Streetbeat News

Partnerships

CLMB

Climb Channel Solutions, a subsidiary of Climb Global Solutions, has entered into a partnership agreement to distribute GitLab to authorized resellers.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:54 pm

GOOGL

XMTR

Xometry has announced a contract with Google Cloud to leverage Vertex AI to accelerate the deployment of new auto-quote methods and models.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:38 pm

LILM

Lilium has entered into a partnership with Michelin for the development and serial production of tires for the Lilium Jet. The partnership aims to create custom, sustainable, and high-performance tires for the electric vertical take-off and landing (eVTOL) aircraft.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:33 pm

CENX

Century Aluminum Company has ratified a new five-year collective bargaining agreement with the United Steelworkers Local 9443-00 for the Century Sebree Aluminum Smelter in Robards.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:27 pm

FCDI

IPSC

Century Therapeutics and Fujifilm Cellular Dynamics have announced a new worldwide license deal and expansion of existing licenses for the development and commercialization of cell therapies for the treatment of autoimmune and inflammatory diseases.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:23 pm

LRHC

WHLR

La Rosa Holdings Corp. (LRHC) and Wheeler Real Estate Investment Trust, Inc. (WHLR) are identified as the most oversold stocks in the real estate sector, with RSI values of 20.61 and 29.59 respectively. LRHC has entered into a strategic referral partnership with Janover Inc., while WHLR has reported its financial and operating results for the three and nine months ended Sept. 30, 2023.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 12:15 pm

WBX

Wallbox reported 3Q23 revenue of €32.5 million, a 35% gross margin, and €39 million in cost savings. The company activated nearly 50,000 AC chargers globally, marking a 30% YoY increase. Wallbox also announced the acquisition of ABL GmbH, a market leader in Germany, and a partnership with Kia America to deliver Wallbox's Quasar 2 alongside Kia's new EV9 SUV in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:13 pm

ONCY

Oncolytics has updated its pancreatic cancer program for Pelareorep. The company, in collaboration with The Pancreatic Cancer Action Network (PanCAN), had initially planned to initiate a Phase 3 trial using the Precision Promise platform in H1 2024. However, Oncolytics now plans to conduct an adaptive Phase 3 program and manage it directly within its Clinical Group and a contract research organization, with the goal of enrolling the first patient in mid-2024.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:35 am

HCM

TAK

Hutchmed's partner Takeda has received FDA approval for Fruzaqla (Fruquintinib) for previously treated metastatic colorectal cancer patients. The approval was received under priority review over 20 days ahead of the scheduled Prescription Drug Users Fee.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:26 am

GOOG

GOOGL

MSFT

TCEHY

Google offered a $147 million deal to Epic Games to secure the debut of Fortnite on the Play Store, aiming to prevent the potential loss of substantial in-app purchase fees. The offer was rejected by Epic Games. Google also allegedly offered a $18 million deal to rival Riot Games, owned by Tencent Holdings, and incentives worth $360 million to Microsoft-owned Activision Blizzard to keep its games on the Play Store. The outcome of the ongoing antitrust lawsuit could impact the future of app distribution and in-app purchases.

Portfolio Pulse from Rounak Jain

November 09, 2023 | 11:23 am