Streetbeat News

Partnerships

ERJ

Embraer (ERJ) has signed a deal with China's Lanzhou Aviation Industry Development Group to convert 20 E-Jets into freighters. The financial terms were not disclosed. This deal makes Lanzhou the launch customer for Embraer's Passenger-to-Freight (P2F) conversion in China.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 1:53 pm

KSCP

TSLA

Knightscope announced that its Robot Roadshow will be featured at Tesla Takeover 2023 in San Luis Obispo, CA. The event brings together Tesla owners, EV enthusiasts, and industry experts to celebrate the future of electric vehicles.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:46 pm

EVGN

Evogene's subsidiary Casterra signed a framework agreement with an oil & gas company to sell its castor seeds for sustainable biofuel production, with initial purchase orders of $9.1 million. This has the potential to facilitate the production of approximately 1.5% of the existing global demand for non-fossil oil intended for biodiesel applications.

Portfolio Pulse from Henry Khederian

June 21, 2023 | 1:46 pm

AZN

PIRS

Pieris Pharmaceuticals announced that partner AstraZeneca has decided to discontinue and cease dosing in the ongoing clinical studies of elarekibep, an asthma drug, due to lung findings from a non-clinical toxicology study. Pieris will review the implications of the data and AstraZeneca's decision on the program.

Portfolio Pulse from Vandana Singh

June 21, 2023 | 1:41 pm

XOM

Exxon Mobil Corp (XOM) is in talks with the Guyana government to return unexplored offshore oil areas, according to Reuters. The move comes as the company faces pressure to cut costs and focus on more profitable projects.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 1:32 pm

FDX

MA

MU

The Indian government has approved Micron Technology's $2.7 billion plan for a new semiconductor testing and packaging unit in Gujarat, with production-linked incentives worth $1.34 billion. This comes as the White House urges US chip companies to invest in India to reduce business risks in China.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 1:28 pm

AMD

HPE

AMD's EPYC Embedded Series processors are powering Hewlett Packard Enterprise's (HPE) new HPE Alletra Storage MP solution, enabling high-performance scale-out block and file storage through HPE GreenLake. The processors provide performance and energy efficiency for enterprise-class storage systems.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:18 pm

CQP

EQNR

LNG

Cheniere Energy's subsidiary, Cheniere Marketing, has entered into a 15-year long-term LNG sale and purchase agreement with Equinor ASA. Equinor will purchase approximately 1.75 million tonnes per annum of LNG, with half of the volume delivery starting in 2027 and the remaining half by the end of the decade.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 1:18 pm

GOOG

GOOGL

NHNCF

YouTube, owned by Alphabet Inc, is set to launch its first official shopping channel for live commerce in South Korea on June 30. The 90-day project will initially provide a live-commerce platform to companies and livestream shopping content from around 30 brands. South Korea's live commerce market is expected to reach $7.7 billion in 2023, with Naver Corp holding a 60% market share.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 1:14 pm

VZ

Verizon Business has launched Connected Car by Verizon, an in-car connectivity service for select BMW models in the U.S. The service offers voice, data, unlimited Wi-Fi hotspot connectivity, and additional features for $20 per month. Verizon customers can also access personalized connectivity features through the My BMW app.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 1:13 pm