Streetbeat News

Partnerships

KTOS

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) and Hypersonix Launch Systems Ltd. have announced an Exclusive Teaming Agreement to provide the Hypersonix DART AE Hypersonic System within the U.S. market, integrated with Kratos' Zeus family of solid rocket motors. Hypersonix intends to significantly expand its presence in the United States and promote the sale of the DART AE system within the U.S. Department of Defense (DoD) and potential other U.S. National Security markets. Kratos has also agreed to initially procure up to 20 DART AE systems from Hypersonix.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:13 pm

TGL

Treasure Global's ZCITY app has integrated an AI personalization engine with ChatGPT. This move is expected to enhance user experience by providing personalized content and interactions.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:11 pm

CATX

Perspective Therapeutics and GT Medical Technologies have partnered to expand access to a unique Cesium-131 based brain cancer treatment. The collaboration aims to improve patient outcomes and quality of life.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:08 pm

AAPL

GOOG

MSFT

SPOT

WMG

Google and Universal Music are discussing licensing artists' melodies and voices for AI-generated songs to counter the rise of 'deepfake' songs. They are exploring a partnership to develop a tool that allows fans to create AI-generated tracks and pay copyright owners. Warner Music Group has also discussed a similar product with Google. Universal Music has urged Spotify and Apple to restrict access to its music catalog for AI technology training. Google's interest in AI-generated songs aligns with its competition against Microsoft, which has invested in AI company OpenAI.

Portfolio Pulse from Anusuya Lahiri

August 09, 2023 | 11:56 am

UP

Wheels Up Experience Inc. (NYSE:UP) is in discussions for strategic business partnerships and has received a short-term capital infusion from Delta Air Lines. The company has also entered into a non-binding letter of intent with Airshare to acquire Wheels Up's non-core aircraft management business. The company has postponed its earnings communications and cancelled the call for today.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:41 am

DAL

Wheels Up has announced that Delta Airlines has provided a short-term capital infusion to the company. The exact amount of the infusion was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:40 am

DFLI

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) has partnered with the Florida RV Trade Association (FRVTA) to conduct a training seminar on the safe installation of lithium-ion battery systems for RVs. The seminar was attended by professional RV dealers and installers, and a recording will be released publicly on Dragonfly Energy's Battle Born Academy website. The company believes that education is a cornerstone to the lithium battery industry, ensuring safe and proper installation and comprehensive knowledge across the industry.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:38 am

DIS

PENN

Walt Disney Co. (NYSE:DIS) has partnered with PENN Entertainment, Inc. (NASDAQ:PENN) to launch ESPN Bet in 2023. CNBC's Jim Cramer praised the move, suggesting it could create a new revenue stream for Disney. Despite Disney's stock underperforming in 2023, Cramer believes the deal could make it a bargain. PENN will pay Disney $1.5 billion over 10 years for exclusive rights to the ESPN trademark in the U.S., and Disney will receive $500 million worth of warrants to purchase PENN common stock.

Portfolio Pulse from Shanthi Rexaline

August 09, 2023 | 11:36 am

NOTE

FiscalNote Holdings, Inc. (NYSE:NOTE) has announced a series of new customer agreements in the global public sector, including diplomatic entities, embassies, international cooperation agencies, parliaments, councils, and government-owned finance and banking institutions. The agreements include new contracts, expansions, and renewals for FiscalNote's AI-powered geopolitical intelligence, issue monitoring, and legislative tracking services. The company's recent customer wins include ministries and agencies from Korea, Japan, United Arab Emirates, United Kingdom, Canada, Europe, Ireland, Australia, Sweden, Finland, France, and the World Health Organization.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:33 am

SBUX

TGT

Target is starting a nationwide rollout of its Drive Up service with Starbucks, offering free carside delivery of café favorites. The service is expected to be available at all the 1,700-plus stores with Starbucks Cafés and Drive Up service by October.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:19 am