Streetbeat News

Partnerships

JNJ

TSM

Investor sentiment declines as Nasdaq falls 2%. Cathie Wood's Ark Invest reduces GM stake and buys more Taiwan Semiconductor shares. UK Finance Ministry disagrees with calls to regulate crypto as gambling. CoinDesk is on the verge of a $125M acquisition. Microsoft-Activision deal may be heading towards settlement talks. AutoNation expected to report lower Q2 earnings. Starbucks partners with K-Pop stars BLACKPINK for potential sales boost. J&J investors will soon be able to exchange shares for Kenvue stocks.

Portfolio Pulse from Akanksha Bakshi

July 21, 2023 | 10:24 am

LTRY

Lottery.com has entered into a funding agreement with United Capital Investments London, Ltd. The terms of the agreement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 10:08 am

ABBV

GMAB

The European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion for Epcoritamab (Tepkinly), a drug developed in partnership by Genmab and AbbVie, for the treatment of relapsed/refractory diffuse large B-cell lymphoma.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 8:34 am

CYBN

Cybin has announced the publication of a sponsored feasibility study validating Kernel's Flow1 neuroimaging technology for measuring psychedelic effects on the brain.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 8:09 am

BGLC

DWAC

GFAI

SIRI

TSLA

US stocks traded mixed with the Nasdaq Composite falling nearly 250 points. Digital World Acquisition Corporation (DWAC) settled fraud charges with the SEC related to material misrepresentations made to investors. Guardforce AI (GFAI) announced a partnership with Concorde to provide automated security solutions in Singapore. Tesla (TSLA) reported quarterly record revenue of $24.93 billion. BioNexus Gene Lab (BGLC) announced the pricing of its Public Offering of 1,250,000 shares. Sirius XM (SIRI) shares surged on abnormally high volumes and were halted several times for volatility.

Portfolio Pulse from Benzinga Neuro

July 21, 2023 | 1:29 am

KPOP

MCD

SBUX

Starbucks Corp (NYSE:SBUX) is partnering with K-pop group BLACKPINK to launch limited-time beverages and merchandise. The launch will begin on July 25 and will be centered on Starbucks locations in the Asia Pacific region. The partnership includes a new BLACKPINK-themed Strawberry Choco Cream flavored Frappuccino and 17 items of merchandise. The items will be available while supplies last at stores in Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam.

Portfolio Pulse from Chris Katje

July 20, 2023 | 10:19 pm

MDRX

Veradigm, a division of Allscripts Healthcare Solutions (MDRX), has signed two multi-year agreements with healthcare providers during Q2. The details of the agreements were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:15 pm

CDNS

Cidara Therapeutics is continuing its collaboration with Janssen to complete Phase 1 and Phase 2a clinical trials. The trials are registered under the identifiers NCT05285137, NCT05619536, and NCT05523089.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:05 pm

CDTX

JNJ

Cidara Therapeutics announced that its partner, Janssen, plans to discontinue the majority of its infectious disease pipeline. However, Janssen has not indicated any intention to terminate its agreement with Cidara. The two companies continue to collaborate on Phase 1 and Phase 2a clinical trials, with Janssen reimbursing Cidara for all ongoing development activities.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 9:04 pm

IGT

International Game Technology (IGT) has deployed cloud-based lottery systems for Totalizator Sportowy in Poland. This move is expected to enhance the efficiency and reach of Totalizator Sportowy's operations.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 8:38 pm