Streetbeat News

Partnerships

F

RIVN

TSLA

Ford Motor Company is facing regulatory scrutiny over its partnership with Chinese battery manufacturer CATL, labor negotiations that could lead to a strike, and competition in the electric vehicle market against Tesla and Rivian. The regulatory scrutiny is due to concerns that the partnership could compromise national security and increase U.S. dependence on China for electric vehicle supply chains. The labor negotiations could affect wages and benefits for thousands of workers and potentially disrupt Ford's production. Ford is also preparing to compete in the electric pickup market with its F-150 Lightning and upcoming products.

Portfolio Pulse from Mohit Manghnani

September 06, 2023 | 2:26 pm

MA

MSFT

Mastercard Inc (NYSE:MA) has signed a memorandum of understanding with Fintech Saudi to boost the fintech industry in Saudi Arabia. The agreement aims to power an inclusive digital economy and advance entrepreneurship in the country. Fintech Saudi, a joint venture by Saudi Central Bank and the Capital Market Authority, plans to support 525 fintech startups in the Kingdom by 2030.

Portfolio Pulse from Khyathi Dalal

September 06, 2023 | 2:11 pm

CMLS

Cumulus Media (NASDAQ:CMLS) has announced an expanded partnership with Emmy- and Marconi-nominated host Rich Eisen. The deal involves the Cumulus Podcast Network distributing, marketing, and monetizing all existing and forthcoming podcasts with the newly formed Rich Eisen Podcast Network. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 2:02 pm

CDTX

Cidara Therapeutics' shares are trading higher after Janssen decided to continue under its license agreement related to an influenza candidate.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 2:01 pm

PALI

Palisade Bio has entered into a licensing agreement with Giiant Pharma, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 1:59 pm

SUNL

Sunlight Financial Holdings Inc. (NYSE:SUNL) and Bodhi, a solar customer experience platform, have announced a partnership to streamline back-end operations for solar installers. The partnership will allow installers to automatically submit post-sale documents to Sunlight's portal, Orange, via Bodhi's platform, Bodhi Pro. This integration is expected to save time for installers and improve operational efficiency.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 1:22 pm

CMND

Biotech company Clearmind Medicine Inc. has announced a Clinical Trial Agreement with Johns Hopkins University School of Medicine to conduct a Phase I/IIa clinical trial of its proprietary MEAI-based CMND-100. The trial aims to evaluate the potential of CMND-100 in treating patients with Alcohol Use Disorder.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 1:21 pm

APDN

Applied DNA Sciences, Inc. (NASDAQ:APDN) has appointed Beverly Wolgast as executive director of Quality and cGMP Programs. Wolgast will oversee quality assurance, control, and regulatory compliance across the company's three business segments. She brings over 30 years of experience in the pharmaceutical and biotech industry, including her recent role as Director of CleanCap GMP Manufacturing at TriLink BioTechnologies, a division of Maravai LifeSciences, where she led the manufacture of the BioNTech/Pfizer COVID-19 vaccine.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 1:20 pm

CDIO

Cardio Diagnostics has partnered with Ascension Borgess Hospital's Heart Attack Prevention Clinic for a study on coronary artery disease. The partnership aims to leverage Cardio Diagnostics' proprietary technology to improve patient outcomes.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 1:20 pm

SBGI

TBLA

Taboola has announced a new, exclusive multi-year deal with Sinclair Broadcast Group. Sinclair will continue to use Taboola's products across its television station sites and mobile platforms to grow their audiences, optimize user engagement, and drive revenue. The agreement marks a 7-year partnership between the two companies.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 1:03 pm