Streetbeat News

Partnerships

CNDT

Conduent Transportation, a unit of Conduent Incorporated (NASDAQ:CNDT), has been selected by Azienda Trasporti Verona to provide contactless payment technology for buses in Verona, Italy. The technology will modernize the ticketing system and allow passengers to pay with debit and credit cards and NFC-enabled digital wallets.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2023 | 5:01 pm

APTV

LYFT

UBER

Aptiv's CFO announced that Motional, its autonomous vehicle joint venture, is ramping up commercial agreements with Lyft and Uber for robotaxi and food delivery services.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:38 pm

INTU

MAXN

SSNLF

Maxeon Solar Technologies' shares climbed after signing a deal with Samsung Electronics. Roth MKM predicts margin expansion in 2023 and profitability in 2024 for Maxeon. Analyst Philip Shen upgraded Maxeon's rating to Buy and raised the price target from $21 to $40.

Portfolio Pulse from Priya Nigam

June 14, 2023 | 4:38 pm

INTC

Intel shares are trading higher as the company is in talks to be a potential anchor investor in Arm's IPO, amid strength in tech stocks.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:28 pm

CEG

CVS

CVS Health Corporation has signed an 18-megawatt agreement with Constellation Energy Corporation to purchase zero-emission, renewable energy for its 147 locations in Michigan. The 12-year agreement starts in April 2025 and will help CVS reduce its carbon footprint by nearly 17,000 metric tons.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2023 | 4:08 pm

APTV

Aptiv PLC's CFO stated at the Deutsche Bank Conference that customer schedules are holding and disruptions have decreased compared to the last few years.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 4:00 pm

AMZN

GOOG

GOOGL

MSFT

ORCL

Oracle Corporation reported better-than-expected fiscal Q4 results and revenue guidance, with $13.84 billion in revenue, a 17% YoY growth. The company's cloud services and license support revenue grew 23% to $9.37 billion, while cloud infrastructure revenue expanded 76% to $1.4 billion. Oracle also partnered with start-up Cohere to bring generative artificial intelligence to its cloud service.

Portfolio Pulse from Upwallstreet

June 14, 2023 | 3:40 pm

INOD

Innodata announced the start of generative AI training dataset development for a leading cloud infrastructure and platform services company, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:20 pm

NNOX

Nanox Vision announced the deployment of its Nanox.ARC Medical Imaging System at CHU University Hospital in Marrakech. The system is operational and has begun scanning human patients, expanding Nanox's presence in Africa and improving medical imaging access.

Portfolio Pulse from Happy Mohamed

June 14, 2023 | 2:45 pm

ALEAF

Aleafia Health Inc. reported FY23 net revenue of CA$42.8 million ($32.2 million), a 0.6% decrease compared to FY 2022. Gross profit was CA$6 million, and net loss was CA$34.6 million. The company is excited about its proposed business transaction with Red White & Bloom.

Portfolio Pulse from Vuk Zdinjak

June 14, 2023 | 2:45 pm