Streetbeat News

Partnerships

SMX

Domaine Des Massifs and SMX have formed a strategic collaboration to revolutionize traceability, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:59 pm

EVFM

Evofem Biosciences announced that Padagis will not seek FDA approval to market a generic version of Phexxi until Evofem's Phexxi patents expire. Evofem has Phexxi patent protection through 2033.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:49 pm

RIVN

TSLA

Rivian Automotive's CEO, R.J. Scaringe, is not concerned about competition from Tesla's Cybertruck, stating there's not much overlap with customers. He also mentioned that Rivian is working on its order backlog and ramping up production. Scaringe hinted at a more affordable EV lineup in the future and confirmed that Tesla vehicles can charge on Rivian's networks. Rivian's stock climbed 0.90% to $22.46 in premarket trading.

Portfolio Pulse from Shanthi Rexaline

September 27, 2023 | 12:48 pm

ORCL

Oracle Corp (NYSE:ORCL) has opened a second Oracle Cloud Region in Monterrey, Mexico, in collaboration with Teléfonos de México (TELMEX-Triara). This makes Oracle the only hyperscaler with two cloud regions in the country. The partnership aims to accelerate cloud adoption across Mexico and offers organizations access to a range of cloud services to modernize their applications and migrate mission-critical workloads from their data centers to OCI.

Portfolio Pulse from Lekha Gupta

September 27, 2023 | 12:44 pm

AIZ

Assurant, Inc. (NYSE:AIZ) has signed a multi-year contract with Edward Rose & Sons to be the preferred provider of renters insurance. Assurant's Cover360 product will be used, which allows property management companies to offer renters insurance to residents via an online portal. The product is designed to increase program participation and ancillary revenue, and reduce expenses. Cover360 will be available to Edward Rose & Sons's 158 communities comprising more than 70,000 units.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:41 pm

CRDF

DNA

PIXY

Ginkgo Bioworks announced a multi-target RNA discovery collaboration with Pfizer. ShiftPixy announced its reverse stock 1-for-24 split effective date, causing its shares to trade higher. Cardiff Oncology announced positive clinical data in pancreatic cancer and small cell lung cancer, including single-agent activity from Onvansertib monotherapy.

Portfolio Pulse from ryanfaloona@benzinga.com

September 27, 2023 | 12:40 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) will install six Level 2 chargers at Jon Henry's General Store in New Market, Virginia, as part of its commitment to the Mid-Atlantic Electrification Partnership. This move is in line with Blink's mission to reduce greenhouse gas emissions caused by transportation. The company recently reported its strongest quarterly earnings in history, with total revenues of nearly $33 million. Blink also raised its 2023 revenue target from $100 – $110 million to $110 – $120 million.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:39 pm

AAPL

GOOG

GOOGL

Apple Inc.'s Eddy Cue defended the company's $19 billion deal with Alphabet Inc.'s Google in the ongoing antitrust case against Google. Cue stated that Google Search was the best option available and there were no alternatives. However, he also expressed concerns about Google's privacy policies. The Department of Justice's line of questioning focused on Google's privacy policies and whether Apple took the Google Search deal because it was too good to pass or if Apple actually believed in the product.

Portfolio Pulse from Rounak Jain

September 27, 2023 | 12:37 pm

JPM

J.P. Morgan has been awarded a contract to provide account validation services to the U.S. government under a Financial Agency Agreement. The program will extend for a minimum of five years.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:35 pm

SHOP

Shopify Inc (NYSE:SHOP) has entered into an international alliance with B2B retail marketplace, Faire. As part of the collaboration, Shopify will become a shareholder in Faire and its Point of Sale (POS) system will be the preferred provider for Faire's independent retail community. The alliance will also see the launch of features aimed at streamlining B2B operations on both platforms.

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 12:35 pm