Streetbeat News

Partnerships

SNDL

TLRY

SNDL Inc. (NASDAQ:SNDL) and Tilray Brands, Inc. (NASDAQ:TLRY) shares are trading higher, with SNDL moving in sympathy with TLRY, which surged on strong quarterly results. SNDL announced the extension of the closing date for its partnership with Nova to Aug. 25.

Portfolio Pulse from Erica Kollmann

July 26, 2023 | 6:37 pm

GOOGL

LAZR

MBGYY

TSLA

VLVLY

Luminar Technologies Inc (NASDAQ:LAZR), founded by Austin Russell, now has a market cap of $2.67 billion. Russell, the world's youngest self-made billionaire, has grown the company to generate $40.7 million in revenue in 2022. Luminar's technology, which uses laser-powered LiDAR to detect nearby objects and prevent collisions, has led to partnerships with major automakers like Mercedes Benz Group (OTC:MBGYY) and Volvo ADR (OTC:VLVLY). The company faces competition from Tesla Inc (NASDAQ:TSLA) and Alphabet Inc's (NASDAQ:GOOGL) Waymo.

Portfolio Pulse from Bibhu Pattnaik

July 26, 2023 | 6:31 pm

ABVC

CTCX

DXF

INPX

MNK

SIMO

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Some of the top gainers include Silicon Motion Technology Corporation, Mallinckrodt plc, and ABVC BioPharma, Inc. due to various reasons such as merger approvals, potential bankruptcy plans, and new partnerships. On the other hand, some of the top losers include Dunxin Financial Holdings Limited, Carmell Therapeutics Corporation, and Inpixon due to reasons such as weak quarterly sales, pricing of registered direct offering, and merger agreements.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 5:57 pm

GOOG

GOOGL

MSFT

NVDA

The Japanese government plans to adopt OpenAI's ChatGPT for administrative tasks, according to Nikkei Asia. This move is expected to streamline operations and improve efficiency in public service delivery.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 5:05 pm

SLF

Sun Life Financial Inc. has launched a program in partnership with OptiMed Health Partners to make specialty drugs more accessible and affordable. The program aims to provide cost-effective solutions for managing specialty drug costs, which are often a significant burden for employers and employees alike.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:59 pm

AAPL

DASH

Doordash has launched an integration with Apple Carplay, allowing Dashers to receive and manage orders directly from their car's dashboard. This move is expected to improve the efficiency of Dashers and enhance the user experience.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:53 pm

ABVC

ABVC BioPharma, Inc. (NASDAQ:ABVC) has announced a partnership with Zhonghui United Technology Group to advance the development of a health and wellness base in China. The partnership involves the planned acquisition of real estate assets valued at $7.4 million. ABVC will transfer common shares to Zhonghui at $20 per share, granting ABVC 20% ownership of Zhonghui's property near Chengdu, China, valued at $37 million. ABVC shares are trading 48.4% higher at $5.64.

Portfolio Pulse from Erica Kollmann

July 26, 2023 | 3:53 pm

AMZN

Amazon Web Services (AWS) has announced the general availability of AWS Entity Resolution, a machine learning-powered service that helps companies match and link records stored across multiple applications, channels, and data stores. Early customers and partners using AWS Entity Resolution include ActionIQ, Amazon Ads, Best Western, LiveRamp, Merkle, TransUnion, and Unified ID 2.0.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 3:52 pm

MAPS

NBA star Kevin Durant has successfully advocated for the removal of marijuana from the NBA's banned substance list. Durant, a cannabis advocate and entrepreneur, has been publicly advocating for cannabis over the last several years. His company, Thirty Five Ventures, partnered with cannabis tech platform Weedmaps (NASDAQ:MAPS) in 2021 to help deconstruct negative stereotypes associated with cannabis. Durant also has investments in Coinbase Global Inc, Postmates, and OpenSea.

Portfolio Pulse from Nina Zdinjak

July 26, 2023 | 3:52 pm