Streetbeat News

Partnerships

TOON

Kartoon Studios (NYSE:TOON), through its controlling interest in Stan Lee Universe, announced a total and near-instantaneous sell through of Stan Lee digital collectibles through its partnership with digital leader VeVe. The collection includes four digital collectibles for fans in Chibi style. This news follows a successful opening of the Stan Lee Exhibit at The Comic-Con Museum in San Diego, California.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:17 pm

RTX

Raytheon (NYSE:RTX) has announced a mentorship agreement with Node.Digital under the Department of Homeland Security's Mentor-Protégé Program. The program aims to foster small business growth by matching them with established companies for mentorship and technical assistance. Raytheon will assist Node.Digital in capturing new business, bid positioning, and mitigating program risk. The partnership will support the DHS's mission to protect against emerging cyber threats.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:15 pm

FUBO

Maximum Effort Channel, a partnership between Fubo and Ryan Reynolds' Maximum Effort, announced the channel's first series of ‘Maximum Moments' with ALF creator Paul Fusco and Shout! Studios. The ALF episodes will be surrounded by sponsored content for Mint Mobile, Fubo, Hims, MNTN, and Ring. The channel is available to watch on Fubo as well as Amazon Freevee, LG Channels, Plex, Sling Freestream, Tubi, VIDAA, VIZIO Watchfree+ and Xumo Play.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:14 pm

PYPL

PayPal Holdings, Inc. (NASDAQ:PYPL) has announced the second Venmo Small Business Grant, a program providing financial grants and mentorship for 20 Venmo business profile customers. Each selected business will receive $10,000 for expenses or to help digitize and promote their businesses. The program also provides recipients with access to technical expertise and mentorship in partnership with Start Small Think Big and PayPal and Venmo employees.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:13 pm

GLDD

NEXT

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has received a Notice to Proceed on a project for NextDecade Corporation's (NASDAQ:NEXT) Rio Grande LNG project. The project involves deepening the entrance channel to the western end of the RGLNG property, developing two ship berths and a turning basin for the Rio Grande LNG facility. The project is expected to start later this year and is the largest in Great Lakes' 133-year history.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:09 pm

GEVO

Gevo Inc. has signed a Master Services Agreement with McDermott for the development of sustainable aviation fuel facilities. The agreement will allow Gevo to leverage McDermott's expertise in engineering and construction to build facilities that will produce sustainable aviation fuel and other renewable hydrocarbon products.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:07 pm

STKH

Steakholder Foods has signed its first multimillion dollar agreement with an accredited GCC governmental body to commercialize its 3D bio-printing technology. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:04 pm

MSFT

Birlasoft, part of the C.K. Birla Group, has partnered with Microsoft Corporation to establish a Generative AI Centre of Excellence. The centre will leverage Birlasoft's industry expertise and Microsoft Azure OpenAI Service to foster innovation in the adoption of Generative AI across various industries. The partnership aims to deliver enterprise solutions, facilitate research, training, and collaboration, and empower organizations to unlock the full potential of generative AI.

Portfolio Pulse from Arpit Nayak

July 24, 2023 | 12:59 pm

LAES

WKEY

WISeKey International Holding Ltd (WKEY) reported a 39% Y/Y increase in H1 FY23 revenues to $15.1 million, with semiconductor revenue rising 38% Y/Y to $14.8 million. The company and its subsidiaries, including SEALSQ Corp (LAES), had a pipeline of IoT semiconductors products opportunities totaling $60 million in H1. SEALSQ also announced a Distribution Agreement with Symmetry Electronics to expand its North American footprint.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 12:54 pm

ALNY

RHHBY

Alnylam Pharmaceuticals has entered a strategic agreement with Roche Holdings to develop and commercialize zilebesiran, a treatment for hypertension currently in Phase 2 of development. Alnylam will receive an upfront cash payment of $310 million and is eligible for additional payments, including development milestone payments over the next few years, as well as regulatory and sales milestones, for a potential deal value of up to $2.8 billion. Alnylam and Roche will co-commercialize zilebesiran in the U.S., with Roche having exclusive rights to commercialize outside the U.S.

Portfolio Pulse from Vandana Singh

July 24, 2023 | 12:51 pm