Streetbeat News

Partnerships

INLB

Mike Weinberger, CEO of Item 9 Labs Corp. (OTCQX:INLB), highlighted the company's unique franchising model at the Benzinga Cannabis Capital Conference. The model, which emphasizes community ownership, has been a key differentiator for the company, fostering trust within the community and maintaining a close connection with the customer base.

Portfolio Pulse from Joana Scopel

August 04, 2023 | 2:19 pm

SDGR

ZLAB

Schrödinger Inc's Q2 financial results show an adjusted EPS loss of $(0.79), higher than the previous year and missing consensus. Sales decreased by 8.5% to $35.19 million, beating consensus. Drug discovery revenue and software revenue also decreased. Zai Lab Limited has decided not to advance their discovery collaboration with Schrödinger. The company's 2023 drug discovery revenue is now expected to be $50 million-$70 million, down from the prior expectation of $70 million-$90 million. SDGR shares are down 22.40% at $38.96.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 2:15 pm

DOTUSD

VOD

Vodafone's 'Economy of Things' Digital Asset Broker (DAB) has announced a strategic partnership with Aventus, a Web3 solutions provider. The partnership aims to leverage Web3's secure blockchain technologies to enhance security and efficiency in electronic trading and data exchange. The initial focus will be on the aviation sector's supply chain, with a solution involving blockchain-enabled SIM cards linked to cargo tracking pods through the DAB platform. Aventus already has established relationships at Heathrow Airport, where its blockchain solutions are used for managing and tracking aircraft unit load devices.

Portfolio Pulse from Jose Rodrigo Safdiye

August 04, 2023 | 2:14 pm

DIS

ESPN is considering streaming games for professional leagues in local markets and has had preliminary discussions with MLB about carrying local broadcasts on ESPN+. The company may also offer a streaming version of its TV channel in the next 2-3 years. ESPN is also developing a hub for live sports, internally referred to as 'WSJ'.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:11 pm

ROKU

The Miss Universe Organization has extended its partnership with Roku and Telemundo, sealing a multi-year deal for the U.S. streaming and broadcast of the pageant. The recent Miss Universe event was the first live event ever streamed on Roku and reached millions of viewers. The new deal is expected to provide stability and opportunities for innovation. The 72nd annual Miss Universe event will take place on Nov. 18, 2023, live from El Salvador.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:08 pm

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