Streetbeat News

Partnerships

ARGGY

LCID

TSLA

Aston Martin partners with Lucid Group to accelerate its high-performance EV strategy. Lucid will provide powertrain components and systems, gaining a 3.7% stake in Aston Martin. The collaboration will help Aston Martin launch its first all-electric model in 2025.

Portfolio Pulse from Upwallstreet

June 26, 2023 | 2:34 pm

BTCUSD

Cryptosat has partnered with Dfns Labs to develop a Space Wallet, designed to secure high-value transactions using a threshold signature scheme with a satellite as a co-signer. The wallet is compatible with the Bitcoin blockchain and aims to reduce the risk of physical access-based attacks.

Portfolio Pulse from Murtuza Merchant

June 26, 2023 | 2:30 pm

SPY

President Biden announced that 35,000 infrastructure projects and billions of dollars in private sector manufacturing investments will be coming to communities across America due to the Investing in America Agenda.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 2:26 pm

SPOT

AEG Presents, Spotify, and Gold House hosted the Gold House Music Futures Showcase to support the advancement of API talent in the music industry. The event featured performances by three rising API musicians and provided them with opportunities to record and release Spotify Singles and participate in masterclass experiences.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 2:18 pm

BNBUSD

FTTUSD

Bybit has secured a license to operate a crypto exchange and provide custody services in Cyprus, allowing it to offer trading and financial services related to crypto assets. Cyprus is becoming a hotspot for cryptocurrency activities, with EU businesses preparing for the implementation of the Markets in Crypto Assets (MiCA) regulation.

Portfolio Pulse from Murtuza Merchant

June 26, 2023 | 2:18 pm

AMZN

APO

HSBC

LCID

PFE

The Federal Reserve is set to release stress test results for 23 banks, with expectations of sufficient capital levels. Deutsche Bank faces challenges with clients' missing Russian shares. Amazon plans to invest $26 billion in India by 2030. Lucid Group partners with Aston Martin for EV technology. Virgin Galactic announces its first commercial spaceflight crew. Pfizer discontinues one weight loss candidate while continuing another. XPeng plans to unveil its G6 Ultra Smart Coupe SUV. HSBC will exit Canary Wharf and set up a new HQ. Goldman Sachs begins laying off managing directors. Apollo backs Wolfspeed with $2 billion for expansion. JD.com plans to create an autonomous division.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 1:54 pm

AVCNF

MEDIF

Avicanna Inc. (AVCNF) extends its strategic manufacturing agreement with Medipharm Labs Inc. (MEDIF) for the commercialization of Avicanna's proprietary cannabinoid-based self-emulsifying drug delivery systems (SEDDS) technology capsules in Canadian and international markets. The capsules will be commercialized under the RHO Phyto brand and MediPharm Labs brand.

Portfolio Pulse from Vuk Zdinjak

June 26, 2023 | 1:37 pm

CHWY

Chewy (NYSE: CHWY) has expanded its CarePlus pet insurance and wellness offerings nationwide, featuring coverage options and price points from Lemonade Pet and Trupanion. The plans are now available across the U.S., including California, Florida, New York, and Washington, catering to Chewy's 20 million+ customers.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 1:33 pm

ABBV

CLGN

CollPlant Biotechnologies (CLGN) shares are trading higher after achieving a clinical phase dermal filler product milestone in its collaboration agreement with AbbVie (ABBV). CollPlant is set to receive a $10 million payment as a result.

Portfolio Pulse from Adam Eckert

June 26, 2023 | 1:18 pm

LCID

Lucid Group has entered into a definitive agreement to establish a long-term strategic technology partnership with Aston Martin. The deal, worth over $450 million, will see Lucid supply its electric vehicle powertrain and battery systems to Aston Martin, marking the first such relationship for Lucid's technology arm.

Portfolio Pulse from Shivani Kumaresan

June 26, 2023 | 1:08 pm