Streetbeat News

Partnerships

EVAX

Evaxion Biotech has announced a collaboration with Afrigen Biologics to develop a mRNA vaccine against Gonorrhea. This news has led to a rise in Evaxion's stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:05 pm

COSM

Cosmos Health Inc. (NASDAQ:COSM) has announced a strategic collaboration with C.A.PAPAELLINAS Group to distribute its proprietary brand of nutraceuticals, Sky Premium Life, in Holland & Barrett and pharmacies throughout Cyprus. This follows a successful initial agreement between Cosmos Health and Holland & Barrett, which is operated exclusively by C.A.PAPAELLINAS Group in Cyprus. The collaboration will leverage C.A.PAPAELLINAS Group's leading distribution network of pharmaceutical products in Cyprus.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:03 pm

NSC

Norfolk Southern Corporation (NYSE:NSC) and RapidSOS have announced a partnership to equip first responders with critical information for rail emergencies. The partnership aims to make it quicker and easier to access cargo and hazardous materials information, call for mutual aid, and provide ongoing training. The enhanced data from Norfolk Southern will be available to 911 centers and field responders nationwide in early 2024.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:01 pm

ORCL

UBER

Uber Technologies has partnered with Staples to offer on-demand delivery of office supplies across the U.S. The service is available through nearly 1,000 Staples locations via the Uber Eats platform. This move is part of Uber's expansion into retail, which includes specialty groceries and pet products. Uber recently collaborated with Oracle Corporation on a service called Collect and Receive, aimed at enhancing last-mile delivery. Uber's shares are currently trading lower by 0.39% to $47.41.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2023 | 3:38 pm

TXT

Textron announced a 'record-breaking' fleet agreement for the option for NetJets to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. This has led to a rise in Textron shares.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:29 pm

GNS

Genius Group Limited (AMEX:GNS) announced a joint venture partnership with Groove Digital, Inc. and Groove AI to deliver AI tools to GeniusU partners and faculty. The joint venture, Genius Groove, Inc., will create a new AI-driven SAAS platform. Shares of GNS are trading higher with more than 7.46 million shares traded in the session, compared to the stock's 100-day average of 9.617 million shares. Genius Group shares are up 19% at $1.05 at the time of publication.

Portfolio Pulse from Erica Kollmann

September 20, 2023 | 3:26 pm

GNS

Genius Group has announced a joint venture partnership with Groove Digital Inc and Groove AI to deliver artificial-intelligence powered tools to GeniusU partners and faculty. This news has led to an increase in Genius Group's share price.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 3:21 pm

CDNS

Cadence Design Systems (CDNS) has expanded its IP portfolio for the TSMC N3E process, featuring 224G-LR SerDes IP. The company has achieved significant gains in performance and power efficiency, with the 224G-LR SerDes PHY IP achieving first-pass silicon success. Multiple Cadence IP test chips have successfully taped out on the TSMC N3E process, including PCIe 6.0 and 5.0, 64G-LR Multi-Protocol PHY, LPDDR5x/5, GDDR7/6 and UCIe.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 2:47 pm

DNMR

Danimer Scientific Inc (DNMR) is expanding its collaboration with Chevron Phillips Chemical (CPChem) to explore the development and commercialization of various products using Rinnovo polymers. Rinnovo, synthesized from lactones using Danimer's proprietary Novo22 catalyst technology, can be used in the production of biodegradable alternatives to traditional plastics. DNMR shares are trading higher by 2.69% at $1.91.

Portfolio Pulse from Shivani Kumaresan

September 20, 2023 | 2:40 pm

BABA

INFY

INTC

MSFT

NVDA

QQQ

SPY

Nvidia Corp's stock traded higher on Wednesday, in line with broader indexes. Reports indicate that Microsoft Corp is reducing its orders for Nvidia's H100 AI Chips, which is viewed positively by industry sources. Huawei Technologies' HiSilicon chip design unit has begun shipping surveillance camera chips, bypassing U.S. export sanctions. Alibaba Group used Intel's newest central processors for chatbot technology. Nvidia expanded its strategic collaboration with Infosys Limited to help enterprises integrate generative AI into their businesses.

Portfolio Pulse from Anusuya Lahiri

September 20, 2023 | 2:35 pm