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Partnerships

AMC

AMZN

Amazon continues to secure rights to broadcast NFL games for the 2023 season, including the first-ever Black Friday NFL game. The company has unveiled its first slate of advertising partners for the games, including Columbia Sportswear, Bose, and Carnival Cruises. Amazon's NFL games have reported record viewership, with the first Thursday Night Football game of the season attracting 15.05 million viewers. The company's NFL broadcasts are also attracting younger viewers, with the median age of viewers being 47. Amazon's shares are down 2% to $125.96.

Portfolio Pulse from Chris Katje

October 09, 2023 | 2:54 pm

CLB

CNQ

CPE

GD

HAL

HII

KTOS

LHX

LMT

MRCY

NOC

NWLI

PTEN

WW

Several US stocks recorded gains on Monday despite the overall market trading lower. National Western Life Group's shares jumped 13.8% after announcing a merger deal with Prosperity Life Group. Defense stocks such as Northrop Grumman, General Dynamics, and Lockheed Martin surged amid the Israel-Hamas conflict. WW International, L3Harris Technologies, Kratos Defense & Security Solutions, and Huntington Ingalls Industries also saw gains. Callon Petroleum Company and Canadian Natural Resources Limited rose due to oil supply uncertainty caused by the conflict. Patterson-UTI Energy gained after Citigroup upgraded the stock, and Halliburton Company announced a strategic alliance with Core Laboratories.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 2:53 pm

INSE

Inspired Entertainment Inc (NASDAQ:INSE) has signed an agreement with the National Basketball Association (NBA) to develop virtual sports games using the NBA's archived footage. The NBA-themed offerings will allow fans to wager on teams in fast-paced matchups. The news has led to a slight increase in INSE shares.

Portfolio Pulse from Shivani Kumaresan

October 09, 2023 | 2:52 pm

CLB

HAL

Halliburton Company (HAL) and Core Laboratories Inc. (CLB) have announced a strategic alliance to expedite the delivery of comprehensive digital rock data solutions in the U.S. The collaboration aims to reduce delivery time from months to weeks, offering insights even as full petrophysical laboratory measurements are underway. In 2023, Halliburton joined Core's consortium to expedite CO2 trapping analysis, meeting the EPA's strict deadlines for carbon storage projects.

Portfolio Pulse from Akanksha Bakshi

October 09, 2023 | 1:46 pm

VLCN

Volcon ePowersports has secured a $6M factoring agreement with Prestige Capital Finance. Under this agreement, Prestige will pay Volcon 80% of the company's eligible US powersport dealer invoice values immediately, with a maximum fee per invoice of approximately 5%. The remaining 20% of the invoice amount, less fees, will be paid to the company upon collection by Prestige. The initial availability under this arrangement will be $6 million and can be increased to support future expected increased sales.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 1:07 pm

RGLD

Royal Gold, Inc. (NASDAQ:RGLD) announced that Newmont Corporation has reached a preliminary agreement with the National Union of Mine, Metal and Allied Workers of the Mexican Republic to end the strike initiated on June 7, 2023, at Minera Peñasquito. The agreement is expected to be formalized into a definitive agreement and approved by the Federal Labor Tribunal for Collective Affairs in Mexico City. This would end the strike and enable Newmont to restart operations.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 1:05 pm

PRZO

ParaZero Technologies Ltd. (NASDAQ:PRZO) and OVRL, an Australian commercial drone operator, have received the first-ever Australian authorization for drones to operate over populated areas and near people, when using ParaZero safety systems. This approval was granted by the Civil Aviation Safety Agency (CASA). The approval follows the U.S. Federal Aviation Administration (FAA) granting the Airobotics Optimus-1EX system an airworthiness Type Certification.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:51 pm

CLB

HAL

Halliburton Company (NYSE:HAL) and Core Laboratories Inc. (NYSE:CLB) have announced a strategic collaboration to compress the delivery time of comprehensive digital rock data solutions. The collaboration combines Core Lab's expertise in reservoir description and optimization technologies with Halliburton's specialization in pore-scale digital rock analysis. This will enable clients to run pore-scale simulations in parallel with physical laboratory experiments, driving the accuracy and innovation of new and existing digital rock characterization workflows.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:47 pm

GROM

Curiosity Ink Media has announced a major licensing deal with Well Played Toys for its Cats Vs Pickles brand. The deal will allow Well Played Toys to manufacture and distribute Cats Vs Pickles toys globally.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:39 pm

ALSN

Allison Transmission is partnering with B-Metro, the public transit system in Brownsville, Texas, to provide the Allison eGen Flex electric hybrid propulsion system for 35-foot GILLIG buses. The city recently received a $4.7 million grant from the Federal Transit Administration's 2023 Low or No Emission Program. The eGen Flex system's electric-only mode is activated through geofencing technology, which will enable the new buses to automatically switch into engine-off mode in pre-defined zero-emission zones.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:39 pm