Streetbeat News

Partnerships

AMZN

Amazon.com Inc. (NASDAQ:AMZN) is reportedly seeking approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to introduce broadband-from-space services in India. If approved, Amazon would join key players such as Elon Musk's Starlink, Bharti Airtel-backed Oneweb, and Reliance Industries' Jio Satellite in the Indian satellite communications market. Amazon Web Services (AWS) India Private Limited announced a strategic partnership with ISRO and IN-SPACe last month to provide advanced cloud technologies to space startups, research institutions, and students.

Portfolio Pulse from Shomik Sen Bhattacharjee

October 10, 2023 | 6:39 am

FFIE

Faraday Future has announced that Chris Brown will be the next owner of the FF 91 2.0 and will also serve as the Developer Co-Creation Officer. The company is listed on NASDAQ under the ticker FFIE.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:25 am

MSFT

NVDA

Microsoft Corporation is set to unveil its first-ever AI chip at its annual developers' conference, a move aimed at reducing dependence on Nvidia and enhancing its AI capabilities. The company is also on track to finalize its $69 billion acquisition of gaming giant Activision Blizzard by October 13th, pending approval from the UK antitrust regulator.

Portfolio Pulse from Mohit Manghnani

October 09, 2023 | 10:01 pm

NFLX

PARA

WBD

The Writers Guild of America has ratified a new three-year contract with Hollywood studios, according to a union statement. The article may mention Netflix (NFLX), Paramount (PARA), and Warner Bros. (WBD).

Portfolio Pulse from Charles Gross

October 09, 2023 | 9:03 pm

EBLMY

USO

Venezuela and the United States are reportedly making progress in talks that could lead to sanctions relief for Caracas, potentially allowing an additional foreign oil company to use Venezuelan crude oil for debt repayment. The discussions, which have been ongoing in Qatar since last year, could allow PDVSA’s joint venture partners, including Maurel & Prom (OTCPK: EBLMY), to accept Venezuelan oil as debt settlement. The United States Oil Fund (NYSE:USO), which tracks the performance of the West Texas Intermediate (WTI) benchmark, rose 4% on Monday.

Portfolio Pulse from Piero Cingari

October 09, 2023 | 8:46 pm

CYRX

Be The Match BioTherapies and Cryoport have announced a partnership to accelerate the development of cell and gene therapies. The partnership will provide access to standardized and optimized apheresis collection, cryopreservation and bioprocessing processes throughout the U.S. and Europe.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:08 pm

LXRX

Lexicon Pharmaceuticals' heart failure treatment, INPEFA, has been approved by the FDA and will be listed as a preferred product on Express Scripts' Medicare national formularies from November 1, 2023. This will provide access to INPEFA for Express Scripts Medicare patients who meet the parameters of INPEFA's FDA-approved indication.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:03 pm

CRWD

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are trading higher, setting a new 52-week high at $185.25. The conflict between Israel and Hamas has increased the possibility of cyberattacks, leading to heightened investor interest in CrowdStrike. The company's stock is trading well above its 50-day moving average of $158.68. CrowdStrike, in partnership with Amazon Web Services (AWS), has announced the creation of the AWS & CrowdStrike Cybersecurity Startup Accelerator for EMEA-based startups.

Portfolio Pulse from Erica Kollmann

October 09, 2023 | 5:06 pm

NMR

Digital asset custody service provider Komainu has received approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider. This aligns with the Money Laundering, Terrorist Financing and Transfer of Funds regulations from 2017. Komainu, a collaborative venture between Nomura Holdings Inc, CoinShares, and Ledger, has been regulated by the Jersey Financial Services Commission since November 2019 and recently acquired a VASP license from the Dubai Virtual Assets Regulatory Authority.

Portfolio Pulse from Murtuza Merchant

October 09, 2023 | 4:18 pm

MAT

Mattel, Inc. (NASDAQ:MAT) and Off-White™ have announced a partnership to create a capsule collection of four original Monster High dolls dressed in Off-White™ runway ensembles. The collaboration is a fusion of Off-White™'s disruption of fashion norms and Monster High's celebration of individuality. The limited-edition collection includes four dolls with unique personalities and a musical punk twist. The dolls will be first introduced in Off-White™ flagship locations in Miami, New York City, Las Vegas, Paris and Milan on October 11th, and will be available on MattelCreations.com and Off-White.com from October 13th.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 4:01 pm