Streetbeat News

Partnerships

QCOM

SONY

Qualcomm and Sony have entered into a multi-year agreement for the supply of smartphone components, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:07 pm

MDB

MongoDB announced the MongoDB AI Innovators Program, providing organizations building AI technology access to MongoDB Atlas credits, partnership opportunities, and go-to-market activities. The program consists of the AI Startups track for early-stage ventures and the AI Amplify track for more established companies.

Portfolio Pulse from Charles Gross

June 22, 2023 | 3:04 pm

AXSUSD

BNBUSD

Benzinga is hosting a virtual event, Crypto Unlocked, focusing on Web3 gaming on June 22. The event features leaders from Axie Infinity, BNB Chain, Splinterlands, Aavegotchi, Alien Worlds, and Upland.

Portfolio Pulse from Jose Rodrigo Safdiye

June 22, 2023 | 3:03 pm

BLK

DB

CACEIS, a joint asset servicing division of Crédit Agricole and Santander, has been approved by French regulators to offer cryptocurrency custody services. This comes as the European Union prepares to enforce new cryptocurrency licensing regulations, MiCA, in 2024.

Portfolio Pulse from Murtuza Merchant

June 22, 2023 | 2:59 pm

AVCNF

Avicanna Inc. has entered into a sponsorship agreement with the Canadian Consortium for the Investigation of Cannabinoids (CCIC) to sponsor the Canadian Cannabis Syllabus (CCS), a continuing education course accredited by the University of Calgary. The course aims to educate healthcare providers on medical cannabis.

Portfolio Pulse from Vuk Zdinjak

June 22, 2023 | 2:33 pm

ACGL

FTV

MAR

CNBC's 'Halftime Report Final Trades' featured recommendations for Marriott International, Fortive Corporation, and Arch Capital Group. Marriott is expected to benefit from a rebound in cross-border travel and its deal with Hiap Hoe Limited. Fortive reported 6.1% YoY sales growth in Q1, beating estimates. Arch Capital Group has been growing at 34% over the last four quarters and received an Overweight rating from Morgan Stanley.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 2:26 pm

NFLX

WBD

Warner Bros. Discovery (WBD) shares are trading lower as the company faces another round of firings, particularly in the cable-TV network. The layoffs affected several cable-TV networks, including Discovery Channel and Food Network. Additionally, WBD is discussing licensing HBO titles to rival Netflix (NFLX) on a non-exclusive basis.

Portfolio Pulse from Anusuya Lahiri

June 22, 2023 | 2:04 pm

AMZN

IRBT

Amazon is unlikely to offer remedies during the EU antitrust preliminary review of its iRobot deal, potentially leading to a full-scale investigation. The company has one final chance in the next few days to avert the investigation.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 2:01 pm

GXO

GXO Logistics has partnered with European fashion platform Zalando to manage the operations of a fulfillment center near Paris. The 140,000-square meter site will be fully automated and create approximately 2,000 jobs in the mid-term.

Portfolio Pulse from Shivani Kumaresan

June 22, 2023 | 2:00 pm

AMZN

OMC

Omnicom Group (OMC) has partnered with Amazon Web Services (AWS) to develop a generative AI platform for advertising campaign development. The collaboration aims to transform the advertising industry by leveraging AI technology.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:30 pm