Streetbeat News

Partnerships

LICY

Li-Cycle has secured a 100% off-take agreement with Glencore for its mixed hydroxide precipitate (MHP) production at the Rochester Hub. The agreement supports the finalization of financing documentation for a U.S. Department of Energy loan.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:11 am

TPC

Tutor Perini-Nan JV has secured a $330.6M contract from the Naval Facilities Engineering Systems Command for the Apra Harbor Waterfront Repairs Project, with potential additional work increasing the contract value by $230M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:08 am

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has secured $30 million in funding to support its luxury and mass electric vehicle brands. The funding will aid in FF 91 deliveries, supply chain restoration, and the FX project. The company has also strengthened partnerships with key suppliers to optimize cost efficiencies.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:07 am

AMD

META

NVDA

Meta Platforms is developing its next-generation AI model, Llama 4, using over 100,000 NVIDIA H100 GPUs. The open-source approach is leading to chip optimizations by NVIDIA and AMD, benefiting Meta. The company reported strong Q3 financial results but faced internal challenges.

Portfolio Pulse from Kaustubh Bagalkote

October 31, 2024 | 2:49 am

GVA

Granite Construction has been awarded a $42 million design-build contract by the Naval Facilities Engineering Systems Command for a sitework and infrastructure project at Naval Base Guam. This contract is part of the Relation-Asia Program.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:01 pm

DASH

LYFT

DoorDash and Lyft have announced a partnership offering exclusive benefits to their users. DashPass members will receive discounted Lyft rides and free Priority Pickup upgrades, while Lyft riders will get a free 3-month DashPass trial.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:54 pm

VSTE

Vast Renewables shares rose following the announcement of a development services agreement with GGS Energy.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:41 pm

DIS

Disney has secured a 10-year global deal to exclusively simulcast 'The Grammys' on ABC, Hulu, and Disney+ starting in 2027. In 2027, ABC will also present 'The Oscars' and Super Bowl LXI.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:36 pm

ENVX

Enovix Corporation (NASDAQ:ENVX) shares rose following better-than-expected Q3 results and a new development agreement with a leading smartphone OEM. The company reported Q3 revenue of $4.32 million, surpassing estimates, and a smaller-than-expected loss per share. Enovix also announced a new agreement to develop a silicon anode battery for a top smartphone OEM, with a launch targeted for Q4 2025. Analysts reiterated positive ratings and price targets for the stock.

Portfolio Pulse from Vaishali Prayag

October 30, 2024 | 7:19 pm

FDX

PBI

Pitney Bowes has announced a new program with FedEx, allowing its customers to access discounted FedEx rates and expanded service options through a FedEx Platform Account. This collaboration aims to enhance Pitney Bowes' offerings in the ecommerce marketplace.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 7:02 pm