Streetbeat News

Partnerships

FSR

MGA

Fisker Inc has started delivering its first Ocean One launch edition SUVs to customers in the United States, with 22 vehicles handed over in Los Angeles. More deliveries are scheduled throughout the summer. Fisker has partnered with Magna International Inc as a contract manufacturer for its EVs.

Portfolio Pulse from Anan Ashraf

June 26, 2023 | 3:47 am

GOLD

Valor Resources has entered into a binding Earn-in agreement with Barrick Gold Corporation for the Charaque Project in Peru. Barrick will have a 5-year option to acquire a 70% interest in the project for cash payments totaling $800,000 and exploration spending of $3,000,000.

Portfolio Pulse from Charles Gross

June 25, 2023 | 11:28 pm

V

Visa (NYSE:V) and Hyundai Card, a leading credit card company in Korea, announced a strategic business partnership to collaborate on developing insights and value from payments data.

Portfolio Pulse from Charles Gross

June 25, 2023 | 11:23 pm

AXSUSD

Jihoz, co-founder of Axie Infinity and Sky Mavis, discussed the future of Web3 gaming and NFTs at the Benzinga Crypto Unlocked virtual event. He believes games are the best way to onboard people to Web3 and highlighted the potential of dynamic NFTs. Jihoz also shared updates on Axie Infinity Homeland, Ronin's expansion, and the recovery of funds from last year's North Korean breach.

Portfolio Pulse from Jose Rodrigo Safdiye

June 25, 2023 | 10:00 pm

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FFIE

FSR

NKLA

RIDE

RIVN

TSLA

EV stocks moved down in the week ending on June 23, with Tesla Cybertruck sightings increasing and Rivian partnering with Tesla for charging. Nikola faced a fire incident, Ford received $9.2B DOE funding, and Fisker began US deliveries. Lordstown founder sold his entire stake, and Faraday Future delayed deliveries.

Portfolio Pulse from Shanthi Rexaline

June 24, 2023 | 2:13 pm

AMZN

BA

DIS

NVDA

TSLA

The S&P 500 and Nasdaq ended their multiple week long winning streaks, falling by 1.4% each. Tesla's charging partnership with General Motors and Ford is seen as a big opportunity for the EV industry. Amazon launches a Generative AI Innovation Center, while Boeing receives fresh orders from China Airlines and Air Algérie. NVIDIA's stock chart shows a bearish pattern, and Disney faces a lawsuit over a popular franchise.

Portfolio Pulse from Michael Cohen

June 24, 2023 | 1:32 pm

SPOT

Spotify's high-profile podcast partnership with Prince Harry and Meghan Markle's Archewell Audio has ended, with only one season of 'Archetypes' produced. The failure reflects the broader trend of celebrity-driven content not materializing, impacting the podcast industry and leading to job losses among regular producers, editors, and engineers. Spotify plans to launch a premium tier, 'Supremium', later this year.

Portfolio Pulse from Benzinga Newsbot

June 24, 2023 | 5:47 am

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GM

RIVN

TSLA

Washington state now mandates that electric vehicle charging companies participating in the highway electrification program must incorporate both Tesla's charging standard NACS and the rival charging standard CCS. This follows Texas, which recently became the first state to enforce Tesla's charging standard. Ford, General Motors, and Rivian Automotive have all announced plans to adopt Tesla's charging standard.

Portfolio Pulse from Anan Ashraf

June 24, 2023 | 5:43 am