Streetbeat News

Partnerships

APD

Air Products (NYSE: APD) has been selected to provide its proprietary AP-X® LNG Process technology and equipment to Qatargas for the North Field South (NFS) Project in Ras Laffan, the State of Qatar. The deal includes the supply of two new LNG process trains, adding to the four trains currently being fabricated for the North Field East (NFE) LNG project.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 3:01 pm

NVDA

Nvidia's strategic investments, such as participating in Cohere's $270 million Series C funding round, have reinforced its growing influence in the AI industry. The company's stock value surged by over 24% following its earnings announcement and a further 4% increase.

Portfolio Pulse from Zaheer Anwari

June 12, 2023 | 2:57 pm

DLB

Dolby Laboratories (DLB) has expanded its multi-year agreement with Cinépolis to install Dolby's cinema solutions on all refresh and newly built screens throughout their global circuit. This includes Dolby's IMS3000 servers, audio processing, loudspeakers, and Dolby Multichannel Amplifiers.

Portfolio Pulse from Akanksha Bakshi

June 12, 2023 | 2:53 pm

SCHL

Scholastic Entertainment announces the expansion of its media licensing with new programs for Eva the Owlet and Stillwater, both available on Apple TV+, and the addition of new licensees for Clifford the Big Red Dog. The company is actively seeking licensees in various categories for children aged 2 to 8.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:41 pm

AMZN

PLTR

Palantir Technologies Inc (NYSE:PLTR) shares are trading higher after BofA Securities raised its price target on the stock from $13 to $18. Palantir shares have been trending higher over the last month, hitting new 52-week highs last week. The company also announced several new deals and the launch of Palantir Foundry for manufacturing on Amazon.com Inc's (NASDAQ:AMZN) Web Services.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 2:23 pm

ABM

Noodoe, an electric vehicle (EV) charging software developer, has received a strategic investment from ABM (NYSE:ABM), a leading provider of facility services and infrastructure solutions. The investment aims to accelerate the adoption of sustainable transportation and enhance customer-centric EV charging experiences.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:18 pm

FULT

Fulton Financial Corporation (NASDAQ:FULT) has appointed Karthik Sridharan as Senior Executive Vice President, Chief Operations and Technology Officer. Sridharan will lead a team focused on leveraging technology to enhance the digital customer experience at Fulton Bank.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:17 pm

FRZA

ONEW

Forza X1 receives an initial purchase order from OneWater Marine for 100 units of its 22-foot electric boats, potentially generating $12M in revenue. This marks Forza's first sale of its 22-foot electric boat and expands its partnership with OneWater.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:12 pm

CHPT

ChargePoint Holdings Inc (CHPT) shares are trading lower by 4.86% after General Motors announced a partnership with Tesla to use its charging network. The collaboration will integrate the North American Charging Standard connector design into GM's EVs starting in 2025, providing GM EV drivers access to 12,000 Tesla Superchargers across North America.

Portfolio Pulse from Henry Khederian

June 12, 2023 | 2:10 pm

APRN

Blue Apron Holdings (NYSE:APRN) sold its production and fulfillment operational infrastructure to FreshRealm for $28.5 million in cash, with an additional $4 million if certain milestones are met by September 30. The company also signed a 10-year deal making FreshRealm the exclusive supplier of its meal kits.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 2:09 pm