Streetbeat News

Partnerships

PLTR

AI security firm CalypsoAI has partnered with Palantir Technologies Inc. (NYSE:PLTR) to use Palantir's FedStart program. CalypsoAI's security platform will be made available to government agencies through FedStart, providing an accredited environment for AI security and other application deployments. The partnership will allow for rapid adoption of CalypsoAI's solutions by a greater number of government customers.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:32 pm

FRSX

Foresight Autonomous Holdings Ltd. (FRSX) is focusing on defense, industrial vehicles, and Eye-Net Mobile initiatives in the short term. The company has signed several agreements and achieved milestones in these sectors, including a $4 million deal with Elbit Systems and a $51 million deal with SUNWAY-AI Technology. Foresight is also pursuing projects in the automotive industry, with partnerships with Hitachi Astemo and ZF Friedrichschafen. The company's Eye-Net subsidiary has partnered with SoftBank and received an order from a leading Japanese vehicle manufacturer.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:28 pm

CVAC

GSK

CureVac N.V. (NASDAQ:CVAC) has announced progress in its Phase 2 clinical vaccine development programs for COVID-19 and seasonal flu, conducted in collaboration with GSK. The COVID-19 Phase 2 study, which compares mono- and bivalent vaccine candidates against a licensed comparator COVID-19 vaccine, has been fully enrolled. The first participant has been dosed in the seasonal flu Phase 2 part of a combined Phase 1/2 study. Interim Phase 2 data for both programs are expected in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:27 pm

CLLS

PAYC

PSTV

WE

Several stocks are experiencing significant pre-market trading movements. Cellectis S.A. (CLLS) surged 152% following strategic collaboration and investment agreements with AstraZeneca. Plus Therapeutics, Inc. (PSTV) rose 11.3% after announcing third-quarter financial results and a share repurchase program. On the downside, WeWork Inc. (WE) dipped 37.3% amid reports of a planned Chapter 11 bankruptcy filing. Paycom Software, Inc. (PAYC) fell 37.1% after reporting worse-than-expected third-quarter sales results and issuing below-estimate FY23 revenue guidance.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 12:07 pm

VTVT

vTv Therapeutics Inc. (NASDAQ:VTVT) has sold all of its common stock in Reneo Pharmaceuticals for approximately $4.4 million. The proceeds will support vTv's preparations for the launch of the cadisegliatin Phase 3 program in type 1 diabetes. vTv remains eligible to receive up to $94.5 million in milestones, as well as royalties on potential sales of products under the Reneo license agreement.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 12:02 pm

GILT

Gilat Satellite Networks has secured a renewal and extension contract worth approximately $20M from a Tier-1 Mobile Network Operator (MNO) in the US. The multi-year agreement sees Gilat continuing as the end-to-end managed services provider of satellite-based cellular backhaul and emergency response for this long-term leading customer.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 11:13 am

GTBIF

Green Thumb Industries (GTBIF) has partnered with Magnolia Bakery to launch two limited-edition THC-infused chocolate bars. The products will be available at RISE Dispensaries in Illinois, Nevada, and Massachusetts from November 1st, with wider availability in these states starting the following week. This is Magnolia Bakery's first venture into the cannabis industry.

Portfolio Pulse from Nina Zdinjak

November 01, 2023 | 11:00 am

ACM

AECOM (ACM) has been chosen to provide engineering services for Metro Vancouver's Stoney Creek Trunk Sewer upgrade. The financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:56 am

HLT

Hilton Worldwide Holdings Inc. (NYSE:HLT) has partnered with Hallmark Channel to offer Christmas-themed suites at select Hilton Hotels & Resorts properties in New York, Houston, and Chicago. The suites, inspired by Hallmark's 'Countdown to Christmas' movies, are available for booking from November 7, 2023, to early January 2024. HLT shares closed higher by 0.17% at $151.53 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

November 01, 2023 | 9:30 am

AZN

CLS

Cellectis has announced a strategic collaboration and investment agreement with AstraZeneca worth $245M. The collaboration will leverage Cellectis' gene editing technologies and manufacturing capabilities to develop up to 10 novel cell & gene therapy candidate products. Cellectis will receive up to $245M in cash, with potential for additional milestones, plus tiered royalties.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 7:21 am