Streetbeat News

Partnerships

MULN

Mullen Automotive Inc (NASDAQ:MULN) has received a multiunit vehicle purchase order from NRTC Automation Group for three all-electric commercial Class 3 Mullen trucks, with deliveries expected to begin in Q4 2023. Mullen recently produced its first Mullen THREE at its Mississippi facility and plans to gradually ramp up production to 3,000 vehicles a year, with a potential increase to 6,000 vehicles per year. MULN shares are currently down by 13.45%.

Portfolio Pulse from Lekha Gupta

August 28, 2023 | 3:55 pm

CRGE

STLA

Automaker Stellantis has chosen Charge Enterprises as the infrastructure provider for its U.S. dealership network. This partnership will allow Stellantis to expand its electric vehicle offerings and improve customer experience.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 3:06 pm

NIO

TSLA

XPEV

NIO Inc. shares are down over 8% in the last month due to pressure from competitors Tesla and XPeng in the EV market. Tesla has recently lowered its vehicle prices in China, while XPeng announced a partnership with Didi to boost Smart EV adoption. Nio is set to announce its Q2 financial results on Tuesday, with an expected loss of 36 cents per share and revenue of $1.35 billion.

Portfolio Pulse from Erica Kollmann

August 28, 2023 | 2:40 pm

Mastercard Incorporated (NYSE:MA) has entered a memorandum of understanding with the UAE's Artificial Intelligence, Digital Economy, and Remote Work Applications Office. The partnership aims to increase artificial intelligence capabilities in the region and supports the National Artificial Intelligence Strategy 2031. Mastercard's shares are trading higher by 0.57% to $405.10.

Portfolio Pulse from Nabaparna Bhattacharya

August 28, 2023 | 2:07 pm

CORN

SOYB

VGK

WEAT

Turkey's President Erdogan is set to visit Russia's Sochi soon. Turkey hopes that there will be developments regarding a grain deal after Erdogan's visit, according to a spokesman from the AK Party.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:33 pm

MULN

Mullen Technologies has received a purchase order from NRTC Automation Group for three commercial Class 3 EV trucks. The deliveries are expected to begin in Q4 2023.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:31 pm

CNHI

RAVN

Raven Industries, a leader in ag tech solutions, is set to showcase its latest advancements at the Farm Progress Show. These include the Raven Cart Automation, DirecSteer electric steering, and the integration of Raven Sense & Act sprayer technology with Augmenta technology. The company is also deepening its integration with CNH Industrial platforms. The new technologies aim to increase productivity, reduce operator stress, and provide more precise and efficient operations.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:05 pm

FCEL

XOM

FuelCell Energy and ExxonMobil have extended their joint development agreement through March 31, 2024. This has led to a rise in FuelCell Energy's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 1:05 pm

WWE

WWE and NFL have announced the first-ever officially licensed NFL Legacy Title Belts, which are now available for purchase ahead of the 2023 NFL season. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 1:03 pm

ABC

TIVC

Tivic Health Systems, Inc. (NASDAQ:TIVC) has entered into a non-exclusive agreement with AmerisourceBergen to make Tivic's products available on AmerisourceBergen's third-party marketplace. Tivic's ClearUP bioelectronic sinus pain relief device will be offered on AmerisourceBergen Marketplace, which integrates into AmerisourceBergen's existing ABC Order eCommerce platform.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 1:02 pm