Streetbeat News

Partnerships

TPB

P&L Sales Group and Clipper Lighter have collaborated to release a limited-edition collection of lighters featuring designs by Mike Tyson and Ric Flair. The collection, which will be refreshed with new designs every few months over a two-year period, is distributed in the U.S. by Turning Point Brands (NYSE:TPB). The lighters are positioned as both a tool and an accessory, with availability in wholesale and retail outlets. The launch event is scheduled for November, and the partnership reflects P&L's commitment to innovation and resonating with consumer lifestyles.

Portfolio Pulse from Nina Zdinjak

November 14, 2023 | 4:08 pm

NMR

Crypto.com's Dubai business, CRO DAX Middle East FZE, has been granted a provisional license by Dubai's Virtual Assets Regulatory Authority (VARA) to provide virtual asset services. The license is contingent upon meeting certain conditions and localisation requirements. Dubai is recognized for its effective crypto regulation and support for innovation. Previously, Komainu, a venture involving Nomura (NYSE:NMR), received a similar license in Dubai.

Portfolio Pulse from Tanzeel Akhtar

November 14, 2023 | 3:42 pm

IOT

Samsara Inc. shares have risen following the announcement of their integration with Limble, aimed at enhancing predictive maintenance for fleet management teams.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:40 pm

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AGTI

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Azenta, Inc. reported Q4 earnings of 13 cents per share, surpassing estimates of 2 cents, with sales of $172.36 million against expectations of $163.9 million, causing its shares to rise 15.1%. Other stocks also moved higher, with Talis Biomedical exploring strategic alternatives and announcing a cost reduction plan, and various companies like Paysafe Limited and Sally Beauty Holdings reporting upbeat earnings. Adaptive Biotechnologies was maintained with an Overweight rating by Piper Sandler, and Agiliti, Inc. was upgraded by UBS. Zillow Group entered a new agreement with PHH Mortgage, and Snap Inc. saw gains following a deal to run Amazon shopping ads.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 3:39 pm

BTCUSD

ETHUSD

Katherine Wu, a key figure in the fintech space, has indicated that despite challenges, people are continuing to build within the U.S. fintech industry. She notes that there is a significant effort to make the industry work in the U.S. context. Wu also mentions that there has been considerable feedback from global lawmakers who study the U.S. fintech market but do not utilize it. Additionally, there is an interest in raising capital from U.S. investors for fintech initiatives.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:23 pm

LNVGY

Lenovo has announced the ThinkSmart Bar 180, an AI-enabled video bar for small and medium meeting spaces, in collaboration with Jabra. It features a 180-degree field of view, three camera system, and intelligent microphones. The device integrates with Lenovo ThinkSmart Core and Controller and is certified for Microsoft Teams Rooms and Zoom Rooms. Lenovo also introduced Windows Autopilot support for its ThinkSmart devices. The ThinkSmart Bar 180 will be available in Q1 2024, with prices starting at $1,605 for the standalone device and $4,099 for a full room kit.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:05 pm

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META

SNAP

Snap Inc (SNYSE:SNAP) stock is rising after reports that Amazon.com Inc (NASDAQ:AMZN) is enabling Snapchat users to buy products directly through the app. This follows a similar partnership between Amazon and Meta Platforms Inc (NASDAQ:META). The integration allows for in-app shopping from Amazon's Snapchat ads, with features like real-time pricing and Prime eligibility. The timing aligns with the holiday season and Amazon's early Black Friday event, suggesting a strategic move to increase sales through social media platforms.

Portfolio Pulse from Anusuya Lahiri

November 14, 2023 | 3:00 pm

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SNAP

Snap Inc. shares have risen following reports that Amazon has agreed to advertise its shopping ads on the Snap app. This deal could potentially increase user engagement and revenue for Snap through advertising.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:00 pm