Streetbeat News

Partnerships

NRGV

Energy Vault Holdings Inc. (NYSE:NRGV) has announced a $350 million agreement with Enervest Group to deploy a 1.0 GWh battery energy storage system in New South Wales, Australia. This project aims to enhance renewable energy generation and grid stability, marking Energy Vault's expansion in the Australian market.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:45 pm

DRUG

Bright Minds Biosciences has announced a collaboration with Firefly Neuroscience to analyze EEF data in their BREAKTHROUGH trial. This partnership aims to enhance the understanding of the trial's outcomes.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:43 pm

LUMN

Lumen Technologies' stock is rising following its partnership with Meta to enhance Meta's network capacity, supporting Meta's AI goals.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:36 pm

LUMN

META

Lumen Technologies and Meta have partnered to expand AI network capabilities. Lumen's Private Connectivity Fabric will support Meta's long-term network capacity needs for AI development.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:35 pm

CYRX

TMRW Life Sciences and CryoPort Systems have formed a strategic partnership to enhance standards for the storage and transport of frozen eggs, embryos, and sperm. This collaboration aims to provide fertility clinics with comprehensive and reliable solutions for managing and transporting IVF specimens.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:34 pm

DIS

The Walt Disney Company has appointed James P. Gorman as its new Chairman, effective January 2, 2025, succeeding Mark G. Parker. Gorman will step down as Morgan Stanley Executive Chairman on December 31, 2024. Disney plans to announce its next CEO in early 2026, considering both internal and external candidates.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:33 pm

TM

TSLA

Hyundai's Boston Dynamics has partnered with Toyota Research Institute to advance humanoid robot development, challenging Tesla's Optimus robot. The collaboration aims to enhance robot capabilities using TRI's Large Behavior Models and Boston Dynamics' Atlas robot.

Portfolio Pulse from Anan Ashraf

October 21, 2024 | 12:22 pm

OPTT

Ocean Power Technologies (OPTT) has signed a distributor agreement with UAE-based Remah International Group to promote and sell its marine power solutions in the UAE, targeting the defense and security industry.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:17 pm

CACI

CACI International has been awarded an $805 million task order to provide engineering support and technology to the US Navy's NavalX office. This contract highlights CACI's role in supporting military technology and innovation.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:16 pm

LUV

Elliott Investment Management has launched a podcast to influence Southwest Airlines shareholders, advocating for leadership changes. Elliott holds an 11% stake in Southwest and is pushing for a new CEO and board members. The podcast is part of a broader strategy to exert influence over the airline, with a shareholder vote scheduled for Dec. 10.

Portfolio Pulse from Benzinga Neuro

October 21, 2024 | 12:16 pm