Streetbeat News

Partnerships

FTI

TechnipFMC (NYSE:FTI) has been awarded a significant contract worth between $75M-$250M by Woodside Energy for the Julimar Phase 3 development, offshore Western Australia. The contract includes engineering, procurement, construction, and installation of flexible pipes and umbilicals.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:40 pm

BKR

E

Baker Hughes (BKR) has secured a significant contract from Eni Spa (E) and Petroci for the Baleine Phase 2 project in Ivory Coast, Africa's first Scope 1 and 2 net-zero emissions development. The deal strengthens Baker Hughes' presence in West Africa and unlocks growth potential in the country.

Portfolio Pulse from Akanksha Bakshi

June 16, 2023 | 2:46 pm

AMZN

TSLA

NASA has partnered with seven companies, including Blue Origin and SpaceX, under the Collaborations for Commercial Space Capabilities-2 (CCSC-2) initiative to support the development of commercial capabilities such as crewed spacecraft and space stations. NASA will provide technical expertise, assessments, and data, but no funding.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 2:41 pm

BLK

BlackRock has filed an application with the SEC to launch a publicly traded Bitcoin ETF, the iShares Bitcoin Trust, with Coinbase Custody Trust Co. as its custodian partner. This comes after BlackRock CEO Larry Fink's 2017 comment calling Bitcoin an 'index of money laundering'.

Portfolio Pulse from Mehab Qureshi

June 16, 2023 | 2:25 pm

WBA

Walgreens Boots Alliance (WBA) has entered into a multi-year partnership with Freenome to advance clinical studies of blood-based tests for early cancer detection. The collaboration will involve building risk-prediction models and population health software.

Portfolio Pulse from Nabaparna Bhattacharya

June 16, 2023 | 1:53 pm

AMZN

BABA

BIDU

INTC

IRBT

MU

The UK's CMA cleared Amazon's purchase of iRobot, Intel announced a $4.6 billion investment in Poland, and Baidu secured a license for autonomous ride-hailing in Shenzhen. Micron plans to invest $600 million in a Chinese chip-packaging plant despite restrictions, and Alibaba plans a major European push with Tmall.

Portfolio Pulse from Vandana Singh

June 16, 2023 | 1:33 pm

FXI

SPY

U.S. Defense Secretary Lloyd Austin stated that the door is open for military dialogue with China, encouraging them to pick up the phone anytime. This could potentially ease tensions between the two countries.

Portfolio Pulse from Happy Mohamed

June 16, 2023 | 1:28 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) shares are surging after announcing a partnership with Fusionex Group to enter the AI and big data industries. The collaboration will focus on Southeast Asia, leveraging Fusionex's Analytics GIANT solution to provide strategic guidance to VCI Global's clients.

Portfolio Pulse from Nabaparna Bhattacharya

June 16, 2023 | 1:27 pm

XBRAF

Xebra Brands Ltd. has signed a cannabis cultivation agreement with Chapingo University in Mexico, focusing on the first commercial cultivation of cannabis and hemp with less than 1% THC. The collaboration will include importing cannabis seeds, cultivating hemp, assessing strains, and producing low-THC cannabis crops.

Portfolio Pulse from Vuk Zdinjak

June 16, 2023 | 1:19 pm

SCLX

Scilex Holding Company will present data on ELYXYB, a treatment for acute migraine in adults, at the 65th Annual Scientific Meeting of the American Headache Society.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:04 pm