Streetbeat News

Partnerships

MA

V

Mastercard (NYSE:MA) is partnering with Ripple, Consensys, Fluency, and Fireblocks to support central banks with their central bank digital currency (CBDC) programs. The company aims to make CBDCs as easy to use as other forms of money. A recent survey indicated that 93% of banks are considering a potential CBDC, with 60% stating that stablecoins have increased their work on CBDCs. Meanwhile, Visa (NYSE:V) has developed a programmable finance platform for supporting Brazilian farmers and initiated a CBDC pilot project in Brazil.

Portfolio Pulse from Khyathi Dalal

September 11, 2023 | 1:42 pm

ADBE

DOCU

MSFT

DocuSign Inc (NASDAQ:DOCU) has raised its full-year sales guidance to between $2.73 billion and $2.74 billion, up from the previous range of $2.71 billion to $2.73 billion, despite warnings of macroeconomic challenges. The company's Q2 report showed an 11% YoY increase in revenue to $687.7 million and adjusted earnings per share of 72 cents. However, shares slumped due to warnings of narrower near-term margins. The company's partnership with Microsoft Corporation (NASDAQ:MSFT) has been expanded, with Microsoft agreeing to use DocuSign’s offerings in its contract management workflows. Adobe Systems (NASDAQ:ADBE) stock rose 1% after an upgrade from Mizuho Securities.

Portfolio Pulse from Upwallstreet

September 11, 2023 | 1:42 pm

DSX

Diana Shipping has announced time charter contracts for M/V Newport News with NYK Line and M/V Ismene with Paralos Shipping. The gross charger rate is $20K/day with a 5% commission until March 10, 2025, with a maximum extension until June 10, 2025.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:30 pm

ENOV

Breakthrough and Enovis Corporation have announced an official partnership. The partnership will allow conservative care private practice owners to use Breakthrough's marketing campaigns to promote Enovis' innovative therapeutic technologies directly to patients.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:21 pm

LMT

Lockheed Martin's Skunk Works and the University of Iowa have demonstrated an artificial intelligence-commanded mission. The collaboration aims to advance the use of AI in military operations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:19 pm

AAPL

AMD

INTC

NVDA

QQQ

SPY

Nvidia Corp's stock is trading higher, in line with broader indexes. The company has introduced new TensorRT software for Large Language Models (LLMs) that can boost performance and efficiency for inference processing across all Nvidia GPUs. Nvidia's CEO hinted at India becoming the chip designer's largest AI exporter, with plans to upskill every engineer in the organization. The company's dominance in AI chips has impacted venture funding for potential rivals. Advanced Micro Devices and Intel Corp are developing rival products to compete with Nvidia. In related news, Qualcomm's stock soared after it secured a deal with Apple Inc.

Portfolio Pulse from Anusuya Lahiri

September 11, 2023 | 1:16 pm

EGIO

Edgio, Accedo, Bitmovin, Grabyo, and Vimond have announced a strategic partnership to address the growing need for delivering OTT video. The partnership aims to simplify and manage complex media workflows.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:14 pm

HRYU

Hanryu has partnered with women's apparel brand, Papaya, to market FANTOO-branded products in the US.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:12 pm

PTPI

Petros Pharmaceuticals is shifting its focus from commercializing prescription STENDRA to developing a non-prescription or over-the-counter access for the product. The company is using new FDA rules to bring mature Rx products to the market without a prescription. Petros is also exploring potential partnerships to develop technology for safety and is gathering a team to ensure compliance with FDA regulations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 1:08 pm

BGNE

BeiGene is reportedly collaborating with Luye to commercialize a breast cancer treatment in China, which has led to an increase in BeiGene's share prices.

Portfolio Pulse from Luke J Jacobi

September 11, 2023 | 12:56 pm