Streetbeat News

Partnerships

ATXG

Addentax Group has partnered with GW Reader Sdn Bhd to launch a project focusing on the development of AI Online Operational Tools. GW Reader's AI technology and expertise will be utilized to enhance the capabilities of the project.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:17 pm

ATOS

Atossa Therapeutics has announced a sponsored research agreement with Weill Cornell Medicine to study the potential of inducing estrogen receptor expression in triple negative breast cancer.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:17 pm

BTCUSD

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) provided a Bitcoin production and mining update for June, revealing that it produced 979 bitcoin, down 21% from May but up 599% YoY. The decrease was due to weather-related issues and a decline in transaction fees. The company also announced a new joint venture in Abu Dhabi and reported that it energized 18,500 Bitcoin miners in June, increasing its operational hash rate by 16% to 17.7 EH/s. Marathon Digital sold 700 bitcoin in June and ended the month with $113.7 million in cash and equivalents.

Portfolio Pulse from Adam Eckert

July 06, 2023 | 1:15 pm

AMZN

RIVN

Amazon.com has rolled out over 5,000 custom electric delivery vans across the U.S. as part of its commitment to decarbonize its delivery fleet. The electric vans are from Rivian.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:11 pm

GOOG

TSM

Google has postponed the release of its fully custom phone chip until 2025. Additionally, Google plans to replace Samsung with TSMC for chip manufacturing.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:10 pm

AMZN

RIVN

Amazon has rolled out over 5,000 custom electric delivery vans across the U.S., as part of its commitment to achieve net-zero carbon by 2040. The company partnered with Rivian to bring 100,000 electric delivery vehicles on the road by 2030. Amazon's custom electric vans are now delivering in more than 800 U.S. cities. The company also plans to invest more than 1 billion euros over the next five years to further electrify and decarbonize its transportation network across Europe.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:10 pm

SSTK

Shutterstock, Inc. (NYSE:SSTK) has announced its offering to provide enterprise customers with full indemnification for the license and use of generative AI images on its platform. The company will fulfill indemnification requests on demand via human review to protect its customers against potential claims related to their use of generative AI images. This move follows Shutterstock's recent launch of its AI Design Assistant and DALL·E-powered AI Image Generator. The company has also partnered with NVIDIA, Meta, OpenAI, LG and other tech industry leaders to develop foundational generative AI tools and standards.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 1:05 pm

PBTS

Powerbridge Technologies has announced a strategic joint venture aimed at driving digital financial innovation for the agriculture and livestock industries. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:05 pm

PBR

SLB

Schlumberger (SLB) has been awarded a five-year contract for Petrobras' (PBR) digital transformation. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 1:03 pm

HNHPF

MSFT

NVDA

SFTBF

SoftBank Group Corp has joined a $170 million funding round for Tokyo-based robot maker Telexistence Inc. The funds will be used to expand to the U.S. and increase headcount. Telexistence will enter a strategic partnership with SoftBank Robotics Group Corp to commercialize its robots in North America. The company already collaborates with Microsoft Corp and Nvidia Corp. Foxconn is investing via a joint fund set up with CTBC.

Portfolio Pulse from Anusuya Lahiri

July 06, 2023 | 12:55 pm