Streetbeat News

Partnerships

BABA

Alibaba Group's travel services company, Fliggy, has expanded its partnership with global travel booking site Agoda, according to Reuters.

Portfolio Pulse from Charles Gross

June 30, 2023 | 10:14 am

PFE

VGK

The European Union is set to announce a deal with Pfizer and other vaccine manufacturers to reserve capacity for up to 325 million vaccines annually for future health emergencies, according to Reuters.

Portfolio Pulse from Charles Gross

June 30, 2023 | 9:36 am

RDW

Redwire Corporation (NYSE:RDW) is providing critical hardware for the European Space Agency's (ESA) Euclid space telescope mission. The mission aims to create the largest, most accurate 3D map of the universe ever produced.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 9:14 am

SHEL

Iveco Group has reconfirmed its commitment to accelerate the transition to zero-emission mobility, in collaboration with Shell, as per the Memorandum of Understanding (MoU) signed earlier this year. The two companies are working together to develop low-carbon and highly efficient energy solutions.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 9:02 am

NAAS

NaaS Technology Inc. (NASDAQ:NAAS), a U.S. listed EV charging service company in China, has announced a $30M private placement of a convertible note with LMR Partners Limited. The note is convertible into American depositary shares representing the company's ordinary shares. The company and the investor also entered into a derivative arrangement with respect to the ADSs.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 7:27 am

F

GM

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly nearing third-party app support, which could lead to the creation of a Tesla App Store. The company has announced several partnerships with leading automakers for sharing its Supercharger network. The third-party app support could allow other auto companies to have apps that connect to the Tesla network. This news comes as more automakers, including Ford Motor Co (NYSE:F) and General Motors Co (NYSE:GM), partnered with Tesla on access to the Supercharger stations.

Portfolio Pulse from Chris Katje

June 29, 2023 | 10:06 pm

UDR

UDR, Inc., a multifamily real estate investment trust, has announced a $510 million joint venture with LaSalle Investment Management. UDR will contribute four communities totaling 1,328 apartment homes into the joint venture and retain a 51% ownership. The company will receive approximately $250 million in cash proceeds. The joint venture will initially have no debt and is expected to be accretive to FFOA and cash flow per share in the first year.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 8:41 pm

DALN

The Dallas Morning News, owned by DallasNews, will discontinue print editions of its free weekly Al Día and Briefing publications at the end of August due to a failed contract extension with a vendor.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 8:33 pm

IONQ

Quantum computing company IonQ (NYSE:IONQ) has signed a Memorandum of Understanding (MOU) with South Korea's Ministry of Science and ICT. The MOU aims to support education, training, and leadership expansion for quantum industry professionals in South Korea, promoting the creation of a local quantum ecosystem. The agreement reflects a mutual cooperation to support South Korea's growing quantum computing industry.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 8:09 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) shares are trading lower despite the company announcing an expanded partnership with 4blue. The partnership will allow Enphase to distribute IQ Microinverters and IQ Batteries in the Netherlands, Germany, Belgium, and Luxembourg. Enphase's stock is down about 12% over the last month and approximately 40% year-to-date.

Portfolio Pulse from Ryan Gustafson

June 29, 2023 | 7:32 pm