Streetbeat News

Partnerships

DuPont (NYSE: DD) and JetCool Technologies announced a collaboration to increase adoption of advanced liquid cooling technology for semiconductors, data centers, and high-performance computing applications. The partnership will introduce a new sales channel targeting semiconductor companies in Taiwan and Singapore.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 1:07 pm

BABA

EADSY

GOOGL

GRAB

HYMTF

NVDA

SPOT

Spotify plans to launch a more expensive subscription plan called 'Supremium' with high-fidelity audio. Grab Holdings plans to cut its workforce by 5%. Deutsche Bank applies for a digital asset custody license. Google is in talks with Indian suppliers to assemble Pixel smartphones. Chinese vendors bypass the US embargo to supply Nvidia AI chips. Alibaba names Eddie Wu as its new CEO. Hyundai unveils an $85B investment plan for EVs. Airbus confirms a 500 A320 aircraft order from IndiGo.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 1:07 pm

IBM

FYI is collaborating with IBM Consulting to integrate IBM WatsonX with FYI's platform, aiming to deliver value and cultivate trust among creatives by managing the business of creation using generative AI.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 1:06 pm

FUBO

FuboTV and Ryan Reynolds' Maximum Effort have partnered to launch the Maximum Effort Channel, which premieres today with a mix of original and licensed content. This partnership aims to expand FuboTV's content offerings and attract more subscribers.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 1:03 pm

HYMTF

TSLA

Hyundai Motor Company is considering joining Tesla's North American Charging Standard (NACS) alliance, which has been adopted by General Motors and Ford. Tesla's Superchargers make up 60% of total available U.S. fast chargers. By opening its charging network to other brands, Tesla could qualify for $7.5 billion in subsidies.

Portfolio Pulse from Shivani Kumaresan

June 20, 2023 | 1:02 pm

ANSS

OneSky and Ansys have expanded their partnership to develop autonomous, AI-based advanced air mobility solutions. The collaboration aims to improve safety and efficiency in the aerospace industry.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 1:01 pm

RIVN

TSLA

Rivian Automotive (RIVN) has signed an agreement with Tesla (TSLA) to provide Rivian drivers access to Tesla's Supercharger network across the US and Canada. Rivian will also incorporate the North American Charging Standard (NACS) charge ports in its vehicles starting in 2025.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 12:46 pm

US lawmakers are urging General Motors (GM) and Ford (F) to reduce their dependence on China, particularly for electric vehicle batteries. The $430 billion Inflation Reduction Act aims to dissociate US EV production from Chinese supply chains through new conditions on EV tax credits.

Portfolio Pulse from Shivani Kumaresan

June 20, 2023 | 12:44 pm

NGMS

NeoGames' subsidiary Aspire Global Limited will provide its full iGaming suite of products to The Cordish Companies' PlayLive! Online Casino in Pennsylvania. The agreement includes a complete migration of iGaming operations to NeoGames' PAM, CRM, Aggregation, and Data Analytics product suite in 2024.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 12:44 pm

NUMIF

OPTHF

PMBHF

Numinus Wellness (OTC:NUMIF) will utilize Optimi Health’s (OTC:OPTHF) GMP-compliant MDMA for a therapist-experiential training program in Canada, supported by MAPS. PharmAla Biotech Holdings (OTC:PMBHF) has received a permit to export its GMP-compliant MDMA LaNeo to the University of Sydney.

Portfolio Pulse from Lara Goldstein

June 20, 2023 | 12:43 pm