Streetbeat News

Partnerships

ACHR

Archer Aviation Inc. (NYSE:ACHR) has signed a memorandum of understanding with InterGlobe Enterprises to launch an all-electric air taxi service in India by 2026. The partnership plans to finance the purchase of up to 200 of Archer's Midnight aircraft for the India operations. The companies also plan to collaborate with local business partners to manage operations, fund and construct vertiport infrastructure, and provide training for pilots and other essential personnel.

Portfolio Pulse from Nabaparna Bhattacharya

November 09, 2023 | 10:55 am

ACHR

Archer Aviation has signed a Memorandum of Understanding with InterGlobe Enterprises to launch and operate an all-electric air taxi service in India.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:02 am

AZN

AstraZeneca and Eccogene have entered into an exclusive license agreement for ECC5004, a drug aimed at treating obesity, type-2 diabetes, and other cardiometabolic conditions. Eccogene will receive an initial upfront payment of $185M and could potentially receive an additional $1.825B in milestone payments.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:44 am

ICE

Abu Dhabi Securities Exchange (ADX) has chosen Intercontinental Exchange's (ICE) global network to provide direct market access to global investors. This partnership will enhance ADX's visibility and accessibility to international markets.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:52 am

MNTS

Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company, has signed an agreement with RIDE! Space to make its services available through the RIDE! Space platform. The services include satellite buses and in-space infrastructure services such as transportation, hosted payloads, and other in-orbit services.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:41 am

DNB

Dun & Bradstreet (NYSE:DNB) has announced the upcoming availability of Entity Resolution services, complete with D-U-N-S Numbers, to all relevant third-party providers and clients within the Databricks Marketplace. This new offering will provide over 200,000 new and existing Dun & Bradstreet clients a quick and frictionless experience when adding new data assets to their commercial data strategies.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:36 am

BTCUSD

GBTC

The Securities and Exchange Commission (SEC) has initiated discussions with Grayscale Investments regarding its proposed spot Bitcoin ETF. The crypto sector is keenly awaiting the SEC’s approval of such ETF applications, as it is seen as a key event that could expand retail investors’ access to digital assets. Grayscale has been in regular communication with the SEC’s Division of Trading and Markets and the Division of Corporation Finance, following its legal victory in court.

Portfolio Pulse from Mehab Qureshi

November 09, 2023 | 5:50 am

DIS

NFLX

WBD

Disney's CEO, Robert Iger, announced that the company's core brands, including Disney, Pixar, Marvel, and Star Wars, will not be licensed to competitors like Netflix. This decision contrasts with Warner Bros. Discovery's approach, which has licensed some of its DC Universe content to Netflix. Iger emphasized the competitive advantage these brands provide for Disney's streaming business.

Portfolio Pulse from Ananya Gairola

November 09, 2023 | 5:17 am

NOVA

Sunnova Energy International Inc. has been selected by the U.S. Department of Energy's Grid Deployment Office as part of a $440 million investment from the Puerto Rico Energy Resilience Fund. The company is expanding its Sunnova Sentient Virtual Power Plant (VPP) platform to Puerto Rico to participate in LUMA's Customer Battery Energy Sharing (CBES) program. This initiative aims to transform the role of distributed solar and storage customers in enhancing grid stability during peak demand periods, offering financial incentives for participation. Sunnova also plans to install rooftop solar and batteries in vulnerable single-family households across Puerto Rico.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 11:06 pm

STN

Stantec, a global leader in sustainable design and engineering services, has been awarded two lots on South West Water's Engineering Consultancy Framework. The company will provide project and programme management and engineering design services. Stantec has previously worked with South West Water on its Strategic Consultancy Framework and has significantly boosted its presence in South West England.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:56 pm