Streetbeat News

Partnerships

AAL

JBLU

A U.S. judge ruled that the injunction against JetBlue and American Airlines will take effect 21 days after the court ruling. This decision may impact the airlines' partnership and operations.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:08 pm

GOOGL

LUMN

MSFT

Lumen Technologies has unveiled ExaSwitch, a new network interconnection ecosystem developed in collaboration with Microsoft and Google. The platform aims to help service providers, content providers, and enterprises route network traffic between data centers dynamically. Lumen, Google Cloud, Microsoft Azure, and another large cloud provider have already adopted the platform.

Portfolio Pulse from Lekha Gupta

June 12, 2023 | 3:42 pm

SHLS

Shoals Technologies announced a Master Supply Agreement with Blattner Company to deliver 10 GW Big Lead Assembly and systems solutions over the next two years, causing SHLS shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 3:34 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares are trading higher by 9.49% to $10.04 during Monday's session, rebounding after weakness on Friday due to General Motors' partnership with Tesla on charging networks. Plug Power's hydrogen-powered engines offer extended range capabilities and greater payload capacity compared to alternative electric vehicle power solutions.

Portfolio Pulse from Henry Khederian

June 12, 2023 | 3:29 pm

HSBC

HSBC has launched a new HSBC Innovation Banking unit at the London Tech Week, which includes the acquired Silicon Valley Bank UK arm and newly formed innovation teams in the U.S., Israel, and Hong Kong. The unit aims to offer globally-connected, specialized banking services for innovative businesses and their investors.

Portfolio Pulse from Lekha Gupta

June 12, 2023 | 3:26 pm

EVGO

EVgo shares are trading lower due to downward momentum following the recent announcement of General Motors' partnership with Tesla to utilize its charging network. The collaboration aims to accelerate mass EV adoption and establish a unified North American charging standard.

Portfolio Pulse from Henry Khederian

June 12, 2023 | 3:26 pm

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