Streetbeat News

Partnerships

UNVR

Univar Solutions Inc. (NYSE:UNVR) has expanded its distribution relationship with Kalsec Inc. to include advanced hop ingredients in the United States. This agreement builds on their existing partnership for distribution of Kalsec's natural taste and sensory, colors, and food protection solutions in Mexico, Colombia, and Europe. Kalsec is a leader in hops innovation and has been providing the brewing and beverage industries with advanced hop solutions for over 40 years.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 12:10 pm

CCO

Clear Channel Outdoor (CCO) has announced a 10-year partnership with the City of Austin to revamp advertising and sponsorship opportunities at Austin-Bergstrom International Airport.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 12:09 pm

FCEL

FuelCell Energy has signed a long-term service agreement with Noeul Green Energy and established a Memorandum of Understanding (MOU) with Gyeonggi Green Energy. This could potentially expand FuelCell's market presence in the renewable energy sector.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 12:08 pm

GOOGL

CareCloud, a healthcare technology company, has announced a collaboration with Google Cloud. The details of the collaboration were not provided in the article.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 12:05 pm

TLRY

Tilray has renewed its distribution agreement with Great North Distributors, Inc. for cannabis sales across Canada. This will continue to facilitate Tilray's product distribution and reach in the Canadian market.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:07 am

TSLA

Indonesia is courting automakers, including Tesla Inc. (NASDAQ:TSLA), with attractive incentives for electric vehicle (EV) production. The country's rich nickel reserves, crucial for battery production, have been a significant part of the negotiations. Indonesia is reportedly planning to offer substantial incentives to companies, including Tesla and BYD, and is willing to benchmark their offers against other countries vying for the same companies.

Portfolio Pulse from Benzinga Neuro

July 27, 2023 | 10:33 am

MSFT

NFLX

Netflix and Microsoft are reworking their ad partnership, reducing the tech company's revenue guarantee. Netflix is also offering some advertisers lower ad prices, according to the Wall Street Journal.

Portfolio Pulse from Charles Gross

July 27, 2023 | 8:57 am

NIO

VWAGY

XPEV

European automakers are partnering with Chinese companies to expand their presence in the electric vehicle (EV) market. Volkswagen AG has announced a partnership with Chinese EV startup XPeng, and its subsidiary Audi plans to join forces with SAIC. Amid rumors of a potential partnership with Mercedes, Nio Inc's stock price has surged. These collaborations aim to capitalize on China's large market potential and advanced design, engineering, and manufacturing capabilities.

Portfolio Pulse from Anan Ashraf

July 27, 2023 | 7:53 am

BMWYY

HMC

HYMTF

MBGYY

STLA

TSLA

Seven automakers including BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV are joining forces to develop a new charging network joint venture to compete with Tesla's supercharger network. They plan to install at least 30,000 high-powered charge points across the country, offering both Combined Charging System and Tesla’s North American Charging Standard connectors. The joint venture is expected to be established this year, with the first stations opening in the summer of 2024.

Portfolio Pulse from Anan Ashraf

July 27, 2023 | 6:04 am

RXRX

Recursion has launched Valence Labs at the International Conference on Machine Learning, committing to open science with $1M in academic scholarships. The initiative aims to foster collaboration and innovation in the field of machine learning.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 5:23 am