Streetbeat News

Partnerships

AMZN

Amazon has launched Amazon Hub Delivery, a new service aimed at empowering local businesses across the U.S. by providing them with a platform to offer delivery services to Amazon customers.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 6:25 pm

MRNA

PFE

The COVAX initiative, run by Gavi, the WHO, and CEPI, has a $2.6 billion surplus that could be used for future pandemics or vaccine manufacturing in Africa. Around $600 million is allocated as a contingency fund, while $2 billion was refunded by drugmakers. Gavi is proposing a financial support system to help new manufacturers bring products to market competitively.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 5:47 pm

COIN

HUT

Hut 8 Mining Corp. (NASDAQ:HUT) has secured a credit facility of up to $50 million from Coinbase Global Inc.'s (NASDAQ:COIN) Coinbase Credit. The credit facility will be used for general corporate purposes, providing Hut 8 with increased financial flexibility.

Portfolio Pulse from Murtuza Merchant

June 26, 2023 | 5:44 pm

TTE

TotalEnergies (NYSE:TTE) has signed a strategic deal with Petronas' Gentari Renewables to develop renewable energy projects in the Asia Pacific region. The partnership includes the 100MW Pleasant Hills Solar Project in Queensland, Australia. This deal aligns with TTE's goal to reach net zero by 2050 and have a gross renewable electricity generation installed capacity of 18 GW by H1 2023.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 5:32 pm

EQNR

LNG

Cheniere Energy's subsidiary, Cheniere Marketing, has signed a 20-year LNG sale and purchase agreement with ENN LNG, a subsidiary of ENN Natural Gas. ENN will purchase 1.8 million tonnes per annum of LNG, with deliveries expected to start in mid-2026. This is the second long-term deal between the two companies.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 4:59 pm

SPY

President Biden and the Vice President announced a significant high-speed internet infrastructure plan at the White House.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:08 pm

BIOL

Biolase has been pre-solicited by the Department of Defense for dental equipment and supplies manufacturing, specifically for the company's Waterlase Express Endodontic Laser. Biolase is the sole manufacturer and distributor of the Waterlase iPlus Laser in the USA.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 3:48 pm

PBR

TTE

TotalEnergies SE, Petronas, and Mitsui have partnered to develop a carbon storage hub in Malaysia. They will evaluate CO2 storage sites in the Malay Basin, including saline aquifers and depleted offshore fields.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 3:22 pm

MSFT

SNOW

Snowflake shares are trading higher after announcing an expanded partnership with Microsoft, bringing generative AI models and machine learning capabilities to the data cloud. The partnership will enable new product integrations across AI, low code/no code application development, and data governance.

Portfolio Pulse from Erica Kollmann

June 26, 2023 | 2:59 pm

CSIQ

SAN

Canadian Solar's subsidiary Recurrent Energy has secured a €150 million multicurrency facility with Santander Corporate & Investment Banking. The facility will support Recurrent Energy's growth and strategy to retain greater asset ownership in select markets.

Portfolio Pulse from Akanksha Bakshi

June 26, 2023 | 2:58 pm