Streetbeat News

Partnerships

AMZN

CDW

CDW Corporation (NASDAQ:CDW) has entered into a four-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The collaboration aims to deliver comprehensive solutions and services leveraging AWS to help organizations harness the full potential of the cloud adoption journey. CDW will provide enhanced expertise and scale in all segments including Corporate, Small Business and Public, and will collaborate with AWS to develop new solutions across key focus areas.

Portfolio Pulse from Happy Mohamed

August 21, 2023 | 5:15 pm

JBLU

JetBlue Airways Corporation has launched its eighth Gateway development program, Gateway Rotor Transition Program (RTP), aimed at transitioning U.S. military-trained rotary wing aviators into commercial pilots. The program is in partnership with SkyWarrior Flight Training LLC. JetBlue shares were trading 0.39% lower to $6.32.

Portfolio Pulse from Shivani Kumaresan

August 21, 2023 | 3:51 pm

MRK

MRNA

Moderna Inc (NASDAQ:MRNA) and Chinese biotech CARsgen Therapeutics have partnered to investigate a combination of CARsgen's investigational Claudin18.2 CAR T-cell product candidate (CT041) and Moderna's investigational Claudin18.2 mRNA cancer vaccine. The collaboration will involve preclinical studies and a phase 1 clinical trial. Moderna has previously collaborated with Merck & Co Inc (NYSE:MRK) on an mRNA cancer vaccine that showed promising results.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:20 pm

AMZN

DIS

KHC

META

MPW

ODFL

SCU

TSLA

WMT

Meta Platforms is preparing to launch a desktop version of Threads to compete with Elon Musk's X. Amazon has restarted its external shipping service, challenging FedEx and UPS. High-profile investors have presented a competing bid for Sculptor Capital Management. Kraft Heinz plans to offer Lunchables to school cafeterias. Medical Properties Trust's deal with Prospect Medical Holdings is on hold. Tesla has suffered a data breach affecting over 75,000 people. Old Dominion Freight Line has offered $1.5 billion to acquire Yellow Corp's terminals. General Motors' Cruise is under investigation after a collision. DuPont is in talks to sell its Delrin resins unit. Disney is in a legal battle with Florida Governor Ron DeSantis. Goldman Sachs faces potential lawsuits over the 1MDB scandal. Citigroup is considering splitting its largest division. Walmart and Centric Brands are examining their Cambodian supply chains. US Steel denies union veto rights in company sale.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:17 pm

SBEV

Splash Beverage Group, Inc. (NYSE:SBEV) has announced new or expanded distribution agreements with Lakeshore Beverage in Chicago, Southern Beverage Company in Mississippi, and United Distributors in Georgia. Additionally, Splash's Copa di Vino will be offered in nine Blaze Pizza locations across Southern California. These agreements are part of Splash's ongoing distribution and retail strategy.

Portfolio Pulse from Happy Mohamed

August 21, 2023 | 3:12 pm

ACHR

ARKK

STLA

UAL

Archer Aviation Inc. (ACHR) shares are moving higher due to positive business updates and investments. The company's Midnight eVTOL aircraft received its Special Airworthiness Certificate from the FAA and will begin flight test operations. Archer also announced a $215 million equity investment and collaboration with Stellantis NV (STLA), Boeing Co. (BA), and United Airlines Holdings (UAL). Cathie Wood's ARKK Innovation ETF (ARKK) purchased more than $20 million worth of ACHR shares.

Portfolio Pulse from Erica Kollmann

August 21, 2023 | 3:11 pm

SABR

Sabre Corporation (NASDAQ:SABR) has expanded its distribution agreement with Scandinavian Airlines (SAS). The agreement will allow Sabre-connected agencies to retain competitive access to SAS's fares and offers, and will also enable SAS to distribute future NDC content. The enhanced agreement is expected to support SAS's new distribution model. Sabre's shares are trading higher by 2.36% at $5.20.

Portfolio Pulse from Shivani Kumaresan

August 21, 2023 | 3:06 pm

MRNA

Moderna has entered a cancer collaboration with CARsgen and announced the effectiveness of its COVID vaccine against the EG.5 and FL.1.5.1 variants. This news has led to a rise in Moderna's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 2:45 pm

VCIG

VCI Global Limited has been appointed as AdScale's exclusive licensee for AI-powered marketing tools, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 2:39 pm

GLOB

SLNA

Globant S.A. (GLOB) has entered into a global corporate brand partnership with Selina Hospitality PLC (SLNA). The partnership will offer unique benefits and enhanced travel experiences at Selina's locations worldwide for Globant's 27,000 employees. SLNA shares are trading higher by 20.9% to $0.5201, while GLOB shares are trading higher by 0.19% to $176.24.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2023 | 2:07 pm