Streetbeat News

Partnerships

PLTR

Palantir Technologies (NYSE:PLTR) announced a partnership with Gemelli Generator Real World Data, where Gemelli will use Palantir Foundry to manage its complex healthcare data. Palantir also announced its next AIPCon customer conference for its Artificial Intelligence Platform, to be held on Sept. 14. The company's shares are slightly lower on Friday, down 0.51% at $15.14.

Portfolio Pulse from Erica Kollmann

September 08, 2023 | 7:37 pm

CHTR

CMCSA

DIS

FUBO

GOOG

Benchmark analyst Matthew Harrigan reiterated a Buy rating for Charter Communications Inc (NASDAQ:CHTR) with a $575 price target. The current stock price reflects the uncertainty surrounding the programming dispute and carriage blackout with Walt Disney Co (NYSE:DIS). Harrigan suggests a combination of Charter and Disney could allow for skinny bundles without sports and include AVOD services in the overall bundle. The dispute could benefit virtual MVPDs, including Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV, Hulu+ Live TV controlled by Disney with Comcast Corp (NASDAQ: CMCSA) negotiating an accelerated and favorable exit, and FuboTV Inc (NYSE: FUBO).

Portfolio Pulse from Anusuya Lahiri

September 08, 2023 | 7:21 pm

ETHUSD

SHIBUSD

Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), has highlighted the potential of their platform, Shibarium, in the intersection of virtual communities and real-world businesses. The Shiba Inu Ecosystem has been pushing this synergy, particularly since Shibarium's launch two weeks ago. The ecosystem has also ventured into the real business world with a partnership with Italian restaurant franchise Welly. Kusama envisions a transformative role for blockchain in the food industry.

Portfolio Pulse from Murtuza Merchant

September 08, 2023 | 6:58 pm

LCID

TSLA

RBC Capital Markets analyst Tom Narayan initiated coverage on Lucid Group Inc (LCID) with a Sector Perform rating and a price target of $6. Despite Lucid's technology being more efficient than Tesla (TSLA) and other OEMs, the analyst notes low brand awareness and modest demand acceleration. Lucid's strategic partnership with Aston Martin is seen as a potential for future licensing deals. The analyst estimates revenue and adjusted EBITDA loss for FY23, FY24, and FY25.

Portfolio Pulse from Lekha Gupta

September 08, 2023 | 6:31 pm

BIOC

HOFT

The article lists the stocks that have gained and lost the most in Friday's mid-day session. Among the gainers, Biocept, Inc. (BIOC) shares jumped 97.6% after announcing a non-exclusive licensing agreement for CNSide with Plus Therapeutics. Among the losers, Hooker Furnishings Corporation (HOFT) fell 15% after reporting worse-than-expected results.

Portfolio Pulse from Lisa Levin

September 08, 2023 | 5:56 pm

CMCSA

DISH

Hearst has removed 37 local channels from Dish TV, affecting customers in 27 markets. This action has resulted in a channel blackout for Dish TV customers.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:55 pm

META

RBLX

SONY

Roblox Corporation announced that it will introduce a voice calling tool and a generative AI world-building chatbot by the end of the year. Additionally, the Roblox app will be fully available on Meta Quest devices in September and will launch on PlayStation consoles in October.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:51 pm

VERB

Verb Technology's shares are experiencing increased volatility following the announcement of a technology integration with TikTok.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:44 pm

META

RBLX

SONY

Roblox Corporation announced via Twitter that its platform, which currently has over 65 million daily users, will soon be accessible on Meta Quest and Playstation. This expansion is expected to increase the platform's user base.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 5:37 pm

MA

TEF

Web3 technology companies Bit2Me and droppGroup have formed a strategic partnership to advance the global Web3 ecosystem. Bit2Me, backed by Telefónica (NYSE:TEF), Investcorp, Stratminds VC, Emurgo and Inveready Venture Capital, will enhance its business solutions portfolio through this collaboration. The partnership also includes the creation of a tokenized network and rewards program. Bit2Me will oversee the issuance of droppGroup’s proprietary crypto token, which will be used to access droppGroup's services and drive its Web3 reward system.

Portfolio Pulse from Javier Hasse

September 08, 2023 | 5:24 pm