Streetbeat News

Partnerships

F

GM

TSLA

Tesla's stock is on the verge of a historic 13th straight session of gains, driven by its charging infrastructure partnership with General Motors and Ford. Analysts expect price target increases ahead of Tesla's June quarter estimates.

Portfolio Pulse from Shanthi Rexaline

June 13, 2023 | 11:42 am

CWH

Camping World has announced the launch of a new dealership format dedicated exclusively to the RV industry's leading brands. The format will feature select dealerships selling, servicing, and showcasing a specific brand's latest innovations and products.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:32 am

FTCH

GXO

GXO Logistics expands its partnership with FARFETCH, creating 500 jobs to support Reebok's European ecommerce operations.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:10 am

AHI

Advanced Health Intelligence Ltd (AHI) has agreed to issue 20,000,000 shares to Orca Capital GMBH, raising $5,000,000 at 25 cents a share. The proceeds will be used for product development, marketing, and general corporate purposes.

Portfolio Pulse from Charles Gross

June 13, 2023 | 11:08 am

ALLY

C

Cannabis-infused beverage brand Uncle Arnie's has raised strategic investments from Samuel Adams founders Harry Rubin and Lorenzo Lamadrid, former Ally Financial CEO Michael Carpenter, and VC investor Nick Carpenter. The company plans to use the funds to expand into additional states and achieve profitability in 2023.

Portfolio Pulse from Nina Zdinjak

June 13, 2023 | 11:00 am

GOOGL

SSNLF

Samsung and Google have partnered to optimize Google apps for the outer display of Samsung's upcoming Galaxy Z Flip 5 foldable smartphone. The larger outer display will allow users to perform tasks without flipping open the larger inner display, extending its life.

Portfolio Pulse from rounakjain@benzinga.com

June 13, 2023 | 10:54 am

IGT

SGMS

IGT subsidiary and Scientific Games have secured a 20-year lottery contract for Loteria Mineira Brazil as part of a consortium. The contract is effective from June 9, 2023, and the consortium plans to launch instant games by the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 10:48 am

UBER

Uber Health announced plans to add grocery and over-the-counter (OTC) item delivery to its HIPAA-enabled platform, allowing payers and providers to use the same platform for non-emergency medical transportation and prescription delivery. The service will be facilitated by Uber Eats.

Portfolio Pulse from Charles Gross

June 13, 2023 | 10:08 am

F

GM

TSLA

Tesla has struck deals with General Motors and Ford, allowing their electric vehicles access to Tesla's charging infrastructure. Former Ford CEO Mark Fields sees this as a pragmatic move for all parties involved, with Tesla gaining revenue from its competitors and the legacy automakers benefiting from Tesla's dependable charging infrastructure.

Portfolio Pulse from Shanthi Rexaline

June 13, 2023 | 10:00 am

INTC

SFTBY

SoftBank plans layoffs at its Vision Fund investment arm, potentially impacting up to 30% of employees. The company is also in talks to get Intel as a key investor for Arm Ltd's IPO.

Portfolio Pulse from Lekha Gupta

June 13, 2023 | 9:32 am