Streetbeat News

Partnerships

ADES

Advanced Emissions Solutions (ADES) has signed a heads of terms agreement with LSR Materials, a leading European activated carbon supplier. The agreement pertains to products related to the purification and filtration of water.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:34 am

TSLA

Tesla Inc. has initiated a 'Battery Emergency Demand Response Program' in Puerto Rico, enabling Powerwall owners to support the grid and earn money. The program could potentially create the largest virtual power plant ever. The Powerwall, a Tesla-developed integrated battery system, will be dispatched to support the grid during peak demand. This move is expected to stabilize Puerto Rico's grid and reduce blackouts.

Portfolio Pulse from Anan Ashraf

November 03, 2023 | 11:25 am

GNS

Genius Group has signed a deal with Daily.ai to provide AI-powered email newsletters to GeniusU's students, partners, and subscribers. The partnership aims to enhance the learning experience by delivering personalized content.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 11:23 am

IMMP

MRK

Immutep has announced new biomarker data from the TACTI-002/KEYNOTE-798 Phase 2 trial of Eftilagimod Alpha combined with Merck's Keytruda as a first-line treatment for unresectable or metastatic non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:11 am

BHP

FLR

Fluor Corporation has been selected by BHP Canada to develop stage 2 of its multibillion-dollar Jansen Potash Project in Saskatchewan, Canada. The company expects an undisclosed reimbursable contract value in Q4.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 10:00 am

GBTC

ARK Investment Management CEO Cathie Wood has advocated for Bitcoin as a defense against deflation over the next decade. She perceives Bitcoin as 'digital gold' and forecasts its growth alongside breakthrough technologies. Wood's firm, in partnership with 21Shares, has applied for a Bitcoin ETF and has invested in the Grayscale Bitcoin Trust (GBTC), although they sold some of their GBTC holdings last month. Wood's firm previously sold GBTC units worth about $6.05 million in October 2023, as Bitcoin rallied about 14% amid hopes of regulatory approval of a spot Bitcoin ETF.

Portfolio Pulse from Mehab Qureshi

November 03, 2023 | 9:44 am

QCOM

SSNLF

Qualcomm's CEO Cristiano Amon confirmed that Samsung's upcoming Galaxy S24 will feature both Exynos and Snapdragon chips. Last year's Galaxy S23 exclusively used Qualcomm's Snapdragon 8 Gen 2 chip, but Samsung has decided to return to offering models with different chipsets. The processors used in the Galaxy S24 will be determined by region, except for the S24 Ultra which will exclusively use a Qualcomm chip.

Portfolio Pulse from Benzinga Neuro

November 03, 2023 | 8:41 am

F

GM

STLA

The recent six-week-long United Auto Workers (UAW) strike at the Stellantis assembly plant in Toledo, Ohio, had a minor impact on the local economy. The strike, which began on Sep.15, saw several thousand Toledo workers participating. A new contract was tentatively agreed upon with Stellantis, Ford Motor, and General Motors over the weekend, ending the strike. The strike resulted in assembly-line shutdowns and layoffs at parts makers.

Portfolio Pulse from Benzinga Neuro

November 03, 2023 | 6:21 am

AMK

AssetMark (NYSE:AMK) has announced a collaboration with Cheetah, a cloud-based trust accounting system, to create a seamless wealth management solution. This partnership aims to address the expanding intersection of trust services and investment services. The collaboration is part of AssetMark's growth strategy to expand into the bank trust channel.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:34 pm

MRCY

Mercury Systems, Inc. (NASDAQ:MRCY) has announced an agreement with the U.S. Navy to develop manufacturing capabilities for commercial photonics chiplets to accelerate edge processing in defense applications. The $3.9 million, 17-month agreement will allow Mercury to access photonics devices developed by Intel and Ayar Labs for the commercial sector. The technology will enable faster decision-making in next-generation radar and electronic warfare systems.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:33 pm