Streetbeat News

Partnerships

PNC

SJT

San Juan Basin Royalty Trust (SJT) has announced that PNC Bank, National Association has signed an agreement of conditional resignation with Argent Trust Company.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:10 pm

PCOR

Bespoke Metrics has announced the integration of its prequalification system with the Procore platform, aiming to streamline the preconstruction phase. The integration is expected to enhance the bidding process, making it easier for general contractors to find and hire prequalified specialty contractors. Procore Technologies, Inc. is a leading global provider of construction management software.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:05 pm

ALB

Albemarle Corporation has received a $90 million award from the U.S. Department of Defense to boost U.S. lithium production. The funding will support the restart of the company's Kings Mountain mine in North Carolina and increase domestic processing of critical materials for the nation's battery supply chain.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:59 pm

CNVS

Cineverse (NASDAQ:CNVS) has formed a strategic partnership with MEDIAGENIX to address a need within the rapidly growing FAST ecosystem. The partnership will allow channel operators to launch and operate a FAST channel more efficiently. Matchpoint MGX, an extension of Cineverse's propriety streaming technology solution, is expected to stream higher volumes of content to broader audiences at significant cost savings.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:36 pm

BA

RTX

RTX has delivered its first B-52 radar, based on AESA technologies, to Boeing. The radar is developed from RTX's pioneering AN/APG-79 radar.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:29 pm

BNS

JPM

Scotiabank and J.P. Morgan Chase have partnered to offer banking and merchant service solutions. The collaboration aims to provide merchant clients with a secure and reliable payments platform.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:24 pm

GMAB

Traverse Biotech has signed a license agreement with Genmab to develop and commercialize a bispecific antibody for cancer immunotherapy. The antibody was created using Genmab's proprietary DuoBody bispecific antibody technology platform. Traverse will use its operational and development expertise to advance and commercialize the bispecific antibody program.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:22 pm

TYL

Tyler Technologies has been contracted to provide electronic vehicle titling and liens for the state of Kentucky. The system is expected to reduce costs, improve efficiency, nearly eliminate fraud, and have environmental benefits by eliminating the use of over 15 million pieces of paper annually.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:20 pm

AMZN

MSFT

ORCL

TSLA

Oracle Corporation's fiscal first quarter revenue and guidance fell short of expectations, causing shares to drop 9% in extended trading. Despite being smaller than competitors Amazon, Microsoft, and Google, Oracle announced contracts with AI development companies. Oracle's cloud infrastructure revenue grew 66%, and the company signed contracts with AI companies for more than $4 billion of capacity in its Gen2 Cloud. Tesla's AI startup, xAI, will be using Oracle's cloud services.

Portfolio Pulse from Upwallstreet

September 12, 2023 | 1:17 pm

FSLR

Longroad Energy has extended its agreement with First Solar and increased its orders by 2 GW. The advanced thin film solar modules are expected to be delivered between 2027 and 2029.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:10 pm