Streetbeat News

Partnerships

GLOB

MSFT

Globant (NYSE:GLOB) has announced the launch of a dedicated Microsoft Studio, aiming to enhance the value of its client investments through its knowledge and experience in the Microsoft ecosystem. The new Studio will consolidate Globant's expertise with Microsoft's capabilities and solutions, offering services that include AI and cloud computing. The initiative is part of Globant's commitment to drive innovation and help organizations with digital transformation and technological innovation.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:53 pm

TTWO

Rockstar Games has announced that Cfx.re, the team behind the biggest Rockstar roleplay and creator communities, FiveM and RedM, is now officially a part of Rockstar Games. This partnership aims to support the roleplay creative community and improve the services provided to developers and players.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:51 pm

DNUT

MCD

Krispy Kreme is considering expansion following a successful test of selling doughnuts in 160 McDonald's locations in Kentucky. The company has found that it can service fast-food restaurants with doughnuts, similar to its operations in grocery stores and gas stations. Krispy Kreme CFO Josh Charlesworth stated that the company could serve more McDonald's stores, but expansion is dependent on McDonald's decision. The test could reveal Krispy Kreme's limitations as the doughnut chain has a limited number of shops or hubs where it makes doughnuts for delivery. The company is considering increasing its doughnut-making capacity in more parts of the country.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:44 pm

OCUP

Ocuphire Pharma Inc has entered into a common stock purchase agreement with Lincoln Park Capital Fund. The agreement allows Ocuphire to sell up to $50M of its common stock to Lincoln Park over a 30-month term.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:30 pm

FRSX

Foresight Autonomous Holdings Ltd. (FRSX) has signed a paid proof of concept (POC) project with the Chinese subsidiary of a leading industrial equipment manufacturer. The Fortune 500 company will evaluate Foresight's QuadSight technology for potential integration into its mining and construction trucks. The technology offers 360° 3D perception capabilities, providing an alternative to existing LiDAR sensors.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:21 pm

DSX

Diana Shipping has announced a time charter contract for m/v Semirio with Solebay. The charter rate is $14.15K per day with a 5% commission for third parties. The contract period is until at least November 20, 2024, and at most January 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 1:19 pm

UBER

Uber Technologies, Inc. (NYSE:UBER) has announced a new partnership with grocery chain Hy-Vee to offer on-demand and scheduled grocery delivery to customers across the Midwest. The partnership will strengthen Uber Eats' grocery selection in eight states. To celebrate the partnership, Uber Eats is offering a 50% discount on first orders of $50 or more from Hy-Vee locations and a chance to enter the Uber Eats 2023 NFL Kickoff Tickets sweepstakes.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:05 pm

LFLY

Leafly, a cannabis information resource, has announced a partnership with Greenline, a cannabis retail software provider. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 1:01 pm

ATIF

ATIF Holdings Limited (NASDAQ:ATIF) and Phoenix Satellite TV America are partnering to create a financial television program called 'Wall Street', set to launch on October 1st, 2023. The program, hosted by ATIF's President, Chairman of the Board, and CEO, Mr. Liu Jun, aims to provide accurate financial information and Wall Street interpretation to Chinese audiences globally. The show is expected to become a significant source of financial information and investment news for Chinese viewers worldwide.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:00 pm

MDALF

TSAT

Telesat Corporation (NASDAQ:TSAT) shares are trading higher after the company reported Q2 results and selected MDA Ltd (OTC:MDALF) as the prime satellite manufacturer for its Lightspeed Low Earth Orbit constellation. Telesat's Q2 revenue was C$180 million, a 4% Y/Y decrease, mainly due to a termination of service by a South American customer and reduced revenue from a North American customer. The company reiterated its FY23 forecast for revenues of C$690 million-C$710 million and Adjusted EBITDA of C$500 million-C$515 million.

Portfolio Pulse from Nabaparna Bhattacharya

August 11, 2023 | 12:57 pm