Streetbeat News

Partnerships

AMZN

EVGO

EVgo Inc. (NASDAQ:EVGO), a major public fast charging network for electric vehicles, has announced a partnership with Amazon to launch an Alexa-enabled EV charging experience. This will allow drivers with Alexa-enabled vehicles and accessories to find and navigate to nearby EV charging stations.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 11:03 am

GPRO

GoPro, Inc. (NASDAQ:GPRO) has announced a multi-year partnership with MotoGP, making it the official wearable action camera of MotoGP from 2023 onwards. This partnership combines the world's most versatile camera with the world's most exciting sport.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:18 am

GSAT

Globalstar has entered into Launch Services Agreements with SpaceX for the launch of the first set of satellites it is acquiring. The launch window is set for 2025 and will require Globalstar to make periodic payments totaling $64 million between now and the completion of the launch.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:08 am

QH

Quhuo Limited (QH) is exploring potential partnerships to collectively advance the electric vehicle sector.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:08 am

GSAT

Globalstar has entered into a Launch Services Agreement with SpaceX, according to a recent filing. The agreement was made on August 28, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:06 am

TSEM

Tower Semiconductor (NASDAQ/TASE: TSEM) and TriEye have announced the release of a breakthrough Short-Wave Infrared (SWIR) sensor for the automotive ADAS and industrial markets. The new sensor utilizes Tower's advanced BSI Germanium photo-diodes on silicon. The short-wave infrared sensor market is expected to grow at 44% CAGR reaching $2.9B by 2028, according to Yole Group.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 10:05 am

TWST

Twist Bioscience Corporation (NASDAQ:TWST) has entered into a drug discovery agreement with Ono Pharmaceutical Co., Ltd. to discover and develop novel antibodies for the treatment of autoimmune diseases. Twist will use its Biopharma Solutions Library of Libraries for research and will receive research fees, success-based clinical and regulatory milestones, and royalties on product sales. Ono will be responsible for the development, manufacturing, and commercialization of any products resulting from the collaboration.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 7:40 am

AMZN

SHOP

Amazon has announced an app integration that will allow merchants to enable the 'Buy with Prime' feature on Shopify stores. This move is expected to enhance the shopping experience for Amazon Prime members and could potentially increase sales for Shopify merchants.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 5:22 am

NVDA

TSLA

Tesla CEO Elon Musk has stated that the training compute will soon not be a limiting factor for the company's Full Self-Driving (FSD) software. Tesla has activated a 10,000-unit Nvidia H100 GPU cluster, which is three times faster than the A100. Musk also mentioned that Tesla will use both Nvidia and Dojo to process data from Tesla's fleet and train its FSD software.

Portfolio Pulse from Anan Ashraf

August 31, 2023 | 3:44 am

NIO

XPEV

Nio (NYSE:NIO) has provided another disappointing earnings call, while competitor XPeng (NYSE:XPEV) has inked a $700 million development deal with Volkswagen and a $744 million partnership with Didi, a Chinese rideshare giant. Jefferies analysts have retained a Buy rating and $25.30 price target for XPeng.

Portfolio Pulse from Thrash Capital

August 30, 2023 | 8:52 pm