Streetbeat News

Partnerships

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

UPWK

Upwork (NASDAQ:UPWK) has announced a major expansion of AI offerings and resources, including the launch of a new AI Services hub. The hub connects companies with skilled independent professionals in AI fields and offers new features powered by OpenAI technologies. Upwork has also partnered with Jasper, a generative AI content generation platform, to offer modern generative AI tools. The company has seen a 450% growth in weekly job posts related to generative AI compared to last year.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 1:04 pm

XPOF

Xponential Fitness has signed a master franchise agreement in France for Club Pilates. This marks a significant expansion of the company's operations in Europe.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:04 pm

AYX

Alteryx, Inc. (NYSE:AYX) has announced a partnership with the San Francisco Unicorns as the inaugural Major League Cricket season begins in the United States. As part of Alteryx Fanalytics, the company will showcase analytics insights and applications across the sport. Alteryx branding will appear on select team apparel, event venues, and during live game coverage.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 1:02 pm

SSTK

Shutterstock, Inc. (NYSE:SSTK) has expanded its partnership with OpenAI through a new six-year agreement. Shutterstock will provide high-quality training data for OpenAI models, solidifying its position as a leading provider in this field. The expanded collaboration includes a license for OpenAI to access additional Shutterstock training data, including image, video, and music libraries. Shutterstock will also gain priority access to the latest OpenAI technology and continue to leverage DALL·E's generative text-to-image capabilities.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 1:02 pm

LEBGF

TOON

Kartoon Studios, Inc (NYSE:TOON) has announced plans to launch STAN LEE COMICS, a line of digital and print comic books based on never-before-released stories and characters created by Stan Lee. The company is partnering with online book streaming platform and multimedia publisher Legible Inc (OTC: LEBGF) to develop and distribute approximately 12 original comic book series. Recently, Legible secured print and digital print rights to bring a selection of Kartoon Studios’ IP to life through multimedia-enriched eBooks.

Portfolio Pulse from Anusuya Lahiri

July 11, 2023 | 1:00 pm

LEBGF

TOON

Kartoon Studios' subsidiary, Stan Lee Universe LLC, has partnered with Legible for the publication and distribution of Stan Lee comics across a broad digital and print platform.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:00 pm

NWTN

NWTN has signed a Memorandum of Understanding (MOU) with the Abu Dhabi Department of Economic Development to promote the auto industry in Abu Dhabi. The MOU includes the establishment of an integrated production line and expansion of NWTN's factory in Abu Dhabi. The agreement aims to advance the modern automobile industry and transportation in Abu Dhabi, in line with the Industrial Vision 2031.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 12:51 pm

DDD

3D Systems (NYSE:DDD) and Oerlikon AM have entered a collaboration agreement to scale metal additive manufacturing. The collaboration aims to catalyze metal AM applications in high-criticality markets such as semiconductor and aerospace. As part of the agreement, Oerlikon AM is acquiring its fourth 3D Systems DMP Factory 500 system, the first in the U.S., to be part of the manufacturing workflow in its North Carolina facility.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 12:47 pm