Streetbeat News

Partnerships

BAC

CRH

CRH, a leading building materials group, has announced a $1B tranche as part of its ongoing $3B share buyback program. The company has partnered with Bank of America for this transaction.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 6:53 am

FOUR

Shift4 has announced a collaboration with Give Lively to provide a robust fundraising solution for nonprofit organizations.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 6:26 am

INTC

Intel has partnered with Ohio colleges to address the shortage of workforce in the semiconductor industry. The partnership aims to develop a skilled workforce to meet the growing demand in the semiconductor sector.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 6:22 am

F

GM

STLA

Canada's Unifor union has ratified a new three-year agreement with Ford of Canada, which includes a base hourly wage increase of up to 25%, improvements to pension plans, and other benefits. Meanwhile, negotiations with the United Auto Workers union in the U.S. continue. Unifor is also in negotiations with General Motors and Stellantis.

Portfolio Pulse from Anan Ashraf

September 25, 2023 | 4:58 am

COIN

ETHUSD

Blockchain startup a41 recently held its 'All for Staking' event as part of Korea Blockchain Week 2023. The event focused on the future of blockchain and cryptocurrency staking, attracting participants from Coinbase, Mantle, Metamask, and Polygon. Discussions ranged from upcoming enhancements in Ethereum to ethical dilemmas surrounding block validators. a41 CEO John Park expressed optimism that insights from the event would advance blockchain infrastructure technology and investment realms.

Portfolio Pulse from Bibhu Pattnaik

September 24, 2023 | 9:41 pm

META

Paul Austin, a trainer of psychedelics microdosing practitioners, discussed his collaboration with Lauren Mugglebee, a former Meta employee, in coaching high-end tech and corporate clients in Silicon Valley. Austin emphasized the importance of responsible microdosing, highlighting the risks and challenges, including the potential for psychological dependence and contraindications with certain psychiatric medications.

Portfolio Pulse from Lara Goldstein

September 24, 2023 | 9:20 pm

PLTR

Palantir Technologies CEO, Alex Karp, has expressed mixed views on the company's continued use of SpaceX's Starlink service, despite Elon Musk's perceived pro-Putin stance. Palantir has been providing software and services to Ukraine in its conflict with Russia. Karp stated that he would use the best products available to help allies and hurt adversaries, regardless of personal disagreements. Musk has responded to the comments, denying the accusations and stating his support for Ukraine.

Portfolio Pulse from Shanthi Rexaline

September 23, 2023 | 4:33 pm

LCID

Lucid Group Inc. (NASDAQ:LCID) has received an operating license to start car production in Saudi Arabia's Special Economic Zone of King Abdullah Economic City. The company plans to start deliveries from the initial facility in the third quarter. Lucid has a purchase agreement with the Saudi government to sell up to 100,000 vehicles over the next 10 years, including vehicles built and assembled at the company’s existing Arizona factory.

Portfolio Pulse from Anan Ashraf

September 23, 2023 | 8:44 am

CRLBF

LFLY

MAPS

TRUFF

The cannabis and psychedelics industry is rapidly evolving with companies introducing innovative products and expanding into new markets. WM Technology, Inc. (NASDAQ:MAPS), Leafly Holdings Inc. (NASDAQ:LFLY), Cresco Labs Inc (OTCQX:CRLBF), and Red Light Holland Corp (OTCQB:TRUFF) are among the companies leading the way. Cresco Labs has launched its FloraCal and Cresco Brands into Florida's cannabis market. The People's Ecosystem has introduced Toci Treats powered by Unlokt technology for release in New Mexico. Entourage Phytolab has launched the Entourage Hemp Extract Liquid Fusionner, and Red Light Holland Corp has partnered with Mistercap LLC to launch organic mushroom grow kits in the US and Canada.

Portfolio Pulse from Joana Scopel

September 22, 2023 | 11:37 pm

GIA

GigCapital5, Inc. (NASDAQ:GIA) has confirmed that it is considering Non-Redemption Agreements with non-affiliate stockholders of GigCapital5 common stock. This is in line with the Settlement Agreement that GigCapital5, QT Imaging, Inc., and the John C. Klock, Jr. and Cynthia L. Klock Trust entered into on September 21, 2023. QT Imaging plans to issue shares of its common stock that will convert into GigCapital5 Shares prior to the closing of the Business Combination.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:49 pm