Streetbeat News

Partnerships

BCOV

BRTX

TGAN

Insiders at BioRestorative Therapies, Inc. (BRTX), Brightcove Inc. (BCOV), and Transphorm, Inc. (TGAN) have recently made significant purchases of their companies' stocks. BRTX has been granted a license by the New York State Department of Health to operate as a Tissue Bank. BCOV has entered into a strategic agreement with PubMatic (PUBM). TGAN has announced the commencement of a $15 million rights offering.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 11:25 am

PPTA

Perpetua Resources has signed a definitive agreement for a Critical Minerals Award of $24.8 million under the Defense Production Act.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 11:06 am

NKLA

Nikola Corporation (NASDAQ:NKLA) is planning to launch its hydrogen fuel cell electric truck this quarter, despite skepticism from industry players like Tesla's Elon Musk. The truck, which will be built by Nikola but will have its fuel cell power module provided by Bosch, can provide up to 536 horsepower and has a fuel time of 20 minutes or less. Nikola is currently under scrutiny after one of its battery-powered trucks caught fire twice.

Portfolio Pulse from Anan Ashraf

July 26, 2023 | 9:32 am

AMZN

DISH

Dish Network is reportedly planning to sell its premium wireless service on Amazon.com later this week, which has led to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:07 am

BABA

META

Alibaba Group's cloud computing division has announced its support for Meta Platform Inc's open-source artificial intelligence (AI) model Llama, becoming the first Chinese enterprise to do so. Alibaba Cloud has launched the first training and deployment solution for the entire Llama2 series in China. This move could boost Alibaba's cloud business and foster closer ties between Meta and China.

Portfolio Pulse from Benzinga Neuro

July 26, 2023 | 5:52 am

DIS

Disney's India arm, Disney-Star, is planning to generate significant revenue from cricket commercials through its Star Sports channel and Disney+ Hotstar streaming platform. The company is seeking high fees from advertisers for the upcoming Asia Cup and ICC Cricket World Cup. This comes as Disney is reportedly considering different strategies for its Star India business, including potential partnerships or a sale, following a loss in subscribers after failing to secure streaming rights for the Indian Premier League.

Portfolio Pulse from Arpit Nayak

July 26, 2023 | 5:31 am

NFLX

PTON

According to a tweet by PeloBuddy, Netflix is reportedly headed to Peloton soon. The specifics of this potential partnership are not yet clear.

Portfolio Pulse from Charles Gross

July 25, 2023 | 9:18 pm

CRM

Matthew McConaughey, actor and brand ambassador for Salesforce Inc (NYSE:CRM), has been involved in high-level strategy discussions and serves as a creative advisor for the company. He starred in Salesforce’s commercials, including a Super Bowl ad and a 15-second ad titled 'AI Sheriff'. The campaign, launched alongside Salesforce's #AskMoreOfAI newsletter on LinkedIn, advocates for the responsible and ethical integration of AI technologies and addresses key AI-related concerns such as the skills gap, data privacy, and security.

Portfolio Pulse from AJ Fabino

July 25, 2023 | 9:10 pm

GTLS

Chart Industries has been contracted to supply hydrogen compressors for hydrogen production in China. This could potentially increase the company's revenue and market presence in China.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:40 pm

ALSN

Allison Transmission (ALSN) is partnering with the Indianapolis Public Transportation Corporation (IndyGo) to expand its fleet of electric hybrid buses. The project is funded by a $19 million grant from the Federal Transit Administration. The new buses, equipped with Allison's eGen Flex electric hybrid propulsion system, will replace older vehicles, reducing emissions and improving air quality and service reliability.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 8:34 pm