Streetbeat News

Partnerships

CHTR

CMCSA

Charter Communications (CHTR) and Disney are in a programming dispute and carriage blackout, with the outcome potentially setting a template for other MVPDs and programmers. The dispute involves Disney's streaming-centric DTC approach versus linear with decades-long subsidization of ESPN by subscribers who do not watch sports. An agreement could involve Disney bundling AVOD offerings with linear networks with Spectrum marketing for SVOD products. CHTR shares traded lower by 1.98% at $413.96 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 6:04 pm

MRK

PRTG

Portage Biotech has announced a collaboration with Merck to evaluate its adenosine antagonists in combination with KEYTRUDA, leading to a rise in Portage Biotech's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 5:22 pm

WMG

Warner Music Group (NASDAQ:WMG) has announced a joint venture with 10K Projects, a Los Angeles-based label founded by Elliot Grainge. 10K Projects will become a standalone label within the WMG ecosystem, benefiting from WMG's investment, expertise, and global infrastructure. The label is home to several chart-topping artists and has been behind over 30 platinum-certified hits. Elliot Grainge will remain CEO of 10K Projects and join WMG's global leadership team.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 5:06 pm

BA

Boeing (NYSE:BA) and Aviation Capital Group LLC (ACG) have finalized an order for 13 737 MAX jets, increasing ACG's order book to 47 737 MAXs. The order includes seven 737-8 and six 737-10 jets. The 737 MAX family offers enhanced efficiency and route flexibility for short- and medium-haul air travel. Each 737 MAX saves up to eight million pounds of CO2 emissions annually compared to the airplanes it replaces.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 5:03 pm

GOOG

GOOGL

VZ

Verizon Communications Inc (VZ) and the National Football League (NFL) have partnered to offer a 40% discount on an NFL+ Premium annual subscription through +play. This offer is in addition to Verizon's exclusive 'on us' offer for NFL Sunday Ticket from Alphabet Inc's (GOOG, GOOGL) YouTube and YouTube TV. VZ shares traded lower by 1.17% at $34.46 on the last check Tuesday.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 5:00 pm

VZ

Verizon and the NFL have launched a limited-time offer for customers to save 40% on an NFL+ Premium annual subscription through +play. The offer includes access to live local and primetime games, NFL RedZone, NFL Network, game replays and more for $59.99. This promotion is in addition to Verizon's exclusive offer for NFL Sunday Ticket from YouTube and YouTube TV. The offers are part of Verizon's deepening relationship with the NFL and its strategy to bring extra value to customers.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 4:22 pm

INTC

TSEM

Intel Corp (NASDAQ:INTC) stock is trading higher after it agreed to provide foundry services and 300mm manufacturing capacity to Tower Semiconductor Ltd (NASDAQ:TSEM). Tower will utilize Intel's advanced manufacturing facility in New Mexico and invest up to $300 million to acquire and own equipment and other fixed assets installed in the facility. Intel will manufacture Tower's highly differentiated 65-nanometer power management BCD flows at Intel's Fab 11X in Rio Rancho, New Mexico.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 4:13 pm

STLA

Stellantis NV (NYSE:STLA) has partnered with Saudi Arabia's Aramco to achieve lower-carbon energy solutions for vehicles. The companies found that 24 engine families in European vehicles produced since 2014 are compatible with advanced drop-in eFuel without any powertrain modification. Stellantis aims to become a carbon net zero corporation by 2038 and estimates that using low-carbon eFuels in up to 28 million of its European vehicles can reduce up to 400 million tons of CO2 in Europe in 2025-2050.

Portfolio Pulse from Lekha Gupta

September 05, 2023 | 4:12 pm

RBLX

Roblox Corporation (RBLX) has announced advancements in its generative AI research projects, ControlNet and StarCoder. ControlNet is an open-source neural network that enhances image generation models for more precise outputs. StarCoder is an open-source large language model for code generation. Both projects aim to provide more powerful tools for creators and indicate advances in AI control for various applications. The company believes these advancements could significantly impact the future of Roblox and the field as a whole.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 4:12 pm

BNTX

GRTS

MRK

MRNA

MYNZ

PFE

The European Commission has authorized a third version of the COVID-19 vaccine from Pfizer and BioNTech for use in EU countries. Pfizer has also developed a blood cancer therapy, Elrexfio, approved by the FDA. Moderna and Merck are conducting a late-stage study of a skin-cancer treatment that includes a personalized mRNA-based skin cancer vaccine. Mainz Biomed has announced a strategic partnership with Ärztliches Labor Dr. Buhlmann to strengthen its market positioning. Its product, ColoAlert®, is an early-detection diagnostic test for colorectal cancer.

Portfolio Pulse from Upwallstreet

September 05, 2023 | 4:06 pm