Streetbeat News

Partnerships

AAPL

CRM

MSFT

TSLA

U.S. tech leaders, including Elon Musk (Tesla), Satya Nadella (Microsoft), and Jane Fraser (Citigroup), are set to meet with Chinese President Xi Jinping at the APEC summit in San Francisco. This marks President Xi's first U.S. visit in six years and aims to address strategic issues and improve China-U.S. relations despite tensions. The meeting could impact businesses like Apple, which rely on China for manufacturing and consumers.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 9:05 am

HUIZ

Huize has partnered with Dajia Annuity Insurance to introduce 'Dajia Hui Xuan,' a tailored retirement annuity insurance product. This collaboration aims to provide customers with customized retirement solutions.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:01 am

AMZN

GOOGL

MSFT

Amazon Web Services (AWS), Google, and Microsoft are set to invest a combined total of $8.5 billion in Thailand's digital infrastructure. Each company will contribute approximately 100 billion baht ($8.46 billion) to enhance the nation's digital economy. This follows Thailand's efforts to attract foreign investment, including the approval of 41 billion baht in various sectors by the Thailand Board of Investment in October 2023.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 8:56 am

NCNO

nCino, a cloud banking and digital transformation solutions provider, has announced a strategic partnership with OneSavings Bank to streamline banking processes. This collaboration aims to enhance OneSavings Bank's operational efficiency and customer experience by leveraging nCino's Bank Operating System. The partnership is expected to modernize OneSavings Bank's lending and mortgage processes, thereby improving service delivery.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:36 am

AZN

CLLS

Cellectis, a biopharmaceutical company, has executed a subsequent equity investment agreement with AstraZeneca, involving a $140 million investment. This agreement follows a prior collaboration between the two companies.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:26 am

RTX

Pratt & Whitney Canada, a division of Raytheon Technologies (RTX), has secured a maintenance contract for the PW980 Auxiliary Power Units (APUs) of Emirates' Airbus A380 fleet. This deal reinforces RTX's position in the aviation maintenance sector and its relationship with Emirates.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:23 am

HON

Honeywell has been chosen by AIBOT to supply a compact fly-by-wire system for AIBOT's fully electric vertical takeoff and landing (eVTOL) aircraft. This partnership is aimed at supporting the development of AIBOT's eVTOL aircraft, which is a growing segment in the aerospace industry.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:08 am

Chubb Studio has launched a new B2B2C developer portal to expand its digital integration capabilities. This portal is designed to streamline the integration of Chubb's insurance products into the digital platforms of its partners, enhancing the ease of doing business with Chubb and potentially leading to increased distribution of its insurance offerings.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:01 am

BCEL

Atreca, Inc. has announced a 40% reduction in its workforce as part of a strategic move to explore various strategic alternatives. This decision is aimed at reducing operating costs and extending the company's cash runway. The company is considering multiple options, including the sale of the company, mergers, partnerships, or other transactions that could enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:44 pm

AAPL

MSFT

NKE

NVDA

QCOM

SBUX

TSLA

XOM

The Asia-Pacific Economic Cooperation summit in San Francisco features a key meeting between U.S. President Joe Biden and Chinese President Xi Jinping, aiming to improve U.S.-China relations. Business leaders from major U.S. companies, including Citigroup, Exxon Mobil, Microsoft, Tesla, and others, seek to establish better commercial ties with China amid recent trade tensions and sanctions. Companies like Tesla, Apple, Ford, Starbucks, Nike, Qualcomm, and NVIDIA, which have significant exposure to the Chinese market, are sensitive to these developments.

Portfolio Pulse from Natan Ponieman

November 14, 2023 | 10:37 pm