Streetbeat News

Partnerships

IONS

Scipher Medicine has entered into a multi-disease area collaboration with Ionis Pharmaceuticals. The partnership will focus on the development of precision therapeutics in disease areas including cardiovascular and CNS. Scipher will use its Spectra platform and proprietary dataset of patient molecular data to identify novel targets for specific patient populations. Ionis can advance targets identified by Scipher and both companies will identify patient subgroups more likely to benefit from therapy, potentially decreasing time to drug approval through targeted clinical trials.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 1:33 pm

CNVS

Cineverse Corp. (NASDAQ:CNVS) is expanding its strategic partnership with Amagi to leverage Amagi CONNECT, a global FAST marketplace. The partnership will allow Amagi to provide its portfolio of FAST channels to Cineverse's streaming service and add Cineverse's streaming channels to the Amagi CONNECT marketplace. This aims to bring more third-party content to Cineverse and expand its international reach. Amagi CONNECT is preferred by many FAST platforms, including LG Channels, Plex, TCL, VIDAA Free, Rakuten TV, Xiaomi, Redbox, Canela, Netgem, and more.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:32 pm

GTLS

Chart Industries, Inc. (NYSE:GTLS) has been selected by X-Energy Reactor Company, LLC as the preferred strategic supplier of its helium circulator system for its Xe-100 high temperature gas cooled advanced modular reactor for the UK market. Chart's Howden business, acquired in 2023, will provide the helium circulators. X-energy and its strategic partner Cavendish Nuclear plan to deploy as many as 40 Xe-100 reactors in the UK from around 2030 onwards.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:29 pm

HII

Huntington Ingalls Industries Inc (NYSE:HII) has formed a strategic partnership with Babcock International Group to explore naval and civil nuclear decommissioning and construction opportunities in the U.K. and U.S. The partnership will also explore opportunities in civil nuclear, including power plant and component design, fabrication and construction in North America and the U.K. They will also look into how their defense capabilities can support the Australia - United Kingdom – United States (AUKUS) programs.

Portfolio Pulse from Shivani Kumaresan

July 17, 2023 | 1:22 pm

AMD

SSNLF

TSM

DigiTimes has reported that Advanced Micro Devices (AMD) is unlikely to shift its 3nm chip orders to Samsung (SSNLF), according to sources. This suggests that AMD will continue its partnership with Taiwan Semiconductor Manufacturing Company (TSM).

Portfolio Pulse from Charles Gross

July 17, 2023 | 1:17 pm

BGXX

Bright Green Corporation (NASDAQ:BGXX) has announced plans to launch a program to support up to 170 universities for cannabis research in the U.S. The company also plans to extend its EB-5 initiative to enable foreign students studying in the U.S. to access EB-5 visas. The EB-5 initiative will provide the benefits of U.S. citizenship to the students and provide capital to the company.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:08 pm

SYF

Synchrony (SYF) has expanded its partnership with At Home to offer customers more payment options and flexibility. The retailer has selected Synchrony as the exclusive provider of a buy now, pay later financing option, Synchrony Pay Later. This product will be in addition to the At Home Insider Perks® credit card. Customers will also now be able to add the At Home Insider Perks® credit card to certain mobile wallets for a more convenient way to pay.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:03 pm

BWV

Blue Water Biotech is seeking a telemedicine partner for its product Entadfi and potentially other assets in its portfolio.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 1:02 pm

ETHUSD

Blockchain network Gnosis, an Ethereum sidechain, has launched Gnosis Pay and Gnosis Card, integrating cryptocurrency with traditional payment systems. Gnosis Pay allows web3 developers to integrate with traditional payment schemes, including Visa. Gnosis Card is a Visa-certified self-custodial consumer debit card connected to an on-chain self-custodial wallet. The card allows purchases anywhere Visa is accepted. The company aims to bridge the gap between on-chain and off-chain worlds and plans to expand to the U.S., Brazil, Mexico, Singapore, and Hong Kong.

Portfolio Pulse from Murtuza Merchant

July 17, 2023 | 12:55 pm

DDOG

IQV

OGN

SLB

On CNBC's 'Halftime Report Final Trades', four stocks were highlighted: IQVIA Holdings, Datadog, Organon & Co., and Schlumberger NV. IQVIA is expected to announce Q2 2023 financial results on Aug. 1, 2023. Datadog has a new integration monitoring OpenAI API usage patterns. Organon, with a 5.5% yield and 5 times earnings, announced the availability of HADLIMA™ in the U.S. Schlumberger is introducing an AI and machine learning platform in the oil space and secured a five-year contract from Petrobras.

Portfolio Pulse from Lisa Levin

July 17, 2023 | 12:45 pm