Streetbeat News

Partnerships

TSLA

Tesla has introduced a mobile Megacharger in Las Vegas, a dedicated charging unit for the Tesla Semi with a 750 kW charging rate. The Megacharger is currently confined to various areas in the western US and is used by PepsiCo and Frito-Lay at their distribution plants in Northern California. Tesla is reportedly seeking nearly $100 million in funding from the U.S. government to build a corridor of Megachargers from California to Texas.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 3:16 pm

EWG

TSM

VGK

Germany's Chancellor Scholz has announced that Germany is likely to become the major location for semiconductor production in Europe, following an investment from TSMC.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 3:03 pm

BRPHF

COIN

Crypto exchange Bitstamp is seeking additional funding to expand its operations in Europe and Asia, with advisory services provided by Galaxy Digital Holdings. The funds will be used to introduce derivatives trading in Europe and increase market presence in Asia. Bitstamp's American division, Bitstamp USA, has seen an increase in its market share in the U.S. this year. Coinbase Global Inc. and Gemini have also launched offshore derivatives exchanges this year.

Portfolio Pulse from Murtuza Merchant

August 08, 2023 | 2:47 pm

BTCUSD

ETHUSD

Binance, a leading cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. This move comes after El Salvador's recent adoption of Bitcoin as legal tender.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 2:20 pm

TWTR

Former Fox News host Tucker Carlson is reportedly in talks with Rebekah Mercer and Peter Thiel, two prominent GOP business megadonors, about potential investments in his new media company. The company, which is yet to be named, is looking to raise hundreds of millions of dollars. Mercer is an executive officer at investment firm 1789 Capital, which is planning an eight-figure investment into Carlson's venture. Thiel has also hinted at a possible investment. The new media venture will create full-length versions of Carlson’s episodes on X, the platform formerly known as Twitter, built around a subscription model for revenue.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 2:18 pm

INTC

QCOM

Analyst Ming-Chi Kuo reports that Qualcomm has ceased development of chips for the Intel 20A node. This could negatively impact the learning curve of RibbonFET and PowerVia technologies, increasing uncertainty and risk for Intel 18A R&D and mass production. Qualcomm's decision may be due to increased development costs post-7nm and resource constraints.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 2:17 pm

SHOP

UPBD

Acima Leasing, a business of Upbound Group, Inc. (NASDAQ:UPBD), has launched a new Shopify app to serve retailers using Shopify as their e-commerce platform. The app offers lease-to-own (LTO) solutions to increase sales opportunities and attract a larger customer base.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 1:43 pm

MGNI

Attain has partnered with Magnite to introduce real-time sales measurement for video advertising. This partnership will enable advertisers to effectively measure lower-funnel sales outcomes in real-time tied to premium OLV and streaming video ad buys.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 1:33 pm

DELL

NVDA

RXT

Rackspace has launched a new Hosted Private Cloud Generative AI Solution Architecture, which is powered by Dell Technologies and NVIDIA AI. This new solution is expected to enhance the AI capabilities of Rackspace's offerings.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 1:13 pm

INTC

SSNLF

Intel and Samsung have announced an expansion of their collaboration through a new product innovation agreement. The agreement involves the use of 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost in combination with Samsung’s vRAN 3.0. The collaboration aims to provide operators with a solution that meets their capacity, coverage, quality, and total cost of ownership requirements.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 1:10 pm