Streetbeat News

Partnerships

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares continue to rise after hitting new 52-week highs. The surge is driven by a new partnership with SpecterOps, strong demand for its AI platform, and better-than-expected quarterly results. The company has scheduled its second-quarter financial results for Aug. 7.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 1:01 pm

HPQ

THD

HP is planning to relocate part of its notebook production to Thailand, with Quanta Computer serving as its primary supplier, according to DigiTimes.

Portfolio Pulse from Charles Gross

July 18, 2023 | 12:53 pm

XELA

Exela Technologies, Inc. (NASDAQ: XELA, XELAP) announced that it has signed several additional US counties for its Digital Mailroom solution, contributing to its ITPS segment which generated $765 million of revenue in 2022. The company is working with various counties to provide a secure, end-to-end solution for digital transformation and compliance requirements.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 12:47 pm

MSFT

TDOC

Teladoc Health Inc (TDOC) shares are trading higher after the company announced an expanded collaboration with Microsoft Corp (MSFT) to address the healthcare workforce crisis. The collaboration will integrate Microsoft Azure OpenAI Service, Azure Cognitive Services, and the Nuance Dragon Ambient eXperience into the Teladoc Health Solo platform. The solutions will automate the clinical documentation process during virtual exams and improve the quality of shared medical information.

Portfolio Pulse from Adam Eckert

July 18, 2023 | 12:41 pm

BPTS

MICS

PLTR

Biophytis partners with SEQENS to produce Sarconeos (BIO101) active compound, causing a surge in BPTS stock by 87%. Singing Machine expands retail presence with Walmart, leading to a 50% increase in MICS stock. Palantir's FedStart offering now includes BloodHound Enterprise from SpecterOps, resulting in a 4% rise in PLTR stock.

Portfolio Pulse from ryanfaloona@benzinga.com

July 18, 2023 | 12:40 pm

GNPX

Genprex, Inc. (NASDAQ: GNPX) has signed an exclusive license agreement with the University of Pittsburgh for a gene therapy for both Type 1 and Type 2 diabetes. The therapy uses the genes of the Pdx1 and MafA transcription factors controlled by a MafB promoter. The newly licensed technology is based on the same general gene therapy approach under Genprex's original license. Preclinical data shows significant decreases in insulin requirements, increases in c-peptide levels, and improvements in glucose tolerance.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 12:39 pm

MGRM

Monogram Orthopaedics has secured its first conditional purchase order to initiate a pilot program with a global distributor. The specifics of the deal, including the distributor's name and the financial terms, were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:32 pm

KULR

KULR Technology Group, Inc (NYSE:KULR) has announced a collaboration with Cirba Solutions, a battery materials and management processor. The partnership aims to develop a safe transportation platform for lithium-ion batteries using KULR's SafeCASE and Cirba Solutions' logistics and recycling services. The collaboration is an exclusive nationwide program for consumer lithium-ion batteries focused on sustainability and compliant recycling in the U.S. KULR shares closed higher by 13.3% at $0.92 on Monday.

Portfolio Pulse from Anusuya Lahiri

July 18, 2023 | 12:31 pm

STGW

Stagwell (NASDAQ:STGW) has acquired Tinsel Experiential Design, a marketing and design studio focused on immersive customer experiences. Tinsel will join Stagwell's Constellation Network of agencies, complementing TEAM Enterprises with creative resources and integrated production capabilities. The acquisition is part of Stagwell's strategy to expand its experiential offerings to clients. Financial terms of the deal were not disclosed.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 12:31 pm

AAPL

AMZN

Spain's Communications and Markets Regulator has stated that Amazon and Apple agreed to include clauses in their contracts that affected the sale of Apple and other branded products on Amazon's website in Spain.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 12:27 pm