Streetbeat News

Partnerships

PWSC

A Pennsylvania school district has chosen PowerSchool's cloud solutions to enhance its digital capabilities. The move is expected to improve the district's student information system.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 5:05 am

CVX

Chevron is set to fund a soil carbon sequestration pilot project led by Carbon Sync in Western Australia. The project will involve up to 80,000 hectares of the region's cropping and grazing area. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:03 pm

GM

TSLA

General Motors Company (GM) has unveiled the Cadillac Escalade IQ, an electric version of the flagship Cadillac Escalade. The vehicle is part of GM's growing portfolio of electric vehicles and its zero, zero, zero pledge. The Escalade IQ features a third row seat, a 450-mile range, and a 55-inch interior screen. GM is prepared to scale to one million electric vehicle units in North America by 2025 and aims to have every light-duty vehicle fully electric by 2035. GM has also announced a partnership with Tesla Inc (TSLA) to work on a single charging standard.

Portfolio Pulse from Chris Katje

August 10, 2023 | 9:22 pm

ACHR

BA

Archer Aviation has announced a $215 million investment, causing its shares to trade higher. The company also announced a litigation settlement and collaboration with Wisk Aero and Boeing.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:17 pm

ARKK

BA

STLA

UAL

Archer, a company developing electric vertical takeoff and landing aircraft, has announced a $215 million investment from several companies including Stellantis, Boeing, United Airlines, and ARK Invest.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:13 pm

FHTX

MRK

Foghorn Therapeutics has received a termination notice from Merck for their research collaboration and exclusive license agreement, effective November 7, 2023. Foghorn Therapeutics has received a total of $20M from Merck under the agreement.

Portfolio Pulse from Charles Gross

August 10, 2023 | 8:59 pm

ACHR

BA

Wisk Aero, Archer, and Boeing have reached an agreement to settle litigation and enter into a collaboration for autonomous flight. Archer will make Wisk its exclusive provider of autonomy technology for future aircraft variants. Boeing is investing in Archer to support the integration of Wisk's autonomous technology.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:57 pm

ACHR

BA

Wisk Aero, Archer, and Boeing have reached an agreement to settle litigation and enter into a collaboration for autonomous flight. Additionally, Boeing has invested in Archer's latest funding round, though the size of the investment was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:56 pm

NGMS

NeoGames' subsidiary BtoBet has entered the North American market through a sportsbook agreement with PlayAlberta. The terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 8:53 pm

BNBUSD

CRVUSD

Binance Labs, a subsidiary of Binance, has invested $5 million in Curve DAO Token (CRV), a utility token that powers the Curve ecosystem. The investment aims to boost the growth of the decentralized finance (DeFi) sector. Curve plans to extend its operations to the BNB Chain, which is expected to significantly enhance the BNB Chain DeFi ecosystem.

Portfolio Pulse from Murtuza Merchant

August 10, 2023 | 7:31 pm