Streetbeat News

Partnerships

SOL

Emeren Group Ltd (NYSE:SOL) has partnered with Matrix Renewables to develop up to 1.5 GW of Battery Energy Storage Systems (BESS) in Italy. The first portfolio includes over 260 MW of standalone BESS projects.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 10:04 am

GOOGL

QCOM

The first comprehensive leaks of Samsung's Galaxy Z Flip 5 reveal a 3.4-inch cover display and a droplet-style folding technique. Samsung and Alphabet's Google have reportedly teamed up to offer customized Google apps for the cover display. The phone is expected to launch in the last week of July.

Portfolio Pulse from Rounak Jain

June 27, 2023 | 9:23 am

MSFT

NVDA

SNOW

Snowflake Inc is partnering with NVIDIA Corp to help businesses create customized generative AI applications using their proprietary data in the Snowflake Data Cloud. The integration of NVIDIA NeMo with Snowflake will enable enterprises to build custom LLMs for advanced AI services. Snowflake also recently expanded its partnership with Microsoft.

Portfolio Pulse from Lekha Gupta

June 27, 2023 | 9:19 am

HNHPF

RIDE

Lordstown, Inc. (NASDAQ:RIDE) has filed for Chapter 11 bankruptcy protection and is suing its manufacturing partner, Foxconn (OTC:HNHPF), for alleged fraud and failure to meet commercial and financial commitments. Lordstown is also marketing and selling its Endurance EV pickup truck and related assets.

Portfolio Pulse from Shanthi Rexaline

June 27, 2023 | 9:18 am

NVDA

SNOW

Snowflake and NVIDIA have announced a partnership to provide businesses with an accelerated path to create customized generative AI applications using their own proprietary data within the Snowflake Data Cloud. The integration of NVIDIA NeMo with Snowflake will enable enterprises to build custom large language models for advanced generative AI services, such as chatbots and search.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:20 am

KONEF

The Multidisciplinary Association for Psychedelic Studies (MAPS) sponsored a Psychedelic Science conference in Denver, attracting over 12,000 attendees. The event focused on psychedelic-assisted therapies as mental health treatments. Sponsors included Wellbeing Digital (OTC:KONEF) and Dr. Bronner’s.

Portfolio Pulse from Lara Goldstein

June 26, 2023 | 9:06 pm

SLG

SL Green Realty Corp (NYSE:SLG) announced the sale of a 49.9% stake in the 245 Park Avenue location to a U.S. affiliate of Mori Trust Co. Ltd, valuing the asset at $2 billion. The deal comes amid the commercial real estate sector's adjustment to hybrid work models and marks a vote of confidence in New York's office market. SL Green is also a reliable dividend payer, with a 13.8% dividend yield.

Portfolio Pulse from AJ Fabino

June 26, 2023 | 9:02 pm

FTI

TechnipFMC has been awarded a significant subsea contract by Azule Energy in Angola, with the contract value estimated to be between $75M and $250M.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 8:31 pm

INSE

Inspired Entertainment (NASDAQ: INSE) has signed a long-term contract extension with bet365 to continue providing Virtual Sports content. The agreement includes the latest products and licensed games, expanding bet365's Virtual Sports offerings.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:16 pm

MSFT

OpenAI plans to evolve its ChatGPT chatbot into a 'supersmart personal assistant for work,' potentially rivaling Microsoft, which invested $10 billion for a 49% stake in the company. The enhancement of ChatGPT could cause conflicts of interest with Microsoft, its investor, and cloud provider.

Portfolio Pulse from AJ Fabino

June 26, 2023 | 7:53 pm