Streetbeat News

Partnerships

SDIG

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) announced that it mined 196 Bitcoin in September 2023, generating approximately $0.2 million in energy revenue. The company experienced an unplanned outage at its Scrubgrass power plant, affecting operations. However, it achieved an all-time-high hash rate of 3.5 exahash per second by the end of the month. Stronghold also entered into a Managed Services Agreement with Frontier Mining to optimize its data centers.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 8:35 pm

AMZN

PlayersTV, a network owned by over 50 athletes, has launched on Amazon's Prime Video and Amazon Freevee as a free ad-supported streaming television (FAST) Channel. The expansion is marked by the premiere of “Vino Talk,” a new series hosted by NBA Champion Deandre Jordan and professional softball player and sports broadcaster, AJ Andrews. The partnership with Amazon is expected to increase PlayersTV's reach and enhance its mission to highlight the human aspects of sports.

Portfolio Pulse from Javier Hasse

October 13, 2023 | 7:29 pm

GM

Unifor, the union representing General Motors (GM) workers, has unanimously voted in favor of a tentative agreement with GM. The agreement was reached between the union and GM, potentially ending labor disputes.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:22 pm

DIS

Walt Disney Co (NYSE:DIS) is partnering with TikTok to offer fans an interactive experience in honor of Disney's 100th anniversary. The four-week activation will be live in 24 regions worldwide and will feature Disney content, music, trivia, and a special Disney100 Playlist. Disney will also become a TikTok Pulse Premiere publisher, allowing advertisers to deliver ads adjacent to Disney content on TikTok's For You feed.

Portfolio Pulse from Anusuya Lahiri

October 13, 2023 | 7:21 pm

EWC

GM

Unifor General Motors Local Production and Skilled Trades Leadership have unanimously endorsed a tentative agreement. The endorsement is fully supported by production and skilled trades representatives from Locals 222, 199, 636.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 7:21 pm

DPZ

MSFT

UBER

Morgan Stanley analyst Brian Harbour reiterated an Overweight rating on Domino's Pizza Inc (DPZ) with an unchanged price target of $435. The analyst expects a return to positive same-store sales in the U.S. in 4Q. The company's partnership with Microsoft (MSFT) is expected to bring AI solutions to customer experience and operations. Uber Eats, a service by Uber Technologies (UBER), is set to expand nationally by year end, potentially impacting 2024 materially.

Portfolio Pulse from Shivani Kumaresan

October 13, 2023 | 7:11 pm

DIS

PENN

Walt Disney Co (NYSE:DIS) has entered a 10-year deal with sports-betting company PENN Entertainment, Inc (NASDAQ:PENN), introducing gambling to its ESPN sports network. This move has raised concerns about alienating Disney's core audience and tarnishing its family-friendly brand image. Despite these concerns, ESPN sees potential to engage a younger male audience and increase revenue through sports betting.

Portfolio Pulse from Anusuya Lahiri

October 13, 2023 | 5:15 pm

HOOD

Steve Quirk, the inaugural Chief Brokerage Officer of Robinhood Markets Inc (NASDAQ:HOOD), will discuss the future of trading platforms at Benzinga's Fintech Deal Day. Quirk, who has over three decades of experience in the brokerage sector, joined Robinhood in January 2022. He previously worked at TD Ameritrade for 14 years, where he oversaw the strategy and deployment of initiatives for trading on the platform.

Portfolio Pulse from Khyathi Dalal

October 13, 2023 | 5:09 pm

AMKBY

C

Ryan Rugg, head of digital assets at Citigroup Inc, is leading the charge into institutional blockchain adaptation. Citigroup recently released a report forecasting the blockchain-based tokenization market of real-world assets to reach $5 trillion by 2030. Rugg has been advocating for blockchain-driven insurance business models since 2019 and is currently testing these solutions with global shipping giant, Maersk.

Portfolio Pulse from Stjepan Kalinic

October 13, 2023 | 4:20 pm

ERJ

EVEX

Eve Holding's unit and Embraer have entered into a supply agreement. Under the agreement, Embraer will design, develop, industrialize, manufacture, test, and provide support for certification.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 3:43 pm