Streetbeat News

Partnerships

BLK

MSFT

MSTR

Michael Saylor humorously suggested to Microsoft CEO Satya Nadella that he could help with Microsoft's Bitcoin strategy, as the company considers a Bitcoin investment. MicroStrategy has outperformed Microsoft due to its Bitcoin holdings, and BlackRock has shown confidence in Bitcoin by offering a Bitcoin ETF.

Portfolio Pulse from Khyathi Dalal

October 25, 2024 | 6:04 pm

BYON

W

Beyond, Inc. (NYSE:BYON) faces challenges with declining orders and cash concerns, leading BofA Securities to downgrade its stock. The company struggles with brand relaunches and partnerships, while reducing marketing spend impacts customer affinity. Despite cost-cutting efforts, revenue declines persist.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 5:48 pm

LTBR

NNE

OKLO

Nuclear-linked stocks are experiencing a rise in share prices due to increased optimism in the sector. This follows recent announcements by Amazon Web Services and Google regarding their investments in nuclear energy to power data centers.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 5:11 pm

DAL

JETS

LUV

UAL

The U.S. Global Jets ETF (JETS) has surged 51.65% over the past year, driven by strong performances from top holdings like Delta Air Lines (DAL) and Southwest Airlines (LUV). The ETF recently formed a Golden Cross, indicating a bullish trend. United Airlines (UAL) also contributed with strong earnings, while Delta faces challenges from a costly tech outage, and Southwest deals with Boeing delivery concerns.

Portfolio Pulse from Surbhi Jain

October 25, 2024 | 4:54 pm

BKV

Truist Securities analyst Bertrand Donnes initiated coverage on BKV Corporation (NYSE:BKV) with a Buy rating and a $24 price target. BKV's integrated operations and partnership with Banpu Power offer growth prospects, despite current undervaluation. The analyst highlights BKV's 'closed-loop' system and potential in the CCUS and Power segments.

Portfolio Pulse from Lekha Gupta

October 25, 2024 | 4:40 pm

CRWD

CrowdStrike and Carahsoft had an agreement to sell software to the IRS, but the IRS did not purchase it. Despite this, Carahsoft is still paying CrowdStrike.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 4:40 pm

MNPR

Monopar Therapeutics shares are trading lower after a volatile session following an agreement with Alexion, AstraZeneca Rare Disease for a worldwide license to ALXN-1840, a drug for Wilson disease. Despite successful Phase 3 trials, Alexion had previously terminated the program. Monopar will handle further development and commercialization, with financial terms including upfront payments and royalties.

Portfolio Pulse from Dylan Berman

October 25, 2024 | 4:08 pm

AEM

ASTS

QS

SOFI

VICI

Benzinga's Stock Whisper Index highlights five stocks that are gaining attention: SoFi Technologies, AST SpaceMobile, QuantumScape Corporation, Agnico Eagle Mines, and VICI Properties. These stocks are being monitored for their recent developments and potential growth.

Portfolio Pulse from Chris Katje

October 25, 2024 | 3:32 pm

META

TRI

Meta has entered a multi-year agreement with Reuters to use its news content for real-time answers in its AI chatbot. This marks Meta's first news deal in the AI era, allowing users to access Reuters' news through Meta's platforms. The partnership highlights Meta's shift in news content strategy amid regulatory scrutiny.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 2:47 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) has received USDA grants to support organic certification, boosting its stock price by 17.3%. The funding will aid in R&D for new organic products, aligning with the company's sustainable mission. Edible Garden also expanded its partnership with Walmart.

Portfolio Pulse from Lekha Gupta

October 25, 2024 | 1:56 pm