Streetbeat News

Partnerships

GDYMF

PLUG

Plug Power has been chosen to supply two 5 MW PEM electrolyzers for green hydrogen projects in Australia. This could potentially increase the company's revenue and market presence.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 4:52 am

GOEV

EV startup Canoo Inc (NASDAQ:GOEV) will provide specially designed electric crew transportation vehicles for NASA's Artemis missions to the Moon. The vehicles, which can transport four astronauts in spacesuits along with support personnel and specialized equipment, were delivered to NASA’s Kennedy Space Center in Florida. The vehicles will be used for astronaut training exercises at the spaceport prior to Artemis II, scheduled for November 2024.

Portfolio Pulse from Anan Ashraf

July 12, 2023 | 4:43 am

ABNB

ELOX

PRFX

ROKU

TSLA

Five stocks, Eloxx Pharmaceuticals, Airbnb, Tesla, PainReform, and Roku, drew significant investor attention. Eloxx's stock surged after Oppenheimer raised its price target. Airbnb's stock rose due to solid supply trends in the U.S. and increased TSA passenger data. Tesla's stock increased slightly after Ark Investment Management suggested higher potential platform fees for Tesla's autonomous ride-hailing. PainReform's stock skyrocketed due to unusually high trading volume. Roku's stock jumped after announcing a partnership with Shopify.

Portfolio Pulse from Benzinga Newsbot

July 12, 2023 | 12:45 am

MSFT

KPMG and Microsoft have announced a significant expansion of their global relationship, which includes a multibillion-dollar commitment from KPMG in Microsoft's cloud and AI services over the next five years. The alliance aims to modernize the workforce, ensure safe and secure development, and use AI solutions for clients, industries, and society.

Portfolio Pulse from Charles Gross

July 11, 2023 | 9:02 pm

DIS

Disney is exploring strategic options for its business in India, according to the Wall Street Journal. The company is considering various possibilities, including selling its stake or finding a strategic partner.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:28 pm

COIN

Coinbase has reached a surveillance-sharing agreement for five of its spot bitcoin ETF applications, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:48 pm

INCY

SNDX

Guggenheim Partners initiated coverage on Syndax Pharmaceuticals Inc (SNDX) with a BUY rating and a price target of $40. The company's lead asset, revumenib, is seen as a potential breakthrough in the treatment of certain leukemias. The company's second program, axatilimab, partnered with Incyte Pharmaceutical Inc (INCY), is also seen as a valuable asset.

Portfolio Pulse from Vandana Singh

July 11, 2023 | 7:43 pm

ROKU

SHOP

Roku, Inc. (NASDAQ:ROKU) announced a partnership with Shopify (NYSE:SHOP) that allows viewers to purchase products from Shopify merchants directly from their TV. This is the first commerce integration for independent Shopify merchants on TV streaming, providing a new advertising channel for merchants. Following the announcement, Roku's shares rose by 11.6%.

Portfolio Pulse from Ryan Gustafson

July 11, 2023 | 7:29 pm

ROKU

Roku has announced a partnership with Shopify, allowing viewers to purchase products directly from their TV through Roku Action Ads. This has led to an increase in Roku's share price.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:24 pm

UPWK

Upwork Inc. (NASDAQ:UPWK) shares are trading higher after the company announced the launch of a new generative AI tools and services hub. The hub facilitates connections between companies and AI professionals worldwide. A partnership with Jasper will bring modern generative AI tools to Upwork. The company's adoption of generative AI has led to a 450% growth in weekly job posts related to generative AI compared to last year.

Portfolio Pulse from Ryan Gustafson

July 11, 2023 | 7:22 pm