Streetbeat News

Partnerships

NVDA

Nvidia is reportedly nearing a deal to take an equity stake in Lambda Labs, a startup that competes with Amazon Web Services in renting servers with Nvidia chips to other companies. The deal could total $300 million in new capital and might value Lambda Labs at over $1 billion. This follows Nvidia's similar equity stake in CoreWeave, a Lambda rival.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:24 pm

TDOC

Teladoc Health is expanding its collaboration with Microsoft in AI to address the healthcare workforce crisis. This news has led to an increase in Teladoc's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:20 pm

ICAD

iCAD, Inc. (NASDAQ:ICAD) has signed a multi-year commercial agreement with Radiology Partners, the largest radiology practice in the US. Under the agreement, iCAD will provide its breast AI technologies to Radiology Partners, expanding access to the company's Breast AI Suite to thousands of physicians and millions of patients. The agreement aligns with Radiology Partners' vision to partner with leading AI companies and is expected to transform the standard of care in mammography screening.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:20 pm

MICS

WMT

The Singing Machine Company (NASDAQ: MICS) has announced the launch of a new party accessory product line, available in approximately 866 Walmart (NYSE: WMT) stores nationwide. The product, a children's party microphone, will be merchandised in the Walmart Celebrations Party & Occasions department. The company sees this as a promising area of growth and aims to consolidate and build its market share, deepen relationships with key retail partners, and expand product margins.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:16 pm

STLA

Stellantis has secured direct agreements for semiconductors with a purchasing value of over €10 billion through 2030. The agreements cover a variety of vital microchips.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:12 pm

ARDS

BPTS

KPTI

MASI

NMTR

Biophytis S.A. (BPTS) shares surged 53.9% after signing a partnership with SEQENS to produce Sarconeos (BIO101) active compound. Aridis Pharmaceuticals, Inc. (ARDS) shares gained 41.8% after EMA announced positive feedback on the company's proposed Phase 3 study AR-301. Karyopharm Therapeutics Inc. (KPTI) rose 26.1% after receiving FDA Fast Track Designation for Selinexor for Myelofibrosis. 9 Meters Biopharma, Inc. (NMTR) fell 59% and Masimo Corporation (MASI) fell 27.3% after reporting weak preliminary revenue results for Q2.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 12:12 pm

MSFT

TDOC

Teladoc Health (TDOC) is expanding its collaboration with Microsoft (MSFT) to integrate Microsoft Azure OpenAI Service, Azure Cognitive Services, and the Nuance Dragon Ambient eXperience (DAX) into the Teladoc Health Solo platform. The integration aims to automate clinical documentation during virtual exams, easing the burden on healthcare workers and improving the quality of shared medical information. The Teladoc Health Medical Group also plans to use Nuance DAX Express for care visits provided directly by Teladoc Health.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:10 pm

DIS

GOOG

INDA

Disney has approached an Indian court to prevent Google from removing its app from the Play Store due to Disney's refusal to use Google's in-app billing system. The move could potentially impact Disney's user base and revenue in India.

Portfolio Pulse from Charles Gross

July 18, 2023 | 12:07 pm

CX

SaverOne 2014 has secured a significant contract to install its technology across the entire fleet of Cemex Israel, a subsidiary of the global Cemex Group. This follows two previous orders from Cemex Israel.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 12:06 pm

DRTT

DIRTT Environmental Solutions Ltd. and Built Interior Construction have announced $2 million in construction projects. The projects are expected to boost the revenues of both companies.

Portfolio Pulse from Bill Haddad

July 18, 2023 | 12:04 pm