Streetbeat News

Partnerships

DDOG

NVDA

Datadog (DDOG) has discussed its partnership with Nvidia (NVDA) at the 2023 DASH Keynote Event. The details of the partnership were not disclosed in the article.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:03 pm

OUST

NASA plans to issue a sole source contract to Ouster for 3D Light Detection and Ranging (LIDAR) sensors, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:57 pm

MSFT

London Stock Exchange Group (LSEG) has partnered with Microsoft to develop artificial intelligence (AI) models. The collaboration aims to enhance LSEG's data analytics capabilities and improve its financial services.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:57 pm

DIS

NFLX

Walt Disney Co (NYSE:DIS) stock is trading lower amid reports of CEO Bob Iger working with former executives Kevin Mayer and Tom Staggs to improve ESPN's performance. The company is considering strategic options for ESPN and other linear cable networks due to a surge in cord-cutters for streaming services like Netflix, Inc (NASDAQ:NFLX). Iger is seeking minority partners to take equity stakes in ESPN, and if unsuccessful, a spinoff of the network could be possible.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 1:50 pm

DIS

FOX

FOXA

MANU

Tom Brady, the retired NFL quarterback, has announced a minority investment in Championship English soccer club Birmingham City. Brady partnered with Knighthead Capital Management for the investment. He will become Chairman of the new Advisory Board and will be involved in various aspects of the club, including health, nutrition, wellness, recovery systems and programs, global marketing efforts, and new commercial partnership opportunities. Brady is also working to acquire a stake in the NFL’s Las Vegas Raiders and owns stakes in the Las Vegas Aces (WNBA) and a Pickleball franchise. Media rights for Championship games in the U.S. belong to ESPN, a unit of The Walt Disney Company.

Portfolio Pulse from Chris Katje

August 04, 2023 | 1:46 pm

INDA

TSLA

Tesla's U.S. executives have held closed-door talks with India's Commerce Minister regarding the carmaker's plans to enter the Indian market, according to sources cited by Reuters.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:45 pm

ETHUSD

RBK

VeeFriends, founded by entrepreneur Gary Vaynerchuk, is collaborating with Reebok to create sneakers featuring the Aspiring Alpaca character from the VeeFriends NFT collection. Holders of VeeFriends Aspiring Alpaca Series 1 NFTs will have a free claim on the sneakers. The shoes will also be available for purchase on the VeeFriends and Reebok websites from August 24, 2023, for $90. The VeeFriends Series 1 NFT collection has a floor price of 1.96 Ethereum (ETH), or around $3,591.84.

Portfolio Pulse from Chris Katje

August 04, 2023 | 1:33 pm

META

Meta Platforms Inc's Ray-Ban smart glasses have failed to gain traction since its launch in 2021, with less than 10% of purchased glasses being actively used. The glasses, developed in partnership with EssilorLuxottica, experienced a 13% return rate due to various issues. Despite these challenges, Meta plans to release the second generation of Ray-Ban Stories by fall or next spring. The company's Reality Labs division, responsible for the smart glasses, reported an operating loss of nearly $8 billion in the first half of 2023.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 1:31 pm

INDI

indie Semiconductor (NASDAQ:INDI) and SiLC Technologies have formed a strategic partnership to develop a light detection and ranging (LiDAR) platform. The partnership aims to deliver a fully integrated vision system platform deploying frequency modulated continuous wave (FMCW) detection for next-generation sensing applications. The collaboration is expected to deliver 10x performance, power, and cost advantages over existing implementations.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:30 pm

LUCY

Innovative Eyewear, Inc. has successfully conducted a secondary offering to raise capital for the launch of smart eyewear collections under its new partnerships with Nautica, Eddie Bauer, and Reebok. The Nautica and Lucyd Safety smart eyewear lines are expected to launch in Q4 2023, while the Eddie Bauer and Reebok lines are expected to launch in early Q1 2024. The company also plans to make further enhancements to the Lucyd app, which powers seamless connection to ChatGPT on all of its eyewear.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:27 pm