Streetbeat News

Partnerships

ERJ

Nigeria-based Air Peace has placed a firm order for five Embraer SA (NYSE:ERJ) E175 aircraft, valued at $288.3 million. Deliveries will start in 2024. This aligns with Air Peace's strategy of modernizing its fleet and becoming the operator of Africa's largest and youngest aircraft fleet. Embraer is committed to supporting the establishment of local maintenance capabilities in Nigeria.

Portfolio Pulse from Shivani Kumaresan

September 15, 2023 | 9:09 am

MSFT

ORCL

Oracle (NYSE:ORCL) and Microsoft Corporation (NASDAQ:MSFT) have announced a historic collaboration to expand their cloud offerings. The partnership centers around Oracle’s Exadata hardware, which will be housed in Microsoft’s Azure data centers. This collaboration aims to simplify the cloud computing landscape for organizations, allowing them to store data using Oracle’s database software via Azure. Both companies will continue to compete for customers in the cloud-based infrastructure space.

Portfolio Pulse from Ananya Gairola

September 15, 2023 | 8:37 am

TSLA

Tesla Inc has marked its 50,000th supercharger with a special red paint, located in Roseville, California. The company started its supercharging network in 2012 and has scaled it to 50,000 in 11 years. Several automakers, including Honda, Ford, General Motors, Mercedes-Benz, Rivian, and Polestar, have announced collaborations with Tesla to access its supercharger network.

Portfolio Pulse from Anan Ashraf

September 15, 2023 | 7:48 am

UBER

Deliverect, a food delivery software company, has partnered with Uber Direct to help restaurants improve and expand their delivery operations. This partnership will allow restaurants to manage orders from various delivery platforms in one place, potentially increasing efficiency and reducing errors.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:39 am

BTCUSD

DB

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a surge following Deutsche Bank's partnership with Taurus for crypto custody services. Deutsche Bank has submitted an application for a crypto custody license to Germany's financial watchdog, BaFin. The global crypto market capitalization stands at $1.04 trillion, a 0.87% increase in the last day. The S&P 500 and the Nasdaq Composite also showed solid increases. Analysts suggest that Bitcoin may experience a bullish breakout but caution against a retest of the lows.

Portfolio Pulse from Mehab Qureshi

September 15, 2023 | 3:56 am

SPCE

Richard Branson, founder of Virgin Galactic Holdings Inc. (NYSE:SPCE), is supporting ProjectCETI, a research initiative that aims to use AI to communicate with whales. The project plans to transform Dominica's west coast into a whale-recording studio, capturing whale codas to train machine-learning algorithms. The goal is to create an AI model, dubbed 'ClickGPT', that can generate sequences of codas that whales would find convincing.

Portfolio Pulse from Ananya Gairola

September 15, 2023 | 2:43 am

ITA

SPCE

U.S. Secretary of the Air Force Frank Kendall confirmed that the Pentagon has established a contract with SpaceX to deliver Starlink services in Ukraine. This follows a controversy last year when SpaceX CEO Elon Musk decided to withhold Starlink satellite service from Ukraine during an attack on Russian forces. The situation reignited debates regarding the U.S. government’s dependence on SpaceX for national security matters. The iShares U.S. Aerospace & Defense ETF (NYSE:ITA) rose 0.5% on Thursday.

Portfolio Pulse from Piero Cingari

September 14, 2023 | 9:07 pm

NEARUSD

USDCUSD

Circle, the issuer of USD Coin (USDC), has introduced native stablecoin liquidity access on the NEAR Protocol ecosystem. This follows Coinbase's recent purchase of a stake in Circle to reshape the governance and financial dynamics of USDC. Circle's expansion of partnerships and integrations includes a recent partnership with Mercado Libre to introduce USDC to Mercado Pago, and the launch of a native version of USDC on Coinbase’s Layer 2 Base network.

Portfolio Pulse from Khyathi Dalal

September 14, 2023 | 8:51 pm

ROK

Rockwell Automation and Infinitum have entered into an exclusive agreement to jointly develop and distribute a new class of integrated low voltage drive and motor technology. The products will be available in late 2024 exclusively through Rockwell and its partners.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:45 pm

NRXP

NRx Pharmaceuticals has entered into an agreement with LifeSci Associates to provide financial services and support. This has led to an increase in NRx Pharmaceuticals' share prices.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:25 pm