Streetbeat News

Partnerships

AMZN

GOOG

GOOGL

Amazon Pay aims to leverage its mobile wallet service to reestablish itself in the consumer payment market in India, focusing on interoperability and increasing transaction share among its extensive customer base. Amazon Pay faces competition from Paytm Payments Bank and Google's payment services.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 15, 2023 | 6:46 am

DAL

TSLA

UAL

Elon Musk supports the Capital Access Alliance's (CAA) campaign to increase long-distance flights at Ronald Reagan Washington National Airport (DCA). The CAA, which includes Delta Air Lines, is pushing for the Direct Capital Access Act to authorize 28 in and beyond perimeter flights at DCA, citing higher ticket prices and more time on planes for flyers.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 5:50 am

BSAQ

Vietnamese EV maker VinFast has introduced a new aftersales program offering financial support and service vouchers to customers experiencing vehicle issues. The policy is effective from June 15 and applies to the US, Canadian, and Vietnamese markets. VinFast recently announced a SPAC merger with Black Spade Acquisition Co (NYSE:BSAQ), valuing the company at $27 billion.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 5:36 am

F

GM

SPY

TSLA

Tesla's 13-day stock market streak ended on June 14, with shares closing at $256.79, down 0.74%. The decline coincided with Federal Reserve Chairman Jerome Powell's announcement that interest rates would remain steady, causing the overall market to dip. Tesla's shares are up over 130% year-to-date in 2023.

Portfolio Pulse from Chris Katje

June 14, 2023 | 10:05 pm

AVA

CLW

WMT

Avista has reached a settlement agreement with the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, and Walmart Inc. in its electric and natural gas general rate cases. The agreement has been submitted to the Idaho Public Utilities Commission for consideration.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 9:41 pm

BMY

STRO

Sutro Biopharma (STRO) received a notice of termination from Celgene Corporation, a Bristol Myers Squibb (BMY) company, for their collaboration and license agreement dated August 2, 2017, effective October 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:38 pm

IGT

International Game Technology (IGT) has announced the launch of a ten-game set for Alberta Gaming, Liquor & Cannabis, replacing approximately 2,600 legacy video lottery terminals with IGT CrystalDual.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:35 pm

ENS

EnerSys has entered a non-binding Memorandum of Understanding with Verkor SAS to explore the development of a lithium-ion battery factory in the US. The companies are working on plans, determining the optimal location, and evaluating funding and operating structures.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:19 pm

FDX

GM

FedEx Express Canada has launched its first 50 all-electric vehicles in partnership with BrightDrop, a General Motors subsidiary. This marks a significant step towards FedEx's goal of carbon-neutral operations by 2040.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 7:36 pm

AAPL

U

Unity Software shares are trading higher, possibly due to continued momentum from the company's recently announced partnership with Apple.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 7:16 pm