Streetbeat News

Partnerships

SAIC

SAIC has secured a $1.3 billion contract to lead the US Department of Treasury's adoption of enhanced cloud services through the T-Cloud contract, which aims to centralize management of systems infrastructure, platform, and software-as-a-service.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:06 pm

LFLY

UBER

Leafly (NASDAQ:LFLY) CEO Yoko Miyashita discussed the challenges of moving cannabis consumers from unlicensed to legal markets at the Benzinga Cannabis Capital Conference. Leafly recently partnered with Uber (NYSE:UBER) to launch cannabis delivery services in Canada, leveraging existing infrastructures to meet customer demands.

Portfolio Pulse from Javier Hasse

June 22, 2023 | 7:34 pm

MDB

MongoDB shares are trading higher after the company announced several new product launches, including the MongoDB AI Innovators Program, MongoDB Atlas for Industries, and five new products and features for MongoDB Atlas. A new partnership with Google Cloud was also announced.

Portfolio Pulse from Ryan Gustafson

June 22, 2023 | 6:38 pm

ORAN

PANW

Palo Alto Networks (PANW) shares are trading higher after the company partnered with Orange Business and Orange Cyberdefense (ORAN) to offer a managed Secure Access Service Edge (SASE) solution for enterprise customers. BTIG analyst Gray Powell maintained a Buy rating for PANW and raised the price target from $253 to $307.

Portfolio Pulse from Ryan Gustafson

June 22, 2023 | 6:09 pm

CP

CSX

CPKC and CSX have announced a planned collaboration to develop additional hydrogen locomotives, aiming to reduce greenhouse gas emissions and improve fuel efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 6:01 pm

GE

SPY

Indian Prime Minister Narendra Modi announced a landmark agreement with General Electric (GE), potentially boosting the company's presence in the country.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 5:55 pm

DIS

SPY

Geoff Morrell, former Disney executive, has been hired by the Saudi Public Investment Fund to assist with media relations for LIV Golf's partnership with the PGA Tour. Morrell's role will involve providing communications and stakeholder consulting services.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:49 pm

ACI

ADBE

AMZN

GOOG

OMC

Omnicom Group has partnered with Amazon Web Services (AWS) to use generative AI for advertising campaigns. Omnicom will use AWS AI and machine learning services to accelerate advertising campaign development. The company also expanded partnerships with Adobe, Albertsons Companies, and Google Cloud.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 4:47 pm

AMZN

Amazon Cloud CEO stated that generative AI will be a significant tailwind for its business during the Bloomberg Summit. This technology is expected to drive growth and innovation for Amazon Web Services (AWS).

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:43 pm

AEP

BX

Blackstone Infrastructure Partners has invested an additional $1 billion in sustainable energy solutions provider Invenergy, raising its total stake to nearly $4 billion. Invenergy plans to use the investment to accelerate growth and advance its portfolio of clean energy projects.

Portfolio Pulse from AJ Fabino

June 22, 2023 | 4:40 pm