Streetbeat News

Partnerships

AMZN

BP

WMT

Amazon is enhancing its Prime membership by offering gas savings at BP-owned stations and future EV charging discounts, intensifying competition with Walmart's subscription service.

Portfolio Pulse from Chris Katje

October 24, 2024 | 6:41 pm

AMZN

GOOGL

PESI

A Barron's article discusses Google and Amazon's investments in nuclear energy, highlighting the lack of plans for radioactive waste management. Perma-Fix Environmental Services, a provider of nuclear services and waste management, is also mentioned.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:55 pm

RIVN

TSLA

Rivian Automotive shares are trading higher following Tesla's strong Q3 results, reflecting optimism in the EV market. Rivian is also collaborating with Patagonia and Sol Systems on a renewable energy project in North Carolina, promoting sustainability and STEM education.

Portfolio Pulse from Nabaparna Bhattacharya

October 24, 2024 | 5:53 pm

IYG

V

XLF

Visa Inc. has partnered with USAID to enhance digital government platforms in Sub-Saharan Africa and other regions. This five-year collaboration aims to improve access to government services and digital payments, fostering economic development and financial inclusion.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 5:24 pm

LUV

Southwest Airlines (NYSE:LUV) has reported a strong earnings beat, with a 5.3% increase in total operating revenue, reaching $6.87 billion. The airline's stock is showing bullish momentum, supported by a Golden Cross and strategic changes, including a new alliance with Elliott Investment Management and six new board members. Despite challenges like COVID-19 and Boeing delivery delays, Southwest is projecting revenue growth for the fourth quarter.

Portfolio Pulse from Surbhi Jain

October 24, 2024 | 5:13 pm

LUV

Southwest Airlines' CEO expressed confidence in achieving 2027 targets without relying on fleet monetization benefits. The launch date for the partnership with Icelandair is set for Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:48 pm

IGV

ORCL

TRFK

Oracle Corporation's shares are trading higher as NTT DATA Japan selects Oracle Alloy to enhance its sovereign cloud solutions. This partnership will accelerate cloud adoption in Japan, ensuring data sovereignty and compliance. Oracle plans to invest over $8 billion in Japan's cloud and AI infrastructure over the next decade.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 4:05 pm

BA

CVX

LUV

MAR

Southwest Airlines shares fell by 3% despite strong earnings and a deal with Elliott Investment Management. Concerns about Boeing delivery delays due to a machinists' strike overshadowed positive earnings and a board restructuring agreement.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 4:02 pm

PYPL

Fireblocks announced a $1 million grant program to boost the adoption of PayPal's stablecoin, PYUSD. The initiative aims to encourage businesses to develop blockchain-based products using PYUSD, highlighting its potential in DeFi and retail payments. Despite regulatory challenges, PayPal continues to expand PYUSD's reach.

Portfolio Pulse from Murtuza Merchant

October 24, 2024 | 3:54 pm

TOMZ

TOMI Environmental Solutions shares rose after securing a contract with the National Institute of Forensic Medicine in Malaysia.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:50 pm