Streetbeat News

Partnerships

BALY

Bally's Corporation has signed a multi-year live dealer agreement with Stakelogic, following the passage of the Rhode Island iGaming bill. This extends Bally's role as the sole active casino operator in the state to now include iGaming. Bally's plans to offer popular online live casino games such as Blackjack, Roulette and Baccarat in Rhode Island starting from April 2024.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:18 pm

CWBHF

TSX:CWEB

Charlotte's Web Holdings, Inc. (TSX:CWEB) (OTCQX:CWBHF) has expanded its offerings with ReCreate, a lifestyle and botanical wellness brand, which has become the Official CBD of the Premier Lacrosse League (PLL). This follows the company's collaborations with Major League Baseball (MLB) and Angel City Football Club (ACFC), reinforcing its position in the sports industry. The partnership emphasizes the brand's focus on the well-being and recovery of professional lacrosse players and their fans.

Portfolio Pulse from Joana Scopel

July 12, 2023 | 8:04 pm

META

Meta Platforms Inc (NASDAQ:META) has partnered with LegitScript to provide certification for specific topical, non-ingestible CBD products and corresponding marketing websites. This collaboration grants LegitScript the exclusive authority, approved by Meta, to vet advertisers operating in the CBD products and websites space. This partnership presents new opportunities for CBD manufacturers and distributors to expand their reach through the world's largest social media platform.

Portfolio Pulse from Joana Scopel

July 12, 2023 | 7:48 pm

CVS

GDRX

GoodRx Holdings, Inc. (GDRX) and CVS Caremark have announced the launch of Caremark Cost Saver, a program aimed at lowering pharmacy out-of-pocket drug costs for CVS Caremark client members. The program provides automatic access to GoodRx's prescription pricing. The news has led to a rise in GDRX shares by 22.4%. Keybanc analyst Scott Schoenhaus maintained GoodRx Holdings at Sector Weight.

Portfolio Pulse from Ryan Gustafson

July 12, 2023 | 7:34 pm

COIN

USDCUSD

Coinbase Global Inc (NASDAQ:COIN) has integrated a new messaging feature into its Wallet, in partnership with XMTP, an open protocol and network for secure Web3 messaging. The feature combines messaging and payments, eliminating the need for separate apps. It offers end-to-end encryption and allows users to directly message any .eth, .cb.id, or .lens address, make offers on NFTs directly through their wallets, engage with their communities and send payments across thousands of coins, including gas-free USD Coin (CRYPTO: USDC).

Portfolio Pulse from Murtuza Merchant

July 12, 2023 | 6:57 pm

KO

Coca-Cola Company and eight global bottling partners have established a $137.7 million venture capital fund for sustainability investments. The fund, managed by Greycroft, will focus on packaging, decarbonization, and other initiatives to reduce carbon footprint. The bottlers' $15 million committed capital represents nearly half of Coca-Cola system volume worldwide. The fund will invest in companies at the point of commercialization.

Portfolio Pulse from Shivani Kumaresan

July 12, 2023 | 6:51 pm

ETHUSD

META

Ethereum Worlds, creators of Ethereum Towers, have announced the final mint of their luxury metaverse apartments for July 13. The apartments are customizable and owners can manage their assets using the Web Companion App. Ethereum Worlds has partnered with Trustless to provide apartment owners with access to events. The Ethereum Towers community is currently testing the platform and owners will soon be able to access their apartments via a headset from Meta Platforms Inc.

Portfolio Pulse from Murtuza Merchant

July 12, 2023 | 4:36 pm

NVDA

RXRX

Recursion Pharmaceuticals Inc (RXRX) shares are trading higher after the company announced a $50 million investment by NVIDIA Corporation (NVDA). Recursion plans to accelerate the development of its AI foundation models for biology and chemistry, in collaboration with NVIDIA. The company also plans to utilize its vast proprietary biological and chemical dataset to accelerate the training of foundation models on NVIDIA DGX Cloud for possible commercial license/release on BioNeMo, NVIDIA's cloud service for generative AI in drug discovery.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 4:26 pm

AMD

INTC

QCOM

Schneider Electric has partnered with Intel and Applied Materials to launch the Catalyze program, aimed at decarbonizing the semiconductor value chain. The initiative will focus on energy efficiency, renewable energy, and circular economy solutions.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 4:04 pm

ROKU

SHOP

Roku Inc has formed a partnership with FreeWheel to create a comprehensive solution for advertisers and publishers, aiming to unlock the full potential of streaming TV. Roku has integrated its demand application programming interface (dAPI) into FreeWheel's TV platform to enable this partnership. This collaboration will allow publishers to use Roku platform signals to target audiences and estimate campaign performance. Earlier this week, Roku also announced a partnership with Shopify, enabling viewers to purchase products from Shopify merchants directly on their TVs.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 3:56 pm