnered with Ginkgo Bioworks to enhance the production of sustainable and nutritious dairy protein through precision fermentation. Ginkgo will leverage its Protein Production Services and generative AI platform to provide optimal candidate strains for Vivici, which will help extend their protein range and support specialized nutrition companies in delivering eco-friendly nutrition options to consumers.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:07 am

XPEV

XPeng Aeroht, affiliated with Xpeng Inc (NYSE:XPEV), demonstrated its X2 flying car's multi-parachute rescue system, which can safely land the vehicle with up to a ton of cargo in case of propeller failure. The system activates at 50 meters above ground, allowing a safe landing at 5.2 m/s. The X2, which had its initial flight in October 2022, is a two-seater flying car with manual and autonomous modes, aimed for use in urban environments. XPeng plans mass production and customer deliveries by 2024.

Portfolio Pulse from Anan Ashraf

November 27, 2023 | 8:39 am

IQ

iQIYI has partnered with GSC Movies in Malaysia and Clover Films in Singapore to release Chinese films in these markets. This collaboration aims to expand the distribution and viewership of Chinese cinema in Southeast Asia.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 7:50 am