Streetbeat News

Partnerships

RIO

Rio Tinto PLC (NYSE:RIO) reported a 1% decrease in Q3 FY23 Pilbara iron ore production to 83.5 million tonnes (Mt), while shipments increased by 1% to 83.9 Mt. The company expects full-year shipments to be in the upper half of the guidance range of 320 to 335 million tonnes. Bauxite production rose 2% to 13.9 Mt and aluminium production increased 9% to 0.8 million tonnes. The company also announced agreements to take a leading position in recycled aluminium in North America and a joint venture with Codelco for copper exploration in Chile. RIO shares are trading lower by 1.28% at $63.32 premarket.

Portfolio Pulse from Lekha Gupta

October 17, 2023 | 10:51 am

AAPL

DIS

NFLX

Apple Inc. is reportedly in the running to host Taylor Swift’s “Eras Tour” film on its streaming service, Apple TV+, competing with Netflix Inc. and Walt Disney Co’s Disney+ for exclusive rights. The film had a successful opening weekend at AMC Theaters, with ticket sales surpassing $95 million. Apple's history with Swift and its extensive background in video streaming and music through Apple Music could give it an advantage over its competitors.

Portfolio Pulse from Ananya Gairola

October 17, 2023 | 10:39 am

LFCR

SHL Medical has entered into a non-exclusive co-marketing partnership agreement with Lifecore Biomedical.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:34 am

HPE

Hewlett Packard Enterprise (HPE) has built a new AI supercomputer, Austral, for CRIANN, a high-performance computing and AI data center in Normandy, France. The supercomputer will aid in accelerating scientific discovery and innovation in various fields such as climate modeling, biotechnology, healthcare, and materials science. The project is part of France's national AI strategy and is co-funded by the Normandy Region, the French State, and the European Union.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:03 am

HUIZ

Huize Holding Limited (HUIZ) has partnered with Hongkang Life to launch a new retirement annuity insurance product called 'Jin Man Yi Zu No.5'. The product is customized to cater to the retirement needs of the Chinese population.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:02 am

MQ

Marqeta has partnered with Scalapay, Southern Europe's leading Buy Now Pay Later (BNPL) provider, to deliver BNPL services across Europe.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:07 am

DZSI

ORAN

DZS (NASDAQ:DZSI) has announced the successful completion of the first phases of a live pilot solution deployment of its flagship Velocity fiber access portfolio within Orange's (ORAN) production network in Poland. Orange is the largest Fiber To The Home (FTTH) service provider in Europe.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:06 am

JNPR

PayNet, Malaysia's national payments network and central infrastructure provider, has chosen Juniper Networks' AI-driven campus solutions to enhance the country's payment infrastructure. The move is aimed at ensuring seamless and secure transactions for Malaysia's digital economy.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 7:07 am

ATVI

Court documents reveal that U.S. gun manufacturer Remington Arms and its parent company Freedom Group covertly arranged to feature their firearms in video games like 'Call of Duty' to target younger audiences. In 2009, a confidential agreement was signed with Activision Blizzard (NASDAQ:ATVI) to introduce Remington's Adaptive Combat Rifle (ACR) in 'Call of Duty: Modern Warfare 2'. The documents were procured from a lawsuit filed by the Sandy Hook Elementary School massacre victims’ parents in 2012.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 2:02 am

MRO

Marathon Oil has entered into a five-year firm LNG sales agreement with Glencore Energy UK. The agreement pertains to a portion of Marathon Oil's equity natural gas produced from the Alba Field in Equatorial Guinea, and will be effective from January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:06 pm