Streetbeat News

Partnerships

KKR

KKR, a global investment firm, is investing approximately $750m in Zenobē, a leader in transport electrification and battery storage solutions. The investment aims to accelerate the global decarbonisation of diesel fleets and provide essential grid services. Infracapital, the infrastructure equity investment arm of M&G Plc and current majority shareholder, will also invest alongside KKR, with both becoming joint majority shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:06 am

UBER

Uber has announced an expanded partnership with the National Football League (NFL). The details of the expansion were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:03 am

NSTG

NanoString Technologies, Inc. (NASDAQ:NSTG) has announced three new partnerships with Contract Research Organizations (CRO) Macrogen, Propath UK, and Sirona Dx. These partnerships will provide global biopharma customers with new access to CosMx™ SMI technology for translational drug development.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:02 am

TSEM

Tower Semiconductor (NASDAQ/TASE: TSEM) and InnoLight Technology have announced a collaboration to develop multi-generation high-speed optical transceivers based on Tower's Silicon Photonics process platform. The partnership is expected to support the growing demands of AI, datacenters, and next-generation telecom networks. The silicon photonic die market is projected to grow at 22% CAGR, reaching nearly half-a-billion dollars by 2027.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 10:01 am

KTB

Los Angeles-based fashion brand STAUD is partnering with Kontoor Brands, Inc. (NYSE:KTB) owned jeanswear brand Wrangler for a new collection. The collaboration will blend modern California denim aesthetic with an authentic Western lifestyle. The limited STAUD + Wrangler collection is available online and in STAUD stores, with prices ranging from 120 - 365 euros. In August, Kontoor Brands reported Q2 sales of $616.01 million and an adjusted EPS of $0.77, beating the consensus of $0.66.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 9:48 am

NIO

PSNY

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) and Nio Inc (NYSE:NIO) are both planning to launch smartphones. Polestar's device, developed in partnership with Xingji Meizu, will be launched in China in December. Nio's phone will be launched in late September. Both companies aim to enhance the experience for their vehicle users with these devices.

Portfolio Pulse from Anan Ashraf

September 07, 2023 | 8:34 am

CRM

Aria Systems and Salesforce have announced a strategic partnership to offer a new AI-optimized concept-to-care monetization solution. The solution aims to provide enterprises and service providers with tools to launch personalized services, expand their offerings, and automate customer journeys.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:20 am

PFE

VALN

Valneva and Pfizer have released Phase 2 booster findings for their Lyme disease vaccine candidate in pediatric and adolescent populations. The results show promising efficacy and safety profiles.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 6:39 am

MDTKF

TSM

MediaTek has successfully developed its first chip using Taiwan Semiconductor Manufacturing Company's (TSMC) advanced 3nm technology. The company plans to start mass production of the chip in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 5:29 am

NVDA

TSLA

Tesla CEO Elon Musk has reiterated the difficulty of managing data from its fleet of vehicles, stating that the company uses less than 1% of all videos for training its full self-driving (FSD) software. Tesla has access to about 160 billion frames of video from its cars every day. The company will use both NVIDIA and its own custom-built Dojo supercomputer to process the large amount of data from Tesla’s growing fleet of vehicles and train its FSD software.

Portfolio Pulse from Anan Ashraf

September 07, 2023 | 4:52 am