Streetbeat News

Partnerships

SHAK

Shake Shack has partnered with Skip, a Canadian delivery network, to offer exclusive delivery and pickup services in Toronto. This partnership allows Torontonians to enjoy Shake Shack's menu from home, expanding Shake Shack's reach in the city.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 10:04 am

WOLF

Wolfspeed Inc. (NYSE:WOLF) saw its stock jump over 16% after signing a $750 million funding deal with the U.S. Department of Commerce under the CHIPS and Science Act. This funding, along with additional financing from a consortium, aims to boost Wolfspeed's silicon carbide production in the U.S.

Portfolio Pulse from Pooja Rajkumari

October 15, 2024 | 10:04 am

KLTO

Klotho Neurosciences, Inc. (NASDAQ:KLTO) has appointed Peter Moriarty, co-founder of Shire Pharmaceuticals, as its new Chief Operating Officer. Moriarty's extensive experience in the pharmaceutical industry is expected to aid Klotho in advancing its pipeline of cell and gene therapies for aging and age-related diseases.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 10:03 am

VSAT

Viasat, Inc. (NASDAQ:VSAT) has successfully demonstrated direct-to-device satellite connectivity in India, showcasing two-way messaging services at the India Mobile Congress. This breakthrough, in partnership with BSNL, highlights the feasibility of satellite services for consumer and IoT devices, aligning with new global mobile standards.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:47 am

SHIBUSD

Shiba Inu has announced a partnership with financial solutions company Mass to enhance the financial layer of the 'Shiba State'. This partnership aims to elevate Shiba Inu's ecosystem, coinciding with a 2.14% increase in SHIB's price and a significant burn rate jump.

Portfolio Pulse from Aniket Verma

October 15, 2024 | 7:29 am

CMCSA

NBCUniversal, a subsidiary of Comcast Corp (NASDAQ:CMCSA), is undergoing a major restructuring of its advertising team, with key leadership changes and a new strategy for sports and Olympics sales. This move aims to enhance market share and streamline operations.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 6:52 am

NFLX

SONY

SPOT

Jefferies identifies Netflix, Sony, and Bandai Namco as key beneficiaries of the booming anime industry, expected to reach $60 billion by 2030. The growth is driven by increased anime distribution on streaming platforms and licensing revenues.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 3:34 am

DJT

MSTR

NVDA

SOFI

TSLA

The stock market saw record highs for the S&P 500 and Dow Jones, while the Nasdaq 100 lagged. Nvidia rose due to Chinese support for its chips, MicroStrategy fell with Bitcoin's influence, Trump Media surged with a new service, SoFi jumped on a loan deal, and Tesla saw a modest increase amid pricing challenges.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 2:35 am

MSFT

Sebastien Bubeck, VP of GenAI research at Microsoft, is joining OpenAI amidst a series of executive departures from OpenAI. This move occurs as OpenAI seeks greater autonomy from Microsoft, despite their partnership.

Portfolio Pulse from Ananya Gairola

October 15, 2024 | 1:45 am

TSLA

XPEV

Chinese carmakers, including Xpeng and GAC, have downplayed fears of challenging European legacy manufacturers with cheaper EVs, emphasizing their long-term commitment to the European market. This comes amid EU tariffs on Chinese EVs and potential trade tensions.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 1:17 am