Streetbeat News

Partnerships

DTEGY

TMUS

T-Mobile US and Deutsche Telekom Global have completed the testing of the world's first 5G standalone roaming program with AIS and Sunrise. This marks a significant milestone in the development of 5G technology.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:43 am

VMW

The Government of Monaco has adopted a VMware Sovereign Cloud, provided by Monaco Cloud, to enhance data security and accelerate its digital services targets. This move is expected to help protect sensitive data, comply with national laws, and modernize public services. Monaco Cloud, a VMware partner, will operate the Government's sovereign cloud to support the 'Extended Monaco' program, aimed at making digital technology the foundation of all public policies and services.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:37 am

HP

TSXV:FO

Helmerich & Payne (NYSE:HP) has successfully completed drilling operations on the Amungee NW 3H well in partnership with Falcon Oil & Gas Australia Limited's joint venture partner, Tamboran. The well was drilled to a depth of 3,837 metres, intersecting the Amungee Member B-shale at a depth of 2,272 metres. Drilling took 17.9 days, 20 days faster than the previous well, with total costs of A$12.6 million. A stimulation program is planned for Q2 2024. Falcon has also appointed Tennyson Securities as joint broker alongside Cavendish Securities Plc.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:36 am

KKR

Investment firm KKR and Flerie have partnered to form a new global pharma services platform, Frontier Biosolutions. Frontier will invest in companies focused on specialized pharmaceutical services to advanced therapeutics customers. Thomas Eldered, co-founder of Recipharm and a life sciences investor at Flerie, will serve as Frontier's Executive Chairman.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:22 am

ARVN

PFE

Arvinas and Pfizer will present updated Phase 1/2 data for Vepdegestrant (ARV-471) at the 2023 European Society for Medical Oncology (ESMO) Annual Congress.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:19 am

ERJ

HON

Honeywell (HON) has successfully tested an engine using 100% sustainable aviation fuel on an Embraer (ERJ) business jet. This marks a significant step towards sustainable aviation.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:52 am

MREO

RARE

Ultragenyx and Mereo BioPharma have announced interim Phase 2 data from their Phase 2/3 Orbit study. The data shows that Setrusumab significantly reduced fracture rates in patients with Osteogenesis Imperfecta.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:41 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The burn rate of Shiba Inu (SHIB) has surged over 270% in the past 24 hours, with 48 million SHIB tokens burnt and removed from circulation. The number of SHIB addresses profiting from holding SHIB tokens has risen from 7% to 9%. In addition, tickets for the film “Taylor Swift: The Eras Tour” can now be purchased using SHIB, Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) due to a partnership between BitPay and AMC. SHIB's price has surpassed the crucial support level at $0.0000070.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 6:17 am

F

GM

Canadian workers' union Unifor ratified a new agreement with General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F). The three-year agreement includes a base hourly wage increase of up to 25% and improvements to pension plans. The agreement comes amidst the ongoing United Auto Workers (UAW) union’s strike in the U.S. which has been ongoing for a month with no end in sight.

Portfolio Pulse from Anan Ashraf

October 16, 2023 | 4:49 am

RACE

Ferrari (NYSE:RACE) has started accepting cryptocurrency as payment for its vehicles in the US, following a surge in requests from its affluent clientele. The company has partnered with BitPay, a cryptocurrency payment processor, to facilitate transactions in major cryptocurrencies. BitPay will instantly convert cryptocurrency payments into traditional currency to protect dealers from market volatility. Ferrari plans to expand crypto payments to Europe in Q1 next year. The company recently reported strong Q2 earnings.

Portfolio Pulse from Nabaparna Bhattacharya

October 14, 2023 | 6:35 pm