Streetbeat News

Partnerships

GOOG

LUMN

MSFT

Lumen Technologies announced a new network interconnection ecosystem called Exaswitch, created in partnership with Google and Microsoft. Exaswitch allows organizations with high bandwidth needs to route their traffic dynamically and quickly between networks without third-party intervention.

Portfolio Pulse from Ryan Gustafson

June 14, 2023 | 1:00 am

AMD

AMZN

HPE

META

NVDA

ORCL

AMD CEO Lisa Su predicts the AI market could grow to $150 billion by 2027, up from its current $30 billion. The company's latest GPU, the MI300, is designed for AI and large language models. AMD plans to roll out the MI300 in Q3, with full production by year-end. AMD has announced partnerships with Amazon, Oracle, Meta, and Hewlett Packard Enterprise, among others.

Portfolio Pulse from AJ Fabino

June 13, 2023 | 11:09 pm

AMD

AMZN

HPE

META

NVDA

ORCL

AMD announced AI-focused advancements and offerings, including the EPYC Bergamo processors, Instinct MI300 accelerators, Genoa-X processors, and Sienna chips. The company also highlighted collaborations with Amazon AWS, Oracle, and Meta Platforms, and a partnership with AI company Hugging Face.

Portfolio Pulse from AJ Fabino

June 13, 2023 | 8:31 pm

IVAC

Intevac (NASDAQ:IVAC) has hired investment banking firm Houlihan Lokey to advise on strategic alternatives and formed a strategic committee to evaluate options for increasing stockholder value. The company reaffirms its year-end cash outlook and raises its 2023 revenue outlook to $43M-$48M.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:13 pm

AGRX

Agile Therapeutics has announced a new agreement with VitaCare Prescription Services, a subsidiary of GoodRx, to improve access to Twirla and streamline fulfillment. The partnership is expected to drive growth in the retail channel and contribute to Agile's 2023 net revenue target of $25-$30 million.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:08 pm

QGEN

QIAGEN's QCI Interpret software has been selected by the Danish National Genome Center for variant interpretation in oncology genome sequencing. This is part of Denmark's national initiative to provide whole-genome sequencing as the standard-of-care for relevant patient groups.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:07 pm

TSLA

Tesla shares are trading higher amid strength in EV stocks and overall market strength following May CPI data. Stellantis is reportedly evaluating Tesla's charging standard, and Tesla was granted a patent for autonomous driving system emergency signaling. Tesla shares are up 3.8% at $259.27.

Portfolio Pulse from Adam Eckert

June 13, 2023 | 7:39 pm

AMD

AMZN

AMD and AWS announced their collaboration's progress in cloud technology at the AMD Data Center and AI Technology Premiere event. The partnership has introduced over 100 AMD EPYC-based Amazon EC2 instances for various workloads, resulting in significant cost savings and performance improvements for customers.

Portfolio Pulse from Michael Cohen

June 13, 2023 | 6:24 pm

STLA

TSLA

Stellantis is evaluating Tesla's charging standard and looks forward to discussing more in the future, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 6:23 pm

F

IPX

IperionX (IPX) shares surged over 121% after announcing a Scope of Work agreement to supply Ford Motor Company (F) with titanium components for upcoming Ford Performance vehicles. The partnership aims to accelerate the deployment of a sustainable, circular titanium supply chain for the global automotive market.

Portfolio Pulse from Erica Kollmann

June 13, 2023 | 6:16 pm