Streetbeat News

Partnerships

SSTK

Shutterstock has announced an expansion of its partnership with OpenAI to enhance its high-quality training data offerings. This has led to an increase in Shutterstock's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:16 pm

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) announced that its lithium-ion batteries will be standard equipment in all nuCamp RV travel trailer and truck camper products starting from the 2024 model year. This expands on the previous partnership between the two parties. The company's shares surged by 11.8% following the announcement.

Portfolio Pulse from Shivani Kumaresan

July 11, 2023 | 2:12 pm

PSFE

Paysafe and IC Markets are expanding their existing payments partnership into Latin America. The partnership, which began in 2018, will now offer IC Markets' traders in several Latin American countries access to Paysafe's diverse portfolio of payment options, including digital wallets and local payment methods. The expansion is driven by the region's growing population, rising smartphone adoption, and increasing digitization.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:11 pm

BA

INTC

Boeing and Intel have announced a strategic collaboration to advance semiconductor technology in the aerospace industry. The partnership aims to create next-generation microelectronics applications in artificial intelligence, secure computing, and advanced flight capabilities. The collaboration will leverage Intel's 18A technology and other technologies to create capabilities relevant to national security.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:06 pm

SIRI

The Federal Emergency Management Agency (FEMA) and SiriusXM have announced an expansion of their relationship to enhance the connectivity of FEMA’s Integrated Public Alert & Warning System (IPAWS), National Public Warning System. SiriusXM will provide FEMA with access to secure bandwidth on its proprietary satellite radio system for additional connectivity. SiriusXM will also provide a satellite-based delivery system to FEMA’s NPWS, which consists of 77 designated radio broadcast stations and other relay facilities. SiriusXM has collaborated with FEMA for over two decades, providing dedicated satellite radio receivers for FEMA to distribute during emergencies.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 2:04 pm

KSCP

Georgia State University has chosen Knightscope's reseller TS&L to supply and install K1 Blue Light Towers and Call Boxes at its Downtown Atlanta Campus. The terms of the deal were not disclosed. TS&L has also replenished its Blue Light E-Phone inventory with a 24 unit order. Knightscope's annual shareholder meeting is scheduled for 20 July 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:46 pm

WAVE

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its Jaffa Port Wave Energy Station, marking the official completion of the project.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:32 pm

BGNE

Novartis has terminated its licensing deal with BeiGene to develop, manufacture and commercialize ociperlimab, causing BeiGene shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:29 pm

BGNE

NVS

Beigene and Novartis have mutually agreed to terminate their option agreement to develop, manufacture, and commercialize Ociperlimab, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:28 pm

GWW

J

V

On CNBC's 'Halftime Report Final Trades', Bryn Talkington of Requisite Capital Management named Visa Inc. as a potential bright spot in the financial sector, with the company due to report earnings growth of around 6.6% and revenue growth of 10.8%. Stephen Weiss of Short Hills Capital Partners mentioned Jacobs Solutions Inc., which recently inked an Engineering Partnering Agreement with Fortescue Future Industries. Joseph Terranova of Virtus Investment Partners picked W.W. Grainger, Inc., which reported better-than-expected earnings for its first quarter.

Portfolio Pulse from Lisa Levin

July 11, 2023 | 1:17 pm